Question

I am an expat, living in Quang Nam. Law office in Danang, Vietnam advise for foreigner buy a house in Vietnam ?

Answer

Can a foreigner buy a house in Vietnam ?

Foreign individuals eligible for homeownership in Vietnam include:

Foreign entities who invest in project-based housing construction in Vietnam as prescribed in this Law and corresponding regulations of law;

Foreign individuals who are allowed to enter Vietnam.

Foreign individuals eligible for homeownership in the following forms:

They invest in project-based housing construction in Vietnam as prescribed in the Law on Housing and corresponding regulations of law; They buy, rent and purchase, receive, or inherit commercial housing including apartments and separate houses in the project for housing construction, except for areas under management relating to national defense and security as prescribed in regulations of the Government.

Requirements pertaining foreigners eligible for the homeownership in Vietnam:

The foreign individual who invests in project-based housing construction in Vietnam as prescribed in the Law on Housing and corresponding regulations of law, is required to have an Investment certificate and have houses which are built under a project as prescribed in this Law and corresponding regulations of law;

The foreign individual who is allowed to enter Vietnam, is required to have a permission to enter Vietnam and he/she is not granted diplomatic immunity and privileges as prescribed.

Legal bases:

Articles 159, 160 Law on Housing No. 65/2014/QH13 dated 11/25/2014;

Decree No. 99/2015/NĐ-CP dated October 20, 2015;

Related topics:

Foreign entities eligible for the homeownership in Vietnam

Contact us:

Call: 0914 165 703 

Email: dmslawfirm@gmail.com 

DMS Lawfirm in Vietnam
Director
(Signed)
Lawyer Do Minh Son