What is the approval process for new houses in Shanghai?

1. Forensic evidence: The new site has obtained the Pre-sale Permit for Commercial Housing, Announcement of Housing for Sale, and One Room, One Price Table, which come into effect after being sealed. In Shanghai, the pre-sale permit can only be submitted for approval if the infrastructure of high-rise residential buildings is capped.

2. Subscription: Generally speaking, the fee for paying the subscription intention does not exceed 20% of the minimum house price. Only by paying the intention money can you be eligible to participate in the lucky draw. The UnionPay pos bill must be kept, and the receipt must be stamped by the developer. It does not affect the probability of the morning and evening lottery, and there is no need to queue up.

3. Capital verification: When the fund is approved, the buyer shall provide the qualification materials for purchase restriction. After the subscription, the notary office will review it again. Main review materials:

(1) Buyer's ID card, household registration book, marriage certificate (marriage certificate, divorce certificate, divorce agreement) and birth certificate of minor children;

(2) social security certificate or tax payment certificate; (Non-Shanghai household registration is required, but Shanghai household registration is not required).

(3) Housing-related information under the name of the purchaser and family members: purchase contract or advance notice registration or property right certificate, etc. ; (As long as it is the real estate license under the name of the purchaser, it needs to be provided, with parents, relocation and homestead).

4. Open the house and shake the number: The Oriental Notary Office sorts the new houses by computer, selects the houses in the order of shaking the number, signs the subscription book, converts the subscription money into the down payment, makes up the down payment, and signs the loan contract within the time required by the developer. No room selection, no subscription, all returned. General developers will return the subscription funds within 30 working days.

Conditions for foreigners to buy a house in Shanghai

1, the buyer must be married;

2. The family buying a house has no commercial housing in Shanghai;

3. Pay social insurance or personal income tax in this city for 5 consecutive years or more;

4. Restrict the purchase of 1 apartment (including newly-built commercial houses and second-hand houses);

5. If foreigners buy a house (including China passport):

(1) Foreigners can only buy 1 apartment in this city, that is, foreigners can only own 1 apartment in this city;

(2) According to Shanghai's house purchase regulations, foreigners are required to provide a labor contract for living in this city for 1 year and a passport within the validity period.

Alternatively, foreigners from Shanghai who meet the following conditions can also buy a house in Shanghai:

1. Hold Shanghai residence permit for 7 years.

2, the validity period of the certificate in accordance with the provisions of the city's urban social insurance for 7 years.

3. Pay income tax in this city according to law during the period of holding the certificate.

4. Being employed in this city as a professional and technical post at or above the intermediate level or having a professional qualification as a technician (the national vocational qualification certificate is above the second level), and the major corresponds to the type of work.

5, no violation of the provisions of the state and the city's family planning policy, by the public security management punishment above the illegal and criminal records and other bad behavior records.