What is the impact of cutting off the Shanghai social security provident fund?

1. In Shanghai, if you buy a house with a provident fund loan, you need to pay it for six months continuously, so withdrawing the provident fund will have an impact on the loan. If it is only 1 month, and it is reconciled the next month, you can apply for reconsideration, so it will not affect it.

2. In megacities such as Beijing and Shanghai, the continuous payment period of social security is directly linked to the qualifications for buying a house, shaking the number and settling down.

3. Non-Shanghai household registration households need to pay personal income tax or social security for 5 years or more before the date of purchase, without interruption. One-time payment will not be recognized.

4. The prerequisite for non-Shanghai residents to participate in the license plate auction is to hold a residence permit in Shanghai and pay social insurance or personal income tax in Shanghai for three consecutive years before the application date.

Extended data:

Holders of Shanghai Residence Permit must have participated in Shanghai urban social insurance for 7 years to apply for permanent residence in Shanghai.

If the base of paying urban social insurance in Shanghai for the last three consecutive years is more than twice the average salary of employees in Shanghai last year, priority can be given to applying for permanent residence in this city.