Core Points - Shanghai has announced an optimization and adjustment of the personal housing property tax pilot policy, effective from January 1, 2025, which includes tax exemptions for certain qualified individuals [1][2][3] Group 1: Policy Details - Individuals holding a Shanghai residence permit and working in the city, including high-level talents and urgently needed talents, will be exempt from property tax on their first home purchased in Shanghai [1] - For second homes and beyond, if the combined area of all family housing does not exceed 60 square meters per person, the new purchase will also be exempt from property tax; if it exceeds, tax will be calculated on the excess area [1][3] - Individuals who hold a Shanghai residence permit for less than three years will initially be taxed, but can apply for a refund once they meet the three-year requirement [2] Group 2: Historical Context - The personal housing property tax pilot policy in Shanghai has been in place for over ten years, with the initial guidelines established in January 2011 [2]
上海楼市,突发重磅
Zheng Quan Shi Bao·2025-09-19 08:07