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Thread: Buy Property or Real Estate in China ? How ?
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[quote=CALIFORNIA ,13944]In Beijing,as a foreigner,you can buy a property easily!It is only need your passport,of course,it is better that you worked in Beijing:-)And if you want to get a loan from the bank,you must pay for 40% of the totally price,and the loan year is 10 years!In China,the glebe belongs to the government,you only have usufruct,if you want to buy a house,the usufruct is 70 years,and the others are 40 years or 50 years!In shanghai,I think it is same to Beijing.[/quote]
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