IMPACT – MEDIUM
What is the change? The Beijing Entry-Exit Authority has announced a number of immigration measures aimed at attracting high-talent foreign workers to Beijing, and especially to the Zhongguancun Science Park (Z-Park).
What does the change mean? The measures provide a number of immigration and business travel incentives for Z-Park workers and their families.
Background: Z-Park is one of Beijing’s tech hubs and is known as China’s “Silicon Valley.” Authorities announced new incentives last week aimed at helping Z-Park businesses recruit high-level foreign talent. They include:
The new policies add to efforts by local authorities to simplify immigration policies for high-talent foreign workers. Similar simplified immigration policies are in place in the China (Shanghai) Pilot Free Trade Zone, the Zhangjiang National Innovation Demonstration Zone and the China (Guangdong) Pilot Free Trade Zone. It remains to be seen if the new measures introduced in Beijing and the Z-Park are extended to the other high-talent areas in Shanghai and Guangdong.
Analysis & Comments: Officials hope the measures will provide extra incentives for high-talent foreign nationals to work at a Z-Park registered company. Z-Park companies are encouraged to work with their Deloitte professional to determine what immigration and travel options are available for foreign workers and their families. Deloitte and BAL will continue to monitor incentive offerings in high-talent areas in China and inform clients if/when the incentives are also introduced in Shanghai and Guangdong.
Source: Deloitte LLP. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.
State Department data shows a dramatic increase in the number of visas issued last fiscal year. Colleges say the need
Danish immigration authorities released new rules that update the work permit exemption policy for employees working within affiliated companies....
The Swiss government has set work permit quotas for 2024, leaving them unchanged for EU/EFTA, non-EU/EFTA and U.K. nationals. Quotas
Canadian officials announced that a dedicated humanitarian pathway to provide permanent residence to Colombian, Haitian and Venezuelan foreign...