Florida 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.
FLORIDA ECONOMY: The economy of the state of Florida is the fourth-largest in the United States, with a $1.2 trillion gross state product (GSP) as of 2021. If Florida were a sovereign nation (2021), it would rank as the world's 16th-largest economy according to the International Monetary Fund, ahead of Indonesia and behind Mexico.
RURAL TEA COUNTIES IN FLORIDA:
INTERACTIVE RURAL TEA MAP