how can non-local residents enjoy the 3% down payment? It is clearly pointed out in the document that as long as non-local residents obtain residence permits (within the validity period) and have paid personal income tax or social insurance (urban social insurance) for 12 months or more in Langfang within two years before the date of applying for house purchase, the credit policy for house purchase for local residents shall be implemented with reference to relevant supporting documents.
Conditions for foreigners to buy a house in Yanjiao
According to the relevant policies of China, first of all, meet the local housing purchase qualification in Yanjiao. For example, you must have a local social security or tax payment certificate of 2-5 years in Yanjiao. Qualified, provide ID card, household registration book, marriage certificate, temporary residence permit, social security or tax payment proof materials, etc. The conditions for foreigners to borrow money from banks in Yanjiao to buy a house are as follows:
1. Agree to use the purchased house as collateral. The borrower's age and loan period in Yanjiao shall not exceed 65 for men and 6 for women.
2. Have full capacity for civil conduct. Have permanent residence or valid residence status in China. Must pay a down payment of not less than a certain percentage of the total price of the purchased house.
3. Of course, it is more important to have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan. Has signed a contract or agreement to buy a house.
Legal basis
Article 8 of the Civil Code of the People's Republic of China * * * When engaging in civil activities, civil subjects shall not violate the law, public order and good customs.