
Selling Chinese Real Estate from Overseas: A Practical Guide to Title, Tax, Foreign Exchange and Remittance Compliance
Introduction: The sale is not finalized upon signing the contract For overseas Chinese descendants or foreign nationals owning property in China, selling real estate might seem straightforward. The seller finds a buyer, signs a sales contract, receives payment in renminbi, pays applicable taxes, and requests a Chinese bank to convert the remaining funds into foreign currency and transfer them abroad. However, the real challenge often lies not in whether the property can be sold, but in proving to the real estate authorities, tax bureau, and bank that the seller is the rightful owner who acquired the property legitimately, is entitled to the proceeds, that the transaction is genuine, taxes have been settled, and the amount requested for remittance does not exceed the seller’s lawful after-tax share. This distinction is especially important for those who have lived outside China for many years, changed nationality, obtained Hong Kong, Macao, or Taiwan identification,







