Category Archives: TEA

California Announces New Policy for State EB-5 Designations

Effective June 19, 2012, California’s newly-established Governor’s Office of Business and Economic Development (GO-Biz) announced a new policy for certifying a Targeted Employment Area(‘TEA’).  To consolidate all business development programs, GO-Biz has taken over all TEA designations.

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Reactions to NYTimes article on EB-5 Gerrymandering

I had previously discussed the issue of potential EB-5 gerrymandering raised by the New York Times.  Experts are now debating this issue.

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