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EB-5 Program - Targeted Employment Areas

EB-5 Immigrant Investor Program

U.S. Citizenship and Immigration Services (USCIS) administers the Immigrant Investor Program, also known as "EB-5," which was created by Congress in an effort to stimulate the U.S. economy through job creation and capital investment by foreign investors. All EB-5 investors must invest in a commercial enterprise, which creates or preserves at least 10 full-time jobs for qualifying U.S. workers within two years of the immigrant investor’s admission to the United States as a Conditional Permanent Resident.

The immigrant’s capital investment can be in the form of cash, equipment, inventory, other tangible property, cash equivalents and indebtedness secured by assets owned by the investor. In general, the minimum qualifying investment in the United States is $1 million. However, the minimum qualifying investment within a high-unemployment area or a rural area is $500,000. These are referred to as Targeted Employment Areas (TEA).

A Targeted Employment Area qualified based on the classification as a rural area is any area outside a metropolitan statistical area (as designated by the Office of Management and Budget) or outside the boundary of any city or town having a population of 20,000 or more according to the most recent decennial census. New Hampshire Employment Security (NHES) is not authorized to designate a TEA on the basis of being a rural area. It is the responsibility of the investor applicant to provide USCIS with appropriate information related to population and metropolitan statistical area designations, however NHES may assist the applicant with the collection of these data.

A Targeted Employment Area designated on the basis of high unemployment is a geographic area that, at the time of investment, is experiencing unemployment of at least 150 percent of the national average rate. NHES has been authorized to designate TEAs on the basis of high unemployment. The Economic and Labor Market Information Bureau (ELMI) of NHES typically performs the necessary research by request, based on a location provided by the potential investor. High unemployment research is not conducted on areas classified as rural for TEA purposes.

A review of annual national and local area unemployment statistics for 2017 has determined that an average unemployment rate of 6.6 percent or greater is required to qualify a geographic area as a Targeted Employment Area on the basis of high unemployment. Although no city or town in New Hampshire attains this standard in its entirety, a total of four (4) Census tracts representing portions of cities meet or exceed the 6.6 percent threshold. These determinations are subject to change as more recent data become available, and should be verified at the time of application and investment.

Potential Targeted Employment Areas in New Hampshire Microsoft Excel Symbol

Please contact the NHES Economic and Labor Market Information Bureau with any questions by telephone at (603) 228-4126, or by email at ELMI@nhes.nh.gov.

Additional information about the EB-5 program can be found on the U.S. Citizenship and Immigration Services (USCIS) website at www.uscis.gov.

 

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New Hampshire Employment Security (NHES)
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