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China Eases Visa Restrictions to Lure Overseas Talents to Guangdong Free Trade Zone

The Ministry of Public Security recently announced 16 entry-exit measures for the innovation-driven development of the Guangdong Free Trade Zone. These measures, which cover foreign visas, stay and resident permits, and permanent residency applications, will take effect on 1 August 2016.

The new policies mainly target high-calibre foreign talents, overseas Chinese returning to start business, foreign students and investors. The measures include expediting permanent residency application for personnel recognised by the Guangdong Free Trade Zone, piloting a permanent residency points-based system for expats among the innovation start-ups in the Guangdong Free Trade Zone as well as their skilled foreign workers, supporting foreign students’ innovative business ventures, facilitating overseas Chinese with foreign nationality in applying for permanent residency and offering special visa and residency application channels for them, and lowering the threshold for investors in the zone to apply for permanent residency.

These policies for the innovation-driven development of the Guangdong Free Trade Zone also incorporate the measures announced by the Ministry of Public Security and effective since 1 March this year for the innovation-based development of Beijing.

Content provided by Picture: HKTDC Research
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