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Conditions for foreigners to buy a house in Jinan in 2018

Families with non-household registration in Jinan are limited to purchasing one unit, with a down payment of RMB 60 for the first unit.

According to Article 3 of the "Notice on Further Improving Control Measures to Promote the Stable and Healthy Development of the City's Real Estate Market" issued by the Jinan Municipal Government, households registered in this city already own a house or have a housing loan record. Any application for a housing loan is regarded as a second home loan, and the down payment ratio is increased to 60%. Among them, the maximum term of commercial mortgage loans is shortened to 25 years, and the provident fund loan interest rate is 1.1 times the benchmark interest rate.

Suspend the issuance of provident fund loans to households that have used housing provident fund loans twice or more. The policy of withdrawing housing provident funds based on proof of payment of residential maintenance funds has been cancelled. The down payment ratio for housing loans for non-local registered households has been increased to 60%, and the maximum term of commercial mortgage loans has been shortened to 25 years.

Extended information:

"Notice on Further Improving Regulatory Measures to Promote the Stable and Healthy Development of Our City's Real Estate Market" Article 4 Houses purchased within the purchase restriction area from the date of implementation of this notice , it can be listed and traded only after obtaining the real estate certificate for 2 years.

Article 5: Strictly investigate and punish in accordance with the law illegal and illegal activities such as holding back on sales, speculating on housing prices, creating and spreading false news, publishing false housing listings and price information, and deceiving consumers in transactions. The development companies and intermediaries involved in the case will be dealt with strictly in accordance with the law once verified. The development companies will stop pre-sale and online signing, and will not be allowed to participate in land transactions in this city within 2 years. The intermediaries will have their business license revoked and be included in the "blacklist" of untrustworthy companies. .

Zhangqiu People's Government - Regarding further improving regulatory measures to promote the stability of our city's real estate market