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Old 30-07-2007, 00:17
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K2 K2 is offline
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Join Date: Dec 2003
Location: Thailand
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Tempting to consider if Thailand doesnt get its act together ...

The Ministry of Construction plan applies to foreigners who will stay in Vietnam for a year. They will be allowed to buy and own one house per person over 50 years.

The proposal allows foreign owners to sell without restrictions..

In Vietnam, the state owns the land but gives infinite freehold to its citizens.

About a quarter of the 81,000 expatriates currently living in Vietnam would be eligible to buy houses, said the director of the Housing Management Administration, Nguyen Manh Ha.

Lets see if this law passes - if so well done to progressive Vietnam
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