Thursday, January 30, 2014

Targeted Employment Areas changes

Targeted Employment Areas (TEAs) as defined by the U.S. Citizenship and Immigration Services’ (USCIS) EB-5 Investor Visa Program are defined as: 1. A rural area or 2. A non-rural area that has experienced high unemployment (150 percent of the national average unemployment rate during a comparable 12-month period), or a city in a rural area with a population of 20,000 or more that has experienced high unemployment.

In Utah, two changes occurred. First, Box Elder County was moved into the Ogden-Clearfield MSA.

A second Utah change under the new MSA designations is that Summit County was removed from the Salt Lake City MSA and was given its own micropolitan designation called Summit Park.

Read further information about these two changes, and more.