Hanoi, Vietnam

Are foreigners allowed to own property in Vietnam?

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CitizenM
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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," mentioned another expat when asked about moving to Vietnam.

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Are foreigners allowed to own property in Vietnam?

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About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of InternationalTravel.ai and serves as Co-President of Expat Exchange. Prior to Expat Exchange and InternationalTravel.ai, 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. Connect with Joshua on LinkedIn.

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