SH raises IIT requirement for working staff Permanent Residence

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According to the latest policy, the annual salary requirement for foreigners applying for working staff Permanent Residence (green card) in Shanghai has been raised, the applicant should have had an annual salary not less than 6 times the average annual salary of urban employees in the previous year in the region, for 4 consecutive years. 

In addition, the applicant must have paid indivudual income tax annually not less than 20% of their salary.

Taking the Shanghai average salary for 2022 as an example, this means that the minimum individual income tax requirement has increased from RMB120K to about RMB173K per year, and will be adjusted annually.

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