China Sets New Permanent Residence Rules for Investors

China has published new criteria for foreign investors seeking permanent residence, as outlined by the national immigration authority. Eligible applicants must have made significant contributions to China's economic and social development and comply with local laws, maintain good health, and possess no criminal record.

A key requirement for investors is a record of direct and stable investment in China for three consecutive years, along with a consistent history of tax payments. Applicants must provide supporting documents, including a business license, annual report disclosures, and a Capital Verification Report.

Additionally, they need to submit a valid foreign passport, a health certificate, and a foreign certificate of no criminal record. For those involved in nationally encouraged foreign-funded projects, further documentation is necessary, such as a Confirmation Letter from national or provincial authorities and an individual tax payment certificate.

This initiative aims to provide foreign investors with a clearer pathway for long-term business commitments in China.