Does a household that wants to borrow capital to invest abroad need to have a Certificate of investment registration abroad? It is as prescribed in Clause 2, Article 5.Circular 36/2018/TT-NHNN as follows:

Loan conditions

Credit institutions consider and decide to lend for overseas investment when customers meet the following conditions:

1. Customer is a legal entity with civil legal capacity according to the provisions of law. Customers are individuals (including individuals who are members or authorized representatives of households, cooperative groups and other organizations without legal status) aged 18 years or older with legal capacity. full civil conduct according to the provisions of law.

2. Has been granted an Outward Investment Registration Certificate and investment activities have been approved or licensed by the competent authority of the investment-receiving country. In case the law of the investment receiving country does not provide for investment licensing or investment approval, the investor must have documents proving the right to invest in the investment receiving country.

3. Have a project or plan to invest abroad that is assessed by a credit institution as feasible and the customer has the ability to repay the credit institution.

4. Have not incurred bad debt for 2 consecutive years up to the time of loan application.

Thus, according to the above regulations, households that want to borrow capital to invest abroad must have a Certificate of investment registration abroad and the investment activities have been approved by the competent authority of the country receiving the investment. approved or licensed.

In case the law of the investment receiving country does not provide for investment licensing or investment approval, the investor must have documents proving the right to invest in the investment receiving country.