China
Personal income tax on transfer
A tax the seller pays when an individual sells a home, charged as a percentage of the sale price.
How it works in Vietnam
In Vietnam the seller is exempt when it is their only house or residential plot in the country, owned for at least 183 days and sold in full. Off-plan property does not qualify for this exemption.
A developer pays corporate income tax instead, so the calculator hides this line when you buy from a developer.
Related terms
- Secondary market
Buying a home that already has an ownership certificate from its current owner.
- Sale and purchase agreement
The contract between buyer and seller that sets the price, how it is paid and when the home is handed over.
- Off-plan property
A home that is still being built, or not yet started, bought from the developer and paid for in stages.
Learn more
- Vietnam property transfer tax and fees: who pays what
Who pays which fee and tax when you buy a home from its current owner in Vietnam, and which law sets each one.