Foreign Investor money for US Developers

[Dave Park]

Gents,  I have run into some Chinese investors looking to invest money in US market.. not homes, but large developments.  My broker told me that I would need some sort of a financial/investment license to move money into these developments.  I have contacted many others in the business and no one can definitively say anything.  Wondering if anyone know the requirements.  Trying to move cash from foreign nationals to US developers.  Money is already in the US.  Thank you in advance.

[Jay Hinrichs]

depends on what vehicle you use.. if your pooling investment capital into one fund and for a common enterprise then some sort of PPM is usually required.... no licesne required to do these they just need to be done as 506 offerings.. the sponsor does not need licesne.. you need license in some cases if you are marketing the PPM for investors.. if you have the investors already then its pretty simple.. suggest you SIMPLY talk to a good securities attorney and tell them what you want to do and ask them to prep the docs... usually 10 to 40k for this