Targeted Employment Area


Also found in: Acronyms.

Targeted Employment Area

In the United States, a rural area or a place with an unemployment rate more than 150% of the national rate. Immigrants who wish to start businesses in a targeted unemployment area are given preferential treatment for the issue of visas. It is abbreviated as TEA.
References in periodicals archive ?
Many of these credits are based on targeted employment areas.
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.
The minimum investment amounts would be raised to $800,000 for investments in targeted employment areas and $1.
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.
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