William Bao Bean |
The South China Morning Post:
Another key piece of the start-up puzzle is access to talent. While Hainan introduced a visa free policy in May 2018, allowing visitors from 59 countries – including the US, the UK, France, Germany, and Japan to stay for up to 30 days – a tech hub it needs more engineers, not beachgoers.
So the red tape previously involved in getting a working visa has been streamlined for professionals. “If you’re a foreigner without a bachelor’s degree and you want to start up something in China, it’s almost impossible for you to get a working visa in big cities like Beijing, but it’s possible to get one in Hainan,” said William Bao Bean, a general partner at SOSV.
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