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Preeti Sinha

What areas in New York qualify for the $500,000 EB-5 investment?

What areas in New York qualify for the minimum $500,000 investment? If TEAs are rural areas or areas of high unemployment, is there any chance of one being in Manhattan? How would a TEA in Manhattan get approved?

Answers

Raymond Lahoud
August 21, 2016 01:37 PM  Raymond Lahoud

It all depends on the unemployment rate. As of today, Manhattan's unemployment rate falls under the required high unemployment rate necessary to designate the area a "TEA." Also, it is not a rural area.

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