Guangzhou is a city with a very large population flow. In life, many people will choose to go to Guangzhou to work hard, or even buy a house and settle in Guangzhou. However, there are conditions for foreigners to buy houses in Guangzhou.
According to Guangzhou’s purchase restriction policy, foreigners who purchase a house in Guangzhou need to pay social security or personal income tax for five consecutive years without interruption. They are limited to purchasing one house in this city. Except for Zengcheng and Conghua districts, which do not have purchase restrictions, other urban districts in Guangzhou implement purchase restriction policies. It should be noted that outsiders can buy one in Zengcheng and Conghua, Guangzhou. There are no social security restrictions, but they can only buy one.
Three ways to avoid paying social security for five years
1. Buying a house in an area with no purchase restrictions
According to relevant policies, foreigners who do not have a Guangzhou household registration can If you buy one in Zengcheng District or Conghua District, Guangzhou, there are no social security restrictions.
2. Obtain house purchase quotas in special areas
Major areas in Guangzhou often open purchase restriction quotas. In areas where purchase restrictions are open, foreigners do not need to pay social security for five years or hold a Guangzhou household registration when buying a house.
But generally, in order to obtain the housing purchase quota, you need to obtain an intermediate professional title certificate.
3. Settling in Guangzhou
Setting in Guangzhou is the best way for non-locals to buy a house in Guangzhou.
When you buy a house after obtaining the Guangzhou household registration, you can not only buy 2 houses, but also get commercial loans and provident fund loans!
Things to note when foreigners buy a house in Guangzhou
1. When purchasing, it is necessary to fully establish clear information channels and fully understand the overall current situation and property rights of the house being purchased. If the property rights are not clear, it will easily bring unnecessary lawsuits and disputes to yourself. You can ask the seller to provide all legal documents about the house, including the house ownership certificate, ID card, and other materials.
2. The house purchased must be legal and can be traded on the market. After reaching the intention to purchase, both parties must sign a sales contract, which clearly states the location of the house, property rights and other relevant information in the contract and signs the contract in triplicate.
3. When purchasing, you can also apply to the relevant departments for real estate transaction management to review the property rights of the house and whether it meets the conditions for listing and trading. If you fail to pass the review, it is not recommended to buy such a house. It will cause you a lot of trouble after buying it. After the review results are passed, the contract will be signed and the money will be delivered. Because some property rights are unclear or there are people with the same property rights, as long as one property owner does not agree to the transaction, the property cannot be issued a property certificate.
Legal Basis
"Notice of the Ministry of Housing and Urban-Rural Development on Issues Concerning Further Improving the Regulation of the Real Estate Market"
6. Strengthening public opinion guidance and expectation management< /p>
All localities must fully implement the online signing and filing system for housing sales contracts and regularly release authoritative information; strengthen policy interpretation and market information disclosure, promptly clarify misunderstandings, and positively guide public opinion. Strictly crack down on the use of self-media public accounts and other online media to exaggerate the rise in housing prices and spread false information, so as to create a good atmosphere of public opinion and stabilize market expectations.