F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Transferring $500k from China to U.S.
proTUNING Freaks
Post Reply
 
Thread Tools Search this Thread
      08-20-2014, 11:35 PM   #1
adobeee
Captain
adobeee's Avatar
United_States
170
Rep
821
Posts

Drives: '23 X6 M50i
Join Date: Jul 2011
Location: Los Angeles

iTrader: (0)

Red face Transferring $500k from China to U.S.

Hi all,

I have a friend who is looking to transfer $500k from China to the U.S. in order to invest in an EB-5 investment program. China only allows him to transfer $20k USD per day and this would take over a month.

What would be the fastest way to transfer $500k from China to U.S.?
Appreciate 0
      08-20-2014, 11:38 PM   #2
Nkc
NOOB
Nkc's Avatar
Canada
1601
Rep
1,356
Posts

Drives: Cars
Join Date: Oct 2011
Location: @BMWclassicdivision

iTrader: (0)

Get a friend who has an account in the US. Your friend can transfer him the funds to his China account. The rest I'm pretty sure you are smart enough to figure out.
Appreciate 0
      08-21-2014, 01:26 AM   #3
NemesisX
Captain
317
Rep
905
Posts

Drives: '19 Infiniti Q60S
Join Date: Jul 2009
Location: TX

iTrader: (0)

His options are limited if he's only willing to put in $500k, but I'm sure he knows that already. There's a lot more flexibility when you increase the stake to $1M -

Quote:
Note: Investment capital cannot be borrowed.

Required minimum investments are:

General. The minimum qualifying investment in the United States is $1 million.
Targeted Employment Area (High Unemployment or Rural Area). The minimum qualifying investment either within a high-unemployment area or rural area in the United States is $500,000.
A targeted employment area is an area that, at the time of investment, is a rural area or an area experiencing unemployment of at least 150 percent of the national average rate.

A rural area is any area outside a metropolitan statistical area (as designated by the Office of Management and Budget) or outside the boundary of any city or town having a population of 20,000 or more according to the decennial census.
Appreciate 0
      08-22-2014, 01:09 PM   #4
UncleWede
Long Time Admirer, First Time Owner
UncleWede's Avatar
United_States
17880
Rep
9,376
Posts

Drives: G01 X3 M40i Dark Graphite
Join Date: Jun 2005
Location: Oxnard, CA

iTrader: (0)

If I send you my social, account numbers, and all my passwords he can probably just deposit the money, if he offers to leave me a bit as a payment for services rendered???
Appreciate 0
      08-22-2014, 01:48 PM   #5
m3ray
Banned
No_Country
101
Rep
701
Posts

Drives: '09 e92 M3
Join Date: Jun 2014
Location: New York City

iTrader: (0)

Hot air balloon
Appreciate 0
      08-22-2014, 02:17 PM   #6
KingOfJericho
Major General
KingOfJericho's Avatar
United_States
2452
Rep
7,341
Posts

Drives: Yes
Join Date: Aug 2007
Location: CT

iTrader: (1)

Garage List
2010 135i Coupe  [5.26]
buy $500k worth of diamonds then mule them in his keister.
__________________
The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of Bimmerpost.

2018 Jeep Grand Cherokee High Altitude Hemi | 2010 S4 Sold | 2010 BMW 135i Retired | 2006 Lotus Exige Sold
Appreciate 0
      08-22-2014, 02:45 PM   #7
Whostheboss
Captain
Whostheboss's Avatar
410
Rep
841
Posts

Drives: a 9incher
Join Date: Aug 2008
Location: No. Virginia U.S.A.

iTrader: (0)

Nigerian scam? j/k
__________________
WHO'S THE BOSS
Appreciate 0
      08-22-2014, 07:06 PM   #8
gatorfast
Major General
gatorfast's Avatar
United_States
4969
Rep
6,854
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

You would think someone with $500k to invest would have access to a lawyer or other agent who can handle something like this. But of course its always a good idea to ask strangers on a BMW forum.
Appreciate 0
      08-22-2014, 07:18 PM   #9
m3ray
Banned
No_Country
101
Rep
701
Posts

Drives: '09 e92 M3
Join Date: Jun 2014
Location: New York City

iTrader: (0)

Quote:
Originally Posted by gatorfast View Post
You would think someone with $500k to invest would have access to a lawyer or other agent who can handle something like this. But of course its always a good idea to ask strangers on a BMW forum.


Sound financial advice, E.F. Hutton would approve.
Appreciate 0
      08-22-2014, 07:19 PM   #10
P1
Lieutenant General
P1's Avatar
11542
Rep
11,128
Posts

Drives: 2004 3/4 ton Duramax
Join Date: Aug 2007
Location: United States

iTrader: (1)

Quote:
Originally Posted by gatorfast View Post
You would think someone with $500k to invest would have access to a lawyer or other agent who can handle something like this. But of course its always a good idea to ask strangers on a BMW forum.
Haha, spot on mate. Problem is that $500K is a small amount when investing in the US, so perhaps he doesn't?
Appreciate 0
      08-22-2014, 07:32 PM   #11
BEM-S4
Major General
BEM-S4's Avatar
United_States
4515
Rep
8,942
Posts

Drives: Dinan M235, Dinan Sport Wagon
Join Date: Oct 2012
Location: Philadelphia

iTrader: (5)

Quote:
Originally Posted by P1et
Quote:
Originally Posted by gatorfast View Post
You would think someone with $500k to invest would have access to a lawyer or other agent who can handle something like this. But of course its always a good idea to ask strangers on a BMW forum.
Haha, spot on mate. Problem is that $500K is a small amount when investing in the US, so perhaps he doesn't?
Jesus, some people scare me. BMW forums are obviously the place to ask such questions
__________________
2022 Macan S
2016 F31 328i xDrive Sport Wagon
2006 E46 330ci ZHP Convertible
Appreciate 0
      08-24-2014, 02:23 PM   #12
Taskmaster
Banned
Japan
2463
Rep
9,004
Posts

Drives: M235i 6MT / E92 328 Msport 6MT
Join Date: Nov 2013
Location: Florida

iTrader: (6)

Buy cocaine
Put cocaine in condoms
Put condoms inside your women
Come across the US and sell the cocaine
???
Profit.
Appreciate 0
      08-24-2014, 08:10 PM   #13
mccannable
First Lieutenant
188
Rep
347
Posts

Drives: 2014 X1
Join Date: Jan 2012
Location: central fl

iTrader: (2)

It's insane the difference in the type of questions on this bmw off topic forum vs the other bmw off topic forum I frequent.
Appreciate 0
      08-24-2014, 08:30 PM   #14
Litos
Banned
United_States
220
Rep
2,991
Posts

Drives: 2012 Challenger RT Junk
Join Date: Dec 2010
Location: Houston/Pearland

iTrader: (1)

you fools !!!!

looks like I beat ya'll to the prize.....

after speaking with adobeee and giving him my social security number and some banking details, he is going to deposit the money into my account on Tuesday...

for my help, he is allowing me to keep $40,000 in my account...

can't wait for this completely smooth and effortless transaction to go through.....
Appreciate 0
      08-24-2014, 08:49 PM   #15
kscarrol
Brigadier General
kscarrol's Avatar
United_States
8792
Rep
4,105
Posts

Drives: 2021 X3 M40i, 1974 2002 Tii
Join Date: Jun 2010
Location: Greenville, SC

iTrader: (0)

Quote:
Originally Posted by Litos View Post
you fools !!!!

looks like I beat ya'll to the prize.....

after speaking with adobeee and giving him my social security number and some banking details, he is going to deposit the money into my account on Tuesday...

for my help, he is allowing me to keep $40,000 in my account...

can't wait for this completely smooth and effortless transaction to go through.....
Damn!! I didn't realize adobeee was a Nigerian prince or I would have jumped on this opportunity!
__________________
2021 X3 M40i
1974 2002tii, Inka, 5 sp manual
BMWCCA # 327475
Appreciate 0
      08-24-2014, 09:13 PM   #16
Litos
Banned
United_States
220
Rep
2,991
Posts

Drives: 2012 Challenger RT Junk
Join Date: Dec 2010
Location: Houston/Pearland

iTrader: (1)

Quote:
Originally Posted by kscarrol View Post
Damn!! I didn't realize adobeee was a Nigerian prince or I would have jumped on this opportunity!
funny thing - he said "I am NO WAY a Nigerian Prince"...

I trust him to get this done.....
Appreciate 0
      08-24-2014, 09:49 PM   #17
P1
Lieutenant General
P1's Avatar
11542
Rep
11,128
Posts

Drives: 2004 3/4 ton Duramax
Join Date: Aug 2007
Location: United States

iTrader: (1)

Quote:
Originally Posted by mccannable View Post
It's insane the difference in the type of questions on this bmw off topic forum vs the other bmw off topic forum I frequent.
Which one is best which one is best???
Appreciate 0
      08-25-2014, 08:17 AM   #18
gtron
powerhouse
gtron's Avatar
United_States
703
Rep
1,628
Posts

Drives: 2014 Porsche 981 CS
Join Date: Feb 2011
Location: Orange County, CA

iTrader: (1)

Garage List
Quote:
Originally Posted by KingOfJericho View Post
buy $500k worth of diamonds then mule them in his keister.
__________________
no signature. except for this one.
Appreciate 0
      08-25-2014, 11:10 AM   #19
Maestro
Major
1001
Rep
1,268
Posts

Drives: 2007 335i Sedan, 2021 X3
Join Date: Nov 2006
Location: Philadelphia

iTrader: (0)

I am just happy the scammer are now going after China now.
Appreciate 0
      08-25-2014, 12:15 PM   #20
UncleWede
Long Time Admirer, First Time Owner
UncleWede's Avatar
United_States
17880
Rep
9,376
Posts

Drives: G01 X3 M40i Dark Graphite
Join Date: Jun 2005
Location: Oxnard, CA

iTrader: (0)

Litos,

You freaking RAT. *I* posted I would give him my info and you went and stole my idea. I should get at least 10g as a finder's fee.
Appreciate 0
      08-25-2014, 01:00 PM   #21
mccannable
First Lieutenant
188
Rep
347
Posts

Drives: 2014 X1
Join Date: Jan 2012
Location: central fl

iTrader: (2)

Quote:
Originally Posted by P1et View Post
Which one is best which one is best???
This one is by far the most mature and grown up. Nice change from the rest of the internets.
Appreciate 0
      08-25-2014, 01:40 PM   #22
MiddleAgedAl
Lieutenant
110
Rep
418
Posts

Drives: M3
Join Date: Jul 2010
Location: sitting down, facing the keyboard

iTrader: (0)

Buy a fancy iphone, take it with you, then remove the diamonds and sell them once you get to your destination.

http://www.phonearena.com/news/Diamo...illion_id14028

No Keister mining needed, just make sure you dont lose your phone.
__________________
If you want something you've never had before, then you better be prepared to do something you've never done before.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:53 PM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST