Can foreigners legally own property (well lease rather) in China? - eChinacities Answers

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Hylith

Posts: 2

Governor

Q: Can foreigners legally own property (well lease rather) in China?

I am considering buying a nice apartment in China because I know it is a good investment. Nice apartment near the water in a upscale area of town. To be honest, rent here is cheap but I just want my own place here in China.

This is where the issue comes in and I need someone that has experience in this area.

Can a foreigner fully own or at least partially own an apartment or property.... or do we have to put it under our Chinese wife/husband's name?

I know it isn't really own, since you can only legally lease property for 70 years in China (although, I am pretty sure those laws will change in 70 years anyway...)

It is mainly for 5-10 year investment purposes. Anyone know?

10 years 41 weeks ago in Housing - China

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HappyExPat

Posts: 3025

Emperor

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Yes, you can. But if only in your name (foreigner), you can not get a bank mortgage, and must pay the full amount out of your "savings". And also you can not rent it either, must use to live in it yourself and family.

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10 years 41 weeks ago

happywanderer

Posts: 981

Shifu

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I personally wouldn't recommend it anyway because I suspect if inflation gets any worse the next legislation passed will be to take all land owned by foreign companies and individuals. (Please note that I'm not a lawyer, this isn't legal advice, I represent no one, and no animals were hurt in the production of this posting.)

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10 years 41 weeks ago

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A:Your potential employer is right! Purpose of the Medical exam before granting Z visa is to make sure, you won't be entering China in any abnormal and harmful to others condition.Few days after your arrival to China, you'll be required to complete another ME ... If ME in China will be OK, you'll get a Residence permit stamp into your book some 10-days afterwards. Imagine, you're an employer, who can sponsor my entry and work in China, but after my arrival to China would be found I carry some sickness, which would prevent Chinese .gov to issue a Residence permit. Rule is: Z visa should be converted into Residence permit in 30-days after entry to China. So, my advice is:"Complete ME in your home country and forward medical results to your employer".Z visa grant will follow shortly afterwards. Employer is not wrong at their demand for the pre-arrival ME from your home country hospital. -- icnif77