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Everything you need to know before buying real estate is included in our Vietnam Property Pack
Buying property in Binh Duong as a foreigner involves several costs beyond the purchase price, including registration fees, notary charges, and potentially VAT on new-build units.
We constantly update this blog post to reflect the latest regulations and market conditions in Binh Duong.
Understanding these costs upfront will help you budget accurately and avoid surprises during your property transaction in Vietnam.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Binh Duong.
Overall, how much extra should I budget on top of the purchase price in Binh Duong in 2026?
How much are total buyer closing costs in Binh Duong in 2026?
As of early 2026, total buyer closing costs in Binh Duong typically range from 2% to 6% of the purchase price for most transactions, which means on a 2 billion VND property (around 80,000 USD or 74,000 EUR), you should expect to pay an extra 40 to 120 million VND (1,600 to 4,800 USD or 1,500 to 4,400 EUR).
The minimum extra budget in Binh Duong when keeping expenses to the bare legal minimum is around 1.5% to 2% of the purchase price, covering just the mandatory 0.5% registration fee, basic notary charges, and small administrative filings.
However, buyers should realistically plan for a maximum of 4% to 6% on resale properties, or up to 13% to 16% on new-build units if the developer price excludes VAT, as VAT alone can add 10% to the total cost.
The main factors that determine whether your closing costs fall at the low end or high end in Binh Duong include whether you are buying resale versus new-build, whether VAT is included in the price, and whether you are purchasing an apartment (which requires a 2% maintenance fund) or landed property.
What's the usual total % of fees and taxes over the purchase price in Binh Duong?
The usual total percentage of fees and taxes over the purchase price in Binh Duong ranges from about 2.5% to 4% for resale properties and 3.5% to 6% for new-build units where VAT is already included in the advertised price.
This realistic range covers most standard property transactions, though buyers purchasing new apartments directly from developers with VAT quoted separately can see totals climb to 13% to 16%.
Of that total, government taxes and fees (registration fee, notary charges, and VAT where applicable) typically account for 60% to 80% of the costs, while professional service fees like legal due diligence and translation make up the remaining 20% to 40%.
By the way, you will find much more detailed data in our property pack covering the real estate market in Binh Duong.
What costs are always mandatory when buying in Binh Duong in 2026?
As of early 2026, the mandatory costs when buying property in Binh Duong include the 0.5% registration fee (paid to the state), notarization of the transfer contract (required by law with tariff-based fees), and basic administrative filings at the land office.
Optional but highly recommended costs include independent lawyer due diligence (especially for checking title and ownership limits for foreigners), certified translation and interpreter services at signing, and an independent property valuation if you are negotiating or financing your purchase.
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What taxes do I pay when buying a property in Binh Duong in 2026?
What is the property transfer tax rate in Binh Duong in 2026?
As of early 2026, the property transfer tax rate in Binh Duong is effectively 0.5% of the property value, which is technically called a "registration fee" rather than a transfer tax in Vietnamese law.
There are no extra transfer taxes specifically for foreigners buying property in Binh Duong, as the 0.5% rate applies based on the property type and registration, not your nationality.
Buyers pay VAT on residential property purchases in Binh Duong when buying new-build or off-plan units directly from developers, typically at the standard 10% rate, but VAT does not apply to resale transactions between individuals.
What many foreigners call "stamp duty" is functionally covered by the combination of registration fees and notarization charges in Vietnam, so there is no separate stamp duty line item to budget for in Binh Duong.
Are there tax exemptions or reduced rates for first-time buyers in Binh Duong?
There is no widely used first-time buyer discount or exemption in Binh Duong that reliably reduces the 0.5% registration fee for ordinary private purchases, as most exemptions require meeting very specific categories listed in the decree.
If you buy property through a company instead of as an individual in Binh Duong, the registration fee logic still applies, but you will later face corporate income tax (typically 20%) on any profits from rental income or resale.
There is a practical tax difference between new-build and resale properties in Binh Duong, with new-build purchases often including VAT in the pricing mechanics while resale transactions have the 0.5% registration fee as the main predictable buyer-side charge.
To qualify for any exemptions that do exist (such as transfers between close relatives), buyers in Binh Duong must provide specific documentation proving the relationship and meet the conditions outlined in the relevant decrees.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
Which professional fees will I pay as a buyer in Binh Duong in 2026?
How much does a notary or conveyancing lawyer cost in Binh Duong in 2026?
As of early 2026, notary fees in Binh Duong typically cost around 0.03% to 0.10% of the declared contract value, which on a 2 billion VND property (80,000 USD or 74,000 EUR) works out to roughly 600,000 to 2 million VND (24 to 80 USD or 22 to 74 EUR).
Notary fees in Vietnam are charged as a percentage of the property price following a government-set tariff schedule with brackets and caps, rather than a flat rate.
Translation and interpreter services for foreign buyers in Binh Duong typically cost 1.5 to 4 million VND (60 to 160 USD or 55 to 150 EUR) for an interpreter at signing, plus 2 to 8 million VND (80 to 320 USD or 75 to 300 EUR) for certified document translation.
While not mandatory, a tax advisor for a one-off consultation in Binh Duong costs around 3 to 15 million VND (120 to 600 USD or 110 to 555 EUR), and ongoing rental tax filing support runs about 2 to 6 million VND per year (80 to 240 USD or 75 to 220 EUR).
We have a whole part dedicated to these topics in our our real estate pack about Binh Duong.
What's the typical real estate agent fee in Binh Duong in 2026?
As of early 2026, real estate agent fees in Binh Duong are typically 0% to 1% for buyer-side representation, though sellers often pay 1% to 3% to listing agents, and fees are negotiable by law rather than fixed.
In most Binh Duong transactions, the seller pays the broker fee and buyers feel it indirectly in the property price, but if you hire an agent to represent you directly as a buyer, you should budget 0% to 1% or negotiate a fixed fee.
The realistic range for agent fees in Binh Duong spans from zero (when the seller covers everything) to about 3% in total for deals where both parties have separate representation, with most arrangements falling somewhere in between based on negotiation.
How much do legal checks cost (title, liens, permits) in Binh Duong?
Legal checks including title search, liens verification, and permits review in Binh Duong typically cost between 10 to 50 million VND (400 to 2,000 USD or 370 to 1,850 EUR), with apartments in big projects at the lower end and landed homes requiring more extensive checks at the higher end.
Property valuation fees in Binh Duong run about 2 to 8 million VND (80 to 320 USD or 75 to 300 EUR) for typical apartments and 5 to 20 million VND (200 to 800 USD or 185 to 740 EUR) for more complex landed properties.
The most critical legal check that should never be skipped in Binh Duong is verifying the land-use right certificate and ownership history, as this confirms the seller has the legal right to transfer the property and that there are no hidden encumbrances.
Buying a property with hidden issues is something we mention in our list of risks and pitfalls people face when buying real estate in Binh Duong.
Get the full checklist for your due diligence in Binh Duong
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What hidden or surprise costs should I watch for in Binh Duong right now?
What are the most common unexpected fees buyers discover in Binh Duong?
The most common unexpected fees buyers discover in Binh Duong include the 2% apartment maintenance fund (a one-off payment required for all condos), monthly service charges that are quoted separately from the price, and parking deposits or fees that can catch foreigners off guard.
Yes, there are unpaid charges a buyer could inherit in Binh Duong, particularly service fee arrears and maintenance contributions in condos, so you should always request a clearance statement from the building management before completing your purchase.
Scams with fake listings and inflated fees do occur in Binh Duong, and you can protect yourself by paying only against notarized contracts and official receipts for state fees, and by working with verified agents and lawyers.
Fees that are usually not disclosed upfront in Binh Duong include the 2% apartment maintenance fund when agents only quote "price per square meter," ongoing monthly service fees, parking costs, and translation or legal due diligence expenses that foreigners often assume are included.
In our property pack covering the property buying process in Binh Duong, we go into details so you can avoid these pitfalls.
Are there extra fees if the property has a tenant in Binh Duong?
Extra costs when buying a tenanted property in Binh Duong typically include legal review of the existing lease (around 3 to 10 million VND or 120 to 400 USD or 110 to 370 EUR), handover settlement costs for prorated rent and deposit transfers, and potentially early termination compensation if you want vacant possession.
When you purchase a tenanted property in Binh Duong, you generally inherit the legal obligations of the existing lease, meaning you must honor the rental terms until the contract expires unless you negotiate otherwise.
Terminating an existing lease immediately after purchase in Binh Duong is possible but usually requires paying compensation to the tenant, and the amount depends on the lease terms and how much time remains.
A sitting tenant in Binh Duong can either increase a property's appeal (for investors wanting immediate rental income) or reduce it (for owner-occupiers), so the impact on market value and your negotiating position depends on your goals.
If you want to optimize your rental strategy, you can read our complete guide on how to buy and rent out in Binh Duong.
We have made this infographic to give you a quick and clear snapshot of the property market in Vietnam. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which fees are negotiable, and who really pays what in Binh Duong?
Which closing costs are negotiable in Binh Duong right now?
Negotiable closing costs in Binh Duong include who pays the seller's 2% transfer tax (often negotiated into the price), agent fees (both rate and who pays), and who covers small notary and administrative incidentals.
The 0.5% registration fee is fixed by law and cannot be negotiated in Binh Duong, though you can negotiate who bears the cost economically as part of your overall deal structure.
Typical discounts buyers can achieve on negotiable fees in Binh Duong include getting sellers to cover their own 2% transfer tax (saving you that amount) and reducing or eliminating buyer-side agent fees by negotiating a fixed fee arrangement instead of a percentage.
Can I ask the seller to cover some closing costs in Binh Duong?
Yes, asking sellers to cover closing costs in Binh Duong is fairly common, and your success depends largely on market conditions and how motivated the seller is to complete the transaction.
Sellers in Binh Duong are most commonly willing to cover their own 2% personal income tax on the transfer (which is legally their obligation anyway), and sometimes they will absorb small notary or administrative fees to close a deal.
Sellers are more likely to accept covering closing costs in Binh Duong during slower market periods, when the property has been listed for a while, or when they need to sell quickly due to personal circumstances.
Is price bargaining common in Binh Duong in 2026?
As of early 2026, price bargaining is definitely common in Binh Duong, especially on resale properties and in areas like Di An and Thuan An where many units target commuters and industrial zone tenants.
Buyers in Binh Duong typically negotiate 3% to 8% below asking price on resale apartments (60 to 160 million VND or 2,400 to 6,400 USD or 2,200 to 5,900 EUR on a 2 billion VND unit), and 5% to 12% on landed homes when there are paperwork or condition issues, while developer sales often involve incentives like payment schedules or management fee waivers rather than headline price cuts.
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What monthly, quarterly or annual costs will I pay as an owner in Binh Duong?
What's the realistic monthly owner budget in Binh Duong right now?
A realistic monthly owner budget in Binh Duong (excluding mortgage) is around 1 to 3 million VND (40 to 120 USD or 37 to 110 EUR) for apartments, covering service fees and basic maintenance, though landed homes may have lower fixed fees but higher variable maintenance costs.
The main recurring expense categories in Binh Duong include building service and management fees, utilities if occupied, parking charges (often separate), and minor repairs or maintenance.
Monthly owner costs in Binh Duong range from about 700,000 VND (28 USD or 26 EUR) for a small apartment in a basic building to over 4 million VND (160 USD or 148 EUR) for a large unit in a premium development with extensive amenities.
The cost that varies most in Binh Duong is the building service fee, which ranges from 10,000 to 18,000 VND per square meter per month depending on the building's age, amenities, and management quality.
You can see how this budget affect your gross and rental yields in Binh Duong here.
What is the annual property tax amount in Binh Duong in 2026?
As of early 2026, annual property tax in Binh Duong (called non-agricultural land use tax) is usually quite small, often ranging from a few hundred thousand to a few million VND per year (10 to 120 USD or 9 to 110 EUR) for typical residential properties, which is much lighter than property taxes in many Western countries.
The realistic range for annual property taxes in Binh Duong depends on land plot size and official land value, spanning from roughly 200,000 VND (8 USD or 7 EUR) for small apartment land shares to 3 million VND (120 USD or 110 EUR) or more for larger landed properties.
Property tax in Binh Duong is calculated based on the official land price table value (not market value) multiplied by progressive rates typically ranging from 0.03% to 0.15%, with most ordinary homes falling in the lower bands.
Exemptions and reductions in Binh Duong are available for certain categories like land used by disabled persons or revolutionary contributors, but ordinary foreign buyers typically do not qualify for these special rates.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
If I rent it out, what extra taxes and fees apply in Binh Duong in 2026?
What tax rate applies to rental income in Binh Duong in 2026?
As of early 2026, rental income tax in Binh Duong for individual landlords earning above 100 million VND per year (4,000 USD or 3,700 EUR) is typically around 10% of gross rent, broken down as 5% VAT and 5% personal income tax.
Individual landlords in Binh Duong using the common presumptive tax method cannot deduct expenses from rental income, as the 10% rate is applied to gross revenue rather than profit, though companies can deduct expenses under corporate tax rules.
The effective tax rate for typical landlords in Binh Duong is either 0% (if annual rental income stays below 100 million VND) or around 10% on gross rent (if above the threshold), making it relatively straightforward to calculate.
Foreign property owners in Binh Duong pay the same rental income tax rates as Vietnamese residents, so there is no additional foreigner surcharge on rental earnings.
Do I pay tax on short-term rentals in Binh Duong in 2026?
As of early 2026, short-term rentals in Binh Duong are subject to the same tax framework as long-term rentals, meaning if your annual rental revenue exceeds 100 million VND, you owe approximately 10% on gross income.
Short-term rental income is not taxed differently from long-term rental income in Binh Duong in terms of rates, but short-term operators face additional compliance requirements around registration and invoicing, and may want to budget for a tax advisor.
In our property pack about Binh Duong, we cover the short-term rental market in detail.
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If I sell later, what taxes and fees will I pay in Binh Duong in 2026?
What's the total cost of selling as a % of price in Binh Duong in 2026?
As of early 2026, the total cost of selling property in Binh Duong typically ranges from 3% to 6% of the sale price, covering taxes, agent fees, and administrative costs.
The realistic range for total selling costs in Binh Duong spans from about 2.5% (if you sell without an agent and handle paperwork yourself) to around 6% or slightly higher (if you use a full-service agent and the buyer negotiates for you to cover some of their costs).
Specific cost categories that make up this total in Binh Duong include the 2% personal income tax on transfer value, agent commission (typically 1% to 3%), notary and administrative fees (under 1%), and potentially early mortgage repayment penalties if applicable.
The single largest contributor to selling expenses in Binh Duong is usually the 2% personal income tax, which applies to the transfer value and is legally the seller's responsibility.
What capital gains tax applies when selling in Binh Duong in 2026?
As of early 2026, Vietnam applies a 2% tax on the transfer value when selling property in Binh Duong, which functions as the capital gains tax regardless of whether you made a profit or loss on the sale.
Exemptions to this 2% tax in Binh Duong include transfers between close relatives (spouse, parents, children) and potentially transfers of your only residential property under specific documented conditions, though proving eligibility requires substantial paperwork.
Foreigners do not pay an extra or different capital gains rate when selling property in Binh Duong, as the 2% transfer tax applies equally based on the transaction, not the seller's nationality.
Unlike many countries, Vietnam calculates the tax as a flat 2% of the transfer value rather than on the actual capital gain, so you pay the same rate whether your property doubled in value or barely appreciated.
We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Binh Duong, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Decree 10/2022/ND-CP (LuatVietnam) | Government decree setting nationwide registration fee rules. | We used it to confirm the 0.5% registration fee rate and how the fee base is determined. We also used it to explain why Binh Duong's land price list matters for tax calculations. |
| Circular 257/2016/TT-BTC (Chinh Phu) | Official Vietnamese government portal hosting Ministry of Finance circulars. | We used it as the legal basis for the notary fee schedule tied to contract value. We used it to justify notary fee estimates with brackets and caps. |
| Law 48/2024/QH15 on VAT (THU VIEN PHAP LUAT) | National Assembly law defining VAT application in Vietnam. | We used it to anchor when VAT applies to property transactions, especially developer sales. We used it as the primary legal source before interpreting practical implications. |
| Savills Vietnam (Apartment Fees) | Major global real estate consultancy with Vietnam expertise. | We used it to confirm the typical 2% apartment maintenance fund that surprises foreign buyers. We used it to separate one-off costs from ongoing service fees. |
| Circular 40/2021/TT-BTC (Apolat Legal) | Ministry of Finance circular on individual business income taxes. | We used it to anchor rental income taxes and the 100 million VND threshold. We used it to support the 5% VAT plus 5% PIT estimate for landlords. |
| Tuoi Tre News (PIT Law) | Reports on enacted laws with effective dates in plain language. | We used it to confirm the 2% real estate transfer PIT rule remains in effect. We used it to flag the revised law's effective date of July 2026. |
| Law on Non-Agricultural Land Use Tax (THU VIEN PHAP LUAT) | Consolidated legal text on Vietnam's annual residential land tax. | We used it to explain the small but recurring annual tax that surprises foreign buyers. We used it to show why owner costs in Vietnam are lighter than in Western countries. |
| Binh Duong Land Administration Portal | Official Vietnamese land administration portal for Binh Duong. | We used it to show Binh Duong has an official land price table affecting fee calculations. We used it to explain why declared values can be adjusted. |
| Law 29/2023/QH15 on Real Estate Business (THU VIEN PHAP LUAT) | National Assembly law governing real estate business activities. | We used it to support that brokerage fees are by agreement, not a fixed tariff. We used it to frame agent fees as negotiable market practice. |
| KPMG Tax News | Major global tax firm summarizing official resolutions with citations. | We used it to confirm the VAT reduction to 8% excludes real estate trading. We used it to avoid giving overly optimistic VAT estimates to buyers. |
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