Notification of Concerning Policies on Housing Provident Fund for Foreigners to Work in Tianjin issued recently by Tianjin government shall take into effect on February 1st, 2018. Foreigners who have already signed labor contracts with the employers registered in Tianjin and have already obtained Foreigner’s Work Permit in the People’s Republic of China or Foreign Permanent Resident ID Card in the People’s Republic of China shall enjoy the same treatment of housing provident fund policy with Tianjin citizens.
Upon satisfaction of related requirements, foreigners can deposit the housing provident fund in accordance with Tianjin relevant provisions on the basis of consensus through negotiation with the employers. After the deposit of the housing provident fund in Tianjin, the foreigners who are going to purchase houses, to rent houses or to pay off loans in Tianjin administrative regions can apply for withdrawing the housing provident fund in accordance with the provisions.