Rural TEA North Dakota Target Employment Area Eb5 - EB5Investors.com
Rural TEA

North Dakota Rural TEA

The Definition of a RURAL TEA:

  1. An area not located within a metropolitan statistical area (MSA) as designated by the Office of Management and Budget;
  2. 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.

NORTH DAKOTA ECONOMY: Agriculture is North Dakota’s largest industry, although petroleum, food processing, and technology are also major industries. Its growth rate is about 4.1%. According to the U.S. Bureau of Economic Analysis the economy of North Dakota had a gross domestic product of $55.180 billion in the second quarter of 2018. The per capita income for the state was $34,256, when measured from 2013 to 2017 by the United States Department of Commerce.The three-year median household income from 2013 to 2017 was $61,285.

RURAL TEA COUNTIES IN NORTH DAKOTA:

  • Adams
    Barnes
    Benson
    Billings
    Bottineau
    Bowman
    Burke
    Cavalier
    Dickey
    Divide
    Dunn
    Eddy
    Emmons
    Foster
    Golden Valley
    Grant
    Griggs
    Hettinger
    Kidder
    LaMoure
    Logan
    McHenry
    McIntosh
    McKenzie
    McLean
    Mercer
    Mountrail
    Nelson
    Oliver
    Pembina
    Pierce
    Ramsey
    Ransom
    Renville
    Richland
    Rolette
    Sargent
    Sheridan
    Sioux
    Slope
    Stark
    Steele
    Stutsman
    Towner
    Traill
    Walsh
    Ward
    Wells
    Williams

INTERACTIVE RURAL TEA MAP