What is the tax-free car purchase policy for international students?
1 Answers
International students tax-free car purchase policy is that any international student who has graduated from a regular university abroad with a study or advanced training period of more than one year, stays abroad for no more than 2 years after completing their studies, and applies to customs for purchasing a tax-free domestically produced small car within one year from the date of entry, can use cash to purchase one tax-free domestically produced small car within their tax-free limit and the foreign exchange quota brought from abroad. Conditions for international students to purchase a tax-free car: 1. For the purpose of study and advanced training, studying for a degree, engaging in scientific research, or conducting academic exchanges at a regular university, college, or research institution abroad for one academic year or more, with a minimum of 9 months; 2. Returning to China within two years after completing studies; 3. First entry after graduation does not exceed one year; 4. Purchasing a tax-free car counts as one tax-free quota; 5. International students studying or receiving advanced training in Hong Kong, Macau, China enjoy the same treatment.