Vehicle & Asset Registration

Registering a vehicle or other asset in a foreign national's name is possible but depends on your residence status, and what you can do with the asset when you leave depends on how it was registered in the first place.

Wise Counsel advises foreign nationals on registering vehicles and other assets in Vietnam and on transferring them on departure.

What we help with

• Advising whether your residence status allows registration in your own name
• Registration of motorcycles and cars purchased in Vietnam
• Advising on the risks of registering an asset in another person's name
• Transfer of ownership when buying from or selling to another person
• Advising on insurance requirements and what coverage actually applies
• Registration of other assets, including where financing is involved
• Transferring or selling assets before departure from Vietnam
• Advising on repatriating the proceeds of a sale

Registering a vehicle in a friend's or employee's name to save time creates a real ownership risk. If the relationship changes, recovering the asset is difficult.