Vietnam is one of the fastest-growing economies in Asia, and international investors have been increasing their exposure to the country. Vietnamese government also recently made a few adjustments to its immigration policies that would make it simpler for any international investor to secure investments in Vietnam and obtain a visa for entry into the country.

In this post, we will show you the top ways to get an investor visa in Vietnam, whether you’re inside or outside Vietnam.

• What is Vietnam investor visa?
• How to get an Investor Visa for Vietnam?

1. What is Vietnam investor Visa?

The Vietnam investment visa is a type of visa that allows people to enter and stay in Vietnam for the purpose of investing in or establishing a business.

According to the Law No. 47/2014/QH13 on foreigners’ entry into, exit from, transit through and residence in Vietnam an investment visa, also known as a DT Visa, is issued to foreign investors in Vietnam. These visa holders could be the owners, capital-contributing members or shareholders of foreign invested companies and representatives of foreign investors. The DT Visa permits the investors to transit through, enter, and exit the country for one to five years.

Investor visa in brief:

Types of investment visa:

And now, according to the new Immigration Law No. Law No. 51/2019/QH14 amending and supplementing a number of articles of the Law No. 47/2014/QH13, Vietnam Investor Law No. 51/2019/QH14 amending and supplementing a number of articles of the Law No. 47/2014/QH13 on entry, exit, transit and residence of foreigners in Vietnam Investor Visa is categorized into:

• DT1: Granted to foreign investors and representatives of foreign organizations contributing a capital of over 100 billion VND in Vietnam, or investing in prioritized industries or professions or geographical areas prescribed by the Government. Visa DT1 has a validity of 5 years.
• DT2: Granted to foreign investors and representatives of foreign organizations contributing a capital of 50 - under 100 billion VND, or investing in industries or professions encouraged for investment prescribed by the Government. Visa DT2 has a validity of 5 years.
• DT3: Granted to foreign investors and representatives of foreign organizations contributing capital of 3 - under 50 billion VND in Vietnam. Visa DT3 has a validity of 3 years.
• DT4: Granted to foreign investors and representatives of foreign organizations contributing capital of under 3 billion VND in Vietnam. Visa DT4 has a validity of 1 year (12 months).

>> Visa DT4 is the most popular type for foreign investors coming to Vietnam.

Conditions & required documents:

Foreigners must meet a few conditions to apply for an investor visa to Vietnam.

• Have a valid passport,
• Have a sponsor/guaranteed agency or organization in Vietnam,
• Have documents proving that you are an investor (Business license, investment license, certificate of capital contribution/share in the enterprise, or relevant documents in regard of Vietnam Law).

2. How to get an Investor Visa for Vietnam?

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

Prepare required documents:

Documents required by foreigners for investor visa application are:

• Visa application form (Form NA2 for foreigners not yet entering Vietnam or Form NA5 if foreigners have already entered and been residing in Vietnam),
• A valid original passport with at least 2 blank pages,
• 02 photos in 4x6cm size,
• Temporary residence registration form as prescribed (for foreigners who have already entered and been residing in Vietnam),
• Certified copies of documents proving the completion of the investment capital contribution to enterprises/companies in Vietnam according to Vietnam Law.

In addition, if foreigners’ guaranteed companies/enterprises have submitted legal documents to the Vietnam Immigration Department before, they do not have to prepare and submit them again. In case they are the guarantors for the first time, they must prepare the following documents:

• A certified copy of Business license/Investment license,
• A sample introduction of seal, signature of an authorized person of the company (Form NA16),
• A certificate of seal sample registration or the Notice of publishing the enterprise's seal sample on the national enterprise registration portal.

(*Form NA2, NA16 issued together with Circular No. 04/2015/TT-BCA)

List of Vietnam international airport: Hanoi Airport (HAN); Hai Phong Airport (HPH); Danang Airport (DAD); Hue Airport (HUI); Nha Trang Airport (CXR); Dalat Airport (DLI); Ho Chi Minh City Airport (SGN); Phu Quoc Airport (PQC).

Procedures:

• Step 1: Prepare required documents.
• Step 2: Guaranteed agencies/organizations submit all documents to one of Vietnam Immigration’s representative offices in Hanoi (44 Tran Phu)/ Ho Chi Minh City (333 Nguyen Trai)/ Danang (7 Tran Quy Cap) or Immigration Office of the province/city where the enterprise is located.

Applicants will get a receipt with an appointment and wait for the review process (5 working days)

• Step 3: Get the result.
  • For foreign investors outside Vietnam: Guaranteed companies get the pre-approval visa letter, then scan the entire document and send it to the foreign investor. Foreigners prepare a passport, a visa application form, and 02 photos as prescribed to get a visa stamp at the arrival port in Vietnam.
  • For foreign investors staying in Vietnam: Guaranteed companies get a visa from Immigration Department and foreigners can stay in Vietnam with an investor visa.

Processing time & fee:

The investor visa process takes around 03- 05 working days. The fee depends on the duration of your stay and the number of entries:

• Single entry: USD25
• Multiple entries:
  • Under 03 months: USD50
  • 06 months: USD95
  • 12 months: USD135
  • 02 years: USD145
  • 05 years: USD155

The fee above is the official fees which are applied to countries by the Government (according to Circular No. 25/2021/TT-BTC). Visa stamping fee in different countries depends on each nationality.

Besides the fee to stamp Vietnam visa, the applicants have to be concerned about the travel fee because not every country has a Vietnamese Embassy/Consulate General.

In case foreigners need to enter the country for urgent reasons, they should choose to apply for a direct entry approval letter and choose to have their visas stamped at the airport. They will then pay the visa cost directly at the airport upon receiving visas. However, this case is unlikely to always be approved if the sponsoring company/enterprise and the applicant cannot give a reasonable explanation for the case.

Legal basis:

• Law on Enterprise No. 59/2020/QH14
• Law on investment, No. 61/2020/QH14
• Law on entry, exit, transit, and residence of foreigners 2014, amended and supplemented in 2019.
• Circular No. 31/2015/TT-BCAS on guidelines for issuance of visas, temporary residence cards, entry/exit permits, and granting permanent residence status for foreigners in Vietnam.

3. Why should you choose Sky Vietnam Visa to complete the Investor visa procedure?

Above is information about the procedures for applying for an investment visa for foreign investors in Vietnam. However, in fact, we understand the difficulties in applying for an investment visa with many complicated administrative procedures and papers if you don’t understand the procedures clearly. In that, you have to pay additional fees: a travel fee for the online application, and a courier fee to receive the application by post. You will also NOT be able to get an Approval Entry Letter because of the lack of important documents. That invisibly makes you DELAY for visa application.

For a high rate of Vietnam Investor visa, don’t forget to choose Sky Vietnam Visa  ‘s service! With our experience in this field, we will help you to get a visa as soon as possible.

When using Vietnam Investor visa of Sky Vietnam Visa:

• You don’t have to waste time preparing the documents or applying for the Approval Entry Letter. Or spending time to submit the document at the Embassy/ Consulate General.
• All you need to do is to stay at home, or at your agency, provide information, and register all the necessary papers. Other things will be handled by us.
• After 3-5 days, you will have the visa as required or if it is in all the emergency cases, you will get this visa in 1-2 hours.

Besides, Sky Vietnam Visa has Visa stamping service at the airport which is very convenient for those having a busy schedule. You only have to provide the related papers, and we will help you to complete other complicated procedures.

Besides the service of applying for a Vietnam visa, don't forget that Sky Vietnam Visa also has services such as making foreign visas, work permits, entry documents, temporary residence cards, visa exemptions, etc. Coming to Sky Vietnam Visa, you will be dedicated consultants who will help you choose the best and most economical solution.

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