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.
INDIANA ECONOMY: The economy of the state of Indiana is reflected in its gross state product in 2017 of US$359 billion and per capita income of $44,165. A high percentage of Indiana’s income is from manufacturing.
RURAL TEA COUNTIES IN INDIANA:
- Adams
Blackford
Cass
Clinton
Crawford
Daviess
Decatur
DeKalb
Dubois
Fayette
Fountain
Franklin
Fulton
Gibson
Grant
Greene
Henry
Huntington
Jackson
Jay
Jefferson
Jennings
Knox
Kosciusko
Lagrange
Lawrence
Marshall
Martin
Miami
Montgomery
Noble
Orange
Parke
Perry
Pike
Pulaski
Randolph
Ripley
Rush
Spencer
Starke
Steuben
Switzerland
Tipton
Union
Wabash
Warren
Wayne
White
INTERACTIVE RURAL TEA MAP
