saigonlolo
Australian expat in Vietnam
Forum posts
29
Contacts
8
About me
Australian
Registration: 15 September 2014
Authorization Contact - Property by snoorks
Hi Would like seek some advise here. My father and I each both bought an apartment here in Saigon. As my father is of age now, he would like to authorize me to manage his apartment. Property management company (PMC) told me the necessary documents ...
As you and your father are foreigners, you likely don't have "legal title" to your apartment yet because the state has not issued the pink book to you. The pink book is equivalent to a property title document. Currently, almost all ... Read More
[Establishing a new company] by Brian Cao
Hi, I am travelling to Vietnam and visiting my Vietnamese friends. I and my friends are going to establish a new company specialized on restaurant, hotel fields at Ho Chi Minh City. I own 65% of the charter capital of the company and that of my two ...
Yes, if you're a foreigner, you will need to obtain an Investment Registration Certificate (together with your Vietnamese partners), as this will be a foreign-invested business venture. Read More
Buying a house/villa in Nha Trang by Janice915
Hi, I'm a Chinese. A friend of mine is planning to move to Nha Trang in the future. He wants to buy a single-house or villa facing the beach. He has seen some properties before. A local agent recommend him a second-hand house. They told him ...
hi Janice, if your friend is a foreigner, it is hard to buy a single house or villa unless it is part of a existing real estate project from the developer. That's why i understand it may not be easy to find one. When looking for projects, make ... Read More
Leasing Farm Land in Vietnam? by Allblack
Hi All, I am a semi-retired researcher in Australia & have been approached by a family run agricultural business in Australia. They wish to further their business in SE Asia. The crop is for organic food. I have looked at Thailand, Lao, ...
Before finding land, I suggest first checking the process for setting up the agriculture business in vn this is because it's not legally possible for this business to be 100% foreign owned. Max foreign ownership is 51% so there should be at ... Read More
Foreigners can buy apartment in Vietnam - Is that true? by charmavietnam
Dear all, I have some quick questions which are absolutely related to real estate law. Vietnamese Law says a foreigner can purchase apartment under their name. Some of you already purchased one too. My questions are : [color=#057f10]1. What type ...
With the current market as it is, it will be tough to find something around the US$75k price point available for foreigners. It depends on your intent -- investment or for residence. I believe there may be still some apartments in District 9 (such ... Read More
Left property in dad鈥檚 will. What next? by Angelina67
Sadly my dad died end of last year. He had lived in Hanoi for the past 17 years, married to a local for 15 of those. They were going through a divorce but not completed. They owned property which he seems to have left to me in his recently written ...
Seconding Gobot's views. you should be represented by a lawyer in Vietnam. As immediate step, try to get details of the house. Check if you have the below which your dad may have kept in his files: - a copy of the Land Use Right ... Read More
Owning an apartment in and around Vung Tau by can80n
I've met brokers to buy an apartment to own as a U.S. citizen. I'm told I can buy to own but there's a five year provision that no one can properly translate to me and I don't quite understand what it means. Anyone know what I'm ...
Could they be talking about 50 years? this is the maximum period for which foreigners can own the apartment. I'm not aware of a 5 year provision Be aware of what you can or cannot buy because there are only limited properties in Vung Tau that ... Read More
Red Book by Afrow30
I trusted another Australian man and his Vietnamese wife to have my Red Book put into their name and now they are refusing to give it back. What Can I Do?
The solution depend on your end goal: do you want the red book or do you want your money back? if you want your money back, i believe there is a way because you have the trail of documents and proof of payment record. it's a matter of pursuing ... Read More
Left property in dad鈥檚 will. What next? by Angelina67
Sadly my dad died end of last year. He had lived in Hanoi for the past 17 years, married to a local for 15 of those. They were going through a divorce but not completed. They owned property which he seems to have left to me in his recently written ...
hi Angelina, in Vietnam, unless there is a prenuptial agreement, ownership of a house that is acquired after marriage will be common property. If one spouse has passed away, the other will manage the common property unless another person has been ... Read More
Buying an apartment in Hanoi by OlegR
Hi Colleagues, I'm intending to invest into an apartment in Hanoi (Vinhomes). I would appreciate an advise on the following: 1. My Work Permit shall expire in March 2018, the last installment (5%) to be paid to Vinhomes in 2019. Is that an ...
Usual practice is you only need to be a resident when you sign the sale and purchase agreement. I've seen foreigners buy apartments when they don't even reside in VN. They just fly in to sign the agreement, and fly out. I understand you ... Read More
Property by Dongha123
Hi,just wanted opinions on the rules regards buying an apartment in HCMC. Am I allowed to buy and keep,sell or rent as I please or is there a nasty catch in the future? Thanks
Some key points for real estate investment in Vietnam: (1) There is no such thing as "freehold" property for foreigners. You own the right to use the land (and the housing/apartment on it). For foreigners, maximum ownership term is 50 ... Read More
Maternity Leave for Expat by MarbleNgo
Hello everyone want to ask, what is the general policy for expat lady taking maternity leave in vietnam? will they be paid or partially paid? Is it up to general policy of vietnam
Assuming you're working under a VN labour contract, you're entitled to 6 months' maternity leave (prenatal and postnatal) by law. However, maternity pay is covered by Vietnam's social insurance regime - i.e., the employer ... Read More
Vietnam Tax Question by Kooler42
Considering opening an Hong Kong Offshore Company with my wife (Vietnamese) as director and shareholder. I will be the employee doing the work. All of the revenue is made outside of HK and Vietnam. Will she be liable for paying Vietnam taxes on her ...
Two things: Legal side: Strictly legally speaking, your wife is supposed to obtain a license ("offshore investment registration certificate") for her investment in HK as she'll be shareholder. This is basically a measure by the VN ... Read More
Shopping mall In HCM
Plenty of shopping malls in HCMC. Not sure about number - new ones built every now and then. Major ones include: Saigon Centre (D1), Vincom Center (D1), Diamond Plaza (D1), Nowsone (D1), Vincom Megamall (D2), Crescent Mall (D7), Pearl Plaza (Binh ... Read More
Legal & Visa advice for new business by rmullarvey
I apologise in advance if this has already been covered in another thread, this is my first post & I have been searching but have not found what I am looking for, I'm hoping that someone can assist. Our Australian company has been working ...
Technically, if you will be working in Vietnam, you should obtain a work permit. This is the legitimate means of obtaining a longer term visa. For this, you should prepare the relevant documents from Australia before flying over. In sum, ideally, ... Read More
work permit application
Your employer should be handling your work permit application -- it's their obligation under law. Therefore, you may want to coordinate with them on this. For proof of experience, you'll need to get signed written letter/certification from ... Read More
3 Year TRC (Temporary Residence Card) without work permit by charmavietnam
Temporary Residence Card (TRC) is available now for foreigners who are parents, spouses and children of Vietnamese citizens. Actually I intend to apply for this when my work related TRC ends in this December but should go out of country and stay 2-3 ...
There are two ways through which you may obtain the TRC: (1) As shareholder of the company (foreign investor). However, this depends on your extent of ownership in the company and the type of company. Generally, if you're the sole owner of the ... Read More
local police want me to "extend the time of stay" by ilyousha_marko
I have a 12 month DN business visa, which started in November 2016. If I understood right, it allows me to stay in country for a year without leaving. My landlord took pictures of it and passport when i moved in in December 2016, and supposedly ...
It's quite possible that your landlord did not register your residence when you moved in -- I don't believe she can do this with just a photograph of your passport. She would generally need to provide the original or notarised copy of the ... Read More
work permit application
From my experience in work permits, the VN government are not going to dig as deep you are thinking. For the purpose of proving experience, your ex-boss would usually issue a signed letter to certify this and your technical capacity, etc. This ... Read More
Need advice on setting up a 100% foreign company by Vincent Koh
Hi Bros/ Sis , i am from Singapore and have plans to set up a Bedding/Furniture Company In HCM . Need advice on - To setup with a Vietnamese counterpart or 100% foreign own company better ? - What are the charges like to ...
Hi Vincent, I'm a lawyer here. Perhaps I can help answer some of your qu: If bedding/furniture = manufacturing, then 100% foreign owned company not a problem and set-up relatively smooth (main headache is finding suitable site). Regardless ... Read More
buying a property in Vietnam by maximus0760
Hello, I am considering the idea of buying a house in VN. I am European, my wife is Vietnamese, we reside in France, but may consider moving to this part of the world. I would like to know: - can I own a property in VN? (please note: not just my ...
I can shed some light on the process. I'm a lawyer in Vietnam, and have assisted foreign clients in buying property here. I'm a foreigner myself, and have personally purchased an apartment in VN. can I own a property in VN? (please note: ... Read More
Work permit for Native teacher
If you are employed by the school or language centre under a labour contract, just ask them to help you with it. However, make sure you have all your documents in order. Otherwise, you will have to ask somebody to assist. If you wish, feel free to ... Read More
What kind of VISA for a small entrepreneur ?
How long does she plan to spend in Vietnam? She won't be able to get a work permit from operating a street food cart. She also needs sufficient financial capacity to open up a company. Options are: 1) she comes on a tourist visa and does the ... Read More
Fee vs Commissioned Financial Advisor
Hi, Yup. Commission-based models dominate here. As an expat lawyer, I've been pestered by Devere on many occasions - they're notorious for their insistent cold calls. A fee-based model could work, and would be something I may be keen to ... Read More
Franchising by bluenz
Last night a student asked MANY questions re Franchises in VN, I know this month the law was changed regarding Foreign ownership, ( now 100%, does this also mean a LLC can now be solely owned by a Foreigner now? ), ), he wanted to know if buying a ...
Most cross-border franchises in Vietnam are in the food and beverages industry (as you can see from chains like McDonald's, Starbucks, etc.). Depending on the business, foreigners can have 100% ownership in LLCs. However, restaurants are ... Read More
Everything you needed to open a Restaurant. by Tn truong
Greetings, I'm trying to gather all the information needed to open a restaurant. Would appreciate your help summarizing this up with me. Which kinds of contracts are there? Which possibilities on contracts ? etc etc Thanks in advance, tn truong
Hello. I assume you're an expat? If so, there are a bunch of legal hurdles you'll need to go through before you can open a restaurant. In Vietnam, by law, foreigners cannot own and open standalone restaurants, unless they are also involved ... Read More