Category Archives: Apartment

Property Investors To Draw Law On Foreign Acquisition

Property Investors To Draw Law On Foreign Acquisition

Property investors are currently drawing up a law that will call on the National Assembly (NA) to consider foreigners to be able to purchase apartments, according to officials in the sector.
Under the Investment Promotion Law that was put into effect in 2014, foreigners with a registered investment of US$500,000 can own a plot of residential land but officials from the Ministry of Planning and Investment say they have found it difficult to enforce the …. Continue reading

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