Buying Property In Shanghai May 2026
Apply for official security examination approval. This involves providing notarized Chinese translations of all foreign documents, including your passport and labor contract.
Before signing a contract, submit a preliminary qualification review to a developer or agent. buying property in shanghai
You must provide proof of continuous individual income tax or social security contributions for at least one consecutive year (reduced from three years in February 2026). Apply for official security examination approval
Secondary home prices in Shanghai rose approximately 0.4% month-on-month in March 2026, marking a period of stabilization after a prolonged slump. buying property in shanghai
Sign a preliminary contract and pay a deposit, usually between 1% and 5%.
You must have worked or lived in Shanghai for at least one year on a valid residence permit.