Can Shanghai, a foreigner, only pay the provident fund and not pay social security!

A one of the conditions for foreigners to buy a house in Shanghai is to pay social security 1 year.

Basis: "Several Opinions on Further Strengthening the Regulation of the Real Estate Market in this Municipality and Accelerating the Work of Housing Security"

Strictly implement the relevant provisions of the state. Non-residents who apply for loans by purchasing commercial housing in this city should provide the personal income tax payment certificate or social insurance (urban social insurance) payment certificate that they have paid 1 year or more in this city within the first two years from the date of application. Where it cannot be provided, commercial banks will suspend the issuance of housing loans.

B. loan amount:

1, which is not higher than the loan limit determined according to the multiple of the balance stored in the housing provident fund accounts of the borrower, spouse and borrower (40 times the balance of housing provident fund and 20 times the balance of supplementary housing provident fund);

2, not higher than the loan limit determined by the proportion of the total housing price;

3. Not higher than the loan limit determined according to the repayment ability, and its calculation formula is: the salary base for the borrower to calculate the monthly deposit of housing provident fund × the specified proportion (50%)× 12 months× the loan period;

4. Not higher than the maximum loan amount.

C. loan term:

The longest loan period for purchasing a second-hand house is 15 years, and it shall not exceed 5 years after the statutory retirement age of the borrower.

D from April 2065438+02 to March 20 13, urban residents with foreign household registration paid five insurances for urban insurance, with a minimum base of 2,599 yuan, with a unit contribution ratio of 37% and an individual contribution ratio of11%; Rural household registration, pay the city insurance three insurance, the base is 1949 yuan, the unit payment ratio is 28.5%, and the individual is 9%. The data from April 20 13 to March 20 14 have not been published.