{"id":132616,"date":"2019-03-14T17:41:00","date_gmt":"2019-03-14T10:41:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnam-orders-report-on-foreign-home-ownership\/"},"modified":"2022-12-11T02:55:06","modified_gmt":"2022-12-10T19:55:06","slug":"vietnam-orders-report-on-foreign-home-ownership","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnam-orders-report-on-foreign-home-ownership\/","title":{"rendered":"Vietnam orders report on foreign home ownership"},"content":{"rendered":"


\nVietnam\u2019s Ministry of Construction has asked provincial and city governments to compile a report detailing the extent of foreign home ownership in the country, Vietnam News reported. The ministry will use the information to evaluate the implementation of a policy allowing foreign organisations, individuals and Viet kieu (overseas Vietnamese) to purchase and own homes in the country. The ministry is currently developing a project pertaining to the improvement of economic security in the housing and real estate sectors, Vietnam News\u00a0noted. The requested report will cover information on\u00a0the number of foreigners, including Viet kieu, who own\u00a0homes in a province or city. It should also determine the specific locations\u00a0and types of properties that were acquired by foreigners before and after the Housing Law was promulgated. More: A\u00a0Trojan horse for Chinese influence The report will also identify housing projects that did not allow foreigners to acquire units. The Housing Law relaxed home ownership rules upon its implementation in 2014, allowing individual foreigners with an entry visa to purchase homes and emboldening foreign entities to invest in more property sectors. More than 800 foreigners obtained home ownership certificates as of 2017, Vietnam News\u00a0reported, citing figures from the Department of Housing and Real Estate Market Management. In Ho Chi Minh City, the Chinese accounted for 31 percent of home purchases by foreigners in the first nine months of 2018, trailed by South Koreans at 19 percent; Hong Kongers (10 per cent); and Americans (3 percent), CBRE Vietnam revealed to Vietnam News.
\n
\nSource : property-report.com
\nRead more…Vietnam orders report on foreign home ownership<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vietnam\u2019s Ministry of Construction has asked provincial and city governments to compile a report detailing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-132616","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yuY","jetpack-related-posts":[{"id":14356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-firms-take-bigger-slice-of-vietnam-property-pie\/","url_meta":{"origin":132616,"position":0},"title":"Japanese firms take bigger slice of Vietnam property pie","date":"May 25, 2016","format":false,"excerpt":"\r Vietnam\u2019s star is rising in the Land of the Rising Sun Image credit: Vietnamplus.vn Lured by an upwardly mobile and young populace, investors from Japan are making inroads into the Vietnamese real estate market. 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Refunds are now in the offing for those that have been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/myanmar-parliament-approves-40-foreign-ownership-of-condos\/","url_meta":{"origin":132616,"position":2},"title":"Myanmar parliament approves 40% foreign ownership of condos","date":"January 27, 2016","format":false,"excerpt":"\r The landmark Condominium Law is hoped to\u00a0increase overall foreign investment Image credit: Ann Wang (Frontier Myanmar) Myanmar\u2019s Union Parliament finally passed the draft of the Condominium Law that will legally permit foreigners to own up to 40 percent of a condo building, Eleven Myanmar reported. 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