Shanghai participates in social security with residence permit.

Of course, you need to pay social security continuously to apply for a residence permit.

1. What are the benefits of the Shanghai residence permit?

A: First of all, you can enjoy medical insurance in Shanghai during the payment period, which is the most important thing. Otherwise, I will be seriously ill before I go back, and all the money I earned will be spent. The second provident fund can be withdrawn in full, and the amount is not affected by your transfer. With this, you are also eligible to apply for provident fund loans in Shanghai, and the interest rate is lower than that of commercial loans 1 percentage point. After 20 years of loan, the interest difference is tens of thousands of yuan. Third, at present, the social security account is considering the issue of transfer in different places. Although it has not been solved yet, I believe it will be solved decades later. The goal is to follow the account, pay more and get more. Fourth, according to the current policy in Shanghai, you can transfer to a Shanghai hukou after seven years of residence permit. This will have advantages in children's care and reading.

2. Do you need a residence permit to buy a house in Shanghai?

A: No, foreigners only need to meet the following two conditions when buying a house: social security for two years within three years; Get married.

3. How to apply for a residence permit in Shanghai? What materials need to be provided?

A: Domestic and foreign personnel with bachelor degree or above or special talents who come to Shanghai to work or start a business without changing their household registration or nationality can apply for the Shanghai Residence Permit in accordance with the Interim Provisions of Shanghai Municipality on Implementing the Residence Permit System for Imported Talents.

Persons who can apply for the Shanghai Residence Permit include the following domestic and overseas persons:

1. Talents who originally held the Work Residence Permit for Imported Talents who continue to be employed after being audited by the employing unit may apply for residence permits according to the conditions for handling residence permits; Those who come to Shanghai to invest and start a business and meet the requirements for applying for a residence permit can apply for a residence permit.

2. For overseas talents who apply for starting a business and working in Shanghai, and overseas students who have entered foreign countries and obtained permanent (long-term) residency abroad, residence permits will be issued.

3. Persons who come to Shanghai to work or start businesses according to the Implementation Measures of Shanghai for Attracting Domestic Talents to Work in Shanghai may apply for residence permits due to the restrictions of implementing the annual talent development catalogue and obtaining Shanghai household registration. A residence permit will be issued to those who have obtained a bachelor's degree but have not obtained a degree or associate senior title, but have served for less than 3 years and signed an employment (labor) contract with an employer in Shanghai for less than 3 years.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.