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Social security demand for housing purchase in Shenzhen
Shenzhen's housing purchase policy stipulates that foreign household registration needs to show tax payment or social security certificate for five consecutive years in Shenzhen to qualify for housing purchase, and it also stipulates that foreign household registration is restricted from buying houses in Shenzhen.
The party concerned is not qualified to buy a house in Shenzhen without proof of tax payment or social security for five years.
Shenzhen's "Several Measures on Further Promoting the Stable and Healthy Development of the Real Estate Market in Our City" stipulates that:
Fourth, improve the housing purchase restriction policy and curb the speculative demand for investment.
Families with registered residence in this Municipality (including those whose family members are registered residents in this Municipality) continue to implement the policy of restricting the purchase of 2 sets of housing; Adult singles (including divorced) registered in this city are restricted to purchase 1 house in this city; Non-local registered families who can provide proof of continuous payment of personal income tax or social insurance in this city for five years or more from the date of purchase are restricted to purchase 1 house; Overseas institutions and individuals should purchase houses in strict accordance with relevant policies. The purchase time shall be based on the signing time of the purchase contract on the information system of the real estate administrative department of this Municipality.
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