1. The objects of house owned at Vietnam.

According to Clause 1, Article 159 of the Law on Housing 2014, foreign organizations and individuals may own houses in Vietnam, including:

- Foreign organizations and individuals investing in housing construction under projects in Vietnam in accordance with the Law on Housing and relevant laws.

- Foreign-invested enterprises, branches, representative offices of foreign enterprises, foreign investment funds and foreign bank branches operating in Vietnam.

- Foreign individuals are allowed to enter Vietnam.

Please be noted: Foreigners are only allowed to buy apartments and separate houses in housing construction investment projects.

2. Conditions

For the organizations: must have an investment registration certificate or documents related to being allowed to operate in Vietnam, issued by a competent Vietnamese state agency, which is still valid at the time of signing the house purchase contract.

For individuals: Foreign individuals must meet the following 02 conditions:

- Having a valid passport bearing the entry verification stamp of the Vietnam Immigration Department;

- Not subject to diplomatic privileges and immunities.

Above are the subjects and conditions for foreigners to buy houses in Vietnam. Accordingly, foreigners are only allowed to buy houses in housing construction investment projects and must satisfy all conditions on a case-by-case basis.

For the juridical consultancy, please quickly connect with ATTORNEYS under the Hotline: (+84) 937.029.368 and/or email: info@barrso.com

Best regards

BARRSO