About Vietnam Citizenship and Residency

Vietnam does not offer direct citizenship and residency by investment alternatively the Vietnam government has an Investor Visa. The Vietnamese Government has recently made a few changes to the immigration laws for foreign investors looking to invest in the country. In addition, these new laws make it easier for any foreign investor to invest in Vietnam and get a temporary residence permit in the country.

The Vietnam Investor Visa (or DT visa) allows the visa holder to enter/exit the country, transit through, and stay within the country for 12 months. This visa is granted to foreign investors and foreign lawyers that wish to reside in Vietnam.

There are 4 different types of investors visa that you can apply for depending on the amount of money invested, each allows you to stay within the country for 1-10 years.

 

Investment Visa Option

• DT1 Visa: This visa is granted to a foreign investor for 5 years with a total capital investment of no less than VND 100 billion ($4.3 million). Also given to investors investing in the economic categories and regions where the Vietnamese Government has set up investment incentives.
• DT2 Visa: This visa is granted to a foreign investor for 5 years with a total capital investment between VND 50 billion ($2.17 million) and VND 100 billion ($4.35 million). Also granted to investors investing in the economic categories and regions where the Vietnamese Government has set up investment incentives.
• DT3 Visa: This visa is granted to a foreign investor for 5 years with investment capital between VND 3 billion ($130,500) and VND 50 billion ($2.17 million).
• DT4 Visa: This visa is granted to foreign investors that allow them to stay in the country for 12 months and has made a capital contribution of less than VND 3 billion ($130,500).

 

The first step toward getting your Vietnam investor visa is gathering all the necessary documents. Certain documents must be acquired before the start of your visa application process. Below are the required documents/visa requirements to apply for your investment visa. You can apply for the visa in three ways:

• Within Vietnam
• Outside Vietnam
• Visa On Arrival

 

Within Vietnam

If you are already in Vietnam wishing to invest, you can apply for the Vietnam Investor Visa in your province. To apply for the DT visa, you need the following documents:

• A valid original passport
• Form NA5 (this is a visa application form and a visa extension form for foreigners in Vietnam)
• Form NA16 Registration form for the seal and signature of the legal representative of the enterprise operating in Vietnam
• Temporary residence registration form
• A photo in 4x6cm size, with white background
• Proof of legal status as prescribed by Vietnam’s law (in case you are foreign investors)
• Certified copy of Business Registration Certificate/ Investment Registration Certificate
• Certificate of seal specimen registration or a notice on the publication of information on the sealed specimen of the enterprise on the nation enterprise registration portal
• Lawyer license if you are a lawyer
• A letter of invitation from the company sponsoring you

 

Outside Vietnam

• Copy of your valid original passport
• Certified copy of Business Registration Certificate/ Investment Registration Certificate
• Certificate of seal specimen registration or a notice on the publication of information on the sealed specimen of the enterprise on the national enterprise registration portal
• Form NA16 Registration form for the seal and signature of the legal representative of the enterprise operating in Vietnam
• Form NA2 with Barcode – Foreigner’s pre-clearance requests to enter Vietnam
• Temporary residence registration form as prescribed

 

Visa On Arrival

• Certified copy of Business Registration Certificate/ Investment Registration Certificate
• A seal registration certificate or notice of posting information about the enterprise’s seal sample on the national business registration portal
• Form NA16 registration form in which the legal representative of the inviting company operating in Vietnam should sign and seal
• Form NA2 with Barcode – foreigner’s pre-clearance requests to enter Vietnam
• The valid passport copy of the investor

 

Benefits Of Vietnam Residency By Investment Program

• apply for Vietnam temporary card valid for up to 10 years
• sponsor their spouse/children to get a Vietnam TT visa if their visa is DT1, DT2, or DT3
• extend the visa following visa extension instructions.
• open door policy for foreign investment
• attractive tax regime
• young and low-cost workforce
• fast-growing economy

 

Vietnam Residency Requirements And Qualifications

The requirements and qualifications required to obtain Vietnam residency or citizenship are listed above in the “About Vietnam Citizenship and Residency” section.

 

Mga Hakbang At Timeline

The procedure to get a DT visa for Vietnam depends on where you apply for it, in Vietnam or a foreign country.

 

GETTING DT VISA IN VIETNAM

If you are already in Vietnam and wish to obtain a DT visa, you should follow this procedure:

Step 1: Prepare required documents 

Step 2: Submit the documents to the immigration Department office of Vietnam – you or your agent will need to submit the prepared documents to the office of the Vietnam Immigration Department in Hanoi, Ho Chi Minh City or Da Nang, or the Immigration Management sections of the police offices of the provinces/city where your company is based.

Step 3: Receive the Vietnam Investor DT visa – after around 5 working days from submission of full documents, you will receive your Investor visa for Vietnam stamped on your passport.

 

GETTING DT VISA FOR VIETNAM FROM A FOREIGN COUNTRY

If you are in your home country and wish to get a DT visa for Vietnam, then you need to follow the steps:

Step 1: Prepare documents for the Vietnam DT visa approval letter 

Step 2: Submit documents for the Vietnam DT visa approval letter – in this step, your agent in Vietnam will submit the required documents prepared in step 1 to the office of the Vietnam Immigration Department in Hanoi, Ho Chi Minh City, or Da Nang. After 5 working days, the agent will get a visa approval letter which serves as the basis for the foreign investor to get a DT visa stamp. The agent will then send the scan of the visa approval letter to the investor’s email.

Step 3: Get a Vietnam DT Visa stamp – the foreign investor will firstly need to prepare the following documents for getting a visa stamp for Vietnam entry:

• Original valid passport as prescribed by the law
• Printout of the Vietnam visa approval letter
• 2 4 x6 cm photos in white background
• Vietnamese visa application form

And then, depending on the location to pick up the DT visa stamp declared on Form NA2, the investor shall present him/herself at the Vietnam Embassy/Consulate General or Vietnam arrival airport for a visa stamp.

 

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  …. at higit sa lahat: Mag-alok sa iyo ng mga legal na diskarte upang magbigay ng karagdagang mga layer ng privacy para sa iyong pagkakakilanlan, habang kinukuha ang iyong residency o citizenship!

Privacy World can also help you with incorporating your company in Vietnam, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

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