Hi,
Just been reading through most of the money transfer topics & it seems at times it can be quite complicated to get money out of VN.
I've been thinking about getting a property in VN but am concerned about the complexities about getting money in and then back out later.
Ignoring any property/purchase issues (will leave that for another topic). If I were to transfer, let's say AUD$100k in, buy a property, rent it out, sell it in the future.
1. How hard is it to transfer a large sum like that in & is it a one off wire fee?
2. If I am earning rental money on the property (which assuming gets deposited into the bank), is that a simple case of just transferring the money back to Australia whenever I want & just paying a wire fee (can it be done online from AU?).
3. If I eventually sell the house down the track will it be hard to get that money transferred back (assuming I fulfil all tax/capital gains reqs)? My reading in the previous topics seem to indicate yes as there will be a proper trail for the sale of property, is that correct?
If anyone has any experience/knowledge in this area it would be greatly appreciated.
Thanks,