Primary market

Buying a new home directly from the developer, usually an apartment.

How it works in Vietnam

In Vietnam the price carries VAT and the buyer also pays the maintenance fund. There is no personal income tax for the seller.

In the calculator, choose “Buying from a developer” to see these lines.

Secondary market
Buying a home that already has an ownership certificate from its current owner.
Value-added tax (VAT)
A tax on the sale price when you buy a home from a developer. The buyer pays it together with the price.
Maintenance fund
A payment the buyer of a new apartment makes to fund upkeep of the building's shared parts, set as a percentage of the pre-VAT price.
Off-plan property
A home that is still being built, or not yet started, bought from the developer and paid for in stages.

Buying property in Vietnam as a foreigner: what the law says
Which homes a foreign individual may buy in Vietnam, where, how many, and for how long, under the Housing Law 2023.