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.
ILLINOIS ECONOMY: The 2018 total gross state product for Illinois was $857 billion, placing it fifth in the nation. The economy of Illinois is the fifth largest by GDP in the United States and one of the most diversified economies in the world.
RURAL TEA COUNTIES IN ILLINOIS:
- Adams
Brown
Bureau
Carroll
Cass
Christian
Clark
Clay
Coles
Crawford
Cumberland
Douglas
Edgar
Edwards
Effingham
Fayette
Franklin
Fulton
Gallatin
Greene
Hamilton
Hancock
Hardin
Henderson
Iroquois
Jasper
Jefferson
Jo Daviess
Johnson
Knox
LaSalle
Lawrence
Lee
Livingston
Logan
Marion
Mason
Massac
McDonough
Montgomery
Morgan
Moultrie
Ogle
Perry
Pike
Pope
Pulaski
Putnam
Randolph
Richland
Saline
Schuyler
Scott
Shelby
Stephenson
Union
Wabash
Warren
Washington
Wayne
White
Whiteside
INTERACTIVE RURAL TEA MAP
