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alvineki
Seeker
Joined: Dec 29, 2006
Posts: 68
Status: Offline
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 Posted:
Jan 27, 2008 - 09:56 PM |
 
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| Post subject: Chinese PR |
This is my 5th year in China. I understand there’s a PR program for long-term residents where you get something like a ‘green’ card. So what are its uses/benefits? |
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woaihuan
Veejay
Joined: Dec 15, 2007
Posts: 1848
Status: Offline
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Jan 27, 2008 - 10:12 PM |
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I believe that's only after you're married for five years in China. |
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babebibobu
LoopKicker
Joined: Sep 29, 2007
Posts: 946
Status: Offline
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Jan 27, 2008 - 11:39 PM |
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Only benefit really is to dont have to renew your visa. Drawback is most hotel staff have never seen one and may get confused when you present it upon checking. Also gave me some problems with airport staff (abroad) asking to sign some paper before boarding as I did not seem to have a Chinese visa. There is a government website somewhere about it, shoudnt be hard to find. You can search in this forum about it (search "green card" or something). Conditions to apply range from being an investor, CEO of companies, family situation, years in China, etc. better if you fall in more than one category. Not difficult to get as far as I know. |
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I'm dancing with tears in my eyes... 'cause the girl in my arms is a boy |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 27, 2008 - 11:52 PM |
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| Post subject: Re: Chinese PR |
| alvineki wrote: |
| This is my 5th year in China. I understand there’s a PR program for long-term residents where you get something like a ‘green’ card. So what are its uses/benefits? |
Depends on whether you want the real green card or the fake one -- made in France, I think. 
Just being here 5 years qualifies you for nothing.
Basically, you either need to have political connections at the very highest level, $2 million invested in China, the CEO or GM or a very large multinational company, a Nobel prize winner or married to a local.
Which category would you apply under? |
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Last edited by underh20 on Jan 28, 2008 - 10:34 AM; edited 1 time in total |
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Rachelfriend
Reacher
Joined: Feb 27, 2007
Posts: 227
Status: Offline
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Jan 27, 2008 - 11:52 PM |
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I'm dancing with tears in my eyes... 'cause the girl in my arms is a boy-babebibobu
LoL...your words is funny!! |
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chingiskhan
StreetBeater
Joined: Apr 24, 2007
Posts: 2244
Location: Shanghai
Status: Offline
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Jan 28, 2008 - 12:37 AM |
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Sounds like there are more disadvantages to having one than benefits! |
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SnappySammy
Board Legend
Joined: Nov 01, 2007
Posts: 10143
Status: Offline
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Jan 28, 2008 - 08:01 AM |
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It's a good thing buts it not easy to get. I think it's easier to get in Beijine or GZ then Shanghai. I think its the city gov't that can issue them. My great Shanghai Gov't guy was arrested last year OOPS My green card got blue.
Underh20 is pretty close to being right. If you are a regular working foreigner it's very hard to get. |
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Yank My Doodle It's A Dandy |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 28, 2008 - 10:18 AM |
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| SnappySammy wrote: |
It's a good thing buts it not easy to get. I think it's easier to get in Beijine or GZ then Shanghai. I think its the city gov't that can issue them. My great Shanghai Gov't guy was arrested last year OOPS My green card got blue.
Underh20 is pretty close to being right. If you are a regular working foreigner it's very hard to get. |
Almost, Snappy. They are issued by the Ministry of Public Security. The local government has, under normal conditions, neither voice nor vote in the process.
Getting them in GZ is also a royal pain in the a$$. I think Shanghai must be easier, but no one can say for sure. |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 28, 2008 - 10:32 AM |
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| chingiskhan wrote: |
| Sounds like there are more disadvantages to having one than benefits! |
I wouldn't say so, but then it depends on what you are looking for.
According to the State Council, only three things that Chinese citizens can do that permanent residents cannot:
1. Vote;
2. Be elected; and
3. Serve in the Armed Forces.
Not one of the above limitations would concern me.
From a practical standpoint, I think there are only advantages. First of all, you never need to get another visa and can work freely without ever having to get another work permit. Sure, on a five-year residence permit you also get a good ride, but we have all seen how visa conditions and restrictions change on a near daily basis. Also, your visa can be cancelled for practically any -- or even no -- reason. PR, in theory, is much more difficult to cancel.
Having PR is also a plus when you want to buy property. Expats are generally limited to purchasing only one property which must be their principal place of residence. PRs do not have that limitation. You can buy as many residential or commercial properties as you wish.
From a financial perspective, PRs can buy A shares and invest in mutual funds in China as well as purchase foreign currency as easily as a Chinese national.
Disadvantages? Only one that I can think of and that is you are also taxed as a Chinese citizen on your worldwide income. But then that's why you have accountants who can sort this out -- easier if your home country has a reciprocal taxation agreement with China. |
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SnappySammy
Board Legend
Joined: Nov 01, 2007
Posts: 10143
Status: Offline
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Jan 28, 2008 - 10:56 AM |
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I could have said it better! but I won't. |
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Yank My Doodle It's A Dandy |
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alvineki
Seeker
Joined: Dec 29, 2006
Posts: 68
Status: Offline
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Jan 28, 2008 - 05:29 PM |
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Well, I'm a senior manager with an international fast food chain and does not need to do a HK run for my Z.
Connections? Yeah, I deal with state-level people but is it necessary?? I'm more concerned dealing with such people.. If anyone you had dealt with falls out with Mr HU or Mr WEN or least to say they don't share the same ideas anymore..Hmmm... Everyone's going down. Or I would have bought audis and properties @ 10% of retail price when I was in GZ
So underh20, you got yours eh? doesn't seem to me worthwhile to get one. What do you use it for? Cheers. |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 28, 2008 - 07:06 PM |
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| alvineki wrote: |
| Well, I'm a senior manager with an international fast food chain and does not need to do a HK run for my Z. |
Unless you are V.P. or above and the chain has invested over $2 million for the past three years, you've got no chance. Otherwise, give it a shot. Many who appear to meet the requirements are shot down, but you never know.
| alvineki wrote: |
| So underh20, you got yours eh? doesn't seem to me worthwhile to get one. What do you use it for? |
It is very worthwhile. See above.
What can you use it for? ID. |
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leidelaohu
Wonder Wit
Joined: June 11, 2007
Posts: 3781
Status: Offline
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Jan 28, 2008 - 07:37 PM |
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| underh20 wrote: |
According to the State Council, only three things that Chinese citizens can do that permanent residents cannot:
...
3. Serve in the Armed Forces. |
That's a trip. In the US the first people drafted are the green card holders  |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 28, 2008 - 07:38 PM |
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^ 'Cause they got something to fight for? |
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leidelaohu
Wonder Wit
Joined: June 11, 2007
Posts: 3781
Status: Offline
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Jan 28, 2008 - 07:41 PM |
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| underh20 wrote: |
| ^ 'Cause they got something to fight for? |
I think 'expendable' is the word you were looking for  |
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underh20
Shanghai Royalty
Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Jan 28, 2008 - 07:45 PM |
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| leidelaohu wrote: |
| underh20 wrote: |
| ^ 'Cause they got something to fight for? |
I think 'expendable' is the word you were looking for |
Goes with the turf. A soldier's job is to do or die. It's just they never think the latter will happen. Buy a lottery ticket if you're so lucky. |
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