Just for sake of discussing, no worries. Sometimes we think something cannot be done while many others are happily doing it.
I have a friend in Dalat, foreigner guy married local. He started a holding company with wife and one or 2 other partners. The company bought a big piece of land and built 10 villas. He is now selling the individual villas to other ppl.... probably foreigners. I doubt there are individual title deeds... maybe just a share in his company.
When I meet him again I will ask how he is doing it in greater detail. In this world, there are always pros and cons & winners & losers. Just like S'poreans go in to Suzhou and lose millions while M'sian Robert Kuok is making millions with every Shangri-La hotel he builts in every city in China.
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Originally Posted by naemlo
Starting a partnership company, this loophole has been there for years and there is a risk..
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