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What are the changes in the conditions for buying a house in Chongqing in 2017

There are three conditions for buying houses in Chongqing.

(1) Local households cannot buy 3 or more houses, while foreign households can only buy one house per person.

(2) Foreigners who take out a loan to buy a house are required to provide proof of tax payment and proof of social security payment for more than one year, but this step can be omitted if the payment is made in full. Commercial banks cannot issue loans to non-residents of Chongqing who cannot provide the relevant certificates.

(3) A foreign loan to buy a house should provide proof of tax payment, proof of social security payment, and proof of income. Proof of ability to repay the principal and interest should also be shown.

And a one-time in the main urban areas (Yuzhong District, Jiangbei District, Nanan District, Shapingba District, Jiulongpo District, Dadukou District, Beibei District, Yubei District, Banan District) as well as economic development zones, high-tech zones, the purchase of a building area of more than 90 square meters of commercial real estate (including full ownership of the house, the mortgage housing, second-hand housing) and actually used for residential purposes of the person (in addition to the foreign personnel), (the buyer himself, his spouse, minor children under the age of 16) to be able to buy a home. (the purchaser himself, his spouse and minor children under 16 years of age) are able to move into the hukou. There is no requirement for education to fulfill the above conditions. Those who purchase a one-time set of commercial housing in the 9 districts of the main city with a built-up surface of less than 90 square meters need to meet the following conditions in order to move into the hukou. If you have a college degree or above, you need to hold the following documents to the police station to apply for the household registration procedure.

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