| Vietnam Property Finance |
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Vietnam property finance is becoming more available but is not common for foreigners purchasing property in Vietnam. Vietnam banks, like in other Asian markets, have tightened lending criteria following the Asian financial crisis so obtaining Vietnam property finance is more challenging. Following is information on Vietnam property finance and the services provided by Healy Consultants:
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1.
| In arranging Vietnam property finance Healy Consultants will undertake the following steps i) compare the advantages of the different finance options ii) negotiate mortgage terms and conditions with the chosen bank, iii) assist with opening of personal and corporate bank accounts for managing rental income and/or mortgage repayments. Where necessary, a business plan can be developed to maximize the chances of gaining mortgage approval. | |||
2.
| To compliment the Vietnam property finance services, Healy Consultants provides clients with professional accounting and tax advice related to their Vietnam property investment. Related taxes include valued added tax (VAT), land use right registration fee, rental income tax, with holding tax and capital gains tax. | |||
3.
| Healy Consultants assists clients arrange Vietnam property finance solutions whether the purpose be for residential or commercial needs or as a property investment. | |||
4.
| Healy Consultants assists international investors to arrange competitive Vietnam property finance appropriate to the requirements of the purchase. International mortgages are arranged through banks including DBS Bank, UOB Bank, ANZ Bank, and Commonwealth Bank. | |||
5.
| While borrowing to finance Vietnam property is rare, the opening of the market to foreign investment, along with the increased banking regulations means more products are becoming available in the market. A significant portion of the cost is required before obtaining Vietnam property finance as banks will only loan up to 50-60% of the valuation for the property. | |||
Contact Us | ||||
For further information on Vietnam commercial property market, please contact us at our Singapore office at (+65) 67350120 or email us at email@healyconsultants.com
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