Job Recruitment Website - Ranking of immigration countries - How to deal with personal assets such as domestic real estate after entering foreign nationality?

How to deal with personal assets such as domestic real estate after entering foreign nationality?

After joining a foreign nationality, domestic personal assets such as real estate are treated as follows:

1. House ownership: Joining a foreign nationality will not affect the house ownership, and the house can be kept or sold.

2. Real estate registration: According to Article 26 of the Detailed Rules for the Implementation of the Provisional Regulations on the Registration of Real Estate (revised on 20 19), if the identity certificate type of the property owner changes, it can apply to the real estate registration agency for registration of change. Although it is possible by law, it is not necessary. If the change registration is not handled in time, it may affect the subsequent real estate transfer and inheritance process. When handling the change registration, it is usually necessary to submit the identity certificate and the proof that the owner of the original registered identity certificate is the same person, such as the notarized or certified identity information change certificate, or the historical identity record before leaving the country issued by the household registration administration department where the original account is located, or the sworn identity change statement and other materials that can prove that it is the same person before and after the change.

3. Financial assets: According to Article 36 of the Law of the People's Republic of China on the People's Bank of China, if an individual changes his name, certificate type, certificate number, domicile, agent or beneficiary, he shall promptly notify the financial institution. Therefore, if you join a foreign nationality, it is recommended to notify the relevant financial institutions in time and go through the corresponding personal information change procedures to ensure the safety and legality of personal financial assets.

In short, after joining a foreign nationality, personal assets should be disposed of in time to ensure legal safety. If in doubt or need help, it is recommended to consult relevant legal or financial professionals.