In recent years, Heyuan, an eco-friendly and livable city, has gradually come into the view of Hong Kong homebuyers. Compared with first-tier cities such as Shenzhen and Guangzhou, Heyuan real estate remains highly affordable. At the same time, its superior natural environment and relaxed pace of life make it an attractive option for Hong Kong residents seeking vacation or retirement.
This article will give you a detailed introduction to the complete process of Hong Kong residents purchasing property in Heyuan—from preliminary preparation and property selection, to tax calculation, contract signing, inspection, and handover—helping you stay well-informed at every stage.
1. Preliminary preparation: home purchase qualifications and financial planning
Home Buying Qualifications
According to the policies of Guangdong Province and Heyuan City, Hong Kong residents can mainly purchase property in Heyuan through the following channels:
- Self-occupied housing: Hong Kong permanent residents holding a Home Return Permit (Mainland Travel Permit for Hong Kong and Macao Residents) can purchase one self-use residential property in Heyuan without the need to provide mainland social security or tax certificates.
- Investment purchase: If you already own a property, according to the local purchase restrictions, buying a second home in Heyuan requires providing a work certificate or proof of continuous tax/social security contributions in Heyuan for at least 12 months.
- Buying a house in the name of a company: Some Hong Kong businessmen will choose to register a company in the Mainland and purchase commercial or residential properties through the company’s name. This method is more flexible, but the taxes and subsequent management are more complicated.
Financial Planning
There are two main ways for Hong Kong residents to arrange funds for buying a house:
- One-time payment: Convert Hong Kong dollars into RMB, transfer the funds legally across the border into a mainland account, and pay the full amount for the property.
- Mortgage Loans: You can apply for a mortgage loan at mainland banks, with a down payment ratio of around 30% for the first home and about 40%–60% for the second home. The maximum loan term is 30 years. Hong Kong and Macao residents applying for loans need to provide proof of income, bank statements, credit records and other materials.
2. Property recommendations
Heyuan’s real estate market is mainly concentrated in Yuancheng District, Jiangdong New District and the new town section of Dongyuan County. Hong Kong residents can focus on the following properties when choosing a home:
Country Garden · Phoenix Terrace
- Location: Jiangdong New District, close to East Ring Road and Heyuan East High-speed Railway Station.
- Average price: approximately 7,200 yuan/㎡
- Features: Country Garden has a high national brand recognition, with mature landscaping and standardized property management. Jiangdong New District will be the core development area of Heyuan City in the future, giving it great potential for value appreciation. The transportation is convenient, making it very easy for Hong Kong people to travel between Heyuan and Hong Kong.
- Suitable for people: Owners and investors who value convenient transportation and pursue quality of living.
Poly Dongjiang Capital
- Location: Next to the main road in Yuancheng District, close to the city center.
- Average price: approximately 6,600 yuan/㎡
- Features: Developed by a central state-owned enterprise with reliable quality, the project comes with its own commercial facilities and is within walking distance to schools and shopping areas.
- Suitable for: families who value convenient living and seek well-established school district facilities.
Wanda Huafu
- Location: CBD area of Yuancheng District.
- Average price: approximately 10,200 yuan/㎡
- Features: A commercial complex project with the community located next to Wanda Mall, offering complete living and entertainment facilities and high potential for value appreciation.
- Suitable for: young homebuyers and investment buyers.
Dongcheng International Garden
- Location: Xincheng District, Dongyuan County.
- Average price: approximately 5,400 yuan/㎡
- Features: High cost-performance ratio, suitable for buyers with a limited budget who want larger units (mainly 4-bedroom layouts). The current supporting facilities are relatively poor, and the surrounding infrastructure is being improved.
- Suitable for: Retirement and vacation buyers.
3. House Purchase Process
- House viewing and booking
After selecting your preferred property, you will sign the subscription agreement and pay the deposit (usually between 10,000–30,000 RMB), and you must have a Home Return Permit.
- Signing a contract
The developer will provide the Commercial Housing Sale and Purchase Contract, which you should carefully review for property details, delivery date, breach of contract clauses, and other terms, and sign the contract once everything is confirmed.
- Payment of housing price and related taxes
After signing the contract, you need to pay the down payment (usually 30%) and taxes. If you do not have a mortgage, you need to pay the full amount.
- Mortgage application (if necessary)
Submit loan application materials to the partner bank. After approval, sign the loan contract and complete the mortgage registration.
- Property registration
Bring all required documents, including the purchase contract, loan contract, invoice, deed tax certificate, and Home Return Permit, to the real estate registration office to apply for the property ownership certificate. The process typically takes 1–2 months.
- Home Inspection and Delivery
Inspect the property at the contractually agreed time. After passing the inspection, sign the handover documents and receive the keys and property management information.
4. Tax and Fee Details
The taxes and fees that Hong Kong residents need to pay when purchasing property in Heyuan are basically the same as those paid by mainland buyers, mainly including:
| Tax items | Charging Standards (Residential) | Remark |
| Deed Tax | 3% for the first house, 4% for the second house | |
| VAT(value-added tax) | Second-hand housing within 2 years: 5% | New houses and houses over two years old are exempt from VAT |
| Stamp Duty | 0.05% | |
| Maintenance Fund | 2%-3% |
5. Conclusion
For Hong Kong people, buying a house in Heyuan is not only an investment option, but also a change in lifestyle. Whether it is for vacation or retirement, or for ecological livability, Heyuan real estate provides relatively low-threshold, cost-effective property opportunities.
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