investor visa for vietnam

Vietnam is a popular destination for tourists seeking an investment visa. This is a simple procedure for obtaining a long-term visa to Vietnam. And, if you want to start a business in Vietnam, this is an excellent option to obtain a visa. This post will go through the Vietnam investment visa in depth.

What exactly is an investor visa?

An investor visa allows you to live and work in another country. If you invest a particular amount of money in that nation, you may be able to obtain an investor visa. 

This can be done by setting up a business, investing in property, or making financial contributions to the local economy.

An investor visa is helpful for both business and investment ventures. A good business plan is required with investment capital in place to cover the start up. A typical duration could be 5 years, but this varies with each country. An investor visa is an option for those who are not quite ready to relocate permanently but do want to reside and work in another country. It allows the applicant to take up temporary residence and work without the need for a separate work permit..

How can I obtain a Vietnam investment visa?

Vietnam’s government is offering a new Investor Visa program for foreigners who want to move to Vietnam permanently. 

The Investor Visa program opened in May 2015 and is targeted at high-net-worth foreigners who have the desire to move to Vietnam. The program offers a one-time permanent resident visa to eligible foreign investors. The one-time permanent resident visa is valid for 10 years, with the possibility of renewal for another 10 years. The Investor Visa program is available to investors from 40 different countries.

An investor visa is a form of visa that permits a person to live in a nation while also investing money there. The investor must make an investment in the country, which can be done by purchasing real estate or shares of the company. The investor must also have sufficient funds to support him or herself and any family members who are going with them.

The good news is that you may now apply for an investment visa online from your native country. It just takes 3-4 days to process your visa application.

READ MORE: TRANSIT VISA TO VIETNAM

What is the Investor Visa Program?

Vietnam has launched the Investor Visa Program to attract international investment and boost economic growth. The program offers eligible applicants a renewable one-year visa, which can be extended for up to three years.

The Investor Visa Program is open to investors from all over the world and offers investors the opportunity to live and work in Vietnam, as well as travel freely throughout ASEAN.

Vietnam's investor visa program requires that applicants have invested at least 350,000 in a Vietnamese company or real estate project within three years of obtaining their visas. The investor must also have at least 50,000 USD in personal funds available for use in Vietnam.

In addition to meeting these financial requirements, applicants must also meet one of the following criteria: They are married to a Vietnamese national or have children who are Vietnamese nationals; they hold a position as a top executive or board member of a large company operating in Vietnam, or they hold an academic degree from an accredited university in Vietnam or another approved country by the Ministry of Education and Training (MOET).

What are the conditions for a Vietnam investor visa?

The investment visa for Vietnam is an amazing opportunity for entrepreneurs who wish to start or develop their current enterprises in Vietnam. It also allows investors who already have businesses in other countries to expand their operations in Vietnam by investing more capital into them.

Foreign people who want to invest in Vietnam can apply for investor visas. You must have at least USD 1 million in capital and invest it in a Vietnamese company or government bonds. For example, if you want to open a business, you need to invest at least USD 300,000 into your company or its subsidiaries. If you want to invest money in bonds, then there is no minimum amount required but the investment must be in Vietnamese dong (VND) only.

Here are the following documents that will be required when you apply for an investor visa, such as;

• A valid passport with at least 6 months remaining validity
• A filled-out visa application form.
• Two passport-sized images.
• A copy of your passport's biographical page and all other pages containing visas and stamps from countries other than Vietnam. 
• A divorce certificate (if applicable).
• A death certificate (if applicable).
• A birth certificate (if applicable).
• A marriage certificate (if applicable).

READ MORE: VISA FREE COUNTRIES TO TRAVEL TO VIETNAM

Conclusion

The Vietnam Government has continuously tried to encourage and promote the country’s economy, and one of the ways that this is being done is by inviting foreign investors to set up businesses in Vietnam. 

However, the Vietnam Government offers a wide range of incentives to foreign investors and this has led to a boost in the number of applications for investor visas for Vietnam from investors from around the world.

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