Buy in VN

 

The approval of the new legislation allowing ownership of property by foreigners is a long-awaited law for expats and foreign investors looking to take advantage of Vietnam’s economic growth.

Those who have said ‘I wish I’d invested in Thailand, Singapore or Jakarta all those years ago’ will jump at the chance of getting in.

Rather than prices, even if relatively lower and with higher yield compared with neighboring markets such as Thailand, Singapore, and Hong Kong, properties in Vietnam are at this moment attractive for how they can be bought.

In an attempt to promote sales, developers are now applying unprecedented payment terms.

Our commercial focus, sector specialists combined with a strong legal support, enable us to deliver completely tailored solutions. With an in-depth knowledge of local market and know how to evaluate the current investment climate correctly, we offer potential buyers a high degree of flexibility and transparency in all decisions.

Delivering you solutions that are aligned to your business objectives, considering how to get the most out of it long-term by maximizing rental rates and reducing tenant turnover.

Vietnamese rental practice is strongly pro-landlord.

Rents are paid well in advance and interest is charged on late payments. Regarding tenant  security: if payment is delayed by 15 days, the landlord has the right to terminate the tenancy agreement by sending a 3-day written notice to the tenant. The landlord is entitled not to return the security deposit and to charge the tenant one month's rent penalty.

The round trip transaction costs in Vietnam are low:

For apartments/villas from projects developed by a company:

VAT - 10%

Registration fee: 0.5%

Notary's fee: is included in the sale price, depending from case to case, it can be shared between buyer and seller or it’ s a buyer’s responsibility.

To  buy apartments/villas from individual landlords:

VAT: 0% - when individuals sell their properties, price is normally inclusive of VAT (which they paid before if these properties were originally bought from projects). When individual buy a property from individual, VAT is not charged.

Registration fee: 0.5%

Notary's fee: is included in the sale price, depending from case to case, it can be shared between buyer and seller or it’s buyer’s responsibility.

 

Many south-east Asian countries have reached a point in recent decades where the general level of affluence rises, the economy is freed up and begins to grow. And now it is your Vietnam’s time.