In announcing the new TEA rules in late 2019, USCIS did not provide one specific set of data that petitioners can use to demonstrate TEA eligibility. USCIS does state that unemployment data provided by the U.S. Census Bureau’s American Community … Read More
EB-5
FAQ: Coronavirus and EB-5 TEAs
As unemployment claims rise and uncertainty about the near-term and long-term impacts abound, we are getting a lot of questions about how the novel coronavirus (COVID-19) will impact high unemployment EB-5 TEAs (COVID-19 will not have any significant impact on … Read More
New TEA Rules – Frequently Asked Questions (FAQ)
Under the new TEA rules[1] (as of November 21, 2019) USCIS is no longer accepting TEA certifications from the individual states, and is instead requiring that I-526 petitions contain separate evidence that a Project qualifies as a TEA and will … Read More
TEA Designations – Final Rule Leaves Many Questions and Risks
The following article is reproduced in its entirety from the article published in IIUSA’s Regional Center Business Journal (October 2019, Pages 38-40) issuu.com/iiusa/docs/iiusa-rcbj_october2019_final_web The final rule for The EB-5 Immigrant Investor Program Modernization regulation was published by Department of Homeland … Read More
EB-5 Regulations – Digging a bit into the TEA Details
Unless something stops them, the new EB-5 regulations will go into effect on November 21, 2019. By now, you have probably heard the main takeaways related to the TEA-related changes Census tract combination for high-unemployment TEAs would be limited to … Read More
EB-5 Sneak Peek Map for 2019
TEA SNEAK PEEK for Census Tract Unemployment Rate: What you want to know for EB-5 Project TEA Certification – looking ahead For the third year in a row, we are providing the EB-5 TEA Sneak Peek Map to help our … Read More
Annual TEA Webinar: What You Need to Know in 2018
New unemployment data from the Bureau of Labor Statistics means new Targeted Employment Area (TEA) calculations for state agencies. What does all this mean for EB-5 projects seeking TEA designations in 2018? We held a webinar to discuss what these … Read More
EB-5 TEA Map Release for 2018 – with Webinar
With the release of the finalized unemployment data from calendar year 2017, we have updated our Annual EB-5 Targeted Employment Area Map to reflect the most up-to-date unemployment data for census tracts. Impact DataSource Free Annual EB-5 TEA Map, April … Read More
BEA RIMS II Multipliers Updated
On March 29 last week, the Bureau of Economic Analysis (“BEA”) announced that new multipliers for the Regional Input-Output Modeling System (“RIMS II”) had been released. The new multipliers have been updated to reflect 2016 regional data; they replace the … Read More
Map of Targeted Areas under March 2018 Proposed EB-5 Reform Legislation
Areas formerly known as TEAs? A draft of proposed reform and reauthorization of the EB-5 Immigrant Investment program began to circulate Friday, March 9th. Among many revisions to the existing program, the draft included new definitions of areas that to … Read More