Wealthy Vietnamese are rushing to buy properties overseas for many purposes – for eventual settlement, overseas study and investment. Many real estate brokerage firms in Vietnam have begun selling overseas properties.Pham Thanh Hung, vice president of Cengroup, said selling properties worth VND1 billion in Vietnam is common, but selling real estate overseas is another story. Thus, there are not many real estate brokerage firms that provide the service. In most cases, Vietnamese buy properties to obtain PR (permanent resident) status. RELATED NEWSVietnam has 200 super-rich peopleWealthy Vietnamese advised to ‘buy’ European citizenshipChi Mai

Source: VietNamNet News August 12, 2017 06:56 UTC