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Home » Visa Schemes » Shanghai’s Startup Visa of China

Description

Duration

12 months

Processing time

Converts to Citizenship after

120 Month(s)

PR after

48 Month(s)

Complexity

Governmental Fees

Requirements:

The following people are eligible to apply to qualify for the business startup visa: Foreign students who have the willingness to innovate and start a business in Shanghai and graduated from a higher education institution in China; Foreigners planning to invest in Shanghai or innovate in business. Excellent overseas graduates from top Chinese universities or world-renowned universities who have been graduated for no more than two years but have made outstanding achievements in innovation and entrepreneurship in Shanghai.

Documents:

Most of the required documents are similar to that required of other types of visa applications. Visa application form, completed and signed.

Cost of living

CountryChina
CurrencyUSD
RestaurantsEdit
Meal, Inexpensive Restaurant3.47
Meal for 2 People, Mid-range Restaurant, Three-course27.71
McMeal at McDonalds (or Equivalent Combo Meal)5.28
Domestic Beer (0.5 liter draught)0.97
Imported Beer (0.33 liter bottle)1.79
Cappuccino (regular)3.36
Coke/Pepsi (0.33 liter bottle)0.46
Water (0.33 liter bottle)0.3
MarketsMarkets
Milk (regular), (1 liter)7.42
Loaf of Fresh White Bread (500g)1.48
Rice (white), (1kg)0.44
Eggs (regular) (12)1.75
Local Cheese (1kg)5.95
Chicken Fillets (1kg)1.63
Beef Round (1kg) (or Equivalent Back Leg Red Meat)5.41
Apples (1kg)0.83
Banana (1kg)0.62
Oranges (1kg)0.72
Tomato (1kg)0.55
Potato (1kg)0.36
Onion (1kg)0.42
Lettuce (1 head)0.64
Water (1.5 liter bottle)0.56
Bottle of Wine (Mid-Range)11.29
Domestic Beer (0.5 liter bottle)0.81
Cigarettes 20 Pack (Marlboro)3.47
TransportationTransportation
One-way Ticket (Local Transport)0.42
Monthly Pass (Regular Price)27.79
Taxi Start (Normal Tariff)1.39
Taxi 1km (Normal Tariff)0.56
Taxi 1hour Waiting (Normal Tariff)6.95
Gasoline (1 liter)4.5
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)20706.24
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)18455.79
Utilities (Monthly)Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment53.77
Mobile Phone Monthly Plan with Calls and 10GB+ Data12.67
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)12.21
Sports And LeisureSports And Leisure
Fitness Club, Monthly Fee for 1 Adult43.57
Tennis Court Rent (1 Hour on Weekend)15.72
Cinema, International Release, 1 Seat6.95
ChildcareChildcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child513.3
International Primary School, Yearly for 1 Child20446.29
Clothing And ShoesClothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)52.99
1 Summer Dress in a Chain Store (Zara, H&M, ...)33.25
1 Pair of Nike Running Shoes (Mid-Range)76.88
1 Pair of Men Leather Business Shoes83.77
Rent Per MonthRent Per Month
Apartment (1 bedroom) in City Centre504.87
Apartment (1 bedroom) Outside of Centre266.14
Apartment (3 bedrooms) in City Centre1133.53
Apartment (3 bedrooms) Outside of Centre557.47
Buy Apartment PriceBuy Apartment Price
Price per Square Meter to Buy Apartment in City Centre663.63
Price per Square Meter to Buy Apartment Outside of Centre352.03
Salaries And FinancingSalaries And Financing
Average Monthly Net Salary (After Tax)939.01
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.67
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