Have there been any changes in medical insurance and pensions after mainland retired residents immigrated to Macao?

China mainland residents can settle down in Macau as long as they invest 6,543,800 patacas to buy properties?

Recently, many people are asking: Macau is the territory of China, so why talk about immigration?

In fact, the investment and settlement in Macao handled by the intermediary is based on the Macao Investment and Residence Law.

According to article 2 (d) of Decree No.200 1/200 1 of the Macao Government. Amended by decree14/95/m. 1February 22, 996. 22/97/M, foreigners or China people with foreign residency can apply for temporary residency if they invest in real estate or other tangible productive assets in Macau for a long time, and the investment amount is not less than MOP/kloc-0.00 million yuan, which can benefit family members and get a seven-year residence permit.

It can be seen that this law does not accept mainland applicants to immigrate directly to Macao. Even applicants with permanent residency in foreign countries are required by the Macao government to show their proof of living in a third country for two years. Moreover, the requirement of investment amount at that time was 2 million yuan.

As a result, the pace of many mainland applicants has been restricted, and the investment immigration policy has not achieved the original purpose of attracting investment and promoting the real estate industry.

1999, after taking office, He Houhua, the chief executive of the SAR, lowered the amount to1100,000 patacas, and no longer required applicants' residence records in third countries.

In this way, it is tantamount to opening the door to mainland applicants. Mainland applicants only need to make a detour, legally apply for a permanent residence permit in a third country through an intermediary agency, and then invest in Macao to buy real estate worth more than 6.5438 million patacas, thus realizing the family's desire to enter Australia.

In addition, real estate in Macao is currently rising. According to reports, it is predicted that property prices in Macao will continue to rise next year, with an estimated increase of 30%.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.