I heard that houses in Beijing are not limited to purchase. Can foreigners buy it? Is there a problem?

Conditions for foreigners to buy a house in Beijing:

1. Provisions on quantity. According to Article 15 of Beijing, 1 suite is limited to local registered residents, non-local registered families who hold valid temporary residence permits, have no housing in this city and have paid social insurance or personal income tax in this city for more than five consecutive years.

2. Provisions on household registration. If you are not registered in Beijing and have no tax payment or social security certificate for 5 years or more, you can't buy a house in Beijing even if you have more money.

3. Transaction documents and procedures. Evaluation-tax payment by local taxation bureau-deed tax payment by financial deed tax collection office-property right registration-mortgage transfer process evaluation-buyers and sellers go to the bank to apply for mortgage-tax payment by local taxation bureau-deed tax payment by financial deed tax collection office-property right registration transfer-mortgage registration-bank loan. The whole process takes 44 working days.

Extended data:

Disadvantages of unlimited housing in Beijing:

1, with high down payment and complicated loan.

When applying for a loan in the name of a commercial house, the down payment ratio shall be no less than 45%, and the loan term and interest rate level shall be implemented according to regulations. "The down payment ratio of loans has increased, and the requirements for commercial housing loans: the term should not exceed 10 years, and the loan interest rate should not be lower than 1. 1 times of the bank's interest rate of the same grade, which is 30% more than the residential interest. For first-time home buyers, the increase in down payment and interest burden have become influencing factors. "

2. Property fees and utilities are high, and the cost of living increases.

Commercial housing property management fees are high, so Miss Li bought a property in 3.5 yuan/Ping/Month. For safety reasons, many projects prohibit the use of natural gas; Moreover, the water and electricity charging standard is also expensive, and the cost is bound to increase.

3. The term of land use right is short.

The land use life of commercial housing is only 50 years. 20 years less than self-housing. "Property Law" stipulates: "When the term of the right to use the house expires, it will be automatically renewed. The renewal of non-residential land after its expiration shall be handled according to law. " It is clear that the land transfer fee is paid. After the land use period, if you want to continue to use it, you need to apply and pay the land transfer fee.

Baidu Encyclopedia-People's Republic of China (PRC) Property Law

China government network-Beijing property market regulation "Beijing 15" was implemented today: regulation will be strengthened.