The tax environment is particularly favorable in Vietnam for real estate investments.
There is no property tax, as opposed to Singapore, and no capital gains tax, as opposed to France or the UK.
Also, notary fees are practically non-existent (no notary fee for new developments, and negligible for second-hand market), whereas in France, for instance, notary fees account for about 8% of the property price.
Buyers must only pay a registration tax when buying the property, and there is an annual land tax for your properties portfolio, but practically non-existent.
Yet, if you rent out your apartment you need to pay annual taxes (10% of the rental price).
Once you decide to sell your property, there is a 2% income tax applicable to the total selling price. However, some exemptions exist.
We manage every step, from filling out paperwork to paying all taxes and fees for you.
And we give you complete cost structures to estimate easily your return on investment.