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Taiwan property open to China Mainlanders

Posted on 03 July 2009

From Cri.cn: Taiwan will open its commercial property market to the Chinese mainland in a bid to woo business investment, but mainland homebuyers will not be able to transfer the properties freely because of worries about real estate speculation, a senior official said Tuesday.
Commercial property can be transferred freely after purchase, but residential properties must be held for three years before being resold, Deng Chen-chung, deputy head of Taiwan’s Economic Affairs Authority, said……….Full Article: Source


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