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September 16, 2022 | 16:11

MoC proposes amendments to Housing Law limiting foreign ownership of apartments

Thanh Xuân

The Ministry of Construction (MoC) has proposed supplementing regulations in the draft amended Law on Housing on the number of apartments that foreign organizations and individuals can own in Vietnam. Foreign organizations and individuals will only be allowed to buy, rent-purchase, receive as gifts, receive as inheritance, or own 30 per cent of the number of apartments in an apartment building, including mixed-use apartments.

MoC proposes amendments to Housing Law limiting foreign ownership of apartments
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