1.What is an "entrepreneurship visa"?

Strictly speaking, the "entrepreneurship visa" is not a brand-new visa category in a passport, but rather an "entrepreneurship" endorsement on a foreigner's residence permit.

It is mainly aimed at recent foreign graduates from key domestic universities. After the applicant submits the required materials, relevant authorities will conduct a comprehensive assessment, and the visa will be issued after review and approval by the exit-entry administration department of the public security organ, along with entrepreneurial support.

With the permit, international youth can legally reside and carry out entrepreneurial activities within the validity period.

2. Why is an "entrepreneurship visa" necessary?

In the past, obtaining a work visa required two years of work experience, and this policy threshold restricted international youth from staying and prospering in Hunan.

In 2023, Hunan took the lead nationwide in launching the "entrepreneurship visa" system, issuing visas to outstanding foreign graduates with motivation and resources, and providing entrepreneurial guidance and support to them. Changsha was the first city in Hunan Province to issue an "entrepreneurship visa."

Compared with the previous restrictive process of "finding a job first and then getting a visa," the "entrepreneurship visa" is equivalent to opening a green channel for foreign talent to "start a business first, and then seek development."

In the past, most foreigners coming to Hunan followed the path of "study-employment" or "corporate expatriation," and relatively few truly came to Hunan to start businesses as individuals.

A small change in a document lowers the threshold and sends a message of sincerity: Welcome to Hunan and come and try your luck here.

Chinese source: ftz.hunan.gov.cn