China Romance
Expats in Asia => Retirement in Asia => Topic started by: Willy The Londoner on December 11, 2012, 09:41:53 pm
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Foreigners with permanent residency will have the same rights as Chinese nationals, with the exception of political rights and duties, the Ministry of Human Resources and Social Security said Tuesday.
Permanent foreign residents will be granted national treatment in terms of employment, investment, house purchase, gaining professional titles, the ministry said.
Access to schools for their children will also be on par with Chinese citizens, the rules endorsed by central government departments in September state.
Foreigners with permanent residency can participate in all aspects of social insurance and avail of the benefits.
There are five types of social insurance: endowment, medical, unemployment, work-related injury and maternity.
Green card holders are exempt from a restriction that does not allow foreigners who have worked or studied less than a year in China to buy property. They can also work in China without a work permit.
Children of foreigners who have permanent residency will be able to enjoy compulsory education in their place of residence under the new regulation.
Foreigners who have permanent residency can enjoy simplified investment and registration procedures if they want to invest in or set up a business.
Spouses and immediate family members can apply for visas, residence permits and a green card, under the regulation.
Willy