Montana 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.
MONTANA ECONOMY: As of 2020, the U.S. Bureau of Economic Analysis estimated Montana's state product was $51.91 billion (47th in the nation)
Montana is a relative hub of beer microbrewing, ranking third in the nation in number of craft breweries per capita in 2011. Significant industries exist for lumber and mineral extraction; the state's resources include gold, coal, silver, talc, and vermiculite. Ecotaxes on resource extraction are numerous.
RURAL TEA COUNTIES IN MONTANA:
Lewis and Clark
INTERACTIVE RURAL TEA MAP