For example, the conditions for foreigners to buy a house in Beijing are:
1. Agree to use the purchased house as mortgage guarantee. The age of the borrower, plus the loan period, shall not exceed 65 for men and 60 for women. Having full capacity for civil conduct; Have permanent residence or valid residence status in China.
You must pay a down payment of not less than a certain percentage of the total price of the house purchased. Have stable professional and economic income, good credit, and the ability to repay the principal and interest of the loan. Has signed a house purchase contract or agreement.
For example, the procedures for foreigners to buy a house in Beijing:
1. Simply put, foreigners who are not registered in Beijing want to buy a house with 70-year property rights in Beijing. First of all, they must meet social security or tax payment for five consecutive years. Social security payment for 5 years means 60 consecutive months from the month of purchase, and the individual tax is pushed forward for 5 consecutive years from the year of purchase, and the individual tax can be paid every year for 1 month.
2. Provisions on quantity. In Article 15 of Beijing promulgated by xx, it is clearly stipulated that Beijing registered families (including families of active servicemen and armed police stationed in Beijing, families with valid xx work residence permit) have 1 apartment.
Non-xx registered families who hold valid temporary residence permits in xx, have no housing in xx and have paid social insurance or personal income tax continuously in xx for more than 5 years (inclusive) are restricted from purchasing 1 house. Provisions on accounts. If you don't have an account in xx, and you don't have a tax payment or social security certificate for five years or more, even if you have more money, you can't buy a house in xx.
3. Documents and procedures required for the transaction. Assessment-tax payment by local taxation bureau-deed tax payment by financial deed tax collection office-core transfer of real estate registration.
The process evaluation of mortgage transfer-the buyer and seller apply for mortgage in the bank-the local tax bureau pays taxes-the financial deed tax collection office pays deed tax-the core transfer of real estate registration-mortgage registration-it takes 44 working days for the bank to lend money to the owner.