Practically every day our team receives calls from Chinese buyers looking to buy a house in the US but their main concern is getting the money out of China.
We are not alone - law firms receive the same inquries, although the calls often originate from concerned Seller who need to help their Chinese buyers getting the money out of China in order to close on the deal.
Getting money out of China legally usually depends on the following factors:
- Nature of the transaction
- Parties on both sides of the transaction
- Relationship and history between the parties.
- Location of the parties.
- Nationalities of the parties
Read the full details here on China Law Blog.