How to get TEA Designation
- Who is eligible to receive immigration benefits from my EB-5 investment?
- Can I include my family members on my EB-5 visa petition?
- Can adopted children immigrate with me on EB-5?
- Why was the EB-5 Investor Visa Program created?
- What are the EB-5 Investment Requirements?
- Who Can Apply for the EB-5 Investor Program?
- What are EB-5 Eligible Countries?
- What Are the Benefits of the EB-5 Visa Investor Program?
- Is EB-5 a passive investment?
- How many EB5 visas can the US government issue each year?
- Are there any nationality restrictions for EB-5 applicants?
- Can I travel outside the US for extended periods after I get my green card?
- Do I require Tax returns & other financial documentation for EB5 filing?
- When can I apply for US citizenship?
- How long must I remain in the U.S. each year?
- What is a Reentry Permit? (USCIS Guide Download)
- I am a Green Card Holder, Do I need a Re-Entry Permit?
- Re-Entry Permit Process Timeline
- Expedited Processing for Re-Entry Permit
- USCIS requires EB-5 investments to be “at-risk”, so how do your projects have guarantees?
- May two or more investors qualify for immigration based upon a pooled investment in a single business?
- What is the USCIS background check?
- What Can Disqualify an Investor from Participating in the EB-5 Program?
- Can I use a loan for EB-5?
- What documents need to be translated when filing the I-526 petition?
- Can I Use a Gift for EB-5?
- Can I Use 401(k) funds for EB-5 investment?
- I don’t have $800K in cash. What are my options?
- What is the Source of Funds Report?
- 5 Things EB-5 Investors Can Do Preparing for Their Source of Funds Report
How to get TEA Designation
Targeted employment area designation is adjudicated as part of the I-526 application. The EB-5 visa applicant must provide sufficient evidence that their project is located within a rural or high unemployment area by submitting a TEA designation letter to USCIS. There are several forms of evidence that can be used to prove that the EB-5 investment will be administered within a TEA.
Some tips for acquiring sufficient TEA designation evidence include:
- Contacting the U.S. Bureau of Labor Statistic’s Local Area Unemployment Statistics (LAUS) office to obtain published technical bulletins
- Getting a letter from a state government body to provide a rural area or high unemployment area evidence
- Providing other statistical documentation
If the EB-5 investment meets the $1.05 million threshold, there is no need for state involvement in the TEA designation process. If, however, the investment is made at the $800,000 state involvement may be necessary, though it is not essential. TEA designation can be pursued in one of two ways:
- TEA designation through USCIS Designation by USCIS requires the applicant to submit evidence (examples given above) that the location of the new commercial enterprise in which the applicant is investing has an average unemployment rate of 150 percent of the national average.
- TEA designation by the state government The applicant can submit a letter from an authorized state government body stating that the location of the new commercial enterprise has been designated a high unemployment area.