apartments in China

Can i own three apartments in China?

Any restrictions on that?

I am American.

Did you know you can get group discounts on apartment purchases?

China bargain-hunters cash in on cheap property 28 Oct 2008



File this under "Only in China". This report by Melissa Chan of Al-Jazeera has intrigued us with how Chinese buyers are now banding together to shop for apartments so as to bargain for better prices with developers. The practise, known as tuan gou (团购) or 'group purchases', has long been used to buy anything from apparel to household items, but this really is the first time we've heard of apartment buyers using the same tactic. And apparently, the practise is growing.

Originally Posted by Unregistered Can i own three apartments in China? Any restrictions on that? I am American.

If you buy in China, you still do not own it. Its a lease, at the mercy of ever changing policies and mood-swings.

If you have money and you want to buy real estate, buy somewhere in the world where you can legally OWN the land and where enforceable law protects your property.

Just forget about the rest.

Hello,

I am willing to relocate from Pakistan to China. I have a job offer from one Chinese company... my question is will I be able to buy property in China?

Thank you for your advice

[yctp]

Originally Posted by Unregistered Can i own three apartments in China? Any restrictions on that? I am American.

You may own as many as you wish.

I know of know legal impediment.

All the best,

Ken Stone