EB-5 MARKET IN SOUTH DAKOTA
South Dakota is currently not known for EB-5 investments. The state used to be more active but after a few scandals, South Dakota does not have any approved regional centers listed by USCISas of May 2020.
STATE ECONOMY
South Dakota, known as The Mount Rushmore State, is the seventh-largest by area and fifth smallest by population state in the U.S. The main industries are retail, finance, health care, agriculture and tourism. South Dakota is very tax-friendly with no personal or corporate income tax.
POPULATION OF SOUTH DAKOTA
The U.S. Census Bureau data shows the population in South Dakota at 884,659. About 85% of the state’s residents identify as white, 4.1% Hispanic or Latino, 2.4% Black or African American and 1.7% Asian. English is spoken most widely although a small percentage of the population speaks Spanish and German.
IMMIGRATION SITUATION
South Dakota’s immigration community is small. American Immigration Council estimated that 3.2% of residents were immigrants, and more than 3% of self-employed business owners were immigrants who generated $3.2 million in total annual revenue. The majority of immigrants come from Mexico, Nepal, Ethiopia, Croatia and Guatemala.
RURAL TEA COUNTIES IN SOUTH DAKOTA:
- Aurora County, SD
Beadle County, SD
Bennett County, SD
Bon Homme County, SD
Brookings County, SD except for Brookings city
Brown County, SD except for Aberdeen city
Brule County, SD
Buffalo County, SD
Butte County, SD
Campbell County, SD
Charles Mix County, SD
Charles Mix County, SD
Clark County, SD
Clay County, SD
Codington County, SD except for Watertown city
Corson County, SD
Custer County, SD
Davison County, SD
Day County, SD
Deuel County, SD
Dewey County, SD
Douglas County, SD
Edmunds County, SD
Fall River County, SD
Faulk County, SD
Grant County, SD
Gregory County, SD
Haakon County, SD
Hamlin County, SD
Hand County, SD
Hanson County, SD
Harding County, SD
Hughes County, SD
Hutchinson County, SD
Hyde County, SD
Jackson County, SD
Jerauld County, SD
Jones County, SD
Kingsbury County, SD
Lake County, SD
Lawrence County, SD
Lyman County, SD
McPherson County, SD
Marshall County, SD
Mellette County, SD
Miner County, SD
Moody County, SD
Oglala Lakota County, SD
Perkins County, SD
Potter County, SD
Roberts County, SD
Sanborn County, SD
Spink County, SD
Stanley County, SD
Sully County, SD
Todd County, SD
Tripp County, SD
Walworth County, SD
Yankton County, SD
Ziebach County, SD
INTERACTIVE RURAL TEA MAP
APPROVED EB-5 REGIONAL CENTERS IN NORTH CAROLINA
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South Dakota International Business Institute
ID 10319101401200 South Jay Street Aberdeen
SOUTH DAKOTA, 57401
