You are hereResources -- comprehensive EB-5 resource collection in one place! / [HOT] Targeted Employment Area Resources & Links
[HOT] Targeted Employment Area Resources & Links
TEA qualification is important because an EB-5 investor is allowed to invest $500,000 USD rather than the normal amount of $1 MM. But the EB-5 investor better make it sure that the area indeed qualifies as a TEA and obtains and presents clear evidence to support such TEA qualification. It is strongly recommended that you review the following link for a clear understanding of TEA concept: http://eb-5center.com/node/108
How to determine "rural" area?
You can click on the state that you are searching for - then enter the specific county - a one page county summary comes up. At the bottom, it indicates if that county is part of metropolitan statistical area (MSA).
http://quickfacts.census.gov/qfd/index.html
List of state agencies in charge of making TEA determinations and issuing TEA certification letters
Below are, in alphabetical order, state agencies which have been designated by states to determine TEA areas within the states for purposes of EB-5 Program. An effort will be made to present as comprehensive list of TEA designation agencies as they become ascertained.
Alabama: Alabama Dept of Labor -- www.alalabor.state.al.us
California: CA EDD -- www.labor.ca.gov/calBIS/cbfederalvisaprog.pdf
Connecticut: DECD -- www.ct.gov/ecd/cwp/view.asp?a=1099&q=249762
Florida: www.floridajobs.org
Pennsylvania: The Pennsylvania Department of Labor & Industry -- www.dli.state.pa.us
Texas: Texas Work Force Commission