Targeted Employment Areas for EB-5 Investors
Targeted employment areas are regions of the United States in which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000, as opposed to the usual $1 million. There are two kinds of TEAs: high unemployment areas and rural areas. These areas are defined as non-metropolitan areas, or locations with a very high unemployment. If you are a foreign investor, you may be wondering how you can qualify for EB-5 classification as it is certainly a benefit you will want to take advantage of.
Here are a few key ways to obtain approval for TEA designation:
- Contacting the U.S. Bureau of Labor Statistic’s Local Area Unemployment Statistics office, and planning to obtain published technical bulletins
- Getting a letter from state government to provide rural or high unemployment area evidence
- Providing other statistical documentation
Contact an Immigration Lawyer
As a foreign investor, there are many reasons you may want to invest in the United States, and we at Mathur Law Offices believe in making the process as seamless as possible for you. Led by Mr. Sanjay Mathur, we are a team of immigration lawyers who have the experience and extensive knowledge you need in order to get the answers you’ve been searching for.
Our legal team will streamline your investments and help you qualify for EB-5 and other various programs--don't spend your money when you shouldn’t have to, let our immigration lawyers guide you through this process with ease!
Speak to a representative of our firm today by calling (888) 867-5191.