Hawaii 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 HAWAII:
HAWAII ECONOMY: Historically dominated by a plantation economy, Hawaii remains a major agricultural exporter due to its fertile soil and uniquely tropical climate in the U.S. Although its relative isolation results in one of highest costs of living in the United States, Hawaii is the third-wealthiest state.
RURAL TEA COUNTIES IN HAWAII:
INTERACTIVE RURAL TEA MAP