Real Estate in Vietnam

"Pure business matter; we could lease an industrial land plot on good conditions; housing was more difficult because of regulations at that moment," said one person in Phan Thiet.

"Expat homes and apartments in Vietnam are typically designed for comfort and convenience. Amenities such as modern kitchens, air conditioning, washers and dryers, and digital amenities (cable TV and high-speed internet) are often included. Apartments tend to be quite large, sometimes featuring multiple bedrooms, bathrooms and living areas, perfect for families or groups of friends. Furniture may either be inspired by the traditional Vietnamese style or a mix of modern and traditional. Additionally, most expat homes and apartments will have many added creature comforts, such as a balcony, terrace, garden or pool," remarked one foreigner who made the move to Vietnam.

"The cost of housing in Vietnam varies greatly depending on the location and size. Prices for apartments in major cities range from affordable to very expensive, while buy-and-build land in rural areas is typically much more affordable. In general, living costs in Vietnam are still relatively low compared to many other countries in the region," remarked one foreigner who made the move to Vietnam.

"Expat housing is higher, from $800 for an unfurnished apartment and from $1500 for a small house," explained one person living in Hanoi, Vietnam.

"In 2013 I retired and moved permanently to Viet Nam. I had met a Vietnamese woman and married her in 2014. I purchased a 4 story, 4 bedroom 3 bath home in HCMC for $140,000 and I have been living here happily ever since. I live in a Vietnamese district where there are very few foreigners, but I have met some at the pool I go to and at my gym. I also have a number of Vietnamese friends," said one expat in Ho Chi Minh.

"It depends on your personal preferences and financial situation. Buying a home in Vietnam can be a good option if you plan on staying in the country for a longer period of time, as it could be a sound investment opportunity. On the other hand, renting a home in Vietnam provides more flexibility and you are not tied to the maintenance and other financial responsibilities that come with buying a property. Ultimately, you should consider your particular circumstances when making your decision," remarked one member in Vietnam.

"1. It is wise to consult specialized lawyers when contemplating purchasing property in Vietnam, as laws and regulations can be complex and vary from municipality to municipality. 2. Land in Vietnam is typically state-owned and is leased to individuals more often than it is sold outright. 3. The foreign ownership of property in Vietnam has various restrictions and limitations. 4. Overseas buyers must Incorporate a Vietnam-registered company in order to hold title to property in Vietnam. 5. All forms of real estate transactions involving foreigners must be processed in accordance with applicable Vietnamese laws and regulations. 6. Due diligence concerning the title and liens on the property must be undertaken, as well as a survey conducted prior to finalizing the purchase. 7. It is important to stay informed of any changes to laws and regulations regarding foreign ownership of property in Vietnam," explained one foreigner living in Vietnam.

"Yes, foreigners are allowed to own property in Vietnam. The Law on Housing of 2014 allows foreign individuals and organizations to own property in Vietnam, provided they meet certain conditions. These conditions include having a valid passport or visa, having a valid work permit, and having a valid residence permit. Foreigners are also allowed to lease property in Vietnam for up to 50 years. However, they are not allowed to own land in Vietnam," remarked one foreigner who made the move to Vietnam.

"Typically, rental properties in Vietnam come with basic kitchen appliances such as a fridge, stove, and electric cooktop. There may also be washing machines, electric fans, and air-conditioners. Furnishings and fixtures such as cabinets, closets, and even basic furniture may also be provided. Some rental properties even come with appliances like dishwashers, water heaters, and microwaves," wrote one expat who made the move to Vietnam.

"Expats can search for homes in Vietnam by using online real estate websites, such as Batdongsan.com.vn, to browse listings of available properties. They can also contact local real estate agents to help them find a suitable home. Additionally, expats can search for homes in Vietnam by attending open houses and visiting neighborhoods to get a better feel for the area," wrote one expat who made the move to Vietnam.