Shanghai Residence Permit Social Security

Of course, you need to have paid social security continuously in order to apply for a residence permit.

1. What are the benefits of a Shanghai residence permit?

Answer:First of all, you can enjoy medical insurance in Shanghai during the period of payment, which is the most important, or not wait for you to go back, you will have a serious illness, and the money earned are spent. The second provident fund can be taken out in full, the amount is not subject to the impact of your transfer, with this, you also have the qualification to have a provident fund loan in Shanghai, its interest rate is 1 percentage point lower than the commercial loan, the loan on the 20 years of this interest-bearing difference is tens of thousands of dollars. Thirdly, the current social security account is considering the issue of transferring from one place to another, although it is not solved now, but decades later I believe it has been solved. The goal is to have the account go with the person, pay more and get more. Fourth, according to the current Shanghai policy, after 7 years of applying for a residence permit, it can be transferred to a Shanghai account. This will give you an advantage in terms of childcare and schooling.

2. Do I need a residence permit to buy a house in Shanghai?

Answer:You don't need one. Foreigners only need to fulfill the following two conditions to buy a house: two years of social security in three years; and marriage.

3. How to apply for a residence permit in Shanghai? What materials do I need to provide?

Answer: (1) Domestic and foreign people with undergraduate education or special talents who come to Shanghai to work or start a business in a form that does not change their domicile or nationality can apply for a Shanghai Residence Permit in accordance with the "Interim Provisions on the Implementation of the Shanghai Residence Permit System for the Introduction of Talents".

Those who can apply for the Shanghai Residence Permit include the following domestic and foreign personnel:

1. For the talents who originally hold the Work Permit for Introduced Talents, and continue to be employed by the employer after the assessment, they can apply for the Residence Permit in accordance with the conditions of the Residence Permit; and for the people who come to Shanghai for investment and entrepreneurship, and meet the conditions of the Residence Permit, they can be granted the Residence Permit.

2. Foreign talents, foreign nationals and overseas students who have obtained permanent (long-term) residence rights in Shanghai will be granted residence certificates if they apply for entrepreneurship and work in Shanghai.

3. For those who come to work or start a business in Shanghai in accordance with the "Implementation Measures of Shanghai Municipality for Attracting Excellent Domestic Talents to Work in Shanghai", and who are restricted from obtaining Shanghai household registration due to the implementation of the annual talent development catalog, they can apply for a "residence permit" to solve the problem. For those who have obtained a bachelor's degree but not a degree, a title of associate degree or above but have served for less than 3 years, and have signed an employment (labor) contract with a Shanghai employer for less than 3 years, they will be given a Residence Permit.

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