[Q] What are the types of EB-5 projects that can result from a combination or interplay of Regional Center and TEA concepts?
[Q] I know Regional Center and Targeted Employment Area (TEA) concepts are separate and different concepts. What types of EB-5 projects can result from an interplay between these two concepts?
Yes, Regional Center and Targeted Employment Area (or Rural Area) are two different concepts. The following four types can result from an interplay between these two concepts:
1. Regional Center and TEA/RA project -- that is a project in which 10 positions can be created indirectly and also requires only $500,000 USD investment instead of $1 Million USD investment.
2. TEA/RA project that is not a regional center -- that is the project requires only $500,000 USD investment but requires Direct job-creation of 10 new positions.
3. A Regional Center project that is not TEA/RA -- that is $1 Million USD investment is required but the requisite jobs can be created Indirectly.
4. A project that is neither Regional Center nor TEA/RA -- that is $1 Million USD investment is required and the requisite jobs must be created Directly.
Obviously a good project that falls within the Type 1 category is the best from an EB-5 investor's point of view.