Question 1

Can foreigners buy property in Vietnam?

Accepted Answer

Yes, but with restrictions. You can own a condo for 50 years (renewable). You cannot own land freehold. There is also a 30% foreign quota limit per building.

Question 2

What is the Pink Book?

Accepted Answer

The Pink Book (So Hong) is the official Certificate of Land Use Rights and Ownership of House. It is the title deed. Delays in issuing Pink Books to foreigners are common in some projects.

Question 3

Is it better to buy or rent in 2025?

Accepted Answer

Renting offers flexibility and avoids the 50-year lease clock. Buying offers high capital appreciation potential (8-10%) as Vietnam's economy grows.

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