Van Don Quang Ninh, one of Vietnam’s three special economic zones, is poised to enjoy numerous benefits. As an avid blogger on real estate matters, I am excited to share the advantages that Van Don holds as it transitions into a special area.
Extension to Real Estate Policy
Experts in the real estate field have hailed Van Don’s special economic zone for its comprehensive land policy. Among the outstanding policies are the rights for foreigners to own land and investors to hold land ownership for up to 99 years. Additionally, there are provisions for free liquidation of real estate projects, visa exemptions for foreign guests staying up to 30 days, and the allowance to transact in multiple currencies. A recent noteworthy development is the granting of licenses to Vietnamese citizens to operate casinos in Van Don. These practical policies have laid a solid foundation for the growth of the Van Don Real Estate Market.
Rapid Tourism Development
In addition to the expansive land policy, the pace of tourism development has accelerated greatly due to the influence of the Special Zones Law. Van Don, with its immense potential for tourism, has witnessed a surge in real estate projects catering not only to leisure travelers but also to those seeking modern, comfortable, and elegant entertainment services. Capitalizing on this trend, projects in Van Don have focused on constructing the most luxurious apartments and resort hotels.
Sonasea Van Don Harbor City Resort
Active Investors Engaging in Business Opportunities
While stricter land policies imposed by the government have raised concerns among investors, the creation of special economic zones has invigorated the real estate market. The land “fever” is expected to return soon, prompting proactive investors to pour capital into this area. Consequently, Van Don has witnessed a steady influx of real estate investment projects, providing abundant opportunities for investors.
A Lucrative Venture for Investors
Investors who choose to invest in Pearl Island’s real estate can rest assured that they are tapping into profitable opportunities. Experienced investors have assessed that real estate investments in Van Don possess the potential to attract significant capital in the shortest time possible, given the region’s remarkable prospects. Notable among the real estate projects in Van Don are the Phuong Dong project and the Tien Van Don Pond Thong Nhat, both offering lucrative opportunities for investors.
Ao Tien Van Don Luxury Port and Tourism Urban Area
With the benefits that Van Don’s special economic zone affords, investors can engage in profitable activities within this field. Many of Van Don’s land projects are considered “golden eggs,” enabling investors to quickly recoup their capital.
In conclusion, Van Don’s transformation into a special economic zone holds immense potential for growth in real estate and tourism sectors. The extension to real estate policies, rapid tourism development, active investor participation, and significant business opportunities make Van Don an enticing investment destination.
For more information on Van Don’s special economic zone and other beneficial opportunities, visit Truth and Hope.