Core Viewpoint - The Shanghai government has announced adjustments to the property tax pilot program to better meet residents' housing needs and promote stable development in the real estate market, effective January 1, 2025 [2][5]. Summary by Sections Policy Adjustments - The new policy provides exemptions from property tax for high-level talents and urgently needed professionals who hold a Shanghai residence permit and have lived and worked in the city for at least three years when purchasing their first home [2]. - For those purchasing a second home or more, property tax exemptions apply if the average per capita housing area does not exceed 60 square meters, including the exempted area [2][5]. Tax Refunds - Homebuyers who hold a residence permit for less than three years will initially be subject to property tax, but can apply for refunds once they meet the three-year requirement and if their housing qualifies for the exemption [3][4]. Implementation Details - The policy is part of the execution details following the "8.25" real estate policy announced on August 25, which also includes tax exemptions for first-time homebuyers who are non-local residents [5].
上海优化调整房产税试点政策，符合条件人士新购首套房暂免征房产税 ｜ 快讯
Sou Hu Cai Jing·2025-09-20 05:48