A boy inside a Saigon water bus with Vietnam’s tallest building Landmark 81 in the background in Ho Chi Minh City on June 6, 2019. Photo: Reuters

Chinese investors make a beeline for Vietnam’s luxury real estate, until their passports run into a wall over South China Sea dispute

  • Under Vietnamese law, foreign buyers are required to submit their passports to secure a document from the government to grant them ownership of a flat
  • Since Chinese passports depict the disputed Paracel Islands as Chinese territory, buyers from mainland China typically encounter difficulties in securing ownership from Vietnam’s authorities
Topic |   International Property

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A boy inside a Saigon water bus with Vietnam’s tallest building Landmark 81 in the background in Ho Chi Minh City on June 6, 2019. Photo: Reuters
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