Buying Property in Shanghai: The Basics You Need To Know

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Shanghai is the financial hub and Chinese city that has deserved the most attention in the past decade.

There are not many articles covering the topic how foreigners can buy property in Shanghai, so I decided to write one myself.

In this one, you’ll learn more about regulations to foreign ownership, Shanghai’s property market, average prices, popular real estate agents and more.

Can foreigners buy property in Shanghai?

I’ve already written a complete article explaining how foreigners can buy property in China.

Even if regulations are similar on a national level, prices have soared in Beijing and Shanghai, which has resulted in some additional requirements. Below I’ve listed some regulations to foreign ownership in Shanghai that are worth noting.

How many units can I buy?

You can buy one unit, after you’ve worked or studied in China for a time period of a year. This applies to the whole of China and understandably, you need to provide a number of documents to prove so:

  • Employment contract and tax records
  • Local work permit
  • Resident permit

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How to Buy Property in China: A Complete Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in China (Mainland)?
Click here to get in touch with an experienced agent

Media often speaks about how Chinese property buyers flood markets in countries like Australia and Canada.

On the contrary, what many foreigners know little about, is whether you can buy residential property or land in a growing market like China’s.

In this article I explain the crucial info you need to know when buying, holding and selling property as a foreigner in China.

Can foreigners buy property in China?

You’re allowed to buy one property, but need to either study or work in China for at least one year before that. Additional requirements apply in Beijing and Shanghai.

Additionally, you can buy property directly via developers, individual sellers or an agent (which is not the case in Indonesia, where you need to buy directly from developers).

You should also buy the property for dwelling purposes, hence you’re not allowed to rent out the property and act as a landlord.

There are no restrictions on the type of property you want to buy, which is not always the case. For example, in Singapore, where foreigners generally can’t buy landed houses.

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