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Vietnam - more data and information
Comments
#1 RICK KWA | July 14, 2007
Hi Sir/Mdm, I am a foreigner and understand that as a foreigner, I cannot purchase property in Vietnam. Is that true? Hmm... if that is so, I do understand tha the Govt may be discussing and issuing a law to allow foreigners to buy houses in the near future..... Are you aware on this law in discussion... Looking forward to your feedback.... Thanks and best regards Rick
#2 THONG HOANG | January 23, 2008
It is true that the foreigner are not authorized to own land in Vietnam. However, they can lease a property for as long as 50 yr.Regarding to the land owenership law, It is under discussion but may not be changed in the near future.
#3 PHONG | July 07, 2008
on 1/1/2009 the law on property for foreigners is in effect. the foreigner can buy and own the appartment, not land. 10000 foreigners approximated can buy.
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