visa

NEWS via CNN: Plugging China’s talent pool

March 20, 2014 // 0 Comments

Plugging China’s talent pool By Zarina Banu for CNN March 20, 2014 — Updated 0603 GMT (1403 HKT) Many are leaving China for reasons like education, food and wealth security and air quality. STORY HIGHLIGHTS China sees 8.5 million mainly middle-class living abroad with less than 10% moving in Paper in China calls exodus “the world’s worst brain drain” Hong Kong (CNN) — “Culture is not the main reason why most Chinese people leave. This is a romantic view. Most people leave China because of practical reasons like education, food and wealth security and air quality.” This is the view of Li Chen, who moved to Hong Kong from the mainland two years ago. A combination of pragmatism and aspiration led the 32-year-old Masters of Journalism student to leave. He said when his wife was offered the chance to relocate to Hong Kong, the timing for the couple was just right. The move allowed Li to pursue his passion for photography and will earn him [...]

NEWS vía Global Times: Island Migration – Canada Closes it’s Doors

February 27, 2014 // 0 Comments

Island migration Recently, Canada announced that it would end its investor program, closing off another path for Chinese immigrants. However, as Canada closes the door, island countries such as St Kitts and Nevis have opened another window for Chinese entrepreneurs who are seeking immigration for various reasons. Island nations have become the popular alternative immigration choice for rich entrepreneurs in China, because of benefits such as relaxed conditions and low investment requirements. Entrepreneurs such as Zhang Lan, the chairwoman of high-end restaurant chain South Beauty, and Feng Changge, the founder of Harmony Auto, are reported to have migrated there. A booth for overseas investment at the Shanghai Real estate fair, on October 3, 2013. Photo: I Fewer options A newly released report conducted by the Hurun Research Institute said that 64 percent of Chinese millionaires have already migrated with their wealth or are preparing to do so. On January 22, 2014, the Center for [...]

NEWS via CNN: Mainland Chinese line up for Australia’s ‘millionaire visa’

February 9, 2014 // 0 Comments

Mainland Chinese line up for Australia’s ‘Millionaire Visa’ By Peter Shadbolt, for CNN February 4, 2014 — Updated 1145 GMT (1945 HKT) Chinese immigration into Australia now represents the third largest group after migrants from the UK and New Zealand. STORY HIGHLIGHTS Chinese are the biggest group to apply for Australia’s ‘millionaire visa’ High wealth individuals must invest $A5 million in Australia to get a visa Those investing for more than four years are eligible for permanent residency Chinese are the third largest immigrant group in Australia after the UK and NZ Hong Kong (CNN) — There’s little doubt which country Australia is targeting under its immigration scheme for the super-wealthy; the investment visa is called sub-class 188 and its permanent visa is called sub-class 888. In China, the number eight is culturally associated with wealth, prosperity and good fortune and rich Chinese nationals have been queuing up for the [...]
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