Startup / Entrepreneur

Private Affairs Residence Permit (Entrepreneurship)

🚀 Startup Capital
CN¥50,000
one-time
Domestic bank deposit of at least CNY 50,000 required for the investor/entrepreneur category in Beijing. Requirements vary by city and category — recent graduates from recognized universities may substitute with innovation/entrepreneurship certificates instead of a capital deposit.
⏱️ Duration
Up to 2 years for recent graduates of internationally renowned universities; up to 5 years for graduates of key Chinese universities engaged in entrepreneurship or members of innovation/entrepreneurship teams. Startup-phase work permits are initially valid for 1 year and extendable.
👪 Dependants
Yes
Spouses, parents, children under 18, and parents-in-law of the main applicant may apply for private affairs residence permits for family reunion. Validity of dependants' permits cannot exceed that of the main applicant.

China's Private Affairs Residence Permit (Entrepreneurship) allows foreign nationals to reside in China while establishing innovative businesses or engaging in entrepreneurial activities. Issued under the Exit and Entry Administration Law of the PRC and the Regulations on Administration of the Entry and Exit of Foreigners (State Council Order No. 637), the permit carries an endorsement of "entrepreneurship" within the private affairs residence permit framework. First piloted in Shanghai in 2018, it has since expanded to Beijing, Shenzhen, and other major cities. It uniquely permits holders to conduct pre-company-registration activities — market research, staff recruitment, and office space procurement — before a business is formally established.

Requirements

Eligible applicant categories:

  1. Recent graduates from internationally renowned universities — foreign nationals who graduated within the past 2 years, intending to start a business in China
  2. Foreign investors and entrepreneurs — foreign nationals planning to invest in or establish innovative enterprises in China
  3. Outstanding graduates from key Chinese universities — within 2 years of graduation, engaged in innovation and entrepreneurship
  4. Innovation and entrepreneurship team members — foreign members of teams operating in key national development fields
  5. Foreign nationals of Chinese origin — engaged in entrepreneurial activity in key development fields (Beijing)

General requirements:

  • Valid passport and entry visa (S1 or other)
  • Business plan or innovation/entrepreneurship certificates from competent authorities
  • Medical examination certificate (valid within 6 months, required for ages 18–70)
  • Accommodation registration
  • Category-specific financial or qualification documents
Required Documents
  • Valid passport
  • Completed visa/residence permit application form with 2-inch colour photo
  • Temporary accommodation registration form
  • Medical examination certificate
  • For investor/entrepreneur category: business plan, domestic bank deposit certificate (CNY 50,000+ in Beijing), investment certificates, and intellectual property or patent certificates if available
  • For graduate categories: university graduation certificate, innovation/entrepreneurship certificate from a recognized incubator, science park, or maker space
  • For team members: endorsement letter from relevant authorities or science park administration
Duration & Renewal

Permit validity varies by applicant category:

  • Up to 2 years for recent graduates from internationally renowned universities
  • Up to 2–5 years for graduates of key Chinese universities engaged in entrepreneurship
  • Up to 5 years for innovation/entrepreneurship team members
  • 1 year (extendable) for startup-phase work permits in incubators

Extension applications must be submitted before expiry. For startup-phase permits, the incubator or park must conduct an entrepreneurial assessment and submit the extension request at least 30 days before expiration. Processing takes 7 working days in Shanghai and Beijing.

Residence permit fees: CNY 400 (up to 1 year), CNY 800 (1–3 years), CNY 1,000 (3–5 years).

Family Members

Spouses, parents, children under 18, and parents-in-law of the main applicant may apply for private affairs residence permits under family reunion provisions. Dependants must provide proof of kinship (marriage or birth certificates), the main applicant's residence permit, and standard application materials. The validity of dependants' permits cannot exceed that of the main applicant.

Tax Implications

Individuals present in China for 183 days or more in a tax year are considered tax residents and are subject to individual income tax on worldwide income under the Individual Income Tax Law of the PRC. China has double taxation treaties with many countries that may reduce liability.

Application Process
  1. Obtain an S1 visa or other valid entry document at a Chinese embassy or consulate abroad.
  2. Within 30 days of entering China, apply for the residence permit at the local public security bureau exit-entry administration office in your intended place of residence.
  3. Submit all required documents. The decision is issued within 7 working days in Shanghai and Beijing.
  4. Within 24 hours of arriving at your accommodation, register with the local police station.

For those already in China on a valid visa or permit, a change of status may be possible upon approval by the exit-entry administration.

Application locations: Shanghai: 28 Minsheng Road, Pudong, and district branch offices. Beijing: 17 district-level service centres.

Business Requirements

The permit allows pre-registration entrepreneurial activities in designated science and technology parks, incubators, and maker spaces. In Shanghai, eligible districts include Changning and Yangpu. Beijing requires recommendation letters from the Zhongguancun Science Park Administrative Commission or municipal/district commerce bureaus for the foreign talent category.

The permit does not authorize employment with a Chinese employer — establishing a Wholly Foreign-Owned Enterprise (WFOE) and then applying for a work permit is a separate process. Startup-phase work permits for incubator-based entrepreneurs are limited to teams of up to 5 people.

Holders who meet investment and operational criteria over time may eventually apply for permanent residence under the Chinese Green Card program.

Other Visa Programs in Asia

Country
Program
Income
Investment
Funds Required
Capital Required
Duration
Dependants
Citizenship
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BHD 50,000 one-time
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🇧🇭 Bahrain
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BHD 500 / month
2 years — 10 years
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🇧🇩 Bangladesh
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$75,000 one-time
1 year — 5 years
Yes
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🇧🇹 Bhutan
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1 year — 2 years
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🇧🇹 Bhutan
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BTN 15,000,000 one-time
3 years
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🇰🇭 Cambodia
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$100,000 one-time
10 years
Yes
Yes (5yr)
🇰🇭 Cambodia
Retirement Visa (ER Extension of Stay)
$1,500 / month
1 month — 1 year
No
Yes
🇨🇳 China
Permanent Residence Permit (Investment Category)
$500,000 one-time
Permanent
Yes
Yes
🇨🇳 China
Private Affairs Residence Permit (Entrepreneurship)
CN¥50,000 one-time
1 year — 5 years
Yes
🇬🇪 Georgia
Investment Residence Permit
$300,000 one-time
5 years
Yes
Yes (10yr)
🇬🇪 Georgia
IT Residence Permit
$25,000 / year
3 years
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Yes (10yr)
🇬🇪 Georgia
Remotely from Georgia
$2,000 / month
6 months — 1 year
Yes
🇬🇪 Georgia
Short-Term Residence Permit (Property Ownership)
$150,000 one-time
1 year
Yes
Yes
🇭🇰 Hong Kong
Entry for Investment as Entrepreneurs
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3 years
Yes
🇭🇰 Hong Kong
New Capital Investment Entrant Scheme
HK$30,000,000 one-time
2 years — Permanent
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🇭🇰 Hong Kong
Quality Migrant Admission Scheme
3 years — 8 years
Yes
🇭🇰 Hong Kong
Top Talent Pass Scheme
HK$2,500,000 / year
2 years — 3 years
Yes
🇮🇳 India
Permanent Residency Status for Foreign Investors
₹100,000,000 one-time
10 years — 20 years
Yes
Yes
🇮🇩 Indonesia
Golden Visa (Global Talent)
$2,000 / month
5 years — 10 years
Yes
No
🇮🇩 Indonesia
Golden Visa (Investor)
$350,000 one-time
5 years — 10 years
Yes
Yes
🇮🇩 Indonesia
Remote Worker KITAS
$60,000 / year
1 year — 2 years
Yes
Yes
🇮🇩 Indonesia
Retirement KITAS
$1,500 / month
1 year — 5 years
Yes
Yes (5yr)
🇮🇩 Indonesia
Silver Hair Visa
$3,000 / month
5 years — 10 years
Yes
🇮🇷 Iran
Investor Residence Permit
€100,000 one-time
2 years — 5 years
Yes
Yes
🇮🇷 Iran
Special Residence Permit for Non-Iranian Elites
1 year — 5 years
Yes
Yes
🇮🇶 Iraq
Investment Residency
No fixed minimum investme...
1 year
No
Yes
🇮🇱 Israel
B/5 Investor Visa
$220,000 one-time
2 years
Yes
🇮🇱 Israel
Innovation Visa for Foreign Entrepreneurs
No minimum capital requir...
1 year — 2 years
Yes
🇯🇵 Japan
Business Manager Visa
¥30,000,000 one-time
6 months — 5 years
Yes
Yes
🇯🇵 Japan
Designated Activities (Long Stay for Sightseeing and Recreation)
¥30,000,000 one-time
6 months — 1 year
Yes
No
🇯🇵 Japan
Digital Nomad Visa
¥10,000,000 / year
6 months
Yes
No
🇯🇵 Japan
Future Creation Individual Visa (J-Find)
6 months — 2 years
Yes
🇯🇵 Japan
Startup Visa
No fixed minimum capital ...
1 year — 2 years
No
🇯🇴 Jordan
Annual Residence Permit Based on Bank Deposit
JOD 10,000 one-time
1 year — 5 years
Yes
Yes
🇯🇴 Jordan
Citizenship by Investment
JOD 500,000 one-time
3 years — Permanent
Yes
Yes (3yr)
🇯🇴 Jordan
Residency by Investment
JOD 200,000 one-time
5 years
Yes
Yes
🇰🇿 Kazakhstan
A6 Investor Visa (Golden Visa)
$300,000 one-time
10 years
Yes
Yes (5yr)
🇰🇿 Kazakhstan
C5 Business Immigrant Visa
No minimum capital for sm...
90 days — 2 years
Yes
Yes (5yr)
🇰🇿 Kazakhstan
Digital Nomad Residency
No minimum income require...
1 year — 10 years
No
🇰🇿 Kazakhstan
Neo Nomad Visa
$3,000 / month
1 year — 2 years
Yes
🇰🇿 Kazakhstan
Permanent Residence Visa for In-Demand Professions
90 days — 10 years
Yes
Yes
🇰🇼 Kuwait
Investor Residency Permit
No fixed minimum — KDIPA ...
5 years — 15 years
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Yes
🇰🇬 Kyrgyzstan
Digital Nomad Status
No fixed minimum income t...
60 days — 10 years
Yes
Yes
🇰🇬 Kyrgyzstan
Investment Visa
KGS 10,000,000 one-time
5 years — 10 years
Yes
🇱🇦 Laos
Investor Visa (NI-B2)
No universal fixed minimu...
3 months — 5 years
Yes
Yes
🇱🇧 Lebanon
Annual Residence Permit (Cash Bond Deposit)
Cash bond of 1,500,000,00...
1 year
Yes
Yes (5yr)
🇱🇧 Lebanon
Permanent Residence Permit (Financial Independence)
Cash guarantee of 4,500,0...
3 years
Yes
Yes (5yr)
🇲🇴 Macau
Major Investment Temporary Residency
No fixed statutory minimu...
18 months — 3 years
Yes
🇲🇴 Macau
Talent Recruitment Residence Permit
3 years — 5 years
Yes
🇲🇾 Malaysia
DE Rantau Nomad Pass
$2,000 / month
3 months — 2 years
Yes
No
🇲🇾 Malaysia
Malaysia My Second Home (MM2H)
MYR 675,000 one-time
5 years — 20 years
Yes
No
🇲🇾 Malaysia
Malaysia Tech Entrepreneur Programme (MTEP)
MYR 50,000 one-time
1 year — 5 years
Yes
🇲🇾 Malaysia
Premium Visa Programme (PVIP)
MYR 1,000,000 one-time
20 years
Yes
🇲🇾 Malaysia
Residence Pass-Talent (RP-T)
MYR 15,000 / month
10 years
Yes
🇲🇻 Maldives
Corporate Resident Visa
$250,000 one-time
5 years
Yes
No
🇲🇳 Mongolia
Investor Visa
$100,000 one-time
1 year — 3 years
Yes
Yes (5yr)
🇳🇵 Nepal
Residential Visa for Investors
$100,000 one-time
1 year
Yes
Yes
🇳🇵 Nepal
Residential Visa for Persons of Exceptional Merit
1 year
Yes
No
🇳🇵 Nepal
Residential Visa for Retirees
$20,000 / year
1 year
Yes
No
🇴🇲 Oman
Golden Residency Program
OMR 250,000 one-time
5 years — 10 years
Yes
Yes
🇴🇲 Oman
Retiree Residence Card
OMR 4,000 / month
5 years
Yes
Yes
🇵🇰 Pakistan
Business-Investor Visa
$50,000 one-time
1 year — 5 years
Yes
Yes
🇵🇰 Pakistan
Long-Term Residency (LTR)
$50,000 one-time
5 years — 10 years
Yes
No
🇵🇭 Philippines
Digital Nomad Visa
$2,000 / month
1 year — 2 years
No
🇵🇭 Philippines
Special Investor's Resident Visa (SIRV)
$75,000 one-time
Permanent
Yes
Yes (10yr)
🇵🇭 Philippines
Special Resident Retiree's Visa (SRRV)
$800 / month
Permanent
Yes
Yes
🇶🇦 Qatar
Mustaqel Visa (Entrepreneur)
QAR 250,000 one-time
5 years
Yes
🇶🇦 Qatar
Mustaqel Visa (Talent)
5 years
Yes
🇶🇦 Qatar
Real Estate Investment Residency
QAR 730,000 one-time
1 year — 5 years
Yes
Yes
🇸🇦 Saudi Arabia
Entrepreneur Residency
SAR 400,000 one-time
5 years — Permanent
Yes
No
🇸🇦 Saudi Arabia
Gifted Premium Residency
5 years
Yes
Yes
🇸🇦 Saudi Arabia
Investor Residency
SAR 7,000,000 one-time
Permanent
Yes
Yes
🇸🇦 Saudi Arabia
Real Estate Owner Residency
SAR 4,000,000 one-time
1 year
Yes
Yes
🇸🇬 Singapore
EntrePass (Entrepreneur Pass)
SGD 100,000 one-time
1 year — 2 years
Yes
🇸🇬 Singapore
Global Investor Programme (GIP)
SGD 10,000,000 one-time
Permanent
Yes
Yes (2yr)
🇸🇬 Singapore
Overseas Networks & Expertise Pass (ONE Pass)
SGD 30,000 / month
5 years
Yes
🇸🇬 Singapore
Tech.Pass
SGD 22,500 / month
2 years — 4 years
Yes
🇰🇷 South Korea
D-10 Job Seeker Visa
Must demonstrate sufficie...
6 months — 1 year
No
🇰🇷 South Korea
Immigrant Investor Scheme for Public Business
₩1,500,000,000 one-time
2 years — Permanent
Yes
🇰🇷 South Korea
Permanent Residence for Overseas Pension Beneficiaries
$6,083 / month
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Yes
Yes
🇰🇷 South Korea
Technology Startup Visa
No fixed minimum capital ...
1 year — 2 years
Yes
🇰🇷 South Korea
Tourism and Leisure Facility Investment Immigration
₩1,000,000,000 one-time
2 years — Permanent
Yes
🇰🇷 South Korea
Workation (Digital Nomad) Visa
$6,083 / month
1 year — 2 years
Yes
No
🇱🇰 Sri Lanka
Colombo Port City Investor Visa
$100,000 one-time
5 years — 10 years
Yes
No
🇱🇰 Sri Lanka
Condominium Investment Visa
$75,000 one-time
5 years — 10 years
Yes
No
🇱🇰 Sri Lanka
Digital Nomad Visa
$2,000 / month
1 year
Yes
No
🇱🇰 Sri Lanka
Golden Paradise Residence Visa
$100,000 one-time
5 years — 10 years
Yes
No
🇱🇰 Sri Lanka
Individual Investor Residence Visa
$100,000 one-time
5 years — 10 years
Yes
No
🇸🇾 Syria
Investment Residency Permit
No fixed minimum threshol...
1 year — Permanent
Yes
Yes
🇹🇼 Taiwan
Digital Nomad Visitor Visa
$40,000 / year
6 months — 2 years
No
Yes
🇹🇼 Taiwan
Employment Gold Card
1 year — 3 years
Yes
Yes (3yr)
🇹🇼 Taiwan
Entrepreneur Visa
NT$2,000,000 one-time
2 years
Yes
🇹🇼 Taiwan
Investor Resident Visa
$200,000 one-time
1 year — 5 years
Yes
🇹🇼 Taiwan
Plum Blossom Card (Investment APRC)
NT$15,000,000 one-time
Permanent
Yes
Yes
🇹🇯 Tajikistan
Investor Visa (Category C)
$500,000 one-time
2 years — 5 years
Yes
Yes
🇹🇭 Thailand
Destination Thailand Visa (DTV)
THB 500,000 / funds
180 days — 5 years
Yes
No
🇹🇭 Thailand
Long-Term Resident Visa (Work-from-Thailand Professionals)
$80,000 / year
5 years — 10 years
Yes
Yes
🇹🇭 Thailand
LTR Visa (Wealthy Global Citizens)
$500,000 one-time
5 years — 10 years
Yes
🇹🇭 Thailand
LTR Visa (Wealthy Pensioners)
$80,000 / year
5 years — 10 years
Yes
Yes
🇹🇭 Thailand
Non-Immigrant Visa (Investment)
THB 10,000,000 one-time
1 year
Yes
Yes
🇹🇭 Thailand
Non-Immigrant Visa O-A (Long Stay)
THB 65,000 / month
1 year
Yes
🇹🇭 Thailand
Non-Immigrant Visa O-X (Long Stay 10 Years)
THB 3,000,000 one-time
5 years — 10 years
Yes
🇹🇭 Thailand
SMART Visa S (Startup)
THB 600,000 one-time
6 months — 2 years
Yes
Yes
🇹🇱 Timor-Leste
Business Visa Class II
No minimum capital thresh...
6 months — 2 years
Yes
🇹🇱 Timor-Leste
Investor Residence Authorization
$1,500,000 one-time
2 years — Permanent
Yes
🇹🇷 Turkey
Citizenship by Investment
$400,000 one-time
5 years — Permanent
Yes
Yes
🇹🇷 Turkey
Digital Nomad Visa
$3,000 / month
1 year
Yes
🇹🇷 Turkey
Short-Term Residence Permit (Tourism Purpose)
$1,200 / month
6 months — 2 years
Yes
🇹🇷 Turkey
Turkiye TechVisa (Startup)
3 years
Yes
🇹🇷 Turkey
Turquoise Card
3 years — Permanent
Yes
Yes
🇹🇲 Turkmenistan
Investor Residence Permit
$500,000 one-time
5 years
Yes
Yes (7yr)
🇦🇪 United Arab Emirates
Golden Visa (Entrepreneur)
AED 500,000 one-time
5 years — 10 years
Yes
Yes
🇦🇪 United Arab Emirates
Golden Visa (Investor)
AED 2,000,000 one-time
5 years — 10 years
Yes
Yes
🇦🇪 United Arab Emirates
Golden Visa (Talented Individuals)
10 years
Yes
Yes
🇦🇪 United Arab Emirates
Green Visa (Freelancer / Self-Employed)
AED 360,000 / year
5 years
Yes
Yes
🇦🇪 United Arab Emirates
Green Visa (Investor/Partner)
AED 1,000,000 one-time
5 years
Yes
Yes
🇦🇪 United Arab Emirates
Job Exploration Visa
Must prove sufficient fun...
60 days
No
🇦🇪 United Arab Emirates
Retirement Visa
AED 20,000 / month
5 years
Yes
No
🇦🇪 United Arab Emirates
Virtual Work Residence Permit
$3,500 / month
1 year
Yes
No
🇺🇿 Uzbekistan
Golden Visa
$250,000 one-time
5 years
Yes
No
🇺🇿 Uzbekistan
Investment Visa
$280,500 one-time
3 years — Permanent
Yes
Yes (5yr)
🇺🇿 Uzbekistan
IT Visa
$2,500 / month
1 year — 3 years
Yes
🇻🇳 Vietnam
Investor Visa (DT1-DT4)
₫3,000,000,000 one-time
1 year — 10 years
Yes
🇻🇳 Vietnam
Special Visa Exemption Card
5 years
No
Yes