Virgia 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.

VIRGINIA ECONOMY: Virginia's economy has diverse sources of income, including local and federal government, military, farming and high-tech. The state's average earnings per job was $63,281, the 11th-highest nationwide, and the gross domestic product (GDP) was $476.4 billion in 2018, the 13th-largest among U.S. states. 

RURAL TEA COUNTIES IN VIRGIA:

• Accomack
  Alleghany
  Bath
  Bland
  Brunswick
  Buchanan
  Buena Vista City
  Carroll
  Charlotte
  Covington City
  Cumberland
  Danville city
  Dickenson
  Emporia City
  Essex
  Franklin City
  Galax City
  Grayson
  Greensville
  Halifax
  Henry
  Highland
  King and Queen
  King George
  Lancaster
  Lee
  Lexington City
  Louisa
  Lunenburg
  Madison
  Martinsville city
  Mecklenburg
  Middlesex
  Northampton
  Northumberland
  Norton city
  Nottoway
  Orange
  Page
  Patrick
  Pittsylvania
  Prince Edward
  Richmond
  Rockbridge
  Russell
  Shenandoah
  Smyth
  Southampton
  Surry
  Tazewell
  Westmoreland
  Wise
  Wythe

INTERACTIVE RURAL TEA MAP