境外个人境内限购房令取消？系误读 只是结汇支付优化

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has issued a notice to deepen the reform of foreign exchange management for cross-border investment and financing, aiming to enhance the convenience of cross-border investment and financing in the real estate sector [1][2]. Group 1: Policy Changes - The notice reduces the negative list for the use of foreign exchange income and its converted RMB for domestic payments, specifically removing restrictions on purchasing non-self-occupied residential properties [2][5]. - The policy facilitates the foreign exchange settlement for overseas individuals purchasing properties in China, allowing them to settle payments before obtaining the necessary purchase registration documents from real estate authorities [4][6]. Group 2: Implementation and Impact - The pilot program for Hong Kong and Macau residents in the Guangdong-Hong Kong-Macao Greater Bay Area, which allows for "settle first, supplement later" measures, will be expanded nationwide [3][4]. - As of January 2025, the People's Bank of China in Guangdong has processed 2,603 transactions for Hong Kong and Macau residents, amounting to approximately RMB 2.993 billion, indicating strong demand for cross-border property purchases [3]. Group 3: Regulatory Context - The policy adjustments come in response to changes in the domestic real estate market and aim to support stable development while preventing speculative activities [6]. - The SAFE emphasizes that the new measures do not alter existing policies regarding the qualifications for overseas individuals to purchase properties in China [6].