Why invest in Vietnam?
Real estate investors consider Vietnam to present them with the same opportunities as Thailand did some twenty years ago. Many believe that Vietnam will become the next Thailand with its stunning country, very young, well educated, hard working and literate population it offers wide appeal to both holiday makers and those seeking a unique second home.
While land laws are still evolving and certain domestic issues can cause problems for property developers, new housing laws that came into effect in 2006 have clarified the rules and regulations as well as the restrictions that apply to foreign individual investors. It has opened up some new opportunities for oversea investors to profit from property in Vietnam-so much so that now foreign investors are developing property and benefiting substantially. Vietnam’s GDP is increasing annually by more than 7.5% and property prices in Ho Chi Min City increased by more than 5 times its value two years ago. With local development partners and GFS Australasia’s experience in the Asian Markets your opportunities are endless.