Missouri 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.
MISSOURI ECONOMY: The U.S. Department of Commerce's Bureau of Economic Analysis estimated Missouri's 2016 gross state product at $299.1 billion, ranking 22nd among U.S. states.Per capita personal income in 2006 was $32,705,ranking 26th in the nation. Major industries include aerospace, transportation equipment, food processing, chemicals, printing/publishing, electrical equipment, light manufacturing, financial services and beer.
RURAL TEA COUNTIES IN MISSOURI:
INTERACTIVE RURAL TEA MAP