The difference between apartments and villas, the difference between apartments and villas.

One is residential, with a general property right of 70 years, which can be registered, but it cannot be used to register companies. Shanghai has a limited purchase policy.

The other is that serviced apartments are commercial in nature and cannot be registered. Property rights are 50 years, but companies can be registered, and there is no purchase restriction policy. However, overseas accounts, including Hong Kong, Macao and Taiwan accounts, cannot be purchased.

Similar to apartments, villas are also divided into these two types.

But the villa is not an ordinary house, and there will be a high business tax when it is sold.