Land law vietnam?

Can a non resident bank create a mortage on the land/property in vietnam, as a collateral to the bank for the financing obtain from the bank


A non-resident (like myself) has a very hard time obtaining a mortgage. From what I understand, the Vietnamese trust no one when it comes to business, especially ex-patriot Viets.

If you are looking to develop land, contact the Vn embassy business office and have excellent bank references.

If you simply want to buy a farm or homestead, pay cash.

The Vn banks are currently PAYING over 9% interest on certificates of deposit. Are you sure you want to BORROW money from them?

If you are asking can your American bank grant you a mortgage for Viet property, the answer is no. The land ownership laws are to ambiguous at the present time.

If you are filthy rich, you may be able to obtain a business entity mortgage.

Your best bet would be to google Vietnam Economic News. At the very least, you could find a Viet real estate lawyer.

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