China has long been known for its strict immigration policies, making it difficult for foreign nationals to live and work in the country permanently. However, the introduction of the China Green Card, also known as the China Permanent Resident Card, has changed this. The China Green Card allows foreign nationals to live and work in China permanently, making it easier for them to fully integrate into Chinese society and access a range of benefits.

What is China Green Card?

The China Green Card is a type of residency permit that allows foreign nationals to live and work in China permanently. It is designed to attract high-skilled talent, entrepreneurs, and investors to China and to provide them with long-term residency rights. The card is valid for five years and can be renewed indefinitely.

Eligibility Requirements

To obtain a Chinese Green Card, a foreign national must meet certain eligibility criteria and conditions. Here are some of the most common conditions:

1. Valid passport: Applicants must have a valid passport and must be in good health.

2. High-level professional skills or significant contributions: Applicants must have high-level professional skills or significant contributions to China, such as expertise in a specific field, scientific research, or investment in the country.

3. A stable job or business: Applicants must have a stable job or business in China, and must provide proof of employment or business registration.

4. Stable source of income: Applicants must have a stable source of income, such as a salary or business profits, to support themselves and their families in China.

5. Clean criminal record: Applicants must have a clean criminal record and must not pose a threat to national security or public order.

6. Good behavior and reputation: Applicants must have good behavior and reputation and must not engage in any illegal or unethical activities in China.

7. Residence in China: Applicants must have lived in China for a certain period of time, typically one year or more, to demonstrate their commitment to the country.

It is important to note that these conditions are subject to change, and the Chinese government may add or modify criteria for obtaining a Green Card at any time. Therefore, it is important to stay informed about the latest developments and seek professional advice from an immigration consultant if necessary.

Will graduating from Mainland University grant you a Green Card?

Here are things to be familiar with:

·  Having a Master’s degree or a Bachelor’s degree from a Mainland institution may increase your chances of obtaining a Chinese Green Card, but it is not a guarantee. The eligibility criteria for a Green Card in China are subject to change, but so far, the requirements include being in good health, having no criminal record, and fulfilling at least one of the following criteria:

·  Making a direct investment of at least $500,000 in western or poor regions of China, $1 million in central China, or $2 million in other areas and investing for three consecutive years;

·  Having a Ph.D. degree or being an alumnus of a well-regarded academic institution with three years of work experience in China;

·  Having three years of experience in key industries or fields that receive state support; earning an annual income that is at least four times the local average for four years of work in China or six times the local average for eight years of work in China; being an international talent who can greatly contribute to China’s economic and social development or having a skill that is in high demand in China;

·  Coming to China to reunite with family and having been married for five years or being a dependent of a Chinese citizen, or being a foreign business professional with notable international achievements.

Therefore, while having a degree from a Mainland institution may be a factor that is considered during the Green Card application process, it is not a guarantee of eligibility, and additional criteria must also be met.

China Green Card: How much one should invest to obtain a green card?

The amount of investment required to obtain a Chinese Green Card varies depending on various factors, such as the applicant’s background, the region in which they are investing, and the type of investment. In general, a foreign national must make a significant investment in China to be eligible for a Green Card.

In some cases, a foreign national may be able to obtain a Green Card by investing in a designated “encouraged” industry, such as high-tech, innovative, or strategic industries, which may have a lower investment threshold.

According to a recent draft, foreigners who are applying for permanent residency in China must meet certain criteria in order to be eligible.

·  The criteria include being in good health, having no criminal record, and fulfilling at least one of the following requirements: making a direct investment of at least $500,000 in western or poor regions of China, $1 million in central China, or $2 million in other areas and investing for three consecutive years;

·  Having a Ph.D. degree or being an alumnus of a well-regarded academic institution with three years of work experience in China;

·  Having three years of experience in key industries or fields that receive state support; earning an annual income that is at least four times the local average for four years of work in China or six times the local average for eight years of work in China;

·  Being an international talent who can greatly contribute to China’s economic and social development or having a skill that is in high demand in China;

·  Coming to China to reunite with family and having been married for five years or being a dependent of a Chinese citizen, or being a foreign business professional with notable international achievements.

Application Process

The application process for a Chinese Green Card is a multi-step process that requires careful planning and preparation. Here is a detailed outline of the steps involved:

Determine eligibility: The first step in the process is to determine whether you meet the eligibility criteria for a Chinese Green Card. Requirements include having a valid passport, a clean criminal record, high-level professional skills or significant contributions to China, a stable job or business, and a stable source of income.

Gather required documentation: Once you have determined your eligibility, you must gather all necessary documentation. This typically includes your passport, resume, educational certificates, proof of income, and other relevant documents.

Submit the application: The next step is to submit your application and required documentation to the local Public Security Bureau (PSB) in China. You will also be required to pay a processing fee. It costs usually 2000 RMB and the wait time is around 6 months.

Attend the interview: After your application has been reviewed, you may be called in for an interview with the PSB. During the interview, you will be asked to answer questions about your application and provide additional information if necessary.

Wait for the decision: After the interview, the PSB will review your application and make a decision. This process can take several months. You will be notified of the decision by mail.

Obtain the Green Card: If your application is approved, you will be required to attend another appointment with the PSB to obtain your Green Card. You will also be required to pay a fee for the card itself.

It is important to note that the Chinese Green Card application process can be complex and time-consuming, and it is recommended that you seek assistance from a professional immigration consultant if needed. In addition, it is important to be patient, as the process can take several months to complete.

How much one should earn to be eligible for a Green Card?

The minimum income required to obtain a Chinese Green Card depends on various factors, such as the applicant’s family size and the region in which they are residing. In general, foreign nationals must have a stable and sufficient source of income to support themselves and their family in China.

The exact income requirement for a Chinese Green Card may vary, but typically, applicants must have a minimum annual income of at least RMB 600,000 (approximately US$93,000) or more. However, the required income level may be higher or lower depending on the specific circumstances of the individual and the region in which they are residing.

FDI as a way to obtain Green Card

Foreign Direct Investment (FDI) can be one of the ways to obtain a Chinese Green Card, as the Chinese government recognizes the important role that foreign investment plays in the country’s economic development. Foreign investors who make significant investments in China and contribute to the country’s economic growth may be eligible for a Green Card.

However, it is important to note that FDI alone does not guarantee a Green Card. The eligibility criteria for a Green Card are subject to change, and the Chinese government may add or modify the criteria at any time. In addition, the investment must be made in accordance with Chinese laws and regulations and must provide a real economic benefit to China.

As we all know Elon Musk was granted an opportunity to obtain a Green Card when visiting the Tesla Giga plant in Pudong.

Benefits of Chinese Green Card

The Chinese Green Card provides numerous benefits to foreign nationals who are looking to live and work in China on a permanent basis. Perhaps the most significant benefit is the grant of permanent residency status, which allows cardholders to live and work in China without the need for renewing visas. This not only eliminates the hassle and uncertainty associated with visa renewals but also provides a sense of stability and security for cardholders and their families.

Another benefit is access to social services and welfare benefits, such as medical insurance, education, and pension plans, which can significantly enhance their quality of life in China. Additionally, having a Chinese Green Card opens up a wider range of job opportunities and higher salaries, as employers are more likely to prefer someone with permanent residency status.

Cardholders have the ability to bring their family to China and enroll them in local schools, which can create a more supportive and comfortable living environment. In conclusion, the Chinese Green Card provides a valuable opportunity for foreign nationals to fully integrate into Chinese society and enjoy its many benefits.

To put it simply, the Chinese Green Card offers a range of benefits to foreign nationals, including:

·  Permanent residency rights in China.

·  Access to social services and welfare benefits, such as medical insurance, education, and pension plans.

·  The ability to live and work in China without the need to renew your visa.

·  Access to a wider range of job opportunities and higher salaries.

·  The ability to bring your family to China and enroll them in local schools.

Conclusion

The China Green Card is a valuable opportunity for foreign nationals who wish to live and work in China permanently. With its many benefits and relatively lenient requirements, the China Green Card is an attractive option for high-skilled talent, entrepreneurs, and investors. If you meet the eligibility requirements and are interested in obtaining a China Green Card, it is important to start the application process as early as possible to avoid any potential delays.

FDI China can play a role in helping a foreign national obtain a Chinese Green Card, as the Chinese government recognizes the important role that foreign investment plays in the country’s economic development. FDI China can help foreign investors navigate the requirements for a Green Card and assist with the application process.