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.
OREGON ECONOMY: Oregon’s gross domestic product grew from $131.9 billion in 2006 to $147.5 billion in 2010, a jump of 10.6 percent. Oregon’s gross domestic product per capita was $35,480 in 2010, which was ranked 40th among the states. Oregon is host to a diverse range of sectors including aviation, energy, transportation equipment, food processing, electronics, and telecommunications. Oregon is an important producer of natural gas, aircraft, and food.
RURAL TEA COUNTIES IN OREGON:
- Baker
Clatsop
Coos
Crook
Curry
Douglas
Gilliam
Grant
Harney
Hood River
Jefferson
Klamath
Lake
Lincoln
Malheur
Morrow
Sherman
Tillamook
Umatilla
Union
Wallowa
Wasco
Wheeler
INTERACTIVE RURAL TEA MAP
