Foreigners buy a house in Shanghai, and the social security fee is not deducted. Can provident fund loans be approved?
Of course. Foreigners can apply for provident fund loans when buying a house in Shanghai, but they need to meet certain conditions, such as stable income, sufficient repayment ability and adequate protection. In addition, when applying for provident fund loans, social security fees must also be paid, so foreigners need to go through social security payment procedures before applying for provident fund loans.