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HOW DO I GET MY MONEY OUT OF MAINLAND CHINA?

May 2, 2016

Many Chinese investors are interested in the EB-5 visa program.

 

Under China’s current currency laws, a Chinese citizen is allowed to make only a single outgoing transfer of $50,000 USD per person annually. This restriction of outgoing transfers abroad makes it difficult for investors to legally transfer funds for their EB-5 investments in the United States.  According to the EB-5 visa program, investors are required to invest $500,000 to $1 million USD to a business or regional center in the United States.

Lately, Chinese investors are experiencing practical...

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Issues that an investor should consider when deciding to invest through direct investment or through a Regional Center

April 3, 2016

Regional Centers are institutions that allow immigrant-investors to invest through a fund that is used to sponsor an EB-5 project. In contrast, a direct investment requires the immigrant-investor to directly invest in his or her own business In both cases, it is the immigrant-investor’s responsibility to ensure that investment is put towards a sound business or project.

Deciding between those two types of EB-5 investments can be confusing. The following questions and answers provide the immigrant-investor with initial guidance:

Does the immigrant-investor want to be...

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The First Evidentiary Standard: Proof of Lawful Source of Funds

March 1, 2016

The pivotal aspect of the EB5 application process is for the investor to demonstrate the lawful source of funds.  The EB5 program requires the investor to prove that the funds invested in the project have been earned lawfully. This requirement is satisfied when sufficiently detailed documents are provided. The evidence must clearly and credibly show how the invested funds were earned and demonstrate the funds chain of title. There are no general rules or guidelines that apply. There are many ways to demonstrate compliance with the source of funds.

 

Each country has different...

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