1. As long as people from China (except Hong Kong, Macao and Taiwan) can buy a house on the land of the motherland, there is no need to provide anything extra. It is only now that the state has introduced macro-control policies to restrict people from other provinces and cities from speculating in real estate in other cities, so the current banking policy for foreign buyers has two aspects:
1) Like the local policy, provide proof of working in the local area for more than one year, tax payment certificate or insurance payment certificate (that is, five insurances).
2) If you can't provide the above documents, you can also apply for a mortgage by providing a one-year residence certificate. However, it is necessary to pay 10% more down payment than the local situation, and the mortgage interest rate will rise by 10% (that is, down payment+1, interest rate+10%).
2. One parent buys a house under the name of 55 years old and applies for a mortgage in Chongqing. Now commercial banks (such as China Merchants, People's Livelihood, Shenzhen Development Bank, etc. ) can be mortgaged to 70 years old, that is, your parents can mortgage 14 years.
The first person who answered about the transfer of the property to your name was right. You can see in the following document that you belong to the first case. However, before your parents' mortgage is paid, your property is mortgaged. According to Article 68 of the Judicial Interpretation of the Guarantee Law, if the collateral is inherited or donated according to law, the mortgage right will not be affected. ) So it means that if your parents give it to you, you have to meet one condition, that is, you have to borrow money from the bank. At this time, "remortgage" will still face difficulties, because as far as I know, banks in Chongqing have stopped remortgage, and there is only one way for you to remortgage this house. The steps are as follows:
1) Parents repay the loan in advance and cancel the mortgage (for example, the loan is 200,000 yuan, which will be paid in one lump sum).
2) Parents give you an "innocent" house.
3) You mortgage the "innocent" house again and set out the loan money.
To sum up, there are two solutions.
1. Try a small bank in Chongqing and try to buy it yourself (as long as the bank has friends, even if you are a foreigner, he can help you get the same down payment and the same interest rate).
2, parents buy, but don't rush to turn around in a few years, and then turn around when the money is almost the same. (Of course, if you have many children, you should also use it with caution. There are many things to divide parents' property these days. )
Check the documents and pay attention to the documents you want to provide, which are notarial certificates of kinship.
The Notice on Personal Income Tax on Individual Donations of Houses issued by the Ministry of Finance points out that in three cases, the house property rights are donated free of charge, and neither party will levy personal income tax.
The full text of the housing gift notice is as follows:
1. Personal income tax of both parties shall not be levied in the following cases of free gift of house property rights:
(1) The property owner gives the property to the spouse, parents, children, grandparents, grandparents, grandchildren, grandchildren, brothers and sisters free of charge;
(two) the owner of the house property gives the house property to the supporter or the supporter who has the direct maintenance or maintenance obligation;
(three) after the death of the owner of the house property, the legal heir, testamentary successor or legatee who has obtained the house property according to law.
Two, the two sides of the gift for tax exemption procedures, should submit the following information to the tax authorities:
(1) Relevant certification materials specified in Article 1 of the Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Strengthening the Tax Administration of Individual Donation of Real Estate in Real Estate Transactions (Guo Shui Fa [2006]144);
(2) Provide valid identification for both parties;
(3) Under the circumstances specified in Item (1) of Article 1 of this Notice, a notarial certificate (original) on the relationship between the donor and the donee issued by a notary public shall also be provided.
(4) In case of the circumstances specified in Item (2) of Article 1 of this Notice, a notarial certificate of dependency or dependency issued by a notary office (original) or a certificate of dependency or dependency issued by a township government or sub-district office shall also be provided.
The tax authorities shall carefully examine and verify the above information provided by both donors. If the information is complete and filled in correctly, they shall sign and seal the Registration Form of Personal Donation of Real Estate for Free, copy and save it, and return the original to the author. At the same time, go through the formalities of personal income tax exemption.
3. Except as stipulated in Article 1 of this Notice, if the property owner donates the property to others free of charge, the donee shall pay individual income tax according to "other income determined by the financial department of the State Council" at the tax rate of 20%.
4. When individual income tax is levied on the house donated by the donee free of charge, the taxable income shall be the balance of the value of the donated house marked in the real estate donation contract minus the relevant taxes paid by the donee in the process of donation. If the value of the house indicated in the gift contract is obviously lower than the market price or the real estate gift contract does not indicate the value of the house, the tax authorities may determine the taxable income of the donee according to the market evaluation price of the donated house or other reasonable means.
5. If the donee transfers the donated house, the balance from the transfer of the donated house after deducting the actual purchase cost of the house obtained by the original donor and the relevant taxes paid by the donee in the process of donation and transfer shall be the taxable income of the donee, and personal income tax shall be levied according to law. If the price of the donated house transferred by the donee is obviously low without justifiable reasons, the tax authorities may verify the transfer income according to the market evaluation price of the house or the price determined by other reasonable means.
Six, this notice from the date of promulgation.
Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China, May 25th, 2009