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:
- Adams
Ashland
Barron
Bayfield
Buffalo
Burnett
Clark
Crawford
Dodge
Door
Dunn
Florence
Forest
Grant
Green Lake
Iron
Jackson
Jefferson
Juneau
Lafayette
Langlade
Lincoln
Manitowoc
Marinette
Marquette
Menominee
Monroe
Oneida
Pepin
Polk
Portage
Price
Richland
Rusk
Sauk
Sawyer
Shawano
Taylor
Trempealeau
Vernon
Vilas
Walworth
Washburn
Waupaca
Waushara
Wood
INTERACTIVE RURAL TEA MAP