Do I need a temporary residence permit to buy a car in Shanghai?
Yes, you need a local residence permit.
Buying a car by mortgage means that the borrower who applies for buying a car pays part of the down payment first, and the lender issues loans to the buyer in installments for the rest.
Application conditions:
1. Have valid identification and full capacity for civil conduct;
2. Can provide a fixed and detailed address certificate;
3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;
4. Personal social credit is good;
5. Holding a car purchase contract or agreement approved by the lender;
6. Other conditions stipulated by the Cooperation Organization.
Application materials:
1. Original ID card, household registration book or other valid proof of residence, and provide its copy;
2. Proof of occupation and economic income;
3 car purchase agreement, contract or letter of intent signed with the dealer;
4. Other documents required by the cooperation agency.
After providing these procedures for buying a car by mortgage, you need to meet some other conditions before you can apply for buying a car:
1. Have valid identification and full capacity for civil conduct;
2. Can provide a fixed and detailed address certificate;
3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;
4. Personal social credit is good;
5. Holding a car purchase contract or agreement approved by the lender;
6. Other conditions stipulated by the Cooperation Organization.
From the above explanation, we can understand that foreigners generally need a residence permit to buy a car, and they also need to meet certain conditions if they want to borrow money to buy a car.
Do I need a temporary residence permit to buy a car in Shanghai @20 19