Destination · Vietnam
Vietnam.
Southeast Asia's fastest-changing property market and one of its most regulated for foreign buyers. A 30 percent per-building quota, a 50-year lease with one extension, and a pipeline split between the institutional Saigon and Hanoi towers and the resort-led Da Nang and Phu Quoc markets.
Editorial introduction
Vietnam opened residential ownership to foreigners in July 2015 under the Law on Housing 2014. The mechanics are restrictive by design. Foreigners may hold up to 30 percent of any one residential building, the title runs for 50 years with one extension, and the underlying land remains the property of the state. What changed in the decade since is the depth of the institutional pipeline that fits inside those constraints.
Most foreign residents rent before they buy, and many never switch. Vietnam's long-stay rental market is one of the most accessible in Asia: short notice periods, flexible furnishing, cash-friendly local landlords and a robust serviced-apartment segment in the major cities. The rental brief sits alongside the buyer brief, not below it.
This hub covers the country-level legal framework, the major developer landscape, and the four destinations that drive almost all foreign-buyer and long-stay-rental activity: Ho Chi Minh City, Hanoi, Da Nang and Phu Quoc.
At a glance
Vietnam in numbers.
- Population
- 100.3M
- Foreign quota
- 30%
- Foreign lease term
- 50 yrs
- Currency
- VND
- HCMC condo stock
- ~330k
- Major developers
- 8
The world's 15th most populous country (2024)
Maximum share of any one residential building that may be foreign-owned (Law on Housing 2014)
Standard foreign-ownership term, with one extension on application
Vietnamese đồng, freely convertible for foreign buyers via bank
Total Ho Chi Minh City premium and mid-tier condo inventory
Vinhomes, Novaland, Sun Group, Masterise, Phu My Hung, Khang Dien, Hung Thinh, CapitaLand Vietnam
Sources: General Statistics Office of Vietnam · Ministry of Construction · CBRE · Savills · Latitude editorial
The destinations
Where Vietnam actually trades.
Four destinations cover almost all foreign-buyer and long-stay rental activity. Dedicated hubs roll out in editorial sequence.
Vietnam · Destination
In productionHo Chi Minh City
The country's economic capital and the largest foreign-buyer market. District 1, District 2 (Thu Thiem) and District 7 (Phu My Hung) anchor the premium condo segment.
Vietnam · Destination
In productionHanoi
The political capital. Slower transaction velocity than Saigon but a stable diplomat, banking and education-sector expat base. Tay Ho and Ba Dinh dominate the foreign-buyer market.
Vietnam · Destination
In productionDa Nang
Central Vietnam's coastal market. Resort and second-home dominant, with My Khe Beach condos and Son Tra peninsula villas leading. Fastest-growing foreign-buyer destination in 2025-2026.
Vietnam · Destination
In productionPhu Quoc
The Special Economic Zone island. Sun Group, Vinpearl and BIM Group dominate. Visa-free entry, ASEAN-friendly tax structure, and a deep resort-residential pipeline through 2027.
The Vietnam editorial
What we cover.
Country-level buyer guide and rental guide ship first. The developments directory and destination hubs follow.
Buyer Guide
How foreigners buy property in Vietnam
The 30 percent quota, the 50-year lease mechanics, what 'pink book' versus 'red book' actually mean, taxes, repatriation, and the practical due diligence most foreign buyers skip.
Open
Rental Guide
Renting long-term in Vietnam as a foreigner
Lease terms, deposits and the cash-versus-bank-transfer reality. Serviced apartments versus private rentals. The expat neighbourhoods and what they actually cost month to month.
Directory
Vietnam property developments directory
The major developers shaping the foreign-buyer market: Vinhomes, Novaland, Sun Group, Masterise, Phu My Hung, Khang Dien, Hung Thinh and CapitaLand Vietnam.
Service Providers
Trusted legal, tax and banking specialists
Foreign-buyer-focused conveyancing solicitors, tax advisors, banking partners, FX specialists and relocation firms across Vietnam's main expat hubs.
Agencies
Real estate agencies for sales and rentals
International brokerages (Savills Vietnam, Knight Frank Vietnam, JLL Vietnam, CBRE Vietnam) and the local specialists that handle the day-to-day foreign-buyer and rental market.
Lifestyle
Dining, nightlife and the cultural calendar
Where to eat, drink and spend a weekend across Saigon, Hanoi, Da Nang and Phu Quoc. Curated for long-stay residents, not first-time tourists.
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