What is a targeted employment area EB-5?

Targeted Employment Area. A targeted employment area (TEA) is a rural area or an area that has experienced high unemployment. A high unemployment area is an area that has experienced unemployment of at least 150 percent of the national average rate.

What is the criteria for EB-5 employment creation visa?

EB-5 Visa Requirements Summary The investor must show a lawful source and path of investment funds. The investment must be made in a for-profit U.S. commercial entity. The investment must create 10 full-time U.S. jobs within the first two years after conditional residency is granted.

Who can participate in EB-5?

Under this program, investors (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residence) if they: Make the necessary investment in a commercial enterprise in the United States; and. Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.

What is a target employment area ( EB-5 )?

The required EB-5 investment amount is lowered from $1 million to $500,000 dollars if the EB-5 project is conducted in a targeted employment area. In order to be designated as a TEA, the EB-5 project must be located in either a rural area or in a location that has high unemployment.

Are there any changes to Targeted Employment Area?

Recent changes to the U.S. Citizenship and Immigration Services (USCIS) EB-5 program included numerous updates that affected the targeted employment area (TEA) designation process.

How much to invest in Targeted Employment Area?

Getting an EB-5 project a targeted employment area (TEA) designation can be incredibly important for EB-5 investors. The required EB-5 investment amount is lowered from $1 million to $500,000 dollars if the EB-5 project is conducted in a targeted employment area.

Who is eligible for the EB-5 Immigrant Investor Program?

EB-5 Immigrant Investor Program USCIS administers the EB-5 Program. Under this program, investors (and their spouses and unmarried children under 21) are eligible to apply for a Green Card (permanent residence) if they: Make the necessary investment in a commercial enterprise in the United States; and