Shenyang: Foreign household registration will no longer provide a tax or social security certificate when buying a house in the restricted purchase area.

On April 29th, Shenyang Real Estate Bureau and other three departments issued the Notice on Optimizing the Housing Purchase Service for Foreigners in Shenyang (hereinafter referred to as the Notice), which will be implemented as of the date of promulgation.

The "Notice" stipulates that if non-Shenyang registered households purchase new commercial housing in Shenyang's restricted purchase area, they will implement the housing purchase policy of Shenyang registered households, and will no longer provide personal income tax or social insurance certificates in Shenyang for six consecutive months or more within two years from the date of applying for housing purchase. Families of migrant workers who have paid housing provident fund to buy their own houses in Shenyang can apply for housing provident fund loans in Shenyang according to regulations.

Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that the Shenyang policy can be summarized as the "Shenyang version", which is characterized by canceling the purchase restriction without dragging its feet and directly canceling it. Relatively speaking, some cities in China have not been completely loosened, or the social security of migrants still needs some requirements. "Shenyang Edition" is a relatively direct, decisive and clear policy, which will be more effective in activating the demand of the real estate market. Judging from the actual process, the current real estate market in Shenyang really needs to be boosted, including the previous policy of "5 to 2" exemption period for second-hand houses, which fully shows that various series of combination punches are attacking. It is expected that the relaxation will be even stronger in May, especially after Politburo meeting of the Chinese Communist Party on April 29, and the pace of policy relaxation will be even sharper, which is conducive to promoting the recovery of market transactions.