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Hello! I am hoping to obtain a green card through the direct investment route in a Targeted Unemployment Area. Planning to use a single commercial entity to invest in multiple small franchised businesses. Is that allowed? Further, can I use 2 to 3 different TEA's or only a single TEA? What if my investments location's TEA designation is removed after initial approval from USCIS? Thank you for your help!

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July 19, 2013 10:35 Ed Beshara

In a direct EB-5, the business activity can be located in a TEA. For each franchise business activity there may be a different TEA.The TEA has to exist before the I-526 petition is filed. After the I-526 petition is filed for one investor, the TEA has to exist before subsequent investors file their I-526 petitions if the investor wants to take advantage of the $500,000.00 investment requirement.

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