Immigration and Investment Visa Options Amidst Rising Global Tensions: Taiwan News Group

2023-10-25 06:30:05
2023-10-25 02:30 Taiwan News Group/Taipei 25th

The Israel-Kazakhstan war is in the ascendant, and U.S. President Biden has proposed an additional budget of more than 105 billion U.S. dollars to Congress to support Ukraine, Israel, and Taiwan. After the war between Ukraine and Russia, the war between Ukraine and Russia, and the war between Israel and Kazakhstan, the choice between peace and war has become the focus of the 2024 election. However, some people have already “voted with their feet” and Taiwan has also ushered in the most “feeling” wave of immigration in 30 years. .

“Now it really feels like the Taiwan Strait Crisis in 1996.” Mr. Xu, who has been working in an immigration moving company for 30 years, observed that in the past year, the number of cross-border moves in Taiwan has increased significantly. In particular, immigration thresholds in various countries have increased, and many people have moved their families before they have obtained status.

Do not enter a dangerous country, and do not live in a chaotic country. The British “Economist” magazine used Taiwan’s radar map on its cover in 2021, calling it “the most dangerous place on earth.” Once upon a time, the Taiwanese people had transformed their psychological fear of war danger into practical actions.

In August last year, when Pelosi, the then Speaker of the U.S. House of Representatives, came to Taiwan, amid China’s military exercises and cross-strait tensions, a retired father in the north applied for a passport to the Caribbean island country of Grenada for three generations of his family. The father said that his two sons were both in their 20s and one had just given birth to a child. “They are both still in the military service. If they are drafted in the future, they will go to the battlefield.” They first obtained the island country’s express passport, and then Assessing English-speaking countries, we are still deciding between the United States, Canada, and Australia.

“It’s too late to wait any longer.” In March this year, a family of three in Taipei applied for a Japanese residence permit from another immigration company. The father is a high-net-worth Taiwanese. He originally planned for his children to study abroad when they were in college. However, he has seen cross-strait relations deteriorating recently. , “It would be fine if it were me, but he is still young and has a long life ahead of him.” He did not want to grow up in a war environment, so the whole family applied for plans to go to Japan for the primary 1 son a full 10 years in advance.

Zhang Lingqi, general manager of China Immigration Consulting Company, explained that Grenada is a small island in the Caribbean. This type of island country is very popular in the immigration market. Most of them only need to donate more than 100,000 US dollars to get a passport in one step. Compared with other countries where you must first obtain a permanent residence permit and then obtain a passport during your stay, people from advanced countries around the world will also first obtain an island country passport. Traveling to the EU is visa-free, which is very convenient.

“Instead of talking regarding immigration, it is better to say ‘buying an insurance policy.'” Zhang Lingqi said that the number of inquiries and applications for immigrant visas has increased by regarding 30% in the past year. Most customers do not “immigrate immediately”, but when people find out that “it turns out that the war left “When we are so close”, it is always “more secure to get visas or passports from other countries first”; immigration has significantly decreased. In the past, there were more than 20 transactions a month, but now 3 or 5 a month is a lot.

Bell International Consulting CEO Chung Yaosheng also said that the immigration business has plummeted in the past year, and Hong Kong and Macao people coming to Taiwan have been restricted. The ruling party’s Hong Kong and Macao policy has stagnated; even if Europe and the United States want to invest in Taiwan, Taiwan’s investment review is relatively unfriendly. In terms of emigration, Chung Yaosheng said that the demand has increased significantly since the middle of last year. Immigrants may not immigrate immediately, but they may try to obtain status in another country first. “In case of cross-strait war, there is a second option.”

Instability across the Taiwan Strait brings economic risks, and the industries left behind will not fare well. Xinfeng, a manufacturer that supplies floor mats and commercial floor mats for the world’s major automobile brands, has an empty factory on weekday followingnoons, with a few operators operating machines; the downstream textile industry has already moved to Cambodia and Kenya, pursuing Cheaper labor costs.

In recent years, the trade war between China and the United States has not benefited the industries that remain in Taiwan. Chen Shiwen, chairman of Xinfeng Enterprises, who is also a director of the Textile Development Association, smiled bitterly. Customers will not place orders from Taiwan without an order from the US government. He put it bluntly, “If Taiwan is regarded as a war-torn country, let alone a war, it will be over if it just blocks the coastline.”

“Taiwan still needs to cooperate with the mainland if there is a chance.” Chen Shiwen often deals with the government. He said that if ECFA is suspended, Taiwan will suffer great losses and the impact on the mainland will be limited. If ECFA is not needed, the government must make it clear. “Officials all know it, but Will it be conveyed to the higher authorities…” He smiled bitterly, “Some political parties will not hold elections unless they talk regarding China.” Taiwanese people will not put all their eggs on the mainland, but in Taiwan, “it seems that there are no salmon returning home. Mainland investment is a crime.”

Tainan’s Xiangding Industrial Co., Ltd. mainly manufactures and exports welding nuts. It is still a favorite manufacturer in the European and American automobile industries, supplying famous car brands such as Ford and Volkswagen. Xiangding’s products are highly unique and have customers all over the world, so they have not been affected by ECFA. However, when the labor shortage crisis spreads across various industries, Xiangding is also eroded.

Sunfeng Enterprise Co., Ltd. is the world’s major professional manufacturer of automotive floor mats and commercial floor mats. Chairman Chen Shiwen said in an interview, “If Taiwan is regarded as a war-torn country, let alone a war, it will be over if the coastline is blocked.” , “Taiwan still needs to cooperate with the mainland if there is an opportunity.” (Reporter Huang Zhongyu/Photography)

Xue Wenxiang, chairman of Xiangding Industrial, has a solution in mind: “Vietnam’s industry is beginning to flourish, and Thai and Indonesian workers are no longer coming. The mainland is short of jobs and Taiwan is short of manpower. Just come from the mainland. The language is fluent and it is the most convenient. Meet Taiwan’s needs.” Xue Wenxiang knows that it is not that easy. Although he just wants to make a living, “the government has been too ideological in the past eight years,” and he is afraid that the government will not like to hear it.

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