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blue-check It is not allowed selling more than 10% of apartments in a housing project to foreigners

Official letter No. 5014/BXD-QLN dated November 7th, 2022 of the Ministry of Construction regarding guidelines on number of apartments foreign organizations, individuals may own in a housing construction project
Posted: 23/11/2022 9:24:38 AM | Latest updated: 12/12/2022 9:08:44 AM (GMT+7) | LuatVietnam: 5589 | Vietlaw: 590
VietlawOnline

The Ministry of Construction assumes that laws on housing do not regulate the number of houses each foreign entity may own in a housing project.

Article 161 of 2014 Law on Housing and clauses 2, 3, 4 Article 76 of Decree No. 99/2015/ND-CPstatus2 only regulate the total number of houses (apartments, detached houses) foreign entities (one or many organizations, individuals) may own in a project. To be specific, it must not exceed 30% of the number of apartments of each apartment building and must not exceed 10% of the total number of apartments in a project.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 590

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Land and Housing

blue-check Amendments to many regulations on land use
blue-check [Merged] - Regulations in details of Law on Housing
blue-check [Merged] - 2014 Law on Housing
blue-check Regarding foreigners’ ownership of houses in Vietnam
blue-check It is not allowed selling more than 10% of apartments in a housing project to foreigners
blue-check New regulations on use of houses and land for state foreign affairs
blue-check Amendments to some regulations on land valuler, weather modification and clean development projects under the Kyoto Protocol
blue-check Guidelines on calculation of expenditure on compensation, support, and relocation in case of land expropriation by the State
blue-check It is not allowable to transfer housing lease agreement
blue-check
blue-check It is not allowable to execute commercial housing projects on land for trading and service
blue-check Foreign organizations may not purchase commercial houses in social housing projects
blue-check Foreigners are not allowed to own commercial apartments of social housing projects
blue-check Methods for development of housing projects in the 2021 – 2030 period
blue-check Regarding procedures for recognition of a commercial housing project owner
blue-check [Merged] - Regulation on management and use of apartment buildings
blue-check [Merged] - Regulations on housing ownership and sale, purchase
blue-check Amendments to some regulations on disposition of public property
red-check It is exempt from submission of identity card and family register upon issuance of certificate of land use right, house ownership
blue-check Abrogation of some procedures for investment in housing project