Hi Susan,

Hi Susan,

Out of interest (I'm not an expert on this): Would it make sense to ask a Chinese serving as a 3rd party to buy an apartment and transfer ownership afterwards to a foreigner (let's leave gift tax aside at this point)? Is this a practical way to circumvent the two restrictions?

In other words, do the restrictions solely affect the buying process or do they apply to ownership in general? In the way I suggested it would be possible for a foreigner to get an unlimited amounts of units of properties transferred to him, regardless of how long he's been living in China.
Posted by DB at 2008-04-06 18:21:41
Commented on
New Rules to Push Down House Price