Rural TEA West Virginia Target Employment Area Eb5 - EB5Investors.com
Rural TEA

West Virginia 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.

 

WEST VIRGINIA ECONOMY: The state has a projected nominal GSP of $63.34 billion in 2009 according to the Bureau of Economic Analysis report of November 2010, and a real GSP of $55.04 billion. The real GDP growth of the state in 2009 of .7% was the 7th best in the country. West Virginia was one of only ten states in 2009 that grew economically.

RURAL TEA COUNTIES IN WEST VIRGINIA:

  • Barbour
    Braxton
    Calhoun
    Doddridge
    Gilmer
    Grant
    Greenbrier
    Hardy
    Harrison
    Jackson
    Lewis
    Logan
    Marion
    Mason
    McDowell
    Mercer
    Mingo
    Monroe
    Morgan
    Nicholas
    Pendleton
    Pleasants
    Pocahontas
    Randolph
    Ritchie
    Roane
    Summers
    Taylor
    Tucker
    Tyler
    Upshur
    Webster
    Wetzel
    Wyoming

INTERACTIVE RURAL TEA MAP