Vietnam Property

How to Invest in Vietnam in 2021?

Overview

Vietnam is earning a good reputation as a sound overseas investment destination. The beautiful country is one of the fastest growing economies in the world. If one chooses to invest in Vietnam, one will be exploiting an ideal investment opportunity due to the country’s stable growth, low cost of running a business, as well as affordable labor. The country is known to be warm to foreigners and there are no unnecessary barriers to investing in the country.

The country is an attractive destination for experts, entrepreneurs, investors, and retirees. Vietnam is in close proximity to China, an economic power-house in its own right. One does not have to live in Vietnam in order to retain an investment portfolio. There are enough property managers and one only need to check in the country only once in a while.

From 2015 onwards, Vietnam has observed a wider investment space. It is in 2015 that the government relaxed the various laws regarding property ownership. With just a tourist visa, one is able to make and execute an investment decision.

Demographic analysts have predicted that, by the year 2040, the population of Vietnam will have risen from 95 million as it stands presently, to 120 million. Major cities in Vietnam are going to benefit from rapid urbanization. The government has shown its commitment to open up the economy and the market even further, and this will come with a lot of benefits for potential investors who chose Vietnam for investment.

How to Invest in Vietnam

The first thing that one should do is to do business within the Law on Investment (LOI). One should understand in this is that a foreigner is not able to own land in Vietnam. One can only own the house but not the land in it. One …

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Vietnam Property

Living in Vietnam in 2021

Owning a real estate property is a lifetime investment and achievement. It’s more satisfying and rewarding if one is an expat looking forward to investing in Vietnam. It used to be challenging to own property in the country. But thanks to the Vietnamese government’s efforts, there is good news for investors.

Today, it has become much easier for foreigners to own property in any city in the country, thanks to the pursuits of the Vietnamese Law on Residential Housing (LRH).

Expats from any nation with a valid visa can invest in the country, whether a tourist or resident. Foreigners these days can own more than one unit of condominium.

Significantly, they can successfully buy as many property units as they wish to and depending on how wealthy one is. There is no limitation on the number of property units one can own, but there are restrictions that apply. If looking forward to investing in Vietnam real estate, there are amazing cities to visit and explore your investment options.

In general, the country is amazing, and there are several reasons why an expat should not have any reservations investing stress-free. They include:

  • The increasing foreign direct investment has stimulated strong economic growth in the nation.
  • The surging economy in Vietnam is unstoppable, and the country has been on a stable inflation index at 4% to 5%. Hence, it has created a favorable economic environment and opening for property investors.
  • The rapidly growing population has opened great investment opportunities, and more expats are visiting the region. Hence, the high demand for property in the country.
  • Property prices are attractive and expected to grow. These prices vary depending on the city you plan to reside in or invest in and budget-friendly.
  • The property for sale in Vietnam offer great yields, and especially
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