Paying for real estate abroad: currency exchange, transfers, FET certificate

Payments under the construction schedule are made to an escrow account overseen by the Dubai Land Department, not directly to the developer—as required by escrow laws in the UAE. We transfer funds to this account, so the developer cannot receive funds before the confirmed stage of work.

By law, no, but some banks and developers require it as an internal requirement for buyer due diligence. We confirm this with the recipient bank in advance to ensure the transfer isn't held up by the compliance review.

Exchange on the main page means cash in hand for everyday expenses. Bill payments on /products-services are one-time targeted payments (for education, medical treatment, company bills). Here, we specifically cover real estate transactions: purchase, rental, escrow, and FET certificates, across all five countries where we operate.

The escrow account is opened not by the buyer directly, but by the developer, under the supervision of the Dubai Land Department, in accordance with UAE escrow laws. Your role is to transfer payment to this account; the account is protected by the fact that the developer cannot receive funds before the confirmed construction stage.

Yes, this is a standard off-plan scheme: payment is split into a deposit (usually 10–20%) and payments according to the construction schedule, without a bank mortgage loan—in this case, the installment plan is provided by the developer, not the bank.

Yes, payment for your purchase must be made through a licensed Vietnamese financial institution—this is a legal requirement, not a specific bank requirement. We confirm the exact terms of your transaction with the recipient bank in advance.

Freehold ownership (Hak Milik) – no, it's not legally available to foreigners. You can register a right of use (Hak Pakai) or a long-term lease (Hak Sewa) in your own name – these are legal forms of ownership specifically for foreigners, without the need to establish an Indonesian company.

You receive official confirmation of the funds' transfer—not a screenshot, but a document that can be verified and presented if necessary (for example, to a developer or lawyer).