Tired of working full-time from 9 to 5, but just don't have the courage to quit and start a business? I found 8 low-cost and reliable cross-border entrepreneurial projects85 everyone knows the following things. After april 2020, tesla has increased by 8 times, shopify has increased by 3 times, bilibili has increased by 6 times, and pinduoduo has increased by 4 times. Well, some cross-border e-commerce sellers have invested their spare us dollar funds in the us stock market, performing the magic of turning 100 into 200 and 200 into 400. Domestic ordinary people who have no source of foreign exchange open a large us dollars from banks, and remit them abroad.
Although the policy does not allow foreign exchange to be used for overseas investment and house sales, some banks were not strictly controlled at first, and a Vietnam phone number list lot of funds still flowed into the investment market smoothly. It seems that regulators are also aware of this madness, and only then have the series of strict control misses mentioned above. Most cross-border e-commerce sellers do not have too many obstacles in investing in u.S. Stocks, because cross-border entrepreneurs have their own sources of dollars, some are sales revenue, some are advertising commissions, some are sales.
Commissions, some are labor service income, etc., they there is no need to find a bank in the country to exchange dollars and remit them to a bank account in the united states. On the contrary, some cross-border entrepreneurs need to transfer overseas us dollars back to china, and they have encountered a lot of troubles, such as wire transfer of paypal balance us dollars back to china. When a sum exceeds 5,000 us dollars, many domestic banks will reject it, or require submit documents such as proof of contract.