Tax Rate on Rental Income
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Nonresidents are taxed on their Vietnamese-sourced income. Married couples are assessed separately and there is no provision for joint taxation.
Nonresidents are liable to pay income tax on rental revenue if it exceeds 100,000,000 VND per annum. In addition, 5% VAT needs to be paid from rental income.
CAPITAL GAINS TAX
Income earned by nonresidents from transfer of real estate is taxed at a flat rate of 2% on the gross sale proceeds.
Non-agricultural land is subject to land tax at progressive rates, from 0.03% to 0.15%. The tax base is the land area used based on the prescribed price per square meter.