Rural Definition of EB-5 Investments

Under the EB-5 Reform and Integrity Act of 2022 (RIA), the definition of "rural" for EB-5 purposes includes any area outside of a metropolitan statistical area (MSA) and is outside the boundary of a city or town with a population of 20,000 or more. The RIA introduced a set-aside of up to 3,000 visas per fiscal year for investors who make their investment into a rural project. Rural projects also qualify for the lower investment amount of $800,000.