Buying a home: Things you need to know

If you plan to live in Shanghai for a long time, you may begin to consider buying a house.

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. It's very important if you want to buy a house in the city. 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. This fund is a long-term savings plan created for individuals for buying (or renting) a house. The personal account will be contributed by monthly deposits by both employers and employees.

Monthly contributions to housing provident fund in Shanghai

Mortgage interest rates through personal housing provident fund