Global Investor Visa

What is a Targeted Employment Area (TEA) in the context of EB-5?​

A Targeted Employment Area (TEA) in the EB-5 Immigrant Investor Program is an area that offers a reduced minimum investment of $800,000, as opposed to the normal investment of $1.05 million. TEAs are designed to provide foreign investments to areas in need of economic redevelopment, job creation, and growth. TEAs fall into two categories: high unemployment areas, defined as an area with a rate of unemployment of at least 150% of the national average and these areas usually are urban areas and areas of economic distress, and rural areas, defined as being outside a metropolitan statistical area and outside a town or city with 20,000 or greater population. Following the EB-5 Reform and Integrity Act of 2022, U.S. Citizenship and Immigration Service (USCIS) is now the only government agency that designates TEAs, providing some level of consistency and transparency in the designation. As a requirement for a TEA designation, an investor must provide evidence, such as census data, or labor market data. The investment project in a TEA, typically an EB-5 investment, through a USCIS designated Regional Center, allows for a lower investment threshold while promoting the revitalization of underrepresented populations via job creation and economic growth

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