Can foreigners buy property in Nha Trang, Vietnam and for how long?
Based on 1 discussion with 1 participant · Last activity: 2 days ago
TL;DR
Under Vietnam's 2023 Housing Law, foreigners can own housing (not the land beneath it) for up to 50 years, with one possible extension for another 50 years; if not renewed, ownership reverts to a Vietnamese owner or the state.
What the community said
Key clarification: a foreigner doesn't rent for 50 years — they actually own the housing unit itself for up to 50 years (with one possible extension), but never own the land underneath it.
2 days ago up to 50 years of housing ownership
If the property is inherited by a foreigner, the heir only gets the remaining years left on the original certificate, not a fresh new 50-year term.
2 days ago inheritance = remaining term only
Under the 2023 Housing Law, foreign ownership is granted for 50 years from the date the certificate is issued, with the right to a one-time extension for another 50 years. If the extension isn't filed in time, the property reverts to a Vietnamese owner or the state.
2 days ago 2023 Housing Law