Guide on Purchasing Property in Hanoi

Foreigners are not allowed to buy property in Vietnam. The closest you can get is to be an investor, and own 49% of a property, with a Vietnamese partner owning 51%, but this involves a complex legal, financial and cultural relationship with many risks. Real estate law has changed frequently in recent years, so if your heart is set on owning property in Vietnam, be sure to consult several lawyers, and ask for help from local friends you can trust.