What are the conditions for buying a house in Vietnam and how to buy a house in Vietnam?

Buying a house in China can no longer meet people's needs, and the house price in China has been changing. Although it will decrease occasionally, it will increase more. Faced with this situation, many people feel that the pressure of buying a house is relatively high, so they want to buy a house abroad. However, buying a house abroad should also understand the local housing policy, what conditions are needed to buy a house in Vietnam, and how to buy a house in Vietnam. The following is the relevant introduction.

What are the requirements for buying a house in Vietnam?

Individuals buying a house in Vietnam must have valid visas, passports and other documents, which means that foreigners who legally enter Vietnam are eligible to buy a house. For enterprises that want to open branches in Vietnam and buy real estate, they need to have effective information such as investment license and office certificate to ensure the validity of the house purchase contract.

1. If foreigners want to buy a house in Vietnam, they must prepare enough funds, especially in Hanoi, the capital of Vietnam, and Hu Ming, the largest city, and they need more money, because foreigners need to pay all the money in one lump sum when buying a house in Vietnam. Moreover, there are many procedures for buying a house in Vietnam, and it costs more money to buy a house from a private hand.

Generally speaking, foreigners who buy Vietnamese real estate can only have the right to use the house for 50 years, but can't own land ownership and can only buy commercial housing. If you want to own the land forever, you must marry a local to hold it permanently, or even buy land to build your own house. For the company, only the right to use within the investment license period.

There are certain restrictions for foreigners to buy a house in Vietnam. They can't buy more than 30% apartments in the same community, and the number of independent houses they buy can't exceed 10% of the total number of houses.

How to buy real estate in Vietnam

1. Individuals must have valid visas, passports and other documents to buy a house in Vietnam, which means that foreigners who legally enter Vietnam are eligible to buy a house. For enterprises that want to open branches in Vietnam and buy real estate, they need to have effective information such as investment license and office certificate to ensure the validity of the house purchase contract.

2. To buy a house in Vietnam, it is necessary to prepare enough funds, especially in Hanoi, the capital of Vietnam, and Hu Ming, the largest city, which needs more money, because foreigners have to pay all the money in one lump sum when buying a house in Vietnam. Moreover, there are many procedures for buying a house in Vietnam, and it costs more money to buy a house from a private person.

Generally speaking, foreigners who buy Vietnamese real estate can only have the right to use the house for 50 years, but can't own land ownership and can only buy commercial housing. If you want to own the land forever, you must marry a local to hold it permanently, or even buy land to build your own house. For the company, only the right to use within the investment license period.

What are the conditions for buying a house in Vietnam and how to buy a house in Vietnam? You should have understood after reading the introduction. It is not difficult to buy a house in Vietnam. After all, housing prices in Vietnam are not very high, but relevant policies still need to be understood. You can't buy a house in Vietnam if you don't meet the requirements. In addition, in order to buy a house in Vietnam more smoothly, you should still find a formal real estate agent in the local area.