Beihai, a coastal city in China's Guangxi Zhuang Autonomous Region, has become a popular destination for foreign investors and buyers due to its scenic beauty and relatively relaxed real estate purchase restrictions compared to other major cities in China. Unlike cities like Beijing, Shanghai, and Guangzhou, which impose strict purchase restrictions on non-residents, Beihai allows foreign individuals and entities to purchase property without significant limitations.

The relaxed purchase restrictions in Beihai can be attributed to several factors. Firstly, the city's government has actively promoted real estate investment to stimulate economic growth. This has been part of a broader strategy to attract foreign capital and diversify the local economy. According to data from the National Bureau of Statistics of China, Beihai's real estate investment increased by 20% in 2020, reflecting the city's attractiveness to investors.

Secondly, Beihai's real estate market is not as overheated as some of China's major cities. This has allowed the city to maintain a more balanced and sustainable growth trajectory. The average price of residential properties in Beihai is significantly lower than in cities like Shanghai and Beijing, making it more affordable for foreign buyers. According to a report by the China Real Estate Index System, the average price of a square meter of residential property in Beihai was approximately 7,500 yuan in 2021, compared to over 50,000 yuan in Shanghai.

Furthermore, Beihai's strategic location along the coast has made it a desirable retirement destination for many foreign retirees. The city's warm climate, clean air, and scenic landscapes offer an appealing lifestyle, which has further boosted demand for real estate. The ease of purchasing property in Beihai has made it an attractive option for those looking to invest in or retire to China.

In conclusion, Beihai stands out as a location in China where foreign individuals and entities can purchase property without significant restrictions. This is due to the city's proactive approach to attracting investment, its relatively affordable real estate market, and its strategic location as a coastal retirement destination. The relaxed purchase restrictions in Beihai make it an attractive option for those looking to invest in or retire to China.