Question: Hello. I want to ask, is it possible for Viet Kieu to buy residential property in Vietnam and put my own name on the title of the house? I do not have Vietnam Citizen, I only have US Citizen. Are there any conditions that I need to pass in order to buy property in Vietnam and what are those conditions? Your reply is greatly appreciated. Thank you.
Answer: This is reference to your email below. Regarding to your question, we would like to confirm as follows:
Under Vietnam Law, foreigner can buy property in Vietnam. However, he/she must satisfy one of following conditions:
(i) Having directly invested in Vietnam or being employed by a Vietnam-based company for management purpose;
(ii) Getting married with Vietnam Citizenz;
(iii) Having great contribution to Vietnam and being honored by Vietnamese President;
(iv) Being working in important fields and have proper academic certificates or holding special knowledge and/or skill as required by Vietnam Government.
We do hope that the above information is helpful for you. If you have any further inquiry, please feel free to contact us.
