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Thread: Propertry purchase by foreigners
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[quote=GUEST76218,64096]A few questions that I was unable to find a clear answer for while in China. 1) What are the laws surrounding property purchase in China by non Nationals. Can you buy an appartment. Is there a different law if you were once a Chinese National but are now an Australian Citizen for example. 2)Also apparently property is only purchased for 50 years etc. That was not previously an issue as they would knock down your house and buy you out so you could purchase another, but I can see there being any way they will be able to knock down the big high rise developments in 50 years. What happens if you buy into a 20year old building. Does that mean you only have 30 years left. What happens after that. [/quote]
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