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:
- Adair
Atchison
Audrain
Barry
Barton
Benton
Butler
Camden
Carroll
Carter
Cedar
Chariton
Clark
Cooper
Crawford
Dade
Daviess
Dent
Douglas
Dunklin
Gasconade
Gentry
Grundy
Harrison
Henry
Hickory
Holt
Howard
Howell
Iron
Johnson
Knox
Laclede
Lawrence
Lewis
Linn
Livingston
Macon
Madison
Maries
Marion
Mercer
Miller
Mississippi
Monroe
Montgomery
Morgan
New Madrid
Nodaway
Oregon
Ozark
Pemiscot
Perry
Pettis
Phelps
Pike
Pulaski
Putnam
Ralls
Randolph
Reynolds
Ripley
Saline
Schuyler
Scotland
Scott
Shannon
Shelby
St. Clair
St. Francois
Ste. Genevieve
Stoddard
Stone
Sullivan
Taney
Texas
Vernon
Washington
Wayne
Worth
Wright
INTERACTIVE RURAL TEA MAP
