Are foreigners allowed to apply for a certificate of practice in real estate brokerage in Vietnam?

Are foreigners allowed to apply for a certificate of practice in real estate brokerage in Vietnam? Where is the registration for the certificate of real estate brokerage practice in Vietnam?

I have a friend abroad and am learning about the real estate market in Vietnam, can I ask if foreigners can apply for a certificate of real estate brokerage practice in Vietnam?

Please advice. Thankyou.

Are foreigners allowed to apply for a certificate of practice in real estate brokerage in Vietnam?

In Article 8 of Circular 11/2015/TT-BXD, there are regulations on the applicants for real estate brokerage practice certificates as follows:

The candidates include Vietnamese citizens, overseas Vietnamese and foreigners who are eligible for the examination as prescribed in Article 9 and Article 10 of this Circular.

Article 9 of this Circular stipulates:

The candidates must satisfy the following requirements:

1. Having full capacity of civil acts and being not investigated for criminal liability or under a prison sentence;

2. Having high-school diploma or higher;

3. Having submitted the application and paid the examination fees to the examination organization unit as prescribed in this Circular.

Article 10 of this Circular stipulates:

1. 01 application form with a 4x6cm color picture taken within 06 months prior to the application for examination (using the form stated in Annex 1 of this Circular);

2. 01 certified copy of ID Card (if the candidate is a Vietnamese citizen) or Passport (if the candidate is a foreigner) (or the copy enclosed with its original for comparison).

3. 01 certified copy of Certificate of completion of a real estate brokerage training course (if any);

4. Certified copy of high-school diploma (or equivalent) or;

5. 02 4x6cm color pictures taken within 06 month prior to the application for examination and 02 envelops having stamps and specifying the full name, telephone number and address of the receiver;

6. Certified copy and translation of broker license issued by foreign competent authorities (if the candidate is a foreigner or Vietnamese holder of unexpired broker incense issued by foreign competent authorities).

Pursuant to the current regulations, foreigners may take part in the certification of real estate brokerage practice in Vietnam. However, in order to enter the competition, foreigners need to meet the conditions listed above.

Where is the registration for the certificate of real estate brokerage practice in Vietnam?

In Article 11 of Circular 11/2015/TT-BXD, there are regulations on registration as follows:

1. The applicant for broker license may register for taking the examination nationwide.

2. Annually, the applicant for broker license may submit the application for examination as prescribed in Clause 3 Article 3 of this Circular.

3. Before each examination is organized, each candidate shall directly submit 02 sets of the application as prescribed in Article 10 and pay the examination fees to the examination organization unit (01 set is filed at the examination organization unit and the other is sent to the construction department for granting broker license). Deadline and location for submitting the application are performed as notified by the construction department or the examination organization unit.

According to this Article, those who wish to issue a certificate of real estate brokerage practice in Vietnam will be registered for the nationwide test.

Best Regards!

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