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Conditions for foreigners to buy a house in Kunming
There is no restriction on buying a house in Kunming. Anyone who is a legal citizen can buy it, bring his ID card or household registration book, and ask to drop one person every 24 square meters when he settles down. The scope of the purchase restriction is very clear. In the four districts of the main city of Kunming and the administrative area of Chenggong County, the policy of restricting the number of families buying houses is temporarily implemented. Stamp duty is temporarily exempted for individuals to sell or buy houses. The lower limit of the loan interest rate can be extended to 0.7 times of the benchmark loan interest rate, and the low down payment ratio can be adjusted to 20%.
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