The Definition of a RURAL TEA:
- An area not located within a metropolitan statistical area (MSA) as designated by the Office of Management and Budget;
- Or the outer boundary of any city or town having a population of 20,000 or more based on the most recent census.
What does a rural TEA mean for industry professionals and investors?
The RIA Act of 2022 created a unique set aside for areas designated as RURAL.
A project that is located in a rural TEA qualifies for priority processing of Form I-526 by United States Citizenship and Immigration Services. These investors will qualify for set-aside visas from the rural TEA classification, which makes up 20% of the yearly allocation of EB-5 visas.
LOUISIANA ECONOMY: Louisiana GSP is greater than the GDPs of Greece, Peru, and New Zealand. Ranking 41st in the United States with a per capita personal income of $30,952 in 2014, its residents per capita income decreased to $28,662 in 2019.
RURAL TEA COUNTIES IN LOUISIANA:
- Allen
Assumption
Avoyelles
Beauregard
Bienville
Caldwell
Cameron
Catahoula
Claiborne
Concordia
East Carroll
Evangeline
Franklin
Jackson
Jefferson Davis
La Salle
Lincoln
Madison
Morehouse
Natchitoches
Red River
Richland
Sabine
St. Landry
St. Mary
Tensas
Vernon
Washington
West Carroll
Winn
INTERACTIVE RURAL TEA MAP
