Social Security in Shanghai may include Foreigners
According to Shanghai Daily, those PR holders and expatriates working and living in Shanghai are expected to be include in the city’s social security system. Residents of Taiwan, hong Kong and Macau will be included in the benefits as well. Once it’s approved, qualified candidates will be allowed to join the city’s pension, medical and industrial injury insurance system. Source…
Are you looking forward to this? I still remember one of my cousin asked me whether am I going to get a Chinese PR. China is a developing country and it might benefit me in the future. First of all, I’m not going to stay in China for good, so to me, and mayb for most of us Expats, it is totally unnecessary. Furthermore, China has lots of needless rules and regulations that can make business life hard here but work permits and visas are easy.
If you plan to get one, go here. Since 2004, more then 400 foreigners have acquire the Chinese PR. Having a PR enables you to work or doing business in China for 5 years without a visa.
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