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Old 05-26-2008, 07:47 PM
 
226 posts, read 1,033,411 times
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How can one buy land, preferrably raw or prepared land with infrusture but no major structures, in Zhuhai or Jiangmen, Guangdong Province, China, or in nearby areas in Pearl Delta West? How much money would it take and how would I do that?

I heard that property is sold in 70-year leases with the government. Yet, there are also properties that have been in private hands since before the law, therefore making them indefinite-ownership properties as long as the the previous owner agrees to sell the deed. Is that true?

I am also interested in Macau and Hong Kong, but I have heard that those areas are quite expensive for land.
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Old 05-29-2008, 10:28 PM
 
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I'm pretty certain that the Chinese still have that law in effect preventing majority ownership of any kind of investment in China, meaning you'd have to go in with a Chinese Partner. Given the level of corruption at the provincial level ... I think you'd be better off either finding some reputable investment fund that invests in China, or focus on India instead, or find some place the lemmings haven't gotten to yet and ruined with their speculative excess.

Not an expert on that, just going off of scraps I've picked up from public radio and other common sources.
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Old 05-30-2008, 11:40 PM
 
226 posts, read 1,033,411 times
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I do know those who are Chinese or are Chinese expatriates who are equally as interested as I am in Chinese real estate. If I partner up with them, would that work for "ownership"? Ownership is in quotes as land rights are mostly leased?
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Old 07-30-2008, 09:27 PM
 
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You need to know what your are doing in China you can not own the land only a land lease. I have lived and worked in China for over 8 years however I am American. I have learn to speak Chinese some but it is very difficult to understand. Are you interested in buy raw land and develop a property or a apartment to own or rent out?
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