Rhode Island 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.

 

RHODE ISLAND ECONOMY: Rhode Island's 2000 total gross state production was $46.18 billion , placing it 45th in the nation. Its 2000 per capita personal income was $41,484 (adjusted to inflation), 16th in the nation. Rhode Island has the lowest level of energy consumption per capita of any state.

RURAL TEA COUNTIES IN RHODE ISLAND:

• Burrillville
  Charlestown
  East Greenwich
  Exeter
  Foster
  Glocester
  Hopkinton
  Jamestown
  Little Compton
  New Shoreham
  North Smithfield
  Portsmouth
  Richmond
  Scituate
  Smithfield
  Tiverton
  West Greenwich
  Westerly

INTERACTIVE RURAL TEA MAP