Indian citizens and OCI cardholders in Vietnam can buy and sell residential and commercial property in India, other than agricultural land and farmhouses, without RBI permission. Purchases must be paid through NRE or NRO accounts or inward remittance. On a sale, the buyer deducts TDS at non-resident rates, and proceeds can be repatriated within FEMA limits. Vietnamese citizens without OCI generally cannot buy property in India.
- Document route
- Vietnamese notary, Ministry of Foreign Affairs legalisation, then Indian mission attestation
- Time difference
- IST is 1h30 behind Vietnam all year
- Rules
- FEMA (Non-Debt Instruments) Rules 2019
- Not allowed to buy
- Agricultural land, plantation, farmhouse
Buying & Selling Property from Vietnam: how it works
For a purchase, we search the title for at least 30 years, check approvals and encumbrances, review the agreement, and complete the registration through an attorney holder. For a sale, we review your title, draft the documents, apply for a lower TDS certificate where appropriate, and plan repatriation with Forms 15CA and 15CB.
We also advise on capital gains exemptions if you reinvest in another house, and on managing let property while you are in Vietnam.
Indians on fixed-term postings in Ho Chi Minh City often buy under-construction flats; we read the builder agreement for delay compensation, check RERA registration, and advise on the RERA complaint route if possession is late.
What clients in Vietnam should know
- Pay only through banking channels.
- Apply for a lower TDS certificate before the sale.
- Keep all purchase records for tax.
Step by step from Vietnam
Video consultation
A call at a time that suits Vietnam, after we have read your documents.
Documents signed in Vietnam
Vietnamese notary, Ministry of Foreign Affairs legalisation, then Indian mission attestation
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Vietnam where needed.
The full guide
This page covers what changes when you are in Vietnam. For the law, the documents and the step-by-step procedure, read our main page on Buying & Selling Property, or see all services for clients in Vietnam and the NRI Property Law practice area.
Questions from clients in Vietnam
Can I buy a flat in India while living in Hanoi?
Yes, as an NRI, without permission, except agricultural land and farmhouses.
Can my Vietnamese spouse own property in India?
Generally only with OCI status; otherwise joint ownership is not permitted.
Can I send the sale money to Vietnam?
Yes, within repatriation limits after tax.
Can I complain to RERA from Vietnam?
Yes, through a power of attorney; most RERA authorities accept online filing.