Buying a home: Things you need to know

To be eligible for buying a house in Shanghai, you need to hold Chinese permanent residency or have worked in Shanghai for at least one year.

How much should I contribute to the housing provident fund?

If you work in Shanghai, don't forget to ask your company to set up and contribute to your housing provident fund. Here is an illustration to show you how much you should contribute to your housing provident fund. 

How does an employer open a personal housing provident fund account?

If you hold a Foreign Permanent Resident ID Card, your employer can open a personal housing provident fund account online for you. The personal account will be contributed by monthly deposits by both employers and employees.

Monthly contributions to housing provident fund in Shanghai

Here is a table showing the monthly contribution rates to your housing provident fund.

Mortgage interest rates for personal housing provident fund loans

The table shows the mortgage interest rates for personal housing provident fund loans.