Buying investment
in your non-native country can be a rewarding, if risky, endeavor. It’s essential to know the ins and outs of the market in that country, as well as rules and restrictions and the best areas to buy. As with any real estate investment, it’s not something that you should rush into without at least a cursory knowledge of how it works. Moreover, financing your purchase through a bank with unfamiliar regulations can make it even more daunting.
Chinese Restrictions
As an expat, you are allowed to buy a house or residence in China, but with some restrictions. In most areas, you are required to have lived in China for at least one year
before you’re allowed to buy. In some areas, that restriction is even longer or paired with strange rules. In Shanghai, for example, you also need to be married to a Chinese citizen
before you can purchase a property, and you’re never allowed to rent out your property as a foreigner.
Expats should also know that y