What is EB-5?  What are Targeted Employment Areas?

EB-5 Visa program was created by Congress in 1990 and later piloted in 1992 as a job creation and a capital investment mechanism for foreign investors to obtain a visa.

Designed to spur U.S. economic growth, the EB-5 program is regularly reauthorized to create new commercial enterprises (or help a trouble business which has been in existence for at least two years) in the form of sole proprietorships, partnerships, holding companies, joint ventures, corporations, business trust or other publicly or privately owned entity. You can learn more about EB-5 and related job creation requirements from the USCIS  .

What are Targeted Employment Areas? (TEA)

ReinID offers you a simple-to-use online mapping platform to research EB-5 opportunities. For purposes of the EB-5 program, a foreign investor may generally invest anywhere in the United States; however, foreign investors prefer to invest in targeted employment area (TEA), because the required investment is less. A TEA is an area which includes a census tract, city, county, MSA, or state, which has an unemployment of at least 150% of the national average rate. at the time of investment. Once a Targeted Employment Area is determined, a regional center or state agency may be contacted to determine the process and requirements for obtaining a designation letter.

More specifically, EB-5 has two different investment thresholds depending on the location – either a $1 million investment in a non-Targeted Employment Area located within the United States of $1 million, or $500,000 in a Targeted Employment Area (high unemployment or rural area) located within the United States. As defined by the USCIS, these areas are defined as:

  • A targeted employment area is an area that, at the time of investment, is a rural area or an area experiencing unemployment of at least 150 percent of the national average rate. Quite often an investment location may not be located in a targeted employment area; however, a targeted employment area may be constructed by geographically connecting the project's census tract to qualifying census tracts -- also commonly known as EB-5 gerrymandering. The ReinID incentives map is the first mapping system on the web with TEA tract averaging (a.k.a "gerrymandering") feature. Feel free to take a look at this Targeted Employment Area example.
  • A rural area is any area outside a metropolitan statistical area (as designated by the Office of Management and Budget) or outside the boundary of any city or town having a population of 20,000 or more according to the decennial census.

Explore EB-5 on Map Contact Us

We Offer EB-5 Reports for Targeted Employment Areas

Reports for EB-5 and Targeted Employment Areas can make all the difference when compiling the information you need. The EB-5 reports we offer not only contain Local Area Unemployment Statistics for counties and census tracts, but also Labor Force, Employed, Unemployed, Unemployment Rate data from the Bureau of Labor Statistics .

Recapture the hours you may have already spent trying to determine if census tracts are connected. When more than census tract is defined on a report, our systems verify that the tracts are connected by boundaries.

Each census tract listed in the report provides a back link to the tract on the map for a fluid user experience.

Sample E-5 Report See just one tract in this report

Three Easy Steps for Finding Targeted Employment Areas : "Easy TEA"

Step 1: Enter a County Name or County FIPS

Begin by entering the county name (or equivalent name) for five-digit FIPS in the text box below and a dropdown list of county selections will appear. Simply select the desired county.

Example: Orange County or 12095

Step 2: Select or Type One or More {{SelectedCounty.c}} Tracts

From the tract list below, please select the tract where your project is located. If you do not know this tract number, you may find the tract by using the map .

Enter a tract number or select one or more tracts from {{SelectedCounty.c}}, {{SelectedCounty.s}}.

Step 3: See the report or See the tracts on the map

See the report and see the tracts on the map will show your project's census tract, {{SelectedTracts[0].TractName}} (in {{SelectedCounty.c}} {{SelectedCounty.s}}), and any additional tracts you selected. Also note that tract numbers (FIPS), as defined by the Census Bureau, are actually eleven (11) digits long and do not have a decimal pont. For example, your project tract FIPS is {{SelectedTracts[0].Fips}} and may be viewed on the map by itself.

The additional tracts you've selected will also be a part of the report.

See the report See the tracts on the map

Address, landmark, county name, or full cenus tract 11-digit FIPS

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ReinID is committed to real estate incentives tied to geographic areas and specific locations. Not only do we have maps and reports, we also make our data available to you for your business and your client's needs.

Please contact us for any of your incentive needs.

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