Legality regarding funds transfer from India

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aspadda3223

New Member
I am working on studying EB5 formalities. I am already talking to attorneys to finalise hire for US Legal representation. Also, I am working with regional centers to finalise one. I have not got luck on concrete information regarding transfer of funds front. Below are my details. Any suggestions on that end will be greatly appreciated :

I am an Indian resident.
Planning to arrange funds from my savings + selling property in India (already have potentail buyer).
I am getting mixed information that RBI does not allow more that $100,000 transfer out of the country.
Can you point me to link, expert advise, CA, Attorney where I can get information regarding managing funds and transfer to US.
or any experience that someone may have gone through will be greatly appreciated.
 
Thanks for your reply Bigjoe. I m exactly looking for the same pointers to get info to make this happen.

Can someone point me to link, expert advise, CA, Attorney where I can get information regarding managing funds and how to legally and efficiently transfer funds to US.
or any experience that someone may have gone through will be greatly appreciated.
 
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I read in Seventeen's June 2005 (last year) issue [covergirl: Hilary Duff] in a summer job section that if you want to be a jewlery maker and make bracelets, necklaces, etc., you can sell them in local salons and boutiques. My only question is that do I just go inside a local boutique or salon and ask an employee, manager, or owner,
 
RBI allows Indians to invest in foreign businesses. See how Tata bought Jaguar Land Rover? I can help you in each step of the process and guide you in the legal procedure to transfer money into an American business as investment.

I'm a Licensed Real Estate and Business Broker and can help investors invest in new or existing businesses to qualify for the EB-5. I've already helped 29 clients successfully obtain the investor immigrant visas so far, and can supply references if needed. My name is Mohammed Shaikh and my mobile number is +1 407 535 0616. My broker license can be verified with the CA Department of Real Estate and my license number is 01406774

I've been a RE broker for 8 years and have not had any complaints simply because I'm discreet and competent and avoid breaking the law to begin with. By law, a broker is required to hold client accounts separately in an escrow account, so there is no chance a broker will ever attempt to misappropriate your money as the penalty is mandatory prison sentence of 2-5 years.

As long as you do not have a criminal record and have at least a bachelors degree and are fluent in English, I can guarantee that you will get an investor visa, as I work with immigration attorneys who are experienced in investment based immigration. Investment is USD 1 million or above (USD 500,000 for rural and high unemployment areas), but the advantage to that is you are able to get bank loans for about the same amount as your investment and double the amount of capital you can deploy in your business. Your average extra costs amount to about $56,000 for licensing, attorney fees, permits, USCIS fees, etc. Approval time is 8-14 months, with an average of 10 months.

Interested? Call me and let me help you.

Mohammed Shaikh, MBA, Certified Fraud Examiner, Licensed Real Estate Broker
 
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