The conditions for Shanghai companies to buy houses are as follows:

1. Consumers must have legal and valid ID cards, household registers, and identity certificates. If you have a foreign household registration, you can buy a house in Shanghai with your family household registration, but you must provide social security or tax bills paid for thirty-six months within five consecutive years;

2. Whether it is a second-hand house or a new house, People with out-of-town residence registration can only buy one house locally. At the same time, these conditions need to be met: The down payment of the home buyer must reach 30% of the total amount. The home buyer’s family members do not have any record of buying a house in other places. However, if the home buyer has already bought a house in other places, the down payment must be 70% of the total amount of the house. If the loan for the first home has been paid off, the local policy for purchasing the first home can be followed;

3. The home buyer must have good credit, stable income, be able to repay the loan on time, and finally must meet other conditions stipulated by relevant departments;

4. If it is a non-Shanghai Citizens of Shanghai must pay social security for at least 5 consecutive years to be eligible to buy a house. If one of the spouses is a Shanghai citizen, they can buy the first home, but the second home requires 5 years of social security or personal income tax certificate;

5. Both husband and wife are Shanghai nationals, and if the couple and their parents own less than or equal to 2 houses before January 30, 2011, they can buy 2 more houses. If they own 3 houses, they can buy 1 more house;

6. It is relatively easier for married people to buy a house, but non-Shanghai residents must also provide social security certificates for five consecutive years. However, there are no restrictions for married Shanghai residents to buy their first home. Of course, in order to prevent some people from speculating, there are also corresponding restrictions on the number of houses owned by a family.

Notes for foreigners buying a house in Shanghai:

1. Choose a suitable property based on your actual income, and plan well to avoid additional burdens due to financial reasons;

2. Learn about real estate and the policies for buying a house in Shanghai;

3. Find a reliable intermediary company;

4. If you plan to If you use a loan to buy a house, in addition to preparing the down payment, you must also prepare for subsequent expenses and maintain a stable income.

To sum up, the personal income tax and social security period for non-Shanghai households buying a house: Social security and personal tax must be paid for 5 consecutive years before buying a house in Shanghai. Re-trading of commercial housing purchased by an enterprise: three years are required. If the transaction object is an individual, Xinhesan must follow the purchase restriction policy.

Legal basis:

Article 5 of the "Notice on Issues Concerning the Implementation of Housing Sales Restrictions and Other Policies in Shanghai"

Purchasing a house in violation of the sales restrictions , if the contract has been filed but has not yet gone through advance notice registration or transfer registration, advance notice registration or transfer registration will no longer be accepted. If advance notice registration or transfer registration has been made but transfer registration has not been made, transfer registration will no longer be accepted. If transfer registration has been made, relevant transfers and transfer registrations shall not be accepted. Exceptions are made for mortgages and other situations where the registration bank realizes the mortgage rights. If advance notice registration or transfer registration is not accepted, the trading center will issue a "Notice of Not Accepting Real Estate Transactions and Transfers." The above situations that should be restricted should be noted in the transaction registration system.