What are the procedures for foreigners to sell houses? What are the conditions for foreigners to sell houses?

Selling a house refers to the act of selling a house to an individual or unit to satisfy the desire of the individual or unit for residence, commercial use or residence. You can buy and sell your own house in China at home and abroad. Let me tell you about the procedures for foreigners to sell houses. What are the conditions for foreigners to sell houses?

What are the procedures for foreigners to sell houses?

1. Foreigners can only buy houses in Shanghai, and other houses are not allowed. Under the current policy, foreigners need to live in Shanghai for more than one year and have social security or tax payment certificates for more than one year. You can only sell a house, but you can't buy a non-house, unless you sell it in the name of a company, and you must have a one-year labor contract and a self-occupation commitment letter. It is necessary to provide valid materials such as long-term residence certificate or work certificate for more than one year, passport, etc.

2. If the buyer is a foreigner, he/she must submit his/her passport, residence permit, notarized Chinese and foreign name comparison, or the foreigner's work permit and residence permit in China (the Chinese and foreign names must be marked on the certificate), and the approval forms for renting and selling overseas, Hong Kong, Macao and Taiwan houses.

3. Foreigners should apply for the corresponding power of attorney when selling houses, and then go to the local notary office for justice. Secondly, I need to apply for a bank savings card. After handling the above materials, normal transfer transactions can be carried out. Transfer procedures are the same as those handled by mainland residents. After the two parties reach an agreement, they will sign a contract and handle the corresponding handover and transfer.

What are the conditions for foreigners to sell houses?

The materials needed for foreigners to sell houses include their passports, originals and copies 1 copy; The original and photocopy of the Chinese translation of the foreigner's residence permit and passport shall be submitted to the Chinese notary office for notarization. There is no residence permit, 1 copy. The original and photocopy of the Chinese translation of the foreigner's residence permit and passport shall be submitted to a notary office in China for notarization. Without the residence permit 1 copy, the sales contract shall be signed and the ownership shall be notarized. Taxes and fees are the same as those in China.

When foreigners go through the formalities of buying and selling houses, they must sign a legal house transaction contract with the seller, specify the time and method of payment, master the process of selling houses, and know what taxes and fees need to be paid.

Foreign buyers need to live in China for one year; When signing a contract, the Chinese and foreign names should be indicated in the contract; If the purchaser provides identification, the notarized materials provided are in foreign languages and need to be translated by a translation company. Some materials provided by foreigners, such as power of attorney and consent, must be notarized and certified by domestic and foreign institutions before they can take effect; This information needs to be reviewed.