What are the benefits of foreigners buying Shenzhen social security?

Foreigners have to buy a house and a car in Shenzhen, their children have to go to primary school, take the college entrance examination in different places, and have social security certificates to apply for passports and Hong Kong and Macao passes. In other words, foreigners can handle the above affairs in Shenzhen by paying social security in Shenzhen.

Has the following advantages:

1. Buying a house: foreigners who have paid Shenzhen social security for more than 5 years can buy a house in Shenzhen.

2. Buy a car and get a license: Foreigners who buy a car in Shenzhen must get a Shenzhen license plate. As long as they have paid Shenzhen social security for three years in Shenzhen, they can get a Shenzhen license plate.

3. Foreign children attend primary school in Shenzhen: as long as they have applied for social security in Shenzhen for a certain number of years, they can study in Shenzhen.

4. Passport and Taiwan Pass. Migrant workers need to have social security 1 year in Shenzhen without interruption, and they can apply for passports and Taiwan passes in Shenzhen without running back to their hometown, which is convenient and fast.

5. Apply for Shenzhen household registration: one of the basic conditions for foreign household registration personnel to enter Guangzhou is that they need to accumulate social security for 4 years.

Social security includes pension, medical care, maternity insurance, industrial injury insurance and unemployment insurance. Generally speaking, social security in Shenzhen is shared by enterprises and individuals. People from other places live in Shenzhen. Whether you are a white-collar worker, a blue-collar worker working in a company or a freelance entrepreneur, social security is closely related to us.

I hope the above content can help you. If in doubt, please consult a professional lawyer.

Legal basis:

Article 4 of People's Republic of China (PRC) Social Insurance Law

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 5

The people's governments at or above the county level will incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.

Article 6

The state exercises strict supervision over social insurance funds. The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds. People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.

Article 7

The administrative department of social insurance in the State Council is responsible for the national social insurance management, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties. The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.