Can Viet Kieu buy residential property in Vietnam and put my own name on the title of the house?

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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.