How many years does it take to buy a house in Guangzhou?

How many years does it take to buy a house in Guangzhou? It is complicated because it depends on many factors, such as the specific location of the house you want to buy, the price, your own personal situation and the purchase policy. Generally speaking, Guangzhou has different housing policies for local residents and foreign residents, and they need to meet different conditions to buy a house.

For local registered residents, the Guangzhou municipal government stipulates that they need to pay social security or pay taxes continuously for three years before they can buy the first ordinary house. For foreign registered residents, they need to work in Guangzhou to pay social security or pay taxes for five years before they can buy the first ordinary housing.

It should be noted that the above provisions are only the policies of the Guangzhou Municipal Government, and the specific conditions and restrictions for purchasing houses may also be affected by national and local policies. Therefore, it is recommended that you consult professionals or relevant departments before buying a house to determine the specific policies and required conditions for buying a house.