Property News · August 7, 2021

Beijing moves to end practice of faking divorce to be able to buy additional home


Authorities in Beijing have introduced rules to stop couples from faking their divorces to be able to buy more homes in China’s capital.Up until now, the city allowed married couples with a Beijing hukou – China’s household registration – to buy two flats in the city. Those without a Beijing hukou as well as singles could buy only one flat. So some couples were getting divorced on paper to be able to buy another property. The new rules, which came into effect on Thursday, are designed to stop…

Source : South China Morning Post
Read more…Beijing moves to end practice of faking divorce to be able to buy additional home

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