North Lamar/Rundberg Targeted Employment Areas (TEAs)

Map showing Austin census tracts 18.02, 18.06, 18.19 and 18.20 as TEAs for the EB-5 investor visa program

EB-5 immigrant investor visa Targeted Employment Areas (TEAs) for north Austin.

The U.S. Citizenship and Immigration Service (USCIS) EB-5 Immigrant Investor Program allows qualified investors to become eligible for green cards for themselves and their dependent family members. To qualify, individuals must invest $1 million in a commercial enterprise that creates 10 jobs. The investment requirement of $1 million is reduced to $500,000 if an investment is made in a Targeted Employment Area (TEA).

For investment projects that are not within one of the designated TEAs, USCIS allows for groups of contiguous census tracts to be designated as TEAs, based on their combined unemployment rate. Contact Natalie Betts to begin the process of receiving this designation for a project in the North Lamar/Rundberg neighborhood center (census tracts 18.04, 18.05, 18.06, 18.20, 18.21, 18.22, 18.23) or the Highland area (N Lamar/Rundberg tracts plus 15.03, 18.12 and 21.05).

More EB-5 information from the City of Austin’s economic development department

Investment in the North Lamar/Rundberg “International District” neighborhood center

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About nlct

The North Lamar/Georgian Acres neighborhood is a diverse and connected mixed-use area bounded by 183, North Lamar, Braker, and I-35. The "North Lamar/Georgian Acres contact team" (NLCT) works to achieve our vision of a safe healthy neighborhood for residents, property owners, and businesses.
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