This article shows that international entrepreneurship and immigrant entrepreneurship increasingly intersect in a global world. Both research streams address cross-border entrepreneurial activity in parallel to each other. International entrepreneurship focuses on outgoing entrepreneurial activity, while immigrant entrepreneurship mainly considers incoming entrepreneurial activity. The article critically discusses such a dichotomy, highlighting how differentiating immigrant entrepreneurs and international entrepreneurs perpetuates orientalist assumptions about cross-border business activity. Focusing on entrepreneurship as a behaviour, the article proposes an alternative perspective to cross-border entrepreneurship, discussing cross-border opportunity identification and exploitation between an entrepreneur’s country of residence and a foreign country. This perspective provides a number of avenues for further research open for scholars in the field of entrepreneurship to investigate either alone or in collaboration with other disciplines.