Guide book, Guide book, Real Estate
GUIDE BOOK FOR FOREIGN PERSONS TO PURCHASE HOUSES IN VIETNAM
- Are foreign Individuals (FIs) allowed to own houses in Vietnam? What are the forms of ownership?
- What kinds of houses that can be sold, leased, donated or inherited for foreign persons?
- Are foreign persons allowed to get house ownership on residential land – on which Vietnamese have been living for a long time?
- What are the proportion and number of apartments, houses that foreign persons are allowed to own?
- What are the conditions for Fis to own a house in Vietnam?
- What kinds of taxes and fees applied for foreigners for buying houses?
- What kind of taxes and fees applied for foreigners for selling their houses?
- Whose houses can Fis buy?
- What are the rights of Fis in respect of ownership?
- What are the limitations for Fis when own housing in vietnam?
In cases foreigners are donated or inherited the number of houses exceeding the permitted number of houses?
- How long are FIs allowed to own a house? What should be done if that period is expired?
- What are the procedures for extension of ownership duration of FIs?
- Are FIs allowed to transfer the ownership of the house?
- How long are FIs allowed to own the house if they are married to Vietnamese citizens?
- At what state of the project are FIs allowed to exercise the buying and selling rights?
- What are the differences between Red book and Pink book?
- What are the procedures for buying and selling houses for another Fis, FOs?
- Are FIs allowed to sublease the houses? What are the conditions for subleasing?
- What does FIs need to do in real estate business?
- Are Fis allowed to authorize Vietnam citizens to supervise, manage and lease the house?
- Can foreigners rent real estate companies to supervise, manage and lease houses?
- What are the payment methods for the Investor to buy houses?
- Is it compulsory to make a notarized contract?
- Other notes for buying houses in Vietnam:FOREIGN ORGANIZATIONS SALE AND PURCHASE HOUSING IN VIETNAM
- What are the foreign organizations (FOs)?
- What are the forms of owning a house in Vietnam?
- What kind of houses are FOs allowed to own?
- What are the conditions FOs need to fulfill?
- What is the purpose of using houses?
- Are houses allowed to be used as the company headquarter or to be subleased?
- How long are FOs allowed to own their houses?
- Are FOs allowed to retransfer their houses?
- What are the fees and taxes payable by the foreign organization when transfering their houses?
- Will Pink book beissued with a 50-year term when FOs buying houses?
- What will happen if FOs go bankrupt or be dissolved?
- What is the new term of ownership in cases FOs re-sell houses to Vietnamese persons and organizatios when the duration of the house ownership is about to expire?
- What is the new ownership term when FOs sell houses of which the duration of the ownership is about to expire to Vietnamese persons and organizatios?
- What are the solutions if the duration of the ownership expires but the State do not exercise the selling right?
- What will happen if FOs not operating in Vietnam, Fis not allowed to enter Vietnam but are donated or inherited houses in Vietnam?
- What will happen if foreign persons or organizations buy more than the permitted number (rate) of the house
- List of houses (apartments, flats) – areas of national security and defense
- What shall be done in cases foreign persons and organizations who have signed sale contracts for the house that belongs to the areas which need to be secured and are waiting for certificates of purchase?
- Is the certificate being “postponed” if the house purchased from other foreign persons, organizations that have been granted the certificate?
- Are foreign persons buy and sell houses allowed for profit?INCO MINH ANH LIMITED COMPANYAddress: 8th floor, Bao Nong Thon Ngay Nay Tower,Lot E2, New Urban Area of Cau Giay,Yen Hoa Ward, Cau Giay District, Hanoi.Tel: (084) 982 674 857
Email: [email protected]
Website: www.trustconsulting.vn
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