DAVID THÁI - property investment consultant & start-up entrepreneur

Now all foreign individuals who are granted entry into Vietnam and all foreign investment funds, banks, Vietnamese branches & representative offices of overseas companies are able to buy properties here. 

Long-Term Lease (LTL) is another way of owning house in Vietnam when the Quota limit of 30% is ended up. Basically, the Terms & Conditions in the 2 contracts are almost the same. And the biggest advantage of signing this is the investors don't have to pay the Income Tax (2%) when they transfer to another buyer... 

From A-Z guide in brief for foreigners to buy property in Vietnam.

• What are the steps, taxes & fees?

• How long is the ownership?

• How can you buy, lease and sell? 

BUY, LEASE/SELL & TRANSFER the profit back to your home country via international banking systems. When you sell, Vietnam needs more legal proofs