Conditions for purchasing a house in China

International students studying in China for more than one year can purchase a house, which must be a commercial house for personal use and personal residence and meet the actual needs.

International students shall have real-name registration when purchasing a house in China and pay for the house in terms of Renminbi (RMB) and provide the proof of legal source of Renminbi or convert foreign currency into Renminbi first and pay for the house. In the settlement of exchange, the following documents need to be submitted: (1) commercial housing sales contract or pre-sale contract; (2) a valid passport or other identification; (3) relevant certificates of registration of commercial housing pre-sale contract in the city where the house is purchased; and (4) a valid employment contract or the certificate of a status as a student for more than one year.

In addition, international students purchasing a house in China shall comply with the specific policies of the region and pay taxes in accordance with the relevant regulations of China.