Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images
Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images
China property

Shanghai changes rules to stop couples from faking divorces as they vie for less up-front money to buy residential property

  • Divorced homebuyers will no longer be considered first-time buyers for a period of three years if they had owned a property during their marriage
  • Shanghai’s housing bureau also extended the dutiable period for a 5.3 per cent value-added tax to five years in the resale of homes

Topic |   China property
Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images
Young couple posing for pre-wedding photos on the Shanghai Bund. Photo: Shutterstock Images
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