Property Purchase In China

China eliminated the different treatments between local and non-local purchasers of real estate in 2002, making China among the few countries in the 187 members of the International Monetary Fund who pose no limits on investments in real estate.

However, due to concerns that the property market may be overheating, China will soon release a policy that will limit foreigners and people from Hong Kong, Macau or Taiwan from buying homes on the mainland.

It is thought that a non-citizen will first get an approval to buy a mainland property, and then they must register the purchase. It may even stipulate that they can buy only one or two residential properties, and the units cannot be transacted in a certain period of time after purchase.

Before undertaking any property purchase in China it is strongly advised that you seek proper legal advice.