When it comes to Chongqing, I believe friends are familiar with it, especially the hot pot, which makes everyone linger here. Of course, many people will buy houses here, but if the buyers are outsiders and want to get a loan, To buy a house in Chongqing, you need to provide proof of continuous payment of social security for more than one year before you can apply for a loan to buy a house. So what are the latest policies for house buying in Chongqing? Let’s take a look with the editor.

What are the latest policies for purchasing houses in Chongqing

Starting from July 1, 2018, the land value-added tax rate for non-ordinary houses, businesses, etc. will be adjusted from 2 to 3.6; it will be stopped at the same time Ad valorem or rent-based property tax policies are adopted for investment properties based on the lowest principle; in addition, there are preferential tax policies for deed tax for individuals purchasing the family's only or second home, and personal income tax for individuals transferring the family's only living home. Medium; Finally, the financial subsidy policy for individual first-time home purchase mortgages will no longer be implemented.

What are the new policies for foreigners to buy houses in Chongqing?

If you use the full amount to buy a house, it is no different from buying a house with locals. At the same time, you do not need social security and tax certificates; if you use a loan, Methods, you can apply for different discounts based on your personal credit profile. For some items, the down payment for the first home requires 30%, and you can apply for a 10% discount on the interest rate. For the second home, you can apply for a 40% down payment, and the interest rate will increase by 10%. In addition, the benchmark interest rate for commercial loans is 4.9, The benchmark interest rate for provident fund loans is 3.25.

What conditions do foreigners need to meet to buy a house in Chongqing?

1. First, you need to provide local tax certificates for more than one year. Of course, if you pay in full, you do not need to provide these certificates. Of course, if If relevant proof (proof of tax payment or proof of payment of social insurance) cannot be provided, commercial banks will suspend the issuance of housing loans. Therefore, Chongqing’s purchase restriction order is about “limiting loans but not limiting loans”.

2. According to relevant data, if outsiders want to buy a house in this place, the threshold will be relatively high. For example, if the procedures are not complete, they will not be counted as a second set. At the same time, not only tax certificates and social insurance payments are required Proof of income and ability to repay are also required. Some large state-owned commercial banks will directly handle customers who cannot provide complete procedures with a down payment of 50% for a second home loan and an interest rate increase of 1.1 times.

Summary: Well, the above is an introduction to what are the latest policies for house purchase in Chongqing. I hope to provide you with some help. I believe that in the future, friends, in the process of what are the latest policies for house purchase in Chongqing? You will be more comfortable and get answers you are satisfied with.