Can foreigners buy property in Vietnam and how does the purchase process work?

Finding a local Vietnamese real estate agent to personally walk you through apartments is a realistic option. Local agents are typically attached to every listing and can arrange viewings of multiple properties.

Foreigners can officially register apartment ownership in Vietnam. The standard ownership period is 50 years, renewable. The property can be sold, gifted, or inherited under Vietnamese law.

Land ownership is not available to foreigners in Vietnam — this is the key restriction. Purchases are limited to apartments or condominiums, not standalone land plots.

Installment payment options vary by specific property and developer — there are no universal terms, so each project needs to be checked individually.

Vietnamese law strictly regulates housing transactions with foreigners: an official contract is mandatory, and passport details are submitted to the authorities. A real estate agent is involved in every property deal.