before you can apply for a permanent residence visa you have to be here for at least 5 yrs.
then you can apply for that one which is really good for 10 years at a time.
this is what i was told bt the head man at the PSB building in Guangzhou were everyone from
all over comes to and applies for visa's
This is where there seems to be confusion.
There are 2 types of residence permits.
1) One is a "temporary" permit....initially granted for a length of 6 months, but no longer than 12 months.
2) A permanent residence permit, also sometimes called a D-Visa as well, that grants residence for 10 years.
You are correct, I cannot get the 2nd one. However I can with proper planning get the first one as my company "invitation letter" describes my needs as long term research for business opportunities that will require me to be in the country for 6-12 months as I seek business partners and inspect the quality of products for export. I spoke with an international company that am a dealer for and I was told that several of their staff were able to obtain the TEMPORARY permits such as the one I seek. Once issued I will be able to stay for a minimum of 6-months, which will give me some peace of mind and allow me to focus on both my relationship and my business without the hassles of re-entry every month.
One thing that they do weigh on for issuing a permit is my ability to support myself while I am living there. It was told by me that a good gesture that you will be doing business and can pay your bills while there is to have my company open a bank account. I have investigated this as it appears that indeed there is some merit to this, so I will setup an account and transfer $25,000 upon my arrival and before I apply for the residence permit in a good faith effort to prove that I am serious. Besides....I will need a bank account anyway so its not a big deal.