US and China Agree Ten-Year Visa Term Deal

By Dex Tennyson, for 12 November, 2014

The United States and China have agreed to extend the terms of their tourist and business visas to ten years, from one year, US President Barack Obama has announced.

The announcement was made by Obama at the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Beijing. He said student and exchange visas will also be extended as part of the same deal to five years.

Obama noted that there had been 1.8 million Chinese visitors to the US in 2013, contributing USD21bn to the American economy and supporting 100,000 American jobs. He explained that the agreement could quadruple these numbers.

The President also said that Chinese direct investment in the USA has risen six-fold over the past five years and that deepening ties "will mean more jobs and opportunity for both of our peoples."

Tags: Investment | Business | China | United States | Expats | Visas And Passports | Business Investment | Asia-Pacific |


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