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What is an investment visa? What are the differences between an investment visa and an investment temporary residence card?
An investment visa is a visa granted to foreign investors who establish or invest in Vietnam. The investment visa is marked by DT.
An investment visa is one of the most interesting visas for many foreign enterprises and investors when they choose the Vietnam market as a development site.
1 / who can apply for an investor visa?
Foreign investors refer to individuals or organizations with foreign nationality investment capital in the Vietnam market. The main purpose is to set up a company in Vietnam and purchase shares and enterprise shares.
To prove that an individual or organization is accepting investment, it should be based on the following aspects:
- Investment certificate
- Business registration certificate and documents proving the investment status.
Under Vietnamese law, foreign investors are not required to apply for a work permit.
2 / documents required:
Depending on the type of visa, you will prepare the appropriate documents. To apply for an investment visa, you need the following important documents:
- The business license/investment license of the business registration agency shall be notarized.
- The registration certificate of the enterprise seal is also called the notice of issuing the sample information of the enterprise seal.
- Form NA16 :seal, registration, and signature of the legal representative of an organization operating in Vietnam.
- Form NA5: Application Form for the visa, visa extension, and temporary residence extension for foreigners in Vietnam.
- The original passport is still valid as required
- Temporary residence registration (if in Vietnam)
3 / where to apply for an investment visa?
To apply for an investment visa, you first need to apply for a visa. After receiving the visa approval, foreigners can go to one of the following places to apply for a visa:
Vietnamese embassy or consulate
Vietnam’s International Airport ( Noi Bai airport, Da Nang airport, Tan Son Nhat airport…)
Noted: you need to apply a visa approval letter if you want to receive a visa at Vietnam airports.
4 / processing time
Normally, the investment visa will be issued within 5-7 days of the date of receipt of complete documents (excluding Saturdays and Sundays). In addition, the date of approval will depend on nationality.
5 / investment visa application fee
- The following are the basic fees for a Vietnamese visa:
- Single entry for 1 month and 3 months: USD $25
- Multiple entries for 1 month and 3 months: USD $50
- Multiple entries for 6 months: USD $95
- Multiple entries in one year: USD $135
The above fee is the stamp fee for a visa in Vietnam, which is also the official fee for all countries to apply for a Vietnamese visa.
However, before entering the visa process, you need to have a visa approval letter, which requires different fees depending on nationality.
Another thing that you should pay special attention to is that since not all countries have Vietnamese embassies / Consulates, in addition to Vietnamese visa fees, applicants must also consider travel costs when applying directly.
If you choose to apply for direct visa approval and get the visa stamped visa at Vietnam airport, you must pay the service fee for visa approval. Then, when you arrive at Vietnam airport, you will pay the visa stamp fee.
6 / how long is the Vietnam investment visa valid?
DT visa is valid for up to one year. If investors want to stay for a long time, they can apply for a temporary residence card for up to 3-5 years.
7 / what is the difference between an investment visa and a temporary residence card?
The longest validity period of an investment visa is one year. (it can be handled abroad)
An investment temporary residence card is valid for 2, 3, or 5 years. (only when you come to Vietnam)
8 / why choose to use our service?
If you are not aware of the procedure, then applying for a Vietnam investment visa can be a complex process. Therefore, in addition to the mandatory payment, you have to pay other expenses, such as travel expenses, express delivery of documents received by mail. If any documents are missing, the processing time will be delayed. Usually, this will cause you to be delayed in applying for a visa from the beginning.
With 12 years of experience in visa application services for foreigners, labor contracts,… We will help you to get a visa as soon as possible.
For foreign investors who want to apply for an investment visa or temporary residence card, please contact us: info@vietnam-visa.hk