General Office of the Ministry of Commerce, Circular on Strengthening the Administration of the Examination and Approval and Record Filing of Foreign Investment in the Real Property Sector
商务部办公厅关于加强外商投资房地产业审批备案管理的通知
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clpstaff &clp articlesMofcom curbs on round-trip real property investment.
Issued: November 22 2010
Main contents: For real property projects that involve the inflow of foreign exchange, the competent commerce department at the provincial level shall, when checking the materials submitted for record filing, make the focus of its check the determination of whether or not the land documents are complete (Article 1). Real property enterprises established in China with foreign capital may not seek to profit by arbitraging on the purchase and sale of existing real property/real property under construction (Article 2).
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