Conditions for foreigners to buy a house in Wuxi

Legal analysis: In the restricted purchase area, families who are not registered in Wuxi and have settled in Wuxi need to provide tax payment certificates or social security payment certificates of more than 1 year. Property buyers who are not registered in Wuxi need to provide legal and valid temporary residence permits in Wuxi; If you have already bought a house outside Wuxi, you need to make a down payment of more than 60% if you refinance to buy a house in Wuxi. Non-restricted areas, non-Wuxi household buyers are restricted to purchase 1 set.

Legal basis: Notice of Wuxi Municipal Government Office on Further Promoting the Stable and Healthy Development of the Real Estate Market in Our City III. Resolutely curb speculative real estate speculation. With the consent of the self-discipline mechanism of market interest rate pricing in Jiangsu Province, Wuxi's differentiated housing credit policy is adjusted, and the minimum down payment ratio is adjusted to not less than 60% for households that already own a house and the corresponding loans are not settled.

Notice of Wuxi Municipality on Implementing the Supplementary Opinions of the Office of the Municipal Government on Strengthening the Regulation of the Real Estate Market. Related requirements 4. When buying a house, non-resident families in this city should provide social security or tax payment certificates that have been paid continuously in this city for more than 2 years (inclusive) before the date of purchase. Non-local households without housing who have paid social security or individual taxes for more than 2 years in Jiangyin and Yixing can buy a new house in the urban area.