Regulations on housing sale contracts in Vietnam

Contract period: 1 year is common. There are also properties that can be negotiated for short-term contracts such as several months.

Deposit (like a security deposit in Japan): 1-2 months' rent for serviced apartments, 2 months' rent for condominiums.

　　　This deposit will be returned after you move out when the contract ends. However, if the room is in poor condition, such as damaged or missing fixtures, or significant damage to the walls, the cost of repairs, etc. will be deducted from the deposit.

If you try to leave before the specified contract period is reached, the deposit will be forfeited.

Previous rent: 1 month

Initial cost: [Deposit for 2 months' rent] + [Prepaid rent for 1 month] = 3 months' rent is required.

Taxes: If the lessor is a corporation, a red invoice can be issued. In addition, even if the lender is an individual owner, it is possible to issue a document called a tax payment certificate.

What you need for the contract: Along with your passport, you will be asked to present a visa that allows you to live in Vietnam. When renting under a corporate name, the signature and seal of the legal representative are required at the time of contract.