Yes. A foreign company can sell property in China even without a registered local entity. However, the transaction must be structured carefully to comply with tax clearance requirements, regulated bank settlement procedures, and SAFE-approved cross-border fund remittance.
Yes. Foreign individuals do not need to be physically present in China to complete a property sale.
Through a notarized and hague apostilled power of attorney, the owner may authorize a trusted representative to handle the entire transaction process on their behalf, including property transfer, tax procedures, and related formalities.
If the passport has been renewed or changed between the property purchase and sale, you must obtain an official attestation to confirm that the old passport and the new passport belong to the same individual.
Yes, as long as the relevant documents are prepared in accordance with regulations, you may handle the foreign exchange purchase and outward remittance of the housing sale proceeds based on your immigration status.
Yes, as long as all required documents are ready, you can process foreign exchange purchase and outward remittance in one time.
It depends on which city the property is located in. If the city does not impose property purchase restrictions, the procedure can be processed directly only if the relevant documents required are ready. If the city has purchase restrictions, such as Beijing, the party whose name is being added or changed must hold valid property purchase qualification. Regarding taxes: This transaction is tax-exempt.
Many transactions fail due to unclear payment structures, lack of tax planning, and uncertainty around cross-border fund remittance. Without a compliant and pre-designed transaction pathway, buyers often withdraw due to perceived regulatory risk.
Foreign-owned property sales may involve multiple taxes, including value-added tax, land appreciation tax, and corporate income tax. Accurate tax assessment and clearance are essential before ownership transfer and fund remittance can proceed.
When a foreign individual sells property in China, several taxes may apply depending on the property type, holding period, and transaction structure. Commonly applicable taxes include value-added tax (VAT), individual income tax, and surcharges related to the transaction. In certain cases, exemptions or preferential treatments may apply if specific conditions are met. Accurate tax assessment and proper clearance with local tax authorities are essential before ownership transfer and cross-border fund remittance can proceed.
It is important to make a clear plan in advance. In addition to understanding the procedures and documents required for the sale, researching the current market price of the property, and preparing for the outward remittance of the sale proceeds, you should also decide which country you plan to remit the funds to. Many countries implement global taxation and double taxation, so you need to learn in advance about the local tax policies of the destination country — and even state or regional governments — where the funds will be received, as well as what supporting documents must be submitted. This way, you can have everything ready in advance during the property transaction process.