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.
WYOMING ECONOMY: The mineral extraction industry and travel and tourism sector are the main drivers of Wyoming’s economy. The federal government owns about 50% of its landmass, while the state controls 6%. The total taxable value of mining production in Wyoming in 2001 was over $6.7 billion. The tourism industry accounts for over $2 billion in revenue.
RURAL TEA COUNTIES IN WYOMING:
- Albany
Big Horn
Campbell
Carbon
Converse
Crook
Fremont
Goshen
Hot Springs
Johnson
Lincoln
Niobrara
Park
Platte
Sheridan
Sublette
Sweetwater
Teton
Uinta
INTERACTIVE RURAL TEA MAP
