The 60-second version
Vietnam brokerage exit needs sell HOSE/HNX holdings, tax summary, depot termination letter, and VND SWIFT to NRE before India tax residency.
Sell HOSE blue chips before losing VND e-banking — 0.1% CG on listed equity for non-resident
SSI Securities and VNDirect serve HOSE/HNX custody — obtain annual PIT summary before closing depot.
Plan sell orders 45+ days ahead — VND wires to NRE need FX conversion at Vietnamese bank.
Tax lane: Vietnam tax guide for payroll exit.
Vietnam depot wind-down
| Broker | Tax doc | Step |
|---|---|---|
| SSI | PIT stmt | Sell + close |
| VNDirect | Annual cert | Zero holdings |
| HOSE/HNX | Local stocks | Plan liquidity |
| NRE | INR/VND | SWIFT receipt |
Closure
Sell
Liquidate HOSE/HNX holdings.
PIT
CG if required.
VND wire
Convert + SWIFT NRE.
Close depot
Termination letter.
Schedule FA
Last FY foreign asset.
Flow
Vietnam brokerage kit
- Trade confirms.
- PIT summary.
- Closure letter.
- SWIFT.
- Passport copy.
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VND liquidity
HOSE turnover is strong on large caps — place limit orders early on small-cap exit week.
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Schedule FA?
Declare depot in last FY you held foreign brokerage.
FBAR?
US person — FinCEN 114 if account aggregate > USD 10K.
Thailand parallel?
Thailand brokerage guide for Bangkok depot.
DTAA?
India-Vietnam treaty may give FTC on CG — Form 67.
Linked bank?
Close VND account only after depot zero.
Work permit?
Wire before work permit cancel if branch requires active permit.
Your NRE account redesignation has a deadline.
Banks don't remind you. You need the right account stack before salary, rent, and EMIs start moving. Get the exact sequence.