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What is a TEA-high unemployment area?

What is a TEA-high unemployment area?

An EB-5 project location must experience an unemployment rate of at least 150 percent of the U.S. national average to receive TEA designation due to high unemployment. High unemployment areas must also be in a county or metropolitan statistical location that has a population of 20,000 residents or more. An EB-5 project can receive TEA designation if the principal location of the project is located in a high unemployment area at the time the EB-5 investment is made.