Targeted Employment Area designation is made by the particular state in which you are looking to place your project. Sometimes, states will designate entire counties as TEAs on an annual basis. Other times, you can request a designation for the actual address and a combination of contiguous census tracts. Retaining an experienced EB5 attorney (like those at our law firm) can help you arrange for this designation and coordinate with EB5 economists to assist you.
It is essential to have an experienced EB-5 team of professionals to prepare an EB-5 compliant and marketable project. However, in my opinion it is also essential to first and immediately obtain the required EB-5 investment funding for the project before you spend the cost of having all the professionals prepare the EB-5 required documentation. Our Law Firm is in a position to immediately help you with the EB-5 process.