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Thread: Application for residence permit in Shanghai
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[quote=JIMMYB,246765]Hope those information could be helpful for those who intend to settle down in Shanghai. 1. To apply for a permanent residence permit as an investor. Proceedings of administrative approval To apply for a permanent residence permit as an investor Organ processing the application Entry and Exit Control of Shanghai Organ processing the application: Entry and Exit Control of Shanghai. Address: No.1500 Minsheng Rd., Pudong New Area. Office hour: Monday- Saturday: 9:00-17:00. Tel: 28951900 Conditions for the administrative approval Foreigners answering the following conditions can apply for a Permanent Residence Permit for Aliens for those as investors: (I) Investor having put investment in China, with a total actual registered capital of over 2 million USD (no less than the standard for 3consecutive years; (II) Investor having put investment in Central China, with a total actual registered capital of over 1 million USD (no less than the standard for 3 consecutive years); (III) Investor having put investment in Western China and in the counties given priority to the state poverty alleviation project, with a total actual registered capital of over 500,000 USD (no less than the standard for 3 consecutive years); (IV) Investor investing on industries encouraged by the state according to state-promulgated Guidance on Projects in Foreign-Funded Industries, with a total actual registered capital of over 500,000USD (no less than the standard for 3 consecutive years); The spouse accompanied of the above personnel and their child (ren) younger than 18 years of age can apply for a Permanent Residence Permit for Aliens of the same category. [/quote]
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