Migration has been a principal component of human evolution for thousands of years and is a phenomenon that will continue in the future. This makes the subject of migrants’ economic integration into host countries of timeless interest [1, 2]. More recently, understanding migrants’ behaviors and approaches to integrating economically into the host country context has become a timely, pressing need, especially considering that, in recent years, many Western societies are facing unprecedented numbers of migrants seeking asylum. Due to this migrant surge, host countries have multiplied their efforts to promote economic integration—such as entrepreneurship—in an effort to support migrants in becoming self-sustaining in the host country. Therefore, the critical need exists to better understand how migrant entrepreneurs address their liabilities of foreignness (LOF) to provide needed knowledge. The aim with this report is to advance understanding of LOF among (1) migrants who aspire to and currently are engaged in venturing, (2) governmental and nongovernmental actors who support migrant entrepreneurs, and (3) policy makers who decide upon potential interventions to promote migrant entrepreneurship. Specifically, the goal is threefold. First, one goal is to help these groups of actors see more clearly some of the challenges (burden, hindrance, or disadvantage) related to the LOF that migrant entrepreneurs face. Second, another goal is to make these actors aware of common approaches migrant entrepreneurs use to overcome (i.e., offset or reduce) those liabilities to achieve entrepreneurial performance. Finally, the third goal is to help these actors better understand the pros and cons with used approaches. Indeed, policy makers and entrepreneurs alike can draw on this typology as a roadmap in better understanding the problem to be solved, which in turn can stimulate a broader range of solutions to offset liabilities.