What are the extraction conditions of Wuhan housing provident fund?

As the capital city of Hubei, Wuhan naturally has outstanding advantages in economy, attracting many foreigners to work and settle here. Many trade unions choose to withdraw the provident fund to buy a house. What conditions does Wuhan need to withdraw housing provident fund? Then let's take a look!

First, it is used to buy, build and decorate houses; 2. Retired employees; Three, the employer has approved the resignation, and no labor; 4. Persons who do not live in China but settle abroad; Five, for the repayment of housing or decoration loans; Sixth, it is difficult to rent a house, and the rent is 5 percentage points higher than the income; Seven, subsistence allowances; Eight, unexpected things, life can not be guaranteed; 9. Migrant workers who have resigned.

Among them, employees who pay the provident fund are ready to buy a house, whether it is a second-hand house or a new house, and they can also withdraw the provident fund from the decoration, decoration and construction of the house. Workers who have reached the statutory retirement age may also apply for withdrawal of provident fund. At the same time, employees who have no labor force and terminate the contract with the employer are also eligible for the advance payment of the provident fund. At the same time, if employees do not intend to settle in China and prepare to emigrate, they can also withdraw the provident fund. In addition, if the living standard of employees can not reach the urban minimum living standard, the rent ratio has exceeded 5% of the monthly income, and employees whose household registration is not local can withdraw the provident fund once they resign.

If the provident fund is used for housing construction, the applicant often needs to provide materials recognized by the relevant units, such as the approval of the homestead. If you want to withdraw provident fund for down payment, you must provide proof of purchase, that is, purchase agreement or commercial housing sales contract. However, if the husband and wife buy a house together, they will pay the provident fund, and the husband and wife will withdraw it together. Only once every three years is allowed, and it cannot be used to buy a second suite. However, if it is used for other purposes, it can be withdrawn once a year, but the amount shall not exceed the actual expenditure.

I hope the above answers are helpful to you.