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Buying overseas property in developing countries like Vietnam requires due diligence and that you understand the buy and sell procedures in advance.
A commonly asked question is how foreigners can transfer money into and out of Vietnam when buying real estate. This is essential to understand to make sure that your money don’t get ‘stuck’.
After all, you probably want to exit the market sometime in the future.
In this article, I explain some key information you need to know when transferring money cross border in Vietnam.
This article is written for investors who wish to buy real estate in Vietnam.
General information about Vietnam currency controls
Vietnam’s foreign exchange controls are regulated by the State Bank of Vietnam.
Some of their responsibilities are:
Continue reading Sending Money To & Out of Vietnam: A Foreign Investor’s Guide