Expats are allowed to own houses and foreign-invested enterprises may deal in residential real estate in Saigon through the following forms: 

Leasing houses or construction works for sub-lease;

- Building houses for lease; building houses or construction works other than houses for sale, lease or hire-purchase on land leased by the State;

- Receiving the whole or part of a real estate project transferred from the project owner to build houses or construction works for sale, lease or hire-purchase;

- Building houses for sale, lease or hire-purchase on land allocated by the State;

In addition, a foreign-invested enterprise may also provide real estate brokerage services, operate real estate exchanges, provide real estate consultancy or perform real estate management if fully satisfying the conditions prescribed in the Investment Law, Law on Real Estate Business and other specialized legal documents.

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