Effective Tax Rate on Rental Income
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Global Property Guide research
Nonresidents are taxed on their Vietnamese-sourced income. Married couples are assessed separately and there is no provision for joint taxation.
Nonresidents are liable to pay tax on their Vietnamese-sourced income at a flat rate of 20%.
CAPITAL GAINS TAX
Income earned by nonresidents from transfer of real estate is taxed at a flat rate of 0.10% on the gross sale proceeds.
Non-agricultural land is subject to land tax at progressive rates, from 0.03% to 0.15%. The tax base is the land area used based on the prescribed price per square meter.