Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has announced reforms to facilitate foreign individuals' currency exchange for real estate purchases in China, allowing them to make payments before obtaining necessary documentation [1] Group 1: Policy Changes - Foreign individuals can now conduct currency exchange for real estate purchases prior to obtaining the real estate registration certificate, provided they meet local purchasing qualifications [1] - The new policy allows foreign buyers to present their purchase contracts or agreements to banks for currency exchange, streamlining the payment process [1] Group 2: Implications - The reform aims to enhance the attractiveness of the Chinese real estate market to foreign investors by simplifying the currency exchange process [1] - The facilitation of currency exchange does not alter existing policies regarding foreign individuals purchasing property in China [1]
外汇局:境外个人可在取得购房备案证明文件之前凭购房合同或协议先行在银行办理购房所涉外汇资金结汇支付
Feng Huang Wang·2025-09-16 08:18