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Housing & Finance

Long Term Housing in China

China Housing

More than likely your employer will set you up with an apartment, for which the cost to you should be minimal. You may or may not be in a building with other Westerners; often teachers at a university or a large school will all live in a "Panda House," or "apartments for foreigners."

Last Updated on Wednesday, 02 April 2014 14:48
Opening Bank Accounts in China

 Bank Cards
When you come to China, it will be more convenient for you if you open a Chinese bank account. Opening a Chinese bank account is actually an easy process, not a nightmare for you as you might expect.

The only actual needed document for a basic account is your passport. You need neither proof of address nor proof of income. When you enter the bank, don’t bother the counter. You can head for an information desk and express the desire to open an account. They will give you a bilingual form. But it is better for you to ask the information desk staff to fill it out for you – they are more careful than you and probably have neater handwriting.

Sample of House-Leasing Contract

A Perfect house-leasing contract is very useful for protecting  your benfits,especially when you are living in a strange country and meet language barriers. The sample of house-leasing contract below would be very helpful when you start to make agreement with householders。In order to protect yourself, detailed information should be listed on the contract, such as location, rental, size, obligations, equpiment.  

Last Updated on Thursday, 11 December 2008 13:05
Rental Contracts in China
Renting in China can be a complicated exercise. As in many places, the process can be complicated and the language barrier can lead to some real misunderstandings. The usual result is that you, as the foreigner, can end up paying more than you expected.

Using an agent to help you through the process can avoid some of the common problems. If not, it may be worth working with a relocation specialist who will help you through the process.
*Bear in mind that even if the Chinese copy of the contract has a translation into English, the Chinese version will be the one used as reference by a court in the event of a dispute.

There are short term (<6 months) and long term (>6 months) leasing contracts in China. Usually to rent an apartment you'll need to rent for a period of at least 6 months but preferably a year. Most owners sign a 1year leasing contract. It is possible to have short term leasing contracts but it depends on the owners and the terms are usually different e.g. rents are usually more expensive.
Last Updated on Monday, 10 November 2008 12:33
How to Find a Place to Live in China
For many years, Chinese government policy was to separate foreigners from the local population by making them live in specially designated and segregated properties. Today, however, expatriates can live in, rent or even purchase housing in China on the same terms as the Chinese. Housing options in China include apartments, dormitories, villas (houses), serviced apartments and hotels.

Many foreigners in China live on a school campus. English teachers are given apartments on the campus; foreign students normally live in a dormitory.

If you want to immerse yourself into Chinese culture and quickly learn Chinese, you should consider renting a room in someone else’s apartment or a shared flat. You can find ads from people looking for flatmates on Chinese housing websites or in English magazines.You will also sometimes find an ad from a Chinese family or individual who desires to live with a native English-speaker and will provide a free room in exchange for language practice.
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