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Q: Regarding foriegn ownership of real estate in China ( No Answer,   1 Comment )
Question  
Subject: Regarding foriegn ownership of real estate in China
Category: Business and Money
Asked by: joelloyd-ga
List Price: $5.00
Posted: 08 May 2004 01:39 PDT
Expires: 07 Jun 2004 01:39 PDT
Question ID: 343095
I'd like to know the laws and regulations regarding foreign ownership
of real estate in China.
I am an American citizen and I would like to find out the details of
whether or not I can purchase a condominium in Chengdu, Sichuan
province. Whether I hold the title in my own name or in the name of a
corporate entity that I create and control is not important, but give
details regarding this. I'd also like to be made aware of the
regulations regarding
property taxes, capital gains taxes on the sale of the real estate,
and regulations concerning my ability to move the proceeds of a sale
out of China.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Regarding foreign ownership of real estate in China
From: carlhollywood-ga on 08 May 2004 17:30 PDT
 
These links will answer some of your questions:
http://www.chinalaw.cc/FAQ/faq/RP.htm
http://bbs.chinadaily.com.cn/forumpost.shtml?toppid=46259
http://www.century21cn.com/en/index.asp (no office in Chengdu but you
might find a good email contact here)
http://www.ebeijing.gov.cn/feature/invest/hdfeature/environment/t20031205_85988.htm
http://www.kmpg.gov.cn/dwkf/en/html/main8-6.htm
http://www.sichuaninvest.gov.cn/question_e/zc02_e.html (the only
Chengdu-specific link I've found - see Arts. 33-38)

These are more peripheral but contain potentially useful information:
http://www.cbbc.org/china-guide/gstarted/find_offices.html
http://www.chinaretirement.com/

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