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What about domestic assets after immigration?
New investment after identity change: the principle of capital contribution source is adopted, and China has an access and approval system for foreign investment, which can be used for reference by the Safety Review Industry Table and the Industry Guidance Catalogue.
Buying and holding real estate in China after naturalization: overseas individuals can only buy a set of self-occupied houses in China. Overseas institutions that set up branches and representative offices in China can only purchase non-residential houses needed for office work in registered cities. The requirement of purchase is real-name purchase plus valid documents.
Contractual rights and interests after naturalization (deposits, stocks and securities, commercial insurance, etc.). ) In China: contractual rights and interests after naturalization (including deposits, stocks and bonds, commercial insurance, etc.). ) People who used to enjoy national treatment in China will not change because of the change of immigration status.
It should be noted that once the original Canadian passport is changed, all social insurance in China will be invalid. Because the China municipal government stipulates that social insurance is the right of China citizens, not China citizens, they naturally cannot enjoy social security rights. Of course, the balance of social security account funds paid by individuals can be taken away, and the social security branch paid by the original unit will be turned over to the public.
Inheritance and transfer of property
In terms of property inheritance, it means that the property is in China, according to the laws of China, and in Canada, according to the relevant laws of Canada.
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