What are the conditions needed to buy a house in Beijing

The conditions needed to buy a house in Beijing are five years of continuous payment of social security in Beijing, five years of continuous payment of personal income tax in Beijing, and a Beijing work residence permit.

1, five years of continuous payment of social security in Beijing

Specifically, it is necessary to start from the last month of the purchase of the house, counting forward 60 months, social security must be paid continuously, if there is a break in the payment, then look at how many months you are paid off, in principle, within 60 months, allowed to have a three-month break in the payment.

2, Beijing continuous payment of personal income tax for five years

Similarly, from the month before the purchase of the house forward projected 60 months, every month there is a tax, must be continuous, make up the payment is invalid.

3, have a Beijing work residence permit

Working in Beijing during the work, through the company for the 'Beijing work residence permit'. This is also known as the 'Beijing Green Card', which can also qualify you to purchase a home. Note that this is not an ordinary residence permit, but a work residence permit.

Related information:

Foreigners need to provide five years of social security or tax certificates to buy a house in Beijing, which was not the case before, and now foreigners must not have a real estate record to buy a house in Beijing! Now the down payment ratio can be as low as thirty percent, the provident fund can still be used, but the provident fund loan amount for each person is not the same, now the loan is recommended to still use commercial loans.

Loans require you to provide ID cards, proof of domicile, proof of education, proof of marital status, temporary residence permit in Beijing, salary stream or bank deposit proof of large amounts, but also to provide a copy of the business license of the work unit stamped (the above materials but also photocopies). Also fill in the Beijing housing requisition form.