All Topics / Overseas Deals / Investing in Vietnam

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  • Profile photo of PosEnterprisesPosEnterprises
    Member
    @posenterprises
    Join Date: 2006
    Post Count: 290
    July 23, 2007 - 3:27 am

    Hi i want to purchase some property in Vietnam.  Can anyone help with which bank will lend against the asset in Vietnam?  It is a brand new apartment and they said banks would lend 50 – 70% but don't which bank?  How does it affect if i am in Australia?

    thanks

    Profile photo of MardyMardy
    Member
    @mardy
    Join Date: 2005
    Post Count: 4
    July 26, 2007 - 1:45 pm

    I lived in VN for a few years – while you could own apartments, you cannot own land.   May be different for Viet Kieu though.  At any rate,  I think this would be very difficult to finance 

    Profile photo of mtajimmtajim
    Member
    @mtajim
    Join Date: 2007
    Post Count: 17
    August 8, 2007 - 10:22 am

    Its very difficult to finance in Vietnam. Even if you are foreigner then you will face lots of obligation. Property in Vietnam is good but it requires lot of legal work.

Viewing 3 posts - 1 through 3 (of 3 total)

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