Xinqingan is a special subsidy regulation established by the government to promote housing justice, combat real estate speculation, and take care of young people.
The main subsidy target is for people who do not have their own houses, and they can only apply once in a lifetime for purely self-occupied use. When you apply, you will be asked to sign the "purely self-occupied" terms of use.
Recently, the Executive Yuan also called for the Ministry of Finance to work with the Ministry of the Interior to strengthen the inspection of applicants through data checking and comparison, eliminate situations that are not consistent with the purpose of self-occupation, and never sit back and watch the chaos that disrupts the order of real estate market transactions.
Recently, I often see people asking questions about the ambiguity: "I bought a Toten Pure for my own use, and I really live in it. Can I open a store and do business on that floor?"
The result, of course, is, “No!!!”
Please first understand the meaning of "self-occupied". It should be a residence that is purely used as a residence, not "self-used"! If you use it for business to earn revenue, it no longer constitutes full residential use!
Although it sounds vague, according to the logic of the bank and the government, "business registration" is not purely residential, so in principle it is not possible.
If you apply for Xinqing'an and start a revenue-generating business, if you have not registered a business and it is only a small amount of private business, as long as you are not reported, it will be fine, but if you are not afraid of 10,000 yuan, you are afraid of the worst, as long as you are found out, you will be broken .
Moreover, the government has recently appealed to the outside world that it will conduct a thorough investigation. Do you think the Ministry of Finance is really that easy to do?
Unless you really live in an invincible wilderness, government officials will be bored with the information in their hands. When they pass by your house and see that you happen to be selling something, they will just finish the game and spit out the two million first, and then transfer it. High interest rates.
However, when we apply for Xinqing'an, in addition to the above preferential conditions, the most attractive thing in the future is of course that after paying low taxes for five years, the sales will be combined with heavy taxes on real estate. They cannot be resold within five years, otherwise the tax will be exceeded. The heavy tax, at exactly the same time, can be avoided directly. This is the most critical point that has always been criticized as the culprit of real estate speculation!
There are also many business owners who buy a house with an individual, and then register the business separately, and hire employees to help with the work. Afterwards, they sell the house and want to trade small for a larger tax refund. They find out that there is a business registration fact, that is, they cannot apply for real estate and land cooperation. Tax rebate for one purchase.
Regarding tax rebates for combined real estate and land repurchase, there are many requirements to avoid in this area of information. Let me just talk about the most important point first. Only if the house has not been rented out or used for business within 1 year before the sale can it meet one of the requirements for tax rebates. condition.
Since the sale and purchase of Xinqing'an is still too far away, I will post another article some other time when I have time, about some application requirements for tax rebates for house repurchase. After all, Xinqing'an has only been launched for one year and has not been completed for nearly four years, so It's not used at all at the moment, and it won't be of much help if you know it so early.
There are also many people who have been spreading rumors and openly shouting that Xinqing'an is very good at getting a loan, and 80% of them will be able to apply for a loan!
In fact, there is no such thing, okay! !
Xinqingan only guarantees your interest rate. From the beginning to the three-year period set by the government, it depends on whether you want to use one-stage, two-stage, or mixed. No matter how you use it, the average is 1.775%. Today, there are only two years left. There is also a five-year grace period and a 40-year extension of repayment. There are other additional conditions, but I don’t give you any guarantees!
However, the loan-to-value ratio depends on the condition of the house and the location where you buy it. As long as it is in a "non-urban planning area", even if it is a newly-built house, you may not necessarily be able to get 80% of the loan. Usually, it is a maximum of 70%. , unless your own conditions are tough enough!
In particular, Xinqingan can only apply for loans from the eight major public stocks, which are already super eight-share companies. They are more conservative than other private banks when looking at houses to evaluate the residual value of the house itself.
For example, if you buy a house worth 15 million yuan, most private banks will help you estimate the future development feasibility of the house, and then you can get a loan of 80%. That is, you only need to pay 20% of the down payment of 3 million yuan, and the bank will help you with the remaining 12 million yuan. Check loan.
But it is very likely that after viewing the house, you will feel that the house is not new enough and the location is not good enough. It can only be loaned at 70%, so you will have to raise an additional 1.5 million in self-prepared funds.
However, did you find anything different? ?
I said earlier that Xinqingan can borrow up to 10 million, but if you buy more than 10 million, what should you do if the loan conversion ratio exceeds 10 million?
After all, as long as you don’t buy a small suite, the price of a house nowadays will definitely exceed 10 million. Especially in the greater Taipei area, many high-end junior suites in newly completed houses directly exceed 10 million!
But you don’t have to worry about the incomplete loan. For the money exceeding 10 million, the bank will automatically help you make a two-stage loan. That is, 10 million is the new Qing’an low-interest rate model, and the remaining amount will be made up. The price is for a general loan, and the interest rate depends on each bank's announcement, or how impressive the conditions you can come up with are reviewed.
Also, if the house you buy already has tenants in it, you will not be able to apply for Xinqingan.
Because after you buy the house, you will definitely have to exchange the contract with the tenant, and then the lease will immediately become a fact. However, before applying for Xinqingan, please really open your eyes and read the terms and conditions carefully.
You said it’s okay if you don’t change the contract? If you don't renew the contract, the original owner will become the second landlord to rent it out for you. Do you have to sign another contract with him?
This is not the same fact of leasing, and then the tenant applies for rental subsidies. When the government sees that the location matches the application for Xinqing'an, it has gone through so much trouble in the past and will be fined for violating the rules.
# Xinqing'an # Loans # Home loans # Buying a house # Selling a house # Real estate and land integration # Paying taxes # Violations # Government # Ministry of Finance # Internal Revenue Service # Executive Yuan # Interior Ministry # Real estate speculation # Urban planning area # Egg yolk # Egg white # Egg Shell # business registration # business registration # self-occupied # business # public shares # lease # rent # rent # subsidy # second landlord # private # private
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