Schisandra vines are aesthetically pleasing eye candy that can be grown successfully in USDA zones 4 to 8. It does not die back in winter in the more temperate zones. The vines normally grow 8 - 12 feet long, but claims of 30 foot vines have been touted. A support system such as an arbor, fence or trellis is advisable.
Schisandra can be grown from seed, but not without many trials and tribulations. It is difficult to germinate and slow to get started. The seeds also require cold stratification, which is the process of treating seeds prior to sowing to simulate winter conditions that they would have experienced in nature. If you are able to get hold of some young vines, that would be just dandy. They can also be propagated from cuttings . See: New plants from Cuttings
Seedlings / young vines should be planted outdoors in the spring when any danger of frost has passed. A location with partial shade is best, they do not fare well in full sun and will not grow in full shade.