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  1. #11
    Join Date
    Sep 2009
    Location
    Wellington
    Posts
    97

    Default

    Quote Originally Posted by [email protected] View Post
    There is also an issue of non residents owning property there. The government changed the rules about 2 years ago from memory. I'm not sure whether you can buy at all or whether it has to be jointly owned with a local. I had an associate who sold millions of dollars of apartments to kiwi's and Ozzies, his busines vanished overnight.

    You don't really own anything there. It will be taken off you after a certain amount of years by the government its like a lease from the Government to you. Once that Lease is up, see ya latter.
    Which is why many people loose out. As noted by Dean.

  2. #12

    Default

    Need to check China product's before check out.

    Regards,

  3. #13
    Join Date
    Mar 2012
    Location
    London
    Posts
    70

    Default

    in my point of view first you should see risk and return, then you should take decision.

  4. #14

    Default

    China is the best place for investment. Last year one of my friends was purchase in 2700sq commercial land in Beijing

  5. #15
    Join Date
    Jun 2004
    Posts
    10,404

    Default

    Quote Originally Posted by jummy125 View Post
    China is the best place for investment. Last year one of my friends was purchase in 2700sq commercial land in Beijing
    so you are saying that they can buy land? Not the right to occupy the land but the land itself?

  6. #16
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,319

    Default

    Wayne you buy it by:

    1) Bribing a bunch of local officials, so they agree the land is yours.
    2) Taking a bunch of guys with axe handles, clubs etc. and removing anyone off 'your' land.

    And then it's 'legally' yours. As long as you don't criticise the party etc.
    Squadly dinky do!

  7. #17
    Join Date
    Jul 2011
    Location
    Tauranga
    Posts
    2,769

    Default

    Sounds like his friend was part of the deal with the commercial building LOL

  8. #18

    Default

    Good Idea but In China real estate law is very stick

  9. #19

    Default

    China announced new limits on the ability of foreigners to buy residential or commercial property on the mainland, in its latest effort to curb the inflows of speculative money into its economy and ease inflationary pressure.

  10. #20

    Default

    Quote Originally Posted by vesmax View Post
    China announced new limits on the ability of foreigners to buy residential or commercial property on the mainland, in its latest effort to curb the inflows of speculative money into its economy and ease inflationary pressure.
    Wow, that's incredible.
    Do other countries do this ?


 

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