How to send money abroad when buying a house overseas?

Personal purchase of foreign exchange cannot be used for overseas purchase of foreign exchange.

1, the relevant person in charge of the State Administration of Foreign Exchange said that the overseas purchase of foreign exchange by individuals is not a new policy, and the overseas purchase and investment of foreign exchange by individuals are capital projects that have not yet been opened. The purchase of foreign exchange by individual residents is only used for external payment under the current account, including private travel, study abroad, business trip, visiting relatives, overseas medical treatment, trade in goods, purchase of non-investment insurance and consulting services.

2. There is no change in the individual foreign exchange purchase policy. This improvement in the management of personal foreign exchange information declaration has not reduced the use of personal foreign exchange purchases, nor adjusted the amount of foreign exchange purchases, but has managed the implementation of previous policies more carefully and accurately, mainly involving three aspects:

(1) Refine the declaration contents and clarify the rules that individuals should follow when purchasing and paying foreign exchange and the corresponding legal responsibilities;

(2) Strengthen the responsibility of auditing the authenticity and compliance of banks;

(3) Conduct spot checks on individual declarations afterwards and increase penalties.

Extended data:

1. The content of the application for individual purchase of foreign exchange warns that the foreign exchange administration authorities will put individuals who have committed six major violations on the "watch list" according to law. Individuals no longer enjoy the personal convenience quota in the year of listing and within two years after listing, and are transferred to anti-money laundering investigation according to law.

2. The six major violations include:

(1) False declaration of personal foreign exchange purchase information is not allowed;

(2) Do not provide false certification materials;

(3) Do not lend our convenience bank to help others purchase foreign exchange;

(four) shall not borrow the convenience of others to implement the split purchase of foreign exchange;

(5) It shall not be used for overseas capital projects such as buying houses, investing in securities, buying life insurance and investing in dividend return insurance;

(6) Do not participate in illegal activities such as money laundering, tax evasion, and underground banking transactions.

Phoenix. Com-SAFE: It is not a new policy for individuals to purchase foreign exchange and not buy a house abroad, and it has never been possible.