CONSULTING ON HOUSING TRANSFER PROCEDURE FOR FOREIGNERS IN VIETNAM



I. Who owns houses in Vietnam?

  • Foreign organizations and individuals investing on housing construction project in Vietnam;

  • Enterprises with foreign investment, branch or representative offices of foreign enterprises, foreign investment funds and foreign bank branches operating in Vietnam;

  • Foreign citizens are allowed to enter Vietnam.

II. Housing conditions in transfer to foreigners in Vietnam

  • Having a certificate of ownership;

  • Free from disputes, complaints and claims for property rights;

  • Not being distained for judgment;

  • Not being subject to land acquisition;

III. Dossiers required of individuals, foreign organizations to own houses in Vietnam

  • For foreign individuals: passport, permit for entry into Vietnam;

  • For foreign institutions: investment certificates or documents relating to the permitted activities in Vietnam.

IV. Procedures for foreign individuals to own houses in Vietnam

Step 1: Sign contract in sales and purchase, offering, renting, leasing .... houses, apartments.

Step 2: Apply for dossiers of purchasing / offering ... houses to the authorized state agency; 

Step 3: Receive the notification on implementing the financial obligations to the tax authorities and district State Treasury (for the district), Provincial State Treasury to carry out such financial obligations.

Step 4: Submit receipts with fulfilling the financial obligations and receive appointment.

Step 5: Get results upon the appointment.

Implementation period: 30 working days (excluding the time for implementation of financial obligations on land)

To assist clients to ensure safety in the transaction, ensuring the value of real estate investments, LVT Lawyers with a team of lawyers with many years of experience in legal advice about housing ownership for foreigners in Vietnam. Along with the enthusiasm and dedicated work, we assure always put the interests of the clients at the top to fit the motto "Our services, your success". LVT Lawyers provide consultancy services on legal advice about housing ownership for foreigners in Vietnam as follows:

  • Consult on legal issues related to housing transactions for foreigners in Vietnam as follows: legal conditions of housing, participants in real estate transactions, order and procedures for entering into legal agreements on housing ...

  • Review, evaluate, appraise the validity of the houses before conducting transactions related to housing for foreigners in Vietnam;

  • Represent clients in discussions, negotiations in the transaction related to housing for foreigners in Vietnam;

  • Draft contracts and documents related to housing for foreigners in Vietnam;

  • Implement procedures for notarization, authentication of transactions housing for foreigners in Vietnam;

  • On behalf of clients to implement legal procedures for transactions of housing for foreigners in Vietnam at the state agency authorized;

  • Implement procedures for declaration and payment of taxes and financial obligations for transactions of housing for foreigners in Vietnam;

  • Perform other issues related to housing transactions for foreigners in Vietnam.