How to get a Vietnam investment visa as a foreigner?

Getting a Vietnam investment visa is a crucial process for foreign investors looking to establish and expand their business in Vietnam. This visa not only offers new business opportunities but also facilitates permanent residency.

In this article, Thao & Co. guides you through essential information about:

1. ● Types of investment visas
2. ● Requirements
3. ● Necessary documents
4. ● Application process

Here is an overview of the Vietnam investment visa to help you navigate the process efficiently and maximize your chances of approval.

What is a Vietnam investment visa?

The Vietnam investment visa is a type of visa granted to foreign investors or representatives of foreign organizations looking to establish businesses or invest in enterprises within Vietnam.

This visa not only grants holders the right to reside and conduct business in Vietnam but also stimulates economic growth and creates jobs for the local community.

Holding an investment visa allows you to actively engage in business, expand your market, and forge strategic international connections.

Types and validity period of investment visas

Vietnam offers various types of investment visas based on the capital contribution of foreign investors or representatives of organizations in Vietnam. Here is the visa classification and their corresponding investment thresholds:

1. ● Vietnam DT1 visa (valid for up to 5 years): Capital contribution of at least VND 100 billion.
2. ● Vietnam DT2 visa (valid for up to 5 years): Capital contribution between VND 50 and under VND 100 billion.
3. ● Vietnam DT3 visa (valid for up to 3 years): Capital contribution between VND 3 and under VND 50 billion.
4. ● Vietnam DT4 visa (valid for up to 1 year): Capital contribution of less than VND 3 billion.

Learn more: A Vietnam Work Visas for Foreigners

How much does a Vietnam investment visa cost?

The cost of getting a Vietnam investment visa varies depending on the type of visa. It commonly ranges from 25 to 135 USD with a maximum validity of one year, applicable for both single and multiple entries.

For long-term stays in Vietnam, you may be required to apply for a temporary residence card (TCR), which serves as an alternative to a visa.

⚠️ A comprehensive understanding of the visa application process will help you allocate an appropriate budget and avoid unexpected issues. Timely and proper payment of fees is also important to have your application processed faster.

Learn more: A Vietnam Business Visa

Requirements for obtaining an Vietnam investment visa

Foreign investors must meet the following requirements to get a Vietnam investment visa:

1. ☑️A valid passport complying with current regulations.
2. ☑️Sponsorship from a legal business or organization in Vietnam.
3. ☑️Supporting documents verifying investor status, including:
   • ●Business Registration Certificate or Investment Registration Certificate
   • ● Certificate of capital contribution completion
   • ● Other relevant documents.

There are 4 approaches for foreigners to invest in Vietnam:

1. 1. Becoming a shareholder in a Vietnamese company, giving foreign investors the right to participate in business management and operations.
2.  

1. 2. Contributing capital to a limited liability company (Ltd) to gain decision-making power and the ability to participate in management.
2.  

1. 3. Investing capital to establish a new company, enabling investors to shape its structure and strategy from the start.
2.  

1. 4. Establishing an independent company in Vietnam to ensure full ownership and control over its management and operations.

• Relevant article: Cost of Starting a Business in Vietnam

These requirements are the basis for verifying the identity and legitimacy of the foreign investors while ensuring compliance with all legal regulations for doing business in Vietnam.

Required documents for Vietnam investment visa application

As a foreigner, you must prepare the following documents to get a Vietnam investment visa:

From the sponsoring company:

1. ● Form NA16;
2. ● Form NA2 (Submitted online);
3. ● A notarized copy of the Enterprise Registration Certificate;
4. ● A notarized copy of the Investment Registration Certificate (If any);
5. ● A copy of the sponsored individual’s passport.

Learn more: Business Document Translation Services at Thao & Co.

From the investor or representative of the organization:

1. ● Original valid passport;
2. ● A visa approval letter (provided by the sponsoring company);
3. ● Two 4x6cm passport-sized photos in a white background (taken within the last 6 months);
4. ● Vietnam visa application form.

Vietnam investment visa application process for foreigners

Applying for a Vietnam investment visa can be complex and requires completing different steps. Here’s a step-by-step guide to help you ensure a smooth process:

Step 1: The sponsoring company prepares and submits the required documents to the Vietnam Immigration Department to request a visa approval letter for the foreign investors.

1. 📍 Hanoi Office: 44-46 Tran Phu Street, Ba Dinh District
2. 📍 Ho Chi Minh City Office: 333-335-337 Nguyen Trai Street, District 1

Step 2: After submitting your documents, it takes around 5 working days for the Immigration Department to issue the approval letter to the sponsoring company. The relevant Vietnamese embassy or consulate is then notified about the visa approval.

Step 3: The sponsoring company informs the investor and sends the approval letter. The investor must then gather all the required documents as listed above to proceed with visa stamping.

Step 4: The investor submits the dossier to the nearest Vietnam Embassy or Consulate to complete the visa stamping process or obtain the visa upon arrival at an international airport in Vietnam by providing all necessary paperwork.

Where to find a reliable investment visa translation service?

Precise translation of investment visa application documents is crucial for ensuring legal compliance and document authenticity.

With our team of seasoned linguists, Thao & Co. takes pride in delivering top-tier visa application translation services.

As a trusted translation company, we uphold the highest standards of confidentiality and security, ensuring your documents are handled with the utmost care. Here’s how we stand out:

1.  🔹 Comprehensive language support: Providing translations in over 50 languages, even rare ones.
2.  🔹 Proprietary platform: Secure storage and protection of client information for utmost confidentiality.
3.  🔹 Expert team of linguists: Delivering top-quality translations with extensive experience and expertise.
4.  🔹 Notarized translation: Guaranteed legal validity and compliance with authorities’ requirements.
5.  🔹 Pricing: Optimal and transparent quotes with no additional cost.

Contact Thao & Co. today for a seamless experience with precise and top-quality translations!

 Key takeaways

In conclusion, the Vietnam investment visa plays a vital role in facilitating business opportunities, enabling foreign investors to establish and expand their ventures with legal certainty. Having a clear grasp of the requirements, documentation, and procedures not only streamlines the process but also enhances your chances of success.

We hope the provided information equips you with the necessary preparation and contributes to a smooth and prosperous investment journey in Vietnam!