The Vietnam Investor Visa (also known as the DT visa) permits the holder to transit through and remain inside the nation for a period of 12 months. Foreign investors and foreign lawyers who want to live in Vietnam are granted this visa.
DT1 Visa
Representatives of foreign organisations investing in Vietnam and international investors with a capital investment of at least VND100 billion are eligible for DT1.
DT2 Visa
Foreign investors are eligible for this visa if they invest between VND50 billion and VND100 billion in total over the course of five years.
DT3 Visa
A foreign investor who has invested between VND3 billion and VND50 billion is eligible to receive this visa, which is suitable for five years.
DT4 Visa
Foreign investors and representatives of foreign organisations engaging in Vietnam are given DT4 status if their capital investment is less than VND3 billion.
The following eligibility requirements must be met in order to be granted an investment visa in Vietnam:
The following papers must be submitted in order to apply for an investment visa in Vietnam:
Preparing the necessary paperwork, submitting the application to the Vietnamese consulate in the foreign investor's country, waiting for processing, and obtaining the visa if the application is approved are the typical steps in the application process for an investor visa in Vietnam.
Visa Processing Time
The processing time for the investor visa in Vietnam typically takes 5-7 business days. It's important to note that the foreign investor must be physically present at the Vietnam Embassy or Consulate General on the scheduled date to collect their passport containing the issued DT visa.
How to Apply
The application process for an Investor visa in Vietnam can be completed in the following steps;
Duration
A minimum of a year and a maximum of 5 years are allowed for the validity of the Vietnamese Investor Visa or DT visa. But there's excellent news for you! With a DT visa, you are eligible to apply for a temporary residence card, which entitles you to up to 5 years of residence without the need for a work permit.
Fees
The cost of an investment visa in Vietnam varies according to the particular visa type being requested as well as the intended duration of stay. A single-entry pass typically costs between 100 USD and 200 USD, while multiple-entry visas cost between 250 USD and 500 USD.
Can I renew my investor's visa several times in Vietnam?
As long as the foreign investor satisfies the qualifying requirements and has a legitimate reason for the extension, it is feasible to renew an investment visa in Vietnam several times.
Can I use my investor visa to work in Vietnam?
Under specific conditions, foreign investors may be allowed to work in Vietnam. For detailed information on the prerequisites and restrictions for working in Vietnam on an investor visa, it is advised to check with the Vietnamese immigration authorities.