How do foreigners buy a house in Guangzhou?

Foreigners who want to buy a house in Guangzhou need to provide proof that they have paid personal income tax or social insurance for more than 3 years in this city within 5 years before the date of purchase.

According to Article 1 of Opinions of Guangzhou Municipal Government on Further Promoting the Stable and Healthy Development of the Real Estate Market, the policy of restricting purchases and loans is strictly implemented. Strictly implement the existing housing purchase restriction policy in our city, that is, households with registered residence in this city are restricted to purchase 2 sets of houses, and households without registered residence in this city are restricted to purchase 1 set of houses if they can provide personal income tax or social insurance certificates for more than 3 consecutive years in this city within 5 years before the date of purchase. Non-registered families in this city are not allowed to buy houses by paying personal income tax or social insurance payment certificates.

Strictly implement the existing differentiated housing credit policy, that is, for families who purchase the first self-occupied housing by loan, for families who own/kloc-0 housing and have settled the corresponding housing loans, if they apply for loans to purchase ordinary self-occupied housing again to improve their living conditions, a minimum down payment ratio of 30% will be implemented; For households that own 1 apartment and the corresponding housing loans are not settled, in order to improve their living conditions, they should apply for commercial personal housing loans again to buy ordinary self-occupied housing, and the minimum down payment ratio should not be less than 70%. Continue to suspend the issuance of loans for families to buy third and above houses.

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"Opinions on Further Promoting the Stable and Healthy Development of the Real Estate Market in Our City" Article 5 Prevention and control of financial risks in the real estate market. Strengthen the supervision of commercial housing pre-sale funds to ensure that they are earmarked for engineering construction. Commercial banks and other financial institutions should strictly implement the relevant real estate credit policies of the People's Bank of China and China Banking Regulatory Commission, strictly control the authenticity and compliance of mortgage loan business, and prevent and control financial risks.

It is strictly forbidden for real estate intermediaries to collect house payment, be responsible for their own profits and losses, guarantee themselves, set up fund pools and other off-site fund-raising financial services. It is strictly forbidden for Internet finance companies, microfinance companies and other institutions to engage in down payment loans, crowdfunding house purchases and other financial leverage fund-raising businesses, and severely rectify suspected illegal fund-raising in real estate transactions. It is strictly forbidden for investment funds and bank credit funds to enter the real estate market in violation of regulations, and it is necessary to comprehensively investigate and strictly supervise enterprise development loans, high leverage and high debt.

Guangzhou Municipal Government-Opinions on Further Promoting the Stable and Healthy Development of Guangzhou Real Estate Market