Are foreigners allowed to own property in Ningbo?
When we asked expats in Ningbo if foreigners are allowed to own property, they answered...
"Foreigners are allowed to own property in Ningbo, but there are certain restrictions. Foreigners are only allowed to own residential property, and they must have a valid Chinese visa and residence permit. Additionally, the property must be registered with the local government and the foreigner must provide proof of their identity and financial status. Furthermore, the property must be used for residential purposes only and cannot be used for business or commercial activities," wrote a member who made the move to Ningbo, China.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Are foreigners allowed to own property in Ningbo?
If you live in Ningbo, newcomers to Ningbo would love to hear your answer to this question: