Five types of foreigners allowed to buy houses in Dong Nai

10:08, 15/08/2014

(ĐN)- Vice Chairwoman Phan Thi My Thanh of Dong Nai province People's Committee on August 12 had a working session with departments, sectors, and three corporations of Dofico, Tin Nghia, Sonadezi on building plans to develop services for foreigners.

 

(ĐN)- Vice Chairwoman Phan Thi My Thanh of Dong Nai province People’s Committee on August 12 had a working session with departments, sectors, and three corporations of Dofico, Tin Nghia, Sonadezi on building plans to develop services for foreigners.

According to the Department of Construction, five types of foreign organizations and individuals are eligible to purchase and own residential houses or apartments in Dong Nai as follows:

- A foreign individual who executes direct investment in Vietnam in accordance with the investment laws, or who is employed and appointed to be managing personnel by an enterprise which is currently operating in Vietnam in accordance with the Enterprise Law;

- A foreign individual whose contribution to Vietnam has been commended with a decoration or medal from the President of the Socialist Republic of Vietnam; and a foreign individual who has made a special contribution to Vietnam as stipulated in a decision of the Prime Minister of the Government;  

- A foreign individual currently working in the socio-economic sector with a university or higher equivalent qualification and being a person with special technical knowledge and/or technical skills which Vietnam requires;

- A foreign individual married to a Vietnamese citizen;

- And an enterprise with foreign-owned capital currently operating in Vietnam which does not conduct real property business and which needs residential housing for the people working at the enterprise.

Vice Chairwoman Phan Thi My Thanh suggested the corporations to boost activities to promote services in the fields of supporting industry, housing, daily activities, security, tourism, etc,  to meet the demand of the foreigners residing in Dong Nai province.

Reported by P.L