It is quite obvious you are analyzing the EB-5 rules and policies as they relate to TEA's correctly and effectively. To have a marketable EB-5 project the NCE/JCE has to be in a TEA so the minimum investment requirement is USD $500,000.00. By retaining an experienced EB-5 attorney and law firm such as ours we would make sure the desired geographical area is a TEA and this can be achieved by combining contiguous census tracts. We would proceed by obtaining a written designation by the state of California. We continue to represent some of the largest development companies in the U.S. for EB-5 purposes. The first step will be to introduce you to credible intermediaries who have a successful history of sourcing the foreign national investors. The goal is for you to enter into an agreement with the intermediary to provide your project with the required EB-5 funding then we can assist you in preparing the EB-5 compliant documentation.
We would assist you in corresponding with the appropriate state agency to determine of the area is a rural area or if the census tract can be combined with other contiguous tracts to create a TEA. We would also coordinate with an experienced EB-5 economist.