Everything You Need to Know About Sponsoring Your Own Visa

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Traditional channels to apply for a work visa in China require a job offer and sponsoring company in mainland China. However, as of Apr 1, 2017, the Chinese government combined the Alien Employment Permit and Foreign Expert Permit into a single document available to expats working in China.

Through this system, individuals who do not meet work experience or educational requirements can qualify for a work permit as an investor through establishing either a wholly-foreign-owned enterprise (WFOE) or a joint venture (JV).

The process

• You must first establish a WFOE in China as either an individual or as a foreign enterprise.
  

• In both cases, you must provide initial capital from an overseas bank account into the WFOE bank account based in China.
  

• The amount of minimum registered capital varies drastically but is theoretically intended to be the amount that the business would require to break even. Registered capital is intended to show the Chinese government that your business can be operated successfully. Once invested, your registered capital can't be removed from China.
  

• You must find a Chinese citizen to serve as your primary contact or liaison. This person will be expected to receive updates and notices from the Chinese government.
  

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Getting your own visa

• If you establish your business as an individual investor, the process is more direct. The investor will only need to provide an original passport, in addition to related documents.
  

• For those establishing WFOEs as a foreign enterprise, a notarized business license and identification certificate or incorporation certification and registration certificate are required.
  

These changes are intended to provide additional avenues for investment and encourage entrepreneurship. Understanding and publicizing this policy channel are the primary barriers to its implementation. Despite existing in law since 2017, self-sponsorship is as of yet a little understood option.

READ (via this QR code): Everything You Need to Know About How to Get the Elusive Chinese Green Card

Photo: reddit.com

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