Contents
The symbol of investment visa for foreigners in Vietnam is prescribed as follows:
- DD – Granted to foreign investors in Vietnam and foreign lawyers practicing in Vietnam.
- DD1 – Granted to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributed value of VND 100 billion or more or invested in investment incentive industries and occupations, areas of investment incentives decided by the Government.
- DT2 – Granted to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions from VND 50 billion to less than VND 100 billion or investment in industries and professions that encourage development investment decided by the Government.
- DT3 – Granted to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions from VND 03 billion to less than VND 50 billion.
- DT4 – Granted to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions of less than VND 03 billion.
Conditions for being issued a card
- The most important condition is that foreigners must be investors with a capital contribution of 3 billion or more.
- Foreigners are investors when: Buy a company’s shares in Vietnam, contribute capital to a company in Vietnam, open a company in Vietnam on their own
Duration of temporary residence card:no longer than 05 years
The process of applying for a temporary investment residence card
1. Prepare the application:
– Legal documents of the guarantee company.
– Application form introducing the company’s signature form and seal
– Documents proving that they are investors
– Company guarantee application
– A foreigner’s application.
– Temporary residence declaration
2. Apply
Carry out visa extension procedures at one of the following two locations:
– Immigration Department of provinces, cities – Vietnam Immigration
Department
Headquartered in Hanoi
Address: 44-46 Tran Phu Street, Ba Dinh District, Hanoi
Representative Office in Ho Chi Minh City Address:
333-335-337 Nguyen Trai Street, Q1, HO CHI MINH CITY Ho Chi Minh
3. Processing records and Returning results
- The processing time is about 5-7 working days.
- State agencies shall pay the results after the foreigner fulfills their obligation to pay the prescribed fee.
If you have any questions regarding the procedure, call us or leave the information below for specific advice.
