RIGHTS TO REAL ESTATE OF FOREIGN INDIVIDUALS, FOREIGN ORGANIZATIONS, ECONOMIC ORGANIZATIONS WITH FOREIGN INVESTED CAPITAL AND VIETNAMESE PEOPLE RESIDING ABROAD
๐จ In Vietnam, the real estate market is a pioneer, playing an important role in promoting and developing the economy comprehensively. However, from 2022, the market started facing significant challenges, due to the impact of the global economic recession and negative impacts from the COVID-19 pandemic. This poses challenges to the stability and prospect of the real estate market in the near future.
To address those challenges, the National Assembly has passed significant amendments to the laws, including the Land Law No. 31/2024/QH15 dated 18 January 2024 (“Land Law 2024”), the Law on Real Estate Business No. 29/2023/QH15 dated 28 November 2023 (“LOREB 2023”), and Law on Housing No. 27/2023/QH15 dated 27 November 2023 (“LOH 2023”). These legal documents are expected to make significant positive changes and create development momentum for the real estate market.๐ This guide provides foreign individuals, foreign organizations, foreign-invested economic organizations, and Vietnamese residing abroad (regardless of whether they retain Vietnamese nationality) with an overview and detailed insights into the issues of land use rights, ownership rights, and real estate business in Vietnam. By summarizing and clearly presenting the current legal provisions, THE CONTRIBUTORS from DIMAC LAW FIRM hopes this guide helps the relevant parties understand their rights and obligations to make informed investment decisions, and contribute to improving the transparency, minimizing legal risks and facilitating investment activities in the real estate sector in Vietnam.
๐ See full and download the document here:
https://dimac-law.com/tin-tuc/quyen-doi-voi-bat-dong-san-cua-ca-nhan-to-chuc-nuoc-ngoai-to-chuc-kinh-te-co-von-dau-tu-nuoc-ngoai-va-nguoi-viet-nam-dinh-cu-o-nuoc-ngoai-484.html
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DIMAC LAW FIRM LIMITED
๐ https://dimac-law.com/
☎ 028 3822 4860
๐ง clientcare@dimac-law.com
๐ข HEAD OFFICE: Capital Place Tower, 6 Thai Van Lung Street, District 1, Ho Chi Minh City
https://dimac-law.com/tin-tuc/quyen-doi-voi-bat-dong-san-cua-ca-nhan-to-chuc-nuoc-ngoai-to-chuc-kinh-te-co-von-dau-tu-nuoc-ngoai-va-nguoi-viet-nam-dinh-cu-o-nuoc-ngoai-484.html
--------------------------------------
DIMAC LAW FIRM LIMITED
๐ https://dimac-law.com/
☎ 028 3822 4860
๐ง clientcare@dimac-law.com
๐ข HEAD OFFICE: Capital Place Tower, 6 Thai Van Lung Street, District 1, Ho Chi Minh City
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