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Question:

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How do I transfer money out of China? To obtain an EB-5, the investment must be $1 million or more, but there are capital outflow restrictions for sending money out of China. How does a Chinese investor get $1 million out of China and into the United States to make the investment?

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Answers:

June 13, 2014 11:14 Sal Picataggio

First, EB-5 investments can be USD $500,000 if the project is located within a Targeted Employment Area. Either way, many Chinese investors enlist family and friends to transfer portions of the full investment amount to a U.S. account held by the EB-5 investor. There is a proper way to do this, and is best done with the assistance of EB-5 counsel.

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June 13, 2014 11:53 Ed Beshara

An experienced EB-5 attorney will be able to advise you of the Chinese and U.S. legally accepted ways of transferring funds out of China.

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