国家外汇管理局：便利境外个人境内购房结汇支付

The State Administration of Foreign Exchange has issued a notice regarding the deepening of reforms in the foreign exchange management of cross-border investment and financing. The notice proposes to facilitate the foreign exchange settlement and payment for overseas individuals purchasing real estate in China. Overseas individuals, upon meeting the qualification requirements set by the real estate regulatory authorities and local governments, can first handle the foreign exchange settlement and payment related to the purchase at the bank with the purchase contract or agreement before obtaining the real estate registration certificate from the regulatory authorities. Subsequently, they can submit the real estate registration certificate to the bank. The facilitation of foreign exchange settlement and payment for domestic real estate purchases does not change the policies for overseas individuals purchasing real estate in China