The housing market in Vietnam has been growing incredibly for the past few years, especially from 2015, when the new Law on Housing 2014 came into effect. The Law on Housing 2014 introduced significant improvements into foreign homeownership. This created attractive opportunities for foreigners buying house and investing in property market in Vietnam. Whether you just started to study, ready to buy or already owned a property in Vietnam, you can find here the most comprehensive guide and up-to-date analysis on housing market in Vietnam.
Considering Buying a House in Vietnam?
Can Foreigner Buy a House in Vietnam
From 2015, foreigners can buy house and invest in property in Vietnam. We explain in detail about the latest laws on foreign homeownership, as well as other regulations on buying and selling house in Vietnam
Which City to Buy a House in Vietnam
Choose the city to buy house and invest in property is the first important decision. Depending on your budget, investment style and buying purpose, you may find each city offer their own property type, potential growth, and rental yield.
Housing Market in Vietnam: Important Things to Know
The Pink Book (Certificate of Homeownership)
Pink book is the highest form of homeownership in Vietnam. What are the most essential things you need to understand about the pink book?
The Sell and Purchase Agreement (SPA)
This is the legal document you work with each time you buy and sell your house in Vietnam.
Tax and Fee on Housing in Vietnam
Vietnam, as of 2020, maintains the same tax and fee system on homeownership and housing transaction for local and foreigners. The best thing is, while property capital growth contributes a large portion of investment income, there is still no tax on capital gain. Read this article on the latest up to date information about tax and fee on housing
Mortgage in Vietnam
While mortgage is still not available for foreigners in Vietnam, it is important to understand how the system works and how it influences the housing market.
The Process to Buy House in Vietnam
Buy House in Vietnam: The Primary Market
When you buy a house directly from a housing project developer, we call it a buying on the primary market. Most of the time, it will be an off-plan property. The buying process is standard and simple. Still, there are popular mistakes you should avoid.
Buy House in Vietnam: The Secondary Market
When you buy a house from another person, we call it a buying on the secondary market. The buying process is more complicated, required more efforts and procedures.
Transferring Money to Vietnam to Buy House
All the about choosing the bank, opening, and managing the bank account, how to transfer money to Vietnam to buy house, and transfer money back to your home country after selling your house.
Already Owned Your House in Vietnam?
Leasing Your House in Vietnam
Leasing is the naturally next step after buying your house. The rental yield varies from district to district. How to set the suitable monthly rental rate? How to manage your house when leasing? How to find good tenants in a shortest time? In this article we will cover these important questions as well as other things you should know when leasing your house in Vietnam
Selling Your House in Vietnam
You can sell your house to transfer money back to your home country, or to reinvest in another, more attractive property in Vietnam. Like leasing, here you also need to determine the right selling price. Setting the price too high makes it hard to find the buyers, while setting the price too low will affect negatively to your return on investment (ROI). You also need to find the best agent to sell your house, as well as how to fulfill your tax payment after selling.
Transferring Money Back to Your Home Country
Sooner or later, you will transfer money back to your home country. While this is the last step, you should prepare for it right from the beginning and keep track of all the documentation. Here we will describe the most popular misunderstandings and how to avoid the problems.