Sihai network

What should foreigners do when they are restricted from buying houses? These five ways may help you

Since 2016, many cities across the country have implemented purchase restriction policies, and generally the requirements for purchasing houses from foreigners have become more stringent. So what if foreigners are restricted in buying houses? How can foreigners buy houses in the restricted area? Here are five ways to help you. Let's see if they can help you!

1、 Provide social security or individual income tax certificate as required

In the requirements of purchase restriction cities, outsiders are generally required to meet certain social security conditions, so if the buyers meet this condition, they can buy houses. Let me give you a simple example:

Shanghai: foreigners need to meet the following requirements when buying a house in Shanghai: the buyer should be married; there is no house in Shanghai; they can provide the social security or personal tax payment certificate calculated from the date of purchase that has been paid for more than 5 years accumulatively in this city (the one-time supplementary payment will not be recognized).

Xi'an: within the restricted purchase area, non real estate buyers can only purchase one set of housing if they meet the social security requirements (can provide personal income tax or social insurance certificate for more than 2 years (including 2 years)).

Nanjing: a non Nanjing registered family without a house can buy a house in Nanjing, and shall provide the certificate of personal income tax payment or social insurance certificate (urban social insurance) for 2 years or more accumulated payment in Nanjing within 3 years.

2、 Settle down before buying a house

In cities with limited purchase, the conditions for local people to buy houses are more relaxed, so if foreigners can settle down, they do not need to provide individual income tax or social security certificate. But what are the ways for foreigners to settle down in order to get the qualification to buy a house?

1. Talent introduction and settlement: there are talent policies in many cities to provide settlement services for high-level people who meet the requirements. Take Tianjin talent settlement policy as an example: Undergraduates under 40 years old, masters under 45 years old, doctors are not subject to the age limit, and can be settled.

2. Unit collective account can buy a house: in some cities, some enterprises can apply for collective account for employees. Collective account and local account are basically the same effect.

3. Investment settlement: in some cities, buyers can settle down according to the way of investment.

But it is necessary to remind buyers that it is not possible to settle down. Take Chengdu as an example. If the new residence in Chengdu is less than 24 months old, there will also be some restrictions when buying a house.

3、 Buying a house in the name of the company

At present, the main body of the purchase restriction order in each city is the general family, including husband and wife and minor children; therefore, if the main body of the purchase is changed from the individual in the family to the unit or company, the situation is different, most of which are not limited by the influence and restriction of the purchase policy. Although unit companies are not limited to buying houses, if they want to transfer the houses from units to individuals, it is still affected by the restricted purchase policy.

4、 House donation to outsiders

In some urban regulations, the donation of real estate is not subject to the influence of purchase policy. Take Wuhan as an example, many people buy houses in Wuhan in the name of relatives and friends, and deal with housing property