Tax incentives--a reduction of 2 to 5 percent in the profit tax--are also used to encourage foreign investment. In order to qualify for the reduction, a foreign investment project has to meet three of the following criteria: the project will export more than 70 percent of the goods it produces; will obtain domestically more than 70 percent of the raw materials it uses; will use advanced technology; will aim to overcome unfavorable natural or socioeconomic conditions; will contribute to national economic development despite low profit margins; or will be established before 1995. The Foreign Investment Law allows foreign investors to remit profits to the countries of their choice; in addition, it prohibits the nationalization of their capital and property.