Shanghai Lingang New Area New Housing Purchase Policy
2019-09-05 1185
As far as Shanghai Nuodi Law Firm knows, Shanghai Lingang New Area adopts new and special housing policy since its establishment.
1, A talent, who are not Shanghainess but meets certain conditions, can buy a new area of ordinary commercial apartment；
2, To shorten the period of time for non-resident talents to pay individual income tax or social security for house purchase in the new district, and adjust the period of continuous payment of more than 5 years or more before the date of purchase to continuous payment of more than 3 years or more.
3, To implement the policy of limiting the price of commercial housing, and build public rental houses, which will be rented for public use within 10 years after completion, and sold on the market as commercial housing units 10 years later.
