How to obtain a Vietnam Investor Visa?

Vietnam is widely recognized as an attractive destination for investors and businesses due to its stable political system, strong economic growth, favorable business policies, and strategic location. This article aims to provide a comprehensive overview of the Vietnam Investor Visa, a foreign investor visa, including its different types and the process of obtaining it.

What is the Vietnam Investor Visa?

The Vietnam Investor Visa, also known as the DT Visa, is divided into four different types: DT1, DT2, DT3, and DT4. Depending on the type of visa obtained, individuals can stay in Vietnam for up to ten years. The visa allows for multiple entries and exits from the country within this period. Additionally, visa holders can reside in Vietnam for 12 months and have the option to sponsor their spouse or children to obtain a Vietnam TT visa with a DT1, DT2, or DT3 visa.

The purpose of the DT visa is to attract foreign investors to Vietnam. It is granted to individuals who invest in Vietnamese enterprises, engage in business activities within the country or represent foreign investors.

What are the 4 different types of Investor Visas in Vietnam?

The Vietnam Investor Visa in Vietnam is categorized under four types, each visa allows investors to stay in the country from one to ten years. The following are the different visas:

1. DT1: Foreigners can obtain this visa by making a capital investment of at least ₫ 100 billion ($4.1 million) or investing in incentivized investment areas designated by the Vietnamese government. The validity period of this visa is five years.
2. DT2: Investors contributing a capital investment between ₫ 50 billion ($2.05 million) and ₫ 100 billion ($4.1 million) or investing in specific business fields determined by the Vietnamese government are eligible for this visa type. It remains valid for five years.
3. DT3: This visa is granted to foreign investors who make a capital contribution ranging from ₫ 3 billion ($123,000) to ₫ 50 billion ($2.05 million). Its validity extends up to three years.
4. DT4: Foreign investors who invest a capital contribution below ₫ 3 billion ($123,000) are eligible for this visa type, which remains valid for up to 12 months.

How to apply for an Investor Visa within Vietnam?

Here are four steps to apply for a Vietnam Investor Visa within Vietnam:

Step 1: Gather required documentation

The following documents are required to apply for the visa:

• Copy of passport,
• Form NA5: Visa application form for foreigners, 
• Form NA16: A registration form for the seal and signature of the legal representative of the enterprise operating in Vietnam,
• Temporary residence registration form,
• Passport size photo, 
• Proof of legal status,
• Certified copy of Business Registration Certificate or Investment Registration certificate,
• Certificate of seal specimen registration or a notice on the publication of information on seal specimen of the sponsor company on the national enterprise registration portal,
• Lawyer license (if applicable).

Step 2: Submit documents to Vietnam Immigration Departments

Submit the completed application and supporting documents to one of the Vietnam Immigration Departments located in Hanoi, Da Nang, or Ho Chi Minh City.

Step 3: Pay the fees

Pay the visa application fee, which varies based on the type of visa, this depends on the duration of your stay and the number of entries, expect to pay between ₫ 610,625 ($25.04) and ₫ 3.79 million ($155).

Step 4: Receive visa

Typically, it takes five working days to process and approve the visa. Once approved, your visa will be stamped in your passport.

How to apply for a Vietnam Investor Visa from abroad?

Investors can also apply for a Vietnam Investor Visa from abroad through a Vietnamese embassy or consulate. Here are five steps to apply for a Vietnam Investor Visa outside Vietnam:

Step 1: Gather required documentation

The following documents are required to apply for the visa:

• Copy of passport,
• Form NA2: To request pre-approval from the Vietnam Immigration Department for foreigners entering Vietnam,
• Form NA16: A registration form for the seal and signature of the legal representative of the enterprise operating in Vietnam,
• Temporary residence registration form,
• Passport size photo, 
• Certified copy of Business Registration Certificate or Investment Registration Certificate,
• Certificate of seal specimen registration or a notice on the publication of information on seal specimen of the sponsor company on the national enterprise registration portal. 

Step 2: Company representative submits documents to Immigration Department

A representative from the company must submit all the documents to one of the Vietnam Immigration Departments in either Hanoi, Da Nang, or Ho Chi Minh City.

Step 3: Approval from Immigration Department 

After five working days, the visa should be approved. The company’s representative can then email the visa approval letter to the foreign investor.

Step 4: Apply for the DT visa through a Vietnam embassy or on arrival 

There are two ways to apply for a DT visa. The investor can visit a Vietnamese embassy or consulate, where it generally takes five to seven working days to process and receive the visa. Alternatively, upon arrival in Vietnam, investors can obtain the visa stamp at the airport.

The following documents are required for this process:

• Passport
• Printout of the Vietnam visa approval letter
• 2 passport sized photos (4x6cm) 
• Vietnamese visa application form

Step 5: Receive visa

If applying through an embassy, investors must collect their passport with the visa stamp from the embassy. If applying on arrival in Vietnam, investors will receive the visa stamp at that time.

Obtain a Vietnam Investor Visa with Own Property Abroad

Do you want to invest in Vietnam? Or are you opting to buy a house in Vietnam? Own Property Abroad can assist you and ensure a seamless and hassle-free journey. Thanks to our extensive knowledge and local experience in the Vietnamese real estate market, we can help with obtaining a Vietnam Investor Visa, legal requirements, finding suitable properties, negotiating the best deals, and conducting due diligence.

With our expert team, you won’t have to navigate the complexities of buying property in Vietnam alone. For further information on how we can assist you, kindly drop your details below or email us at [email protected]. Let’s start working on your property success story today!

Frequently Asked Questions (FAQs)