The Washington State Employment Security Department is currently the designated authority for certifying targeted employment areas (TEAs) within the state that qualify as high unemployment areas (HUAs) under the EB-5 Immigrant Investor Visa Program.
What is the purpose of EB-5 targeted employment areas?
The targeted employment area designation encourages foreign investments and economic growth by reducing the requirements for obtaining an EB-5 immigrant-investor visa. The minimum qualifying investment for investors within a TEA area is $500,000. In general, the minimum qualifying investment is $1 million. The investor must demonstrate that his or her investment will benefit the economy and create a required number of full-time jobs for qualified people in the United States. Note, this program was extended by the U.S. Congress through April, 2017. The current requirements may be changed after that in 2017.
What is our role?
We review application requests to certify areas of high unemployment under the EB-5 Immigrant Investor program, administered by the United States Citizenship and Immigration Services (USCIS). An area of high unemployment (HUA) is defined as an area that is part of a Metropolitan Statistical Area (MSA) that has experienced at least 150 percent unemployment when compared with the national average rate. We may then send a letter certifying that the geographic area requested has been designated a targeted employment area with a high unemployment rate.
How do I apply for a TEA designation?
- Download the request instructions, request form and 2016 TEA data files shown at the bottom of this page.
- Determine if your project is in a pre-designated TEA location by following the instructions.
- For areas not pre-designated, follow the request instructions and submit for review.
Each request will be reviewed on a case-by-case basis for conformity with the intent of the USCIS policies and your area characteristics. Please complete all fields on the request form and allow one week for a response.
How often is the data updated?
Annually. The 2016 data tables were published May 2, 2016. They will be updated in May 2017, depending on Congressional action. For those seeking a renewal of a current designation letter please fill out a 2016 request form.
Where can I learn more about the EB-5 Immigrant Investor Visa Program?
See the U.S. Department of Homeland Security’s U.S. Citizenship and Immigration Services Office for more information about becoming an EB-5 immigrant investor.
Where can I learn more about targeted employment areas?
For more information on TEA certification, call the Employment Security Department TEA representative at 360-407-4608 or email Robert Haglund.
The U.S. Congress will be reviewing the EB-5 program and pending legislation may alter the procedures and requirements described on this website.