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Beijing eases homebuying rules for non-residents, cutting social insurance, income tax requirement to one year_我的网站

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    A construction site of a residential complex in Chaoyang district, Beijing on August 1, 2025 Photo: VCG
Beijing's housing authority announced on Friday that the social insurance or individual income tax payment requirement for non-Beijing-registered families to purchase commercial residential properties within the city's fifth ring road will be reduced from "two years" to "one year," effective Saturday.
The new rule, jointly announced by the Beijing Municipal Commission of Housing and Urban-Rural Development, the Beijing Municipal Commission of Planning and Natural Resources, and the Beijing Housing Provident Fund Management Center, aims to further optimize and adjust the city's real estate policies.
Following this adjustment, the social insurance or income tax payment requirement for non-resident families purchasing commercial residential properties throughout the entire city is uniformly set at one year, while the number of units they may purchase remains unchanged.
Specifically, non-resident families that have paid social insurance or individual income tax for at least one year are eligible to purchase one commercial residential unit within the fifth ring road, and families with multiple children may purchase one additional unit. Outside the fifth ring road, there is no limit on the number of units they may purchase.
。    (ECNS) -- The “Made-in-Russia” festive fair, hosted by the Russian Export Center (REC), opened in Tianjin on Saturday, marking the event’s first launch in the city.    The five-day fair features nearly 60 booths operated by Russian manufacturers, displaying food, agricultural produce, daily consumer goods, jewelry and other categories. Live performances featured excerpts from Swan Lake and The Nutcracker by the Moscow Classical Ballet Theatre, alongside a Russian folk instrumental duo and pop vocalists in a joint appearance.    Veronika Nikishina, general director of the REC, explained that a dacha (дача in Russian), a countryside summer villa in Russia, embodies a lifestyle away from urban hustle for Russian people.    Over the past two years, more than 500 Russian firms have taken part in the events, holding around 2,000 business meetings. Total value of signed export contracts exceeded 15 billion rubles (about $178.56 million). Exhibited goods have expanded from food to daily consumer goods and folk handicrafts, according to Tatyana An, vice president of the REC.    Prior to this event, the Russian Export Center has held seven similar promotional activities across China. The center is implementing the overseas promotion program for the national “Made-in-Russia” brand, which was approved by the Russian government in February 2025.    (By Xu Wenda, Zhang Dongfang)                         。

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Published on:16:21:41