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Can I buy a house abroad with my China passport?
China citizens can buy a house abroad. People like the United States, Australia, Canada and other countries, which are hot countries for China citizens to buy houses. However, different countries have different policies for China citizens to buy houses. Moreover, China people should pay special attention to buying a house abroad. In most countries, buying a house is not the same as immigration. Don't blindly trust those companies when buying a house to avoid a happy ending.
The United States and Canada are both key countries that welcome China citizens to invest. Where the economy is developed, China citizens must hold valid passports to buy any real estate they need in these two countries. At the same time, they can apply for housing loans from banks like local residents. However, if they want to live there for a long time after buying a house, they must have a legal visa. They must leave the United States or Canada before the visa expires. If they want to settle down for a long time, they can apply for immigration directly through the domestic immigration bureau and get a green card or maple leaf.
China people should pay attention to the transfer of funds when buying a house abroad, because the current foreign exchange policy of the country is wrong. According to the book, the total amount of funds transferred overseas by each person should not exceed $50,000. If you plan to buy a house overseas, you should transfer the funds to an overseas account in batches as soon as possible, so as not to affect the real estate transaction because the funds cannot be transferred overseas. In addition, when China citizens buy a house overseas, they need to know the local property purchase policies in detail when facing different countries. For example, Australia stipulates that China citizens have no right to buy local second-hand houses, while the European country Greece stipulates that investors can directly obtain local permanent residency if the price of their local investment property exceeds 800,000 US dollars.
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