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We have 237 other definitions for TEA
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Samples in periodicals archive:
The US Citizenship and Immigration Service sets aside 10,000 visas for immigrants investing $500,000 or more in Targeted Employment Areas (TEA) to create new jobs in American businesses and enhance the economy.
Though a nuanced process, generally the EB-5 Program requires a capital investment of $1 million in a new commercial enterprise, $500,000 if the business is in a Targeted Employment Area.
Under the US EB-5 program, qualified foreign investors may obtain a provisional green card to relocate to the United States by investing $500,000 in Targeted Employment Areas into a project that creates at least 10 jobs (direct, indirect or induced) per investor.
In addition, Form W-4 or Form I-9 will no longer be accepted as proof of residency of an employee within a Targeted Employment Area (TEA).
Determining targeted employment area (TEA) designation
ALTe qualifies for TEA, a Targeted Employment Area, and the project is pre-approved by USCIS.
A foreign investor invests either $500,000 (for Targeted Employment Areas such as Cleveland) or $1 million (for other areas nationally) into a project.
If the targeted employment areas are approved, businesses will still be eligible for those credits for workers hired through JPTA or GAIN who do not reside in the targeted areas.