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Housing & Finance
While the house was constructed without any major problems, you had an advantage. Specifically, we have a family friend who owns the real estate company, therefore, small problems we encountered were easily fixed. I assume most expatriates do not have this luxury. One, don’t invest in forward delivery housing - buying property before it’s finished or even begun to be built - the price may be a little cheaper, but the risk is much higher. No one wanted to help and everyone started finger-pointing. Luckily, labor is cheap in China and it only cost us a few hundred US dollars to fix. Two, make sure the area surrounding the property you’re considering has all the amenities and infrastructure you’re looking for.
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How To Exchange RMB In China

Housing & Finance

A foreigner can bring cash and exchange RMB at banks in China. A foreigner can also get the money exchanged through traveler’s check. Credit cards can also be used. What follows is a more detailed explanation.

Housing & Finance
Foreigners who intend to buy a house in Beijing need a certificate issued by the Beijing Municipal Public Security Bureau to prove that they have stayed in China for at least one year for reasons of work or study, according to a statement jointly issued by six ministries led by the Construction Ministry. The rule required that foreigners only use and dwell in the house themselves and not buy a house for other purposes. Foreigners were also required to use their real names when buying a house in China.
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