Vietnam
What do I need to know when buying property in Vietnam?
When we asked expats what advice they would give a foreigner before buying a property in Vietnam, they said...
"1. It is wise to consult specialized lawyers when contemplating purchasing property in Vietnam, as laws and regulations can be complex and vary from municipality to municipality. 2. Land in Vietnam is typically state-owned and is leased to individuals more often than it is sold outright. 3. The foreign ownership of property in Vietnam has various restrictions and limitations. 4. Overseas buyers must Incorporate a Vietnam-registered company in order to hold title to property in Vietnam. 5. All forms of real estate transactions involving foreigners must be processed in accordance with applicable Vietnamese laws and regulations. 6. Due diligence concerning the title and liens on the property must be undertaken, as well as a survey conducted prior to finalizing the purchase. 7. It is important to stay informed of any changes to laws and regulations regarding foreign ownership of property in Vietnam," explained one expat living in Vietnam.
Other Questions:
- What should I pack when moving to Vietnam?
- Where should I setup a bank account in Vietnam?
- Will I be able to find a job in Vietnam?
- What is life like in Vietnam?
- What do expats in Vietnam appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Vietnam?
- Is there a lot of diversity? Are people in Vietnam accepting of differences?
- What are the schools in Vietnam like?
- What are healthcare services like in Vietnam?
- What are medical services in Vietnam like?
- Are healthcare and health insurance expensive in Vietnam?
- What are emergency services like in Vietnam?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Vietnam?
- How are local medical facilities in Vietnam?
- As a foreigner living in Vietnam, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying 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, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.
