China’s residential property market has been in limbo in the past years, but we’ve seen increased activity in its commercial property market recently.
Having said that, China faces many issues due to a weakening economy that relies heavily on real estate, demographic challenges, and an escalating trade war with the US.
Besides, it’s not the easiest place to acquire property as a foreigner due to strict foreign ownership regulations.
In this article, we review the following topics:
- Can foreigners buy commercial property in China?
- The Commercial Property Market in China
- Best Cities to Buy Commercial Property in China
- Commercial Property Taxes
Can foreigners buy commercial property in China?
This is not a yes or no question, as it depends if you buy as a private investor or through a local company. Let’s review both options to see what kind of property that foreigners can get hold of in China.
China is one of the least preferred destinations among private individuals who wish to capitalize on growing real estate markets in Asia. Most buyers of residential property buy for personal reasons.
Truth be told, China has one of the most overvalued markets in the world, low rental yields, and comparably strict foreign ownership regulations. For example, you must live there for at least one year before you can buy one residential unit.
Yes, you heard that right – one unit.
On top of that, you’re not allowed to own land like in Japan, Korea, and Malaysia. Continue reading Investing in Commercial Property in China: Complete Guide