Live Breaking News & Updates on Thao Dien Pearl

Stay updated with breaking news from Thao dien pearl. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Developers work around foreign cap


Developers work around foreign cap
08:00 | 05/05/2021
To meet the increasing demands of non-nationals on owning a property in Vietnam, many real estate developers are moving such buyers towards a long-lease term of 50 years instead after using up their restriction of 30 per cent of foreign ownership per project.
According to the Law on Housing 2014, foreign organisation and individual ownership of units in an apartment building may not exceed 30 per cent of total units in one apartment building.
In the event of an area with geographical boundary equivalent to ward level with many apartment buildings for sale or lease purchase, those organisations and individuals may own no more than 30 per cent of the total units of each apartment building, and not more than 30 per cent of the total units of all the apartments. ....

Hong Kong , Ho Chi Minh City , H Chíinh , Republic Of , Binh Duong , Qu Ng Nam , Khanh Hoa , An Giang , Han I , Vung Tau , Bàa Vung Tàvm , South Korea , Da Nang , Ðn Ng , Le Hoang Chau , Thao Dien , Thao Dien Pearl , Nguyen Van Minh , Ministry Of Construction , Gateway Thao Dien , Chi Minh City , Real Estate Developers , Real Estate , Owninga Property In Vietnam , Long Lease Term , Foreign Ownership ,