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.
WISCONSIN ECONOMY: In 2019 Wisconsin’s gross state product was $349.416 billion, making it 21st among U.S. states. The economy of Wisconsin is driven by manufacturing, agriculture, and health care. The state’s economic output from manufacturing was $48.9 billion in 2008, making it the tenth largest among states in manufacturing gross domestic product.
RURAL TEA COUNTIES IN WISCONSIN:
INTERACTIVE RURAL TEA MAP