EB-5 Debate Tackles the TEA Designation – Part II
Fragomen's Chad Ellsworth contemplates that proposed Fragomen Worldwide's Chad Ellsworth contemplates that the proposed legislation would limit the TEA definition to EB-5 projects which qualify under Priority Urban Investment Areas or Special Investment Zones.
This is part 2 in a two part series. Click here to read part 1.
If the December 12, 2015 draft, titled the American Job Creation and Investment Promotion Reform Act of 2015, is used as baseline for this year’s proposed legislation, the TEA definition would be limited to EB-5 projects which qualify under one of the following standards. Read more.