Mainland parents still willing to exploit loopholes in one-child policy
Fiona Tam:
How much are you willing to pay to have a second child with Hong Kong residency rights or American citizenship? That's the question Shenzhen authorities asked the city's residents when they introduced heavy fines this year for those who exploit loopholes in the mainland's one-child policy and give birth overseas.
Since Tuesday, Shenzhen permanent residents have faced fines of at least 219,000 yuan (HK$270,000) for giving birth to a second baby, whether in Hong Kong, the US or another foreign country. The amount is six times the city's average annual income last year but it can increase sharply if the parents' annual income is higher.
Rich couples earning more than 73,000 yuan a year will be required to pay an extra amount equal to twice the difference. For example, a couple earning 500,000 yuan a year could be fined 1.07 million yuan for their second child, including the basic 219,000 yuan fine and 854,000 yuan in additional fines.
Posted by Jim Zellmer at January 10, 2013 1:15 AM
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