Vinhomes Ocean Park 2 and 3 have been licensed to sell units to foreigners, helping expats settle on the eastside of Hanoi.
On June 28, Vinhome Ocean Park 2 and 3 were officially licensed to sell housing to foreign individuals and organizations.
According to the new Housing Law and Land Law regulations, expected to take effect August 1, the issuance of individual home ownership certificates to foreigners buying houses in Vinhomes Ocean Park 2, 3 will be allowed.
Non-Vietnamese will be permitted to own a house for a term of 50 years, with the option to extend it only once for a maximum of another 50 years.Vinhomes
Lee Jang-wol, a Korean engineer working in Bac Ninh, said he and his wife have intended to buy a house to settle down.
He aimed to buy one at Vinhomes Ocean Park 2, especially after it launched K-Town Korea.
Now that the project has officially been sold legally to foreigners, the Lee family decided to Ocean City to live.
Yang Ji-hyo’s family made their goal to buy atVinhomes Ocean Park 3 because of its dynamic design style.
Each project can only sell a maximum of 250 individual houses to foreigners, so next week he and his wife will survey available units to choose a house and sign a sales contract.
Source: Vnexpress
