Apartment for sale Ho Chi Minh

The process to sell a residential property in Vietnam is the same for foreign buyers who bought under Sale & Purchase Agreement (SPA) or Long-term Lease Contract (LTLC). Both seller and buyer will have to be present in person in Vietnam to execute the necessary sale transfer. However, in the situation that the foreign home seller is not able to come to Vietnam, a notarized “Letter of Authorisation” or “Power of Attorney” is required to authorize another individual to conduct the sale transaction process on behalf of the legal homeowner (seller) in Vietnam.

The process of selling a residential property in Ho Chi Minh City (HCMC) might seem straightforward, but the process is painstaking. Everything has to take place exactly according to the prescribed steps. As with any bureaucratic process in Vietnam, getting clever to cut corners on the process will not get you anywhere. In order to give you an overview to the process of selling a residential property in HCMC as a foreigner, the following step-by-step chart has been prepared to help save you time in execution so that you will have less frustration on the process.