Ming Wei Real Estate Investments

It is, in principle, possible to obtain mortgage finance, as a foreigner, to buy investment property on the mainland. It is certainly much easier in Hong Kong, and possibly easiest, if on the mainland, in Shanghai. However, as stated on the Oxford and Associates website:

There are plenty of banks in China (international and domestic) willing to lend money to foreigners, including some familiar names such as HSBC. Normally you need to put down a 30% deposit. Lending can be in local currency (Renminbi) or US Dollars. Rates are variable, capital repayment only (although they are starting to think about 'interest only'), and the term depends on the type of property and the age of the borrower. Similar checks and lending policy apply as in Western countries: identification and proof of residency, and proof of income.

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