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Q: Can foreigners buy an apartment?
Can one, as a foreigner even buy and own an apartment or flat?
Answers (3)
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You can buy but not legally in most cases. To purchase legally, I am pretty sure that if you have resided in China for a number of years (2-3?) then you can prove residence and buy a property. I think there is an increase in tax that you have to pay as well.
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12 years 30 weeks ago
From what I understood, you can buy your own place, but can't own it forever, after 5 years the government buys it back, and you have to find another place. Unless you're married with a local.
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12 years 28 weeks ago