Back    Zoom +    Zoom -
<CN Home>Nanjing Promulgates Housing Voucher Policy, Valid for 2 Yrs
Recommend
32
Positive
55
Negative
12
Nanjing’s Urban and Rural Construction Committee promulgated the Measures for Housing Voucher Resettlement in Nanjing (Trial), effective from April 22, 2025, to April 21, 2027.

The policy allows cross-district use of housing vouchers, with remaining balances redeemable for cash, aiming to optimize compensation for property expropriation and improve resettlement efficiency.

Related NewsCHINA OVERSEAS 1Q25 OP Plunges 14.7% YoY
Vouchers are issued under real-name registration, usable by the expropriated person and close relatives, with a 12-month validity period. If unused or forfeited within this period, the original compensation agreement applies.

For housing purchases, the portion of the transaction price within the voucher’s face value is exempt from deed tax, while any excess is taxed per regulations.
AAStocks Financial News