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.