Can you buy a house without social security

Can you buy a house without social security?

The conditions for buying a house:

1. The buyer must have a legally valid identity card and household register and other proof of identity.

2. Foreign household, as a family unit, can buy a residence in Guangzhou, and must provide three consecutive years (36 months) of social security or tax statement within five years.

3. Regardless of whether it is a new home or a second-hand home, buyers with foreign household registration can only purchase one home.

4. The buyer must have a down payment amounting to 30% of the total purchase price.

5. The buyer's family members must not have a record of purchasing a home in a foreign country.

6. If the buyer has previously bought a house in a foreign country, the buyer has to pay 70% of the down payment according to the regulations of the second suite, but if the loan of the first suite has already been settled, the buyer can still follow the regulations of the first suite.

7. The buyer must have good credit, stable income, and the ability to repay the loan.

8. Other conditions as stipulated by the relevant authorities.

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