Can a foreign hukou buy a house in Hainan?

Foreign hukou can buy a house in Hainan, and the specific provisions are as follows:

1. 1. Meet the local purchase qualification in Hainan. According to the provisions of China's relevant housing purchase policy, for example, it is necessary to have a local social security or tax payment certificate of 2 to 5 years in Hainan;

2. Conditions for foreigners to borrow money from Hainan Bank to buy a house:

(1) Agree to use the purchased house as collateral;

(2) The age of the borrower plus the loan period, the male is no more than 65 years old and the female is no more than 60 years old;

(3) Having full capacity for civil conduct; Have permanent residence or valid residence status in China;

(4) Must pay a down payment of not less than a certain percentage of the total price of the purchased house;

(5) Having stable professional and economic income, good credit and the ability to repay the principal and interest of the loan;

(6) A house purchase contract or agreement has been signed.

Legal basis: Article 27 of the Regulations on the Management of Urban Real Estate Development and Operation.

For the sale of commercial housing, the parties shall sign a written contract. The contract shall specify the construction area and usable area, price, delivery date, quality requirements, property management methods and the liabilities of both parties for breach of contract.

Article 28

If a real estate development enterprise entrusts an intermediary agency to sell commercial housing, it shall issue a power of attorney to the intermediary agency. When an intermediary sells a commercial house, it shall present the relevant certification documents of the commercial house and the power of attorney for the sale of the commercial house to the purchaser of the commercial house.

Article 29

The transfer of real estate development projects and the sales price of commercial housing shall be decided by the parties through consultation; However, the housing prices that enjoy the preferential policies of the state shall be guided or fixed by the government.