Vietnam
DT3 Investment visa
VIETNAM DT3 INVESTMENT VISA
Vietnam known as a fascinating country with a rich history, beautiful landscapes, delicious cuisine, and a bright future. Furthermore, Vietnam is a rapidly developing country with a growing economy and a vibrant culture. The country has made significant progress in improving living standards for its people.
The investment can be made in an existing Vietnamese company or in a brand-new company set up by the main applicant. Under this stream, the applicant will not need a work permit as he/she will enjoy work permit exemption. Spouse and children under 18 are included in the application. The residence card issued to the investor and his family will be issued for up to 3 years renewable as long as the business activity remains stable and operational.
ADVANTAGES
- Work permit exemption valid up to 2 years subject to satisfaction of eligibility conditions;
- Visa valid up to 3 years, renewable subject to conditions;
- Possibility to apply for Temporary Residence Card;
- Right to live, work, study in Vietnam;
- No education and language requirement, no age limits;
- No specific requirements on source of funds and path of funds.
- Dependents included:
- Spouse;
- Children under 18;
- Right to live, work, study in Vietnam;
- No education and language requirement.
REQUIREMENTS
- Conduct a viable project in Vietnam;
- Make a minimum investment of VND 3 billion through a capital contribution to a company established in Vietnam.
INVESTMENT PROJECT
- Completing investment project registration and company incorporation in the city where the applicant plans to settle;
- Contributing capital or acquiring shares in an existing Vietnamese entity with a minimum amount of VND 3 billion.
WHY WE SHOULD CHOOSE VIETNAM DT3 VISA ?
- Exemption from work permits for up to 2 years;
- Renewable Temporary Residence Card with a validity of 1 to 3 years;
- Right to live, work, and study in Vietnam;
- No requirements for education, language proficiency, or age limits;
- Affordable cost of living and a welcoming living environment.
PROCESS (4 – 6 months)
2
Prepare necessary corporate and investment documents;
3
Apply for a work permit exemption (if applicable);
4Apply for an entry approval letter and a DT3 visa;
5Apply for Vietnamese temporary residence card (optional).
FAQ
What is the Vietnam investment visa program – DT3?
Vietnam DT3 Foreign Investor Visa program (“DT3 Program”) is a program offered to foreign investor who plans to implement an investment project in Vietnam.
Is it required for setting up of a company in Vietnam?
The foreign investor can either set up a new legal entity or acquire the existing company in Vietnam.
Is it possible to apply for a temporary residence card?
Yes, it is possible to apply for a temporary residence card with the work permit.
Are there any restrictions on the nationalities applying for this program?
Foreign investors having nationality of the country being member of the World Trade Organization (WTO) are eligible to apply for this program.
Is it required to have a work permit to run the invested company?
No, the foreign investor may benefit from a work permit for up to 2 years, renewable subject to conditions.
What is the validity of the DT3 visa?
Up to 3 years, renewable subject to conditions.
Does the government need to recognize the project?
Yes, the foreign investor must obtain all required licenses/certificate before implementing the project and/or running the invested company.
What are the procedures and required documents?
Please contact HLG if you wish to receive a comprehensive list of the required documents to apply to the DT3 program.
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