Are foreigners allowed to own property in Vietnam?
When we asked expats in Vietnam if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Vietnam. The Law on Housing of 2014 allows foreign individuals and organizations to own property in Vietnam, provided they meet certain conditions. These conditions include having a valid passport or visa, having a valid work permit, and having a valid residence permit. Foreigners are also allowed to lease property in Vietnam for up to 50 years. However, they are not allowed to own land in Vietnam," remarked another expat in Vietnam.
Other Questions:
- What do I need to know before moving to Vietnam?
- How do I find a place to live in Vietnam?
- What is a typical expat home or apartment like in Vietnam?
- What is the average cost of housing in Vietnam?
- Should I buy or rent a home in Vietnam?
- What should I pack when moving to Vietnam?
- What cultural faux pas should I try to avoid making in Vietnam?
- Why do people move to Vietnam?
- What are healthcare services like in Vietnam?
- What are medical services in Vietnam like?
- What are typical rents in Vietnam?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in Vietnam?
If you live in Vietnam, newcomers to Vietnam would love to hear your answer to this question:
About the Author
Joshua Wood is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
