Taxes and fees for buying second hand property in Qingdao have recently changed:

(1)  If the property is under under 144 m² and more than 5 years old, the buyers need to pay the title deed tax plus 5.5% business tax.

(2)  If the property is more than 144 m² but less than 5 years old, the buyers need to pay the title deed tax plus 2% personal tax and 5.5% business tax.

(3)  If the property is more than 144 m² and more than 5 years old, the buyers will only need to pay the title deed tax plus business tax.

Data provided by:  Qingdao Real Estate & Relocation Team.