Foreigners in Nanning to buy real estate conditions

I. What are the conditions for outsiders to buy houses in Nanning

1. The conditions for outsiders to buy houses in Nanning are as follows:

(1) The purchaser of a house must have a legally valid ID card and a hukou book and other proof of identity;

(2) A foreign household, with the family as a unit, can buy one residential house in the area, and must provide a social security or tax bill for three consecutive years within five years;

(3) Regardless of whether it is a new home or a second-hand home, buyers with foreign household registration can only purchase one home;

(4) The buyer must have a down payment amounting to 30% of the total amount of the purchase price;

(5) Members of the family of the buyer must have no record of purchasing a home in a foreign country;

(6) The buyer must have good credit and a stable income.

2. Legal basis: Article 367 of the Chinese People's **** and National Code

To establish the right of abode, the parties shall conclude a contract on the right of abode in written form.

The right of abode contract generally includes the following clauses:

(1) the names and domiciles of the parties;

(2) the location of the residence;

(3) the conditions and requirements of the residence;

(4) the duration of the right of abode;

(5) the methods of resolving disputes.

Second, what materials need to be prepared to buy a house

Buying a house needs to prepare the following materials:

1, marriage certificate, ID card, hukou for married couples;

2, a copy of the applicant's ID card;

3, the applicant's original proof of income;

4, the applicant's original proof of provident fund deposits and so on.