Posted 16 Dec 2008

From 1st January 2009, new government laws mean that foreigners will be able to buy and own property in Vietnam.

The news might be of interest to those who want to teach English abroad, as cheap labour and a stable political system make it a popular destination to invest in, Homes Overseas explains.

The website says the country is reported to have, after China, the biggest potential for capital growth in both the residential and commercial property sectors.

Vietnam’s change in law is a "positive step" and should keep the market strong, Homes Overseas added.

Croatia is another country that has recently made it easier to purchase property due to changes in its legislation. From February next year, foreigners will be able to buy homes on the same terms as the locals.

According to the Lonely Planet, most work opportunities in Vietnam are teaching a foreign language and English is the most popular choice for students there.

This might mean it could be a suitable location for people with a TEFL course to work.

Category: Moving Abroad