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Vietnam allows foreign property investment
14 December 2014

 Vietnam
This highly anticipated and long discussed amendment has had support from all levels of the government and throughout the property industry.
While eligible buyers were limited to one condo, there will be no limit on the number of units a foreigner may purchase, although they are not permitted to own more than 30 per cent of any apartment building or 250 houses per administrative area, or ward.
Indeed, property can be bought by foreigners on a leasehold basis, with leases lasting 50 years and renewable upon expiration. Foreigners married to citizens, on the other hand, are permitted to purchase property freehold.

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