Nowadays, many people work in the field for a long time. In order to improve their living conditions, they will buy houses in other places. The policies for foreigners to buy houses are different from those for locals, so what are the new policies for foreigners to buy houses in Chongqing? Let's have a look!

New policy of foreigners buying houses in Chongqing

1. Foreigners who buy a house in Chongqing can enjoy the same preferential policies as locals if they buy the house in full. If you buy a house with a loan, you need to provide proof of paying social security 1 year or more before you can apply for a loan to buy a house.

2. The interest rate discount for the first suite can be applied for different discounts according to the personal credit information. Some first suites need a down payment of 30%, and the interest rate can be applied for a 10% discount. The down payment for the second suite is 40%, and the interest rate is raised 10%.

What conditions do foreigners need to meet when buying a house in Chongqing?

1. When foreigners borrow money to buy a house in Chongqing, they need to provide local tax payment certificates and continuous social security payment certificates for more than 1 year. If they pay in full, don't provide these certificates.

2. If you are not a Chongqing resident and cannot provide relevant certificates (tax payment certificate or social insurance certificate), the bank will suspend the issuance of housing loans. Therefore, Chongqing's purchase restriction order lies in "restricting loans".

It is understood that the threshold for foreigners to borrow money to buy a house in Chongqing is relatively high. If the formalities are incomplete, it will be counted as the second suite. When a bank borrows money from a different place to buy a house, it must have proof of tax payment and social insurance payment, as well as proof of income and other materials. If foreigners can't provide complete procedures, some large state-owned commercial banks will directly handle the second home loan, with a down payment of 50% and an interest rate increase of 1. 1 times.

In the face of foreign buyers, the bank will first explain the loan application conditions and other matters to the customers. If the customer insists on purchasing, it is necessary to sign a tripartite exemption contract, which states that the loan cannot be approved, and the agreement can be automatically dissolved to avoid disputes.

Bian Xiao concluded: The above is the new policy about foreigners buying houses in Chongqing. I hope it will help everyone! Foreigners need many conditions to buy a house in Chongqing. If you want to buy a house in Chongqing, you must be prepared in advance.

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