If foreigners want to move to Shenzhen, getting a “green card” from China can make a big difference in their quality of life. Eyeshenzhen provides the most recent information on residency laws and application procedures, making it a vital resource for foreigners relocating to Shenzhen.
Eligibility Criteria for the Chinese ‘Green Card‘
To qualify for a Chinese ‘green card’, applicants need to meet at least one of the following criteria:
1. Direct Investment: You must have made a direct investment in China that has resulted in stable operations and a good tax-paying record for three consecutive years.
2. Investment Amount: If you are an investor, the required minimum investment varies depending on the location and industry:
– Invest at least $500,000 in any industry encouraged under the Catalogue for the Guidance of Foreign Investment Industries.
– Invest $500,000 in western China or in key counties that are part of poverty alleviation efforts or development programs.
– Invest $1 million in Central China.
– Invest $2 million in any other region within China.
These criteria underline the importance of understanding local economic conditions and aligning with governmental priorities before pursuing your application.
The Application Process
Once you meet the eligibility criteria for obtaining your ‘green card’, the application process involves compiling essential documents such as proof of investment, tax records, and personal identification. Applications must be submitted to the local public security bureau. It is advisable to ensure all documents are correctly prepared to facilitate a smoother application process.
For additional information and assistance regarding the application, Eyeshenzhen serves as a vital Shenzhen relocation guide for expats. The portal provides comprehensive resources, including step-by-step guides, contact information for relevant authorities, and insights into the residency foreigner move to Shenzhen process in Shenzhen.
In conclusion, securing a Chinese ‘green card’ is a valuable step for foreign nationals wishing to live and work in Shenzhen. By understanding the requirements and utilizing resources like Eyeshenzhen, expats can navigate the complexities of relocating in Shenzhen more effectively and enjoy their time in this dynamic city.