Guangdong Free Trade Zone has 16 new policies for entry and exit, and the approval time for foreign nationals to apply for permanent residency in China can be reduced to 90 days at the fastest!

The construction of Guangdong Free Trade Zone and the innovation driven development of 16 entry and


The construction of Guangdong Free Trade Zone and the innovation driven development of 16 entry and exit preferential policies have provided more convenient conditions for high-level talents and investors to obtain Chinese permanent residence identity cards. Let's take a look at the five convenient policies for China's permanent residence application in Guangdong Free Trade Zone.

 

1.Foreign high-level talents and their spouses, as well as underage children who meet the recognition criteria, can directly apply for permanent residency in China upon recommendation by the Guangdong Provincial Free Trade Office.

Interpretation: Foreigners, their spouses, and underage children who have made significant and outstanding contributions to China in the past and have special national needs can apply for permanent residency in China only after being recommended by relevant government departments; The new policy authorizes the Guangdong Provincial Department of Public Security, in conjunction with relevant departments, to formulate recognition standards. After being approved and implemented by the Ministry of Public Security, the Guangdong Provincial Free Trade Office can apply for permanent residency in China based on the standards and recommendations. And the approval deadline can be shortened from 180 days to 90 working days.

 

2.Foreigners who make direct investments within the Guangdong Free Trade Zone, have a stable investment situation for three consecutive years, have a total investment amount of 1 million US dollars (the total investment amount in industries encouraged by the National Catalogue for the Guidance of Foreign Investment Industries is 500000 US dollars), and have a good tax record can apply for permanent residency in China.

Interpretation: Expand the scope of investors applying for permanent residency and lower the investment quota standards for applying for permanent residency.

 

3.For foreign members of the innovation and entrepreneurship team in Guangdong Free Trade Zone and foreign technical talents selected by free trade zone enterprises, scores will be given based on the free trade zone talent score evaluation criteria. Those who reach a certain score can apply for permanent residency in China.

Interpretation: With specific quantitative standards for foreign technical talents, it can attract more talents to work and start businesses in the free trade zone.

 

4.For high-level foreign talents and advanced professional foreign talents in the industry, there is no age limit of 60 years old. They can issue a work type residence permit with a validity period of no more than 5 years. After working for 3 years, they can apply for permanent residency in China on the recommendation of their employer.

Interpretation: Compared with the past, the new policy has abolished the working age limit of 60 years old, simplified application procedures, and relaxed the validity period of residence permits. When applying for permanent residence, restrictions on the type of organization and job level have been lifted, and the time limit for permanent residence approval has been shortened.

 

5.Foreign high-level talents and industry advanced professional foreign talents who come to China without a visa can apply for a talent visa from the visa authority at the port of arrival. After entering the country, they can apply for a work residence permit with a validity period of no more than 5 years according to regulations.

Interpretation: Increase talent recommendation channels, that is, foreign talents hired and provided guarantees by the Guangdong Provincial Department of Science and Technology Innovation or recognized enterprises by the Guangdong Provincial Free Trade Office, Guangdong Provincial Higher Education Institutions, Guangdong Provincial Research Institutes, or other units that provide certificates can also enjoy the above-mentioned visa and residence convenience.