Property Tax

Selling Chinese Real Estate from Overseas: A Practical Guide to Title, Tax, Foreign Exchange and Remittance Compliance

Introduction: The sale is not finalized upon signing the contract For overseas Chinese descendants or foreign nationals owning property in China, selling real estate might seem straightforward. The seller finds a buyer, signs a sales contract, receives payment in renminbi, pays applicable taxes, and requests a Chinese bank to convert the remaining funds into foreign […]