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Can Hangzhou buy a house and settle down?
With the rapid economic development in Hangzhou, more and more people choose to buy real estate in Hangzhou. For some foreigners, buying a house is not only for investment, but also for settling in Hangzhou. So, can Hangzhou buy a house and settle down? This article will introduce Hangzhou's settlement policy and the operation steps of buying a house in detail.

I. Hangzhou Settlement Policy

1. Overview of Hangzhou Settlement Policy

According to the Implementation Opinions of Hangzhou Municipal People's Government on Further Improving Population Management, qualified personnel can settle in Hangzhou by purchasing houses. The details are as follows:

(1) Buy a house and settle down: those who buy a commercial house in Hangzhou and pay social security in Hangzhou continuously or pay taxes for 1 year can settle down in Hangzhou.

(2) Rent and settle down: those who have rented in Hangzhou for 1 year or more and paid social security or tax for 1 year or more can settle down in Hangzhou.

(3) Employment and settlement: those who have worked continuously in Hangzhou for 1 year and paid social security or individual tax for 1 year can settle in Hangzhou.

2. Housing settlement policy in Hangzhou

According to the Notice on Further Perfecting the Policy of Urban Population Settlement in Hangzhou issued by the Hangzhou Municipal Government, the purchase conditions and operation steps are as follows:

(1) Purchase conditions: Purchase commercial housing in Hangzhou with a housing area of not less than 60 square meters.

(2) Purchase process: Before purchasing a house, the purchaser shall go to the police station where the household registration is located to apply for the resident ID card and household registration book. When buying a house, you need to provide relevant materials such as house sales contract and house property certificate. The purchaser shall go through the settlement formalities with the household administration department of Hangzhou Public Security Bureau within 30 days after purchasing the house.

(3) Conditions for settlement: The purchaser must pay social security or individual tax in Hangzhou 1 year.

Second, the procurement operation steps

1. Prepare materials

The Buyer shall prepare the following materials:

(1) Original and photocopy of resident ID card and household registration book;

(2) The original and photocopy of the house purchase contract and house property certificate;

(3) Original and photocopy of social security or individual tax certificate.

buy a house

Property buyers need to buy commercial housing in Hangzhou, with a housing area of not less than 60 square meters.

3. Go through the formalities of settlement

The purchaser shall go through the settlement formalities with the household administration department of Hangzhou Public Security Bureau within 30 days after purchasing the house. The specific process is as follows:

(1) Fill in the application form for settlement and submit relevant materials.

(2) The household administration department shall review the materials and verify the social security or individual tax of the purchaser.

(3) After approval, the purchaser will receive a residence permit.

(4) The purchaser holds the residence permit and goes to the police station to apply for the resident identity card.