|Purchasing Property in China|
Purchasing Property in China
With the real estate market in China continuing to thrive, it is no wonder why more and more foreign individuals and companies are looking to invest in property here. As a result, the Chinese authorities have set out various regulations to be taken into consideration in order to ensure the healthy development of the property market. Foreign individuals must possess a one year work visa and they are only allowed to purchase one unit of residential property each. A foreign company is only allowed to purchase commercial property for office purposes, and the property must be situated in the location of the company’s registered branch or representative office. Our experienced lawyers will carefully guide you through all the formalities, helping you to sidestep any restrictions to leave you with the best result to meet your individual or business needs.
Many foreigners find the process of purchasing property in China an extremely daunting one and as a result they purchase property in the names of Chinese citizens. The foreign individual then becomes the real owner of the property and the Chinese citizen becomes the apparent owner. These kinds of relationships inevitably give rise to very unpleasant disputes in the long-term. Jay & Shaw can help to avoid such disputes from arising and with the help of Jay & Shaw you can step on the property ladder in China today! We are dedicated to making your business experience in China as lucrative and uncomplicated as possible.