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Much of the literature concerning international investment focuses on the movement of capital or trade flows and does not cover the persons who migrate with the capital, even though in a globalizing economic system new conditions emerge for the international migration of capitalists. On the one hand, capital owners have been recruited directly by business migration programmes in countries such as Canada, Australia, and the US. On the other hand, global economic restructuring, one part of which entails increasing foreign direct investment from a wider range of countries, has induced the migration of an entrepreneurial/managerial class. This article analyses the relation between the mobility of capital and of entrepreneurs by investigating Taiwan's capital‐linked migrations. It aims to show that people can integrate migration and capital investment as a strategy to best serve their interests. Although their moves are mediated and constrained by different migration channels (governmental policies, recruitment agencies, transnational corporations, etc.), capital‐linked migrants are not passive players in international migration systems. They actively position themselves with regard to migration channels and select active strategies that best suit their objectives. Sometimes immigration serves capitalists' interest in capital accumulation, at other times capital investment serves as the means for securing a second nationality. In this way, Taiwanese capitalist mobility has been incorporated into the open‐ended logic of flexible capitalism itself. Such understanding of the processes of capital‐linked migration and its implications contribute to new theories of the relationship between international flows of capital and international migration.

Today various countries actively promote business migration programs to bring in more resourceful immigrants, thereby increasing immigration channels for people with physical capital. How to match the right migrants with the right destinations has become a business niche for private agencies. In this article, I analyze the impact of the immigration industry on the immigration process, based on a case study of Taiwanese business immigration. Immigration consultants have facilitated recent Taiwanese business migration by increasing awareness of business migration programs, providing needed assistance and organizing the actual migration process. The involvement of immigration consultants in facilitating the migration of the wealthy class represents one of the outstanding characteristics of the so-called "new Asian migration." Data are mainly from various documentary sources and in-depth interviews with immigration consulting firms.

Both in their choice to settle in predominantly noncoethnic neighborhoods and in their economic development, recent Taiwanese immigrants in Los Angeles represent a fundamental break with the past. It is this new type of economic development that brings an unprecedented impact on the society at large. However, these unique features of Taiwanese immigrant business and their implications to the host society remain understudied. Quantitative as well as qualitative methods were employed in this study. The data were obtained from document files, field observations, in-depth interviews, U.S. census data, and a telephone survey of 310 Taiwanese business owners in the greater Los Angeles area. The data analysis closely examined entrepreneurial process, ethnic integration, and industrial diversity among Taiwanese immigrant businesses. Provided with entrepreneurial capacity, Taiwanese enterprises grow rapidly within the context of Los Angeles's economic restructuring and dependency on Asian Pacific trade.

Although more Japanese companies are recruiting foreign employees, few studies have paid attention to foreign workers' struggles in the workplace and their perceptions of their career over the long term. This study qualitatively explores the experiences of Asian and European locally hired white-collar employees in Japanese firms. It finds that although their numbers are rising, foreigners struggle with Japanese firms' expectations for foreigners to assimilate regardless of nationality or ethnicity. Overall, firms focus on the assimilation of foreign employees. Thus, while the migrants are hired as "global talents," Japanese firms expect them to act like local workers.