Can foreigners buy property in Nha Trang, Vietnam and for how long?

From messages by 1 participant in 1 source · Last activity: 86 days ago

TL;DR

Under Vietnam's 2023 Housing Law, foreigners can own housing (not the land beneath it) for up to 50 years, with one possible extension for another 50 years; if not renewed, ownership reverts to a Vietnamese owner or the state.

What the community said

Key clarification: a foreigner doesn't rent for 50 years — they actually own the housing unit itself for up to 50 years (with one possible extension), but never own the land underneath it.

up to 50 years of housing ownership

If the property is inherited by a foreigner, the heir only gets the remaining years left on the original certificate, not a fresh new 50-year term.

inheritance = remaining term only

Under the 2023 Housing Law, foreign ownership is granted for 50 years from the date the certificate is issued, with the right to a one-time extension for another 50 years. If the extension isn't filed in time, the property reverts to a Vietnamese owner or the state.

2023 Housing Law