New visa issued to attract oversea talent
2013-July-5 Source: Newsgd.com
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The Exit-Entry Administration Law, took effect on Monday, promises more convenience for foreigners coming to China to work with the introduction of a "talent introduction visa."

The "talent introduction visa" is expected to play an active role in attracting talented individuals from overseas, officials said.

"We will increase the eligibility quota for green cards and consider extending the applicable scope for duty-free entry and multiple-entry visas in order to make China more competitive in soliciting foreign investment and talent," Xinhua news agency quoted Yang Huanning, vice minister of public security, as saying.

The visa joins those already available for travel, work, study, visiting relatives and business.

Overseas candidates with management experience at leading multinationals and top specialists in education and science are eligible to apply for a talent visa in China, according to a draft legislation,

"Urgently needed" professionals, as stated in the law, will be able to apply for the new talent visa, which grants residency for up to five years, or multiple entries for up to 180 days at a time.

A draft soliciting the opinions of government insiders and experts suggests the country has outlined the key points in evaluating whether a foreign professional is "urgently needed", an issue widely discussed since the Exit-Entry Administration Law was passed in June last year.

According to China Daily five major kinds of professionals may be categorized under the talent pool:

1. senior management professionals at globally renowned enterprises, financial institutions, accounting firms and architecture offices, with profound knowledge in the field and its international rules;

2. senior specialists at globally renowned enterprises, financial institutions and accounting firms and architecture offices, with independent intellectual property rights and the core technology;

3. senior science and education professionals at globally renowned universities and institutions, with ranks equal to professor who have made great contributions to the development of a particular field;

4. renowned cultural, arts and sports figures being globally received, or winners of major international awards in their field;

5. other high-end international talent that China urgently needs.

However, the draft is still in its early stage and is subject to change after gauging feedback from government departments and experts.

Editor: Olivia
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