Enterline and Partners Speaks at Nha Trang Seminar for Grenada and E-2 Treaty Investor Visa

In the EB-5 Reform and Integrity Act of 2022 (“RIA”), three important terms are Infrastructure Project, Rural Area, and Targeted Employment Area (“TEA”). Here’s a clear explanation of each: Infrastructure Project An infrastructure project refers to a capital investment project administered by a governmental entity, such as a federal, state, or local agency. It typically involves a job-creating entity that works with a new commercial enterprise to receive capital investments from EB-5 investors. These projects are characteristically for improving public infrastructure with the added benefit of creating jobs and helping to stimulate local economic growth. Rural Area According to EB-5 regulation, areas that are within the geographic boundaries of a metropolitan statistical area are not eligible for the rural area designation, ensuring that the rural area classification is applied to regions that outside metropolitan zones and truly rural. A Rural Area excludes areas within the boundaries of cities or towns