California Rural TEA
The Definition of a RURAL TEA:
- An area not located within a metropolitan statistical area (MSA) as designated by the Office of Management and Budget;
- Or the outer boundary of any city or town having a population of 20,000 or more based on the most recent census.
What does a rural TEA mean for industry professionals and investors?
The RIA Act of 2022 created a unique set aside for areas designated as RURAL.
A project that is located in a rural TEA qualifies for priority processing of Form I-526 by United States Citizenship and Immigration Services. These investors will qualify for set-aside visas from the rural TEA classification, which makes up 20% of the yearly allocation of EB-5 visas.
EB-5 MARKET IN CALIFORNIA: California is the top state in terms of EB-5 investments and most popular with foreign investors. As of May 2022, California has 158 approved regional centers listed by USCIS.
CALIFORNIA ECONOMY: California, known as The Golden State, is the most populous state in the U.S. and third largest by area. California is the biggest sub-national economy in the world. Its gross state product was $3 trillion in 2018, the largest in the country. The main industries are government, agriculture, film industry, technology, services and tourism.
RURAL TEA COUNTIES IN CALIFORNIA:
- Alpine County
Amador County
Calaveras County
Colusa County
Del Norte County
Glenn County
Humboldt County except for Eureka city
Inyo County
Lake County
Lassen County
Mariposa County
Mendocino County
Modoc County
Mono County
Nevada County
Plumas County
Sierra County
Siskiyou County
Tehama County
Trinity County
Tuolumne County
INTERACTIVE RURAL TEA MAP
