The Vietnamese government is considering easing property ownership restrictions for nationals who live abroad to enable them to buy as much real estate as they want.
The National Assembly is discussing proposed amendments to the current housing law which also includes increasing the number of Việt Kiều eligible to purchase houses and apartments in Vietnam.
If the proposals are passed in law it will mean that people of Vietnamese origin will be able to own properties. At present, only overseas Vietnamese acknowledged as making a contribution to Vietnam, such as scientists and experts, and those married to Vietnamese citizen can buy property. Any foreigner who is married to a Vietnamese citizen and resides in Vietnam can also purchase a house or an apartment.
