American targeted employment area overview

A targeted employment area refers to the remote areas or in areas of high unemployment. According to theEB-5Investment immigration visa program regulations, if investors the investment to the regional center or "targeted employment area", the minimum investment amount can be reduced to50Million dollars. At present, most of the regional center project is located in a targeted employment area.

  • "Remote areas"Standard

      Immigration will "remote areas" is defined as "non in any standard statistical sense of the large city region and not located in any according to the latest census of more than20000In the town of." Big city area of statistical significance including the core urban area or population5The town more than 10000 people and its surrounding area. The majority of the population in American large area within the city.

      To determine whether aEB-5The project is located in the large city region or over20000In the town, the most convenient way than to America Census Bureau official website search. However, due to the changing population, some of the original is "remote areas" of the area will no longer meet the original definition, located in these regions inEB-5The new enterprise under the project may also lose the qualification, can't use50The minimum investment million dollars.

  • "Unemployment" standard

      If the enterprise is not in a "remote areas", as long as the region where it can meet the "unemployment" standard, still can enjoy50Million investment preferential. Code of federal regulations, even if the investment companies in the region of large city, if the region's unemployment rate is the national average1.5Times, just meet "targeted employment area" high unemployment standard. For example, if the 2008 national average unemployment rate is 5.8%, then EB-5 investors need to demonstrate their investment enterprises located in the unemployment rate of at least 8.7% of the area, can achieve a targeted employment area standards.

      The investors shall submit proof of local unemployment rate, or submit the letter of the government. But immigration is acceptable according to the fuzzy standard of their own, this is an unavoidable dilemma for investors. The opinion points out, immigration should establish clear standards, in order to facilitate the practical operation.

 

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