Vietnam Investor visa cost

Vietnam Investor Visa Cost: What You need to Know About the Monetary Aspect

Vietnam Investor visa cost

Vietnam will be one of Southeast Asia’s fastest-growing economies in 2022 with a GDP growth rate of 8.02%. Numerous foreign investors are searching for reliable investment opportunities in Vietnam, but they must first secure a Vietnam investor visa to do so.

In this update, we’ll explain how to get a Vietnamese investor visa to support your investment.

What is a Vietnam Investor Visa?

The Vietnam investor visa (DT visa) is a type of visa given to international lawyers who are authorized to practice in Vietnam as well as foreign investors who invest money in Vietnamese businesses or industries.

Comparison of Vietnam investor visa and business visa

A Vietnam investor visa is a type of visa specifically designed for individuals interested in investing in Vietnam. This type of visa typically requires a significant investment in a Vietnamese business or real estate property, and is often valid for a longer period than a typical business visa.

On the other hand, a Vietnam business visa is a type of visa intended for individuals conducting business activities in Vietnam, such as attending meetings, signing contracts, or participating in trade shows. This type of visa typically has a shorter validity period than an investor visa, and may not require as significant of an investment.

Both types of visas require a valid passport, application form, and proof of financial means. And they can apply both for at the Vietnam embassy in the applicant’s home country. Vietnam Investor visa cost for business also varies from that of investment.

In summary, an investor visa is for those who want to invest in Vietnam and stay for a longer period, a business visa is for those who conduct business activities in Vietnam and stay for shorter period.

Getting a Vietnam investor visa outside Vietnam

A Vietnam investor visa can be obtained outside of Vietnam through the Vietnamese embassy or consulate in the applicant’s home country. The process generally includes submitting a visa application form, a valid passport, and the required documents, such as proof of investment and financial means.

The specific requirements and application process may vary depending on the Vietnamese embassy or consulate where you apply and the type of investment you plan to make. However, generally speaking, the following documents are often required for a Vietnam investor visa application:

  • A completed visa application form
  • A valid passport with at least 6 months of remaining validity
  • A passport-sized photo
  • A letter of introduction from the investor, detailing the purpose of the visit and the type of investment to be made
  • Proof of investment, such as a letter from the Vietnamese company in which the investment will be made, or a real estate purchase contract
  • Proof of financial means, such as bank statements or pay stubs
  • A copy of the business registration or investment registration certificate of the Vietnamese company in which the investment will be made

The processing time for a Vietnam investor visa can vary, and applying well before the intended travel date is advisable.

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Getting a Vietnam investor visa in Vietnam

To get a Vietnam investor visa inside Vietnam, an individual will need to follow these steps:

  1. Obtain a letter of invitation from a Vietnamese enterprise or organization that has been operating for at least three years and in which the individual has invested for at least three consecutive years.
  2. Submit the letter of invitation along with the following documents to the Vietnam Immigration Department or the nearest Vietnamese embassy or consulate:
  • A valid passport
  • A completed visa application form
  • Recent passport-sized photos
  • Proof of investment in the Vietnamese enterprise or organization (such as a certificate of investment or a business registration certificate)
  1. Pay the visa fee.
  2. Wait for the visa to be processed. The processing time may vary depending on the specific circumstances of the individual’s application.
  3. Once the visa is approved, the individual can pick up their visa at the Vietnam Immigration Department, the nearest Vietnamese embassy, or the consulate.

It’s important to note that the steps and requirements may vary depending on the individual’s specific circumstances and their country of origin. It’s advisable to check with the local Vietnam embassy for the most up-to-date information.

Vietnam Investor visa cost

The cost of a Vietnam investor visa can vary depending on several factors, such as the individual’s country of origin and the type of visa they are applying for. Some additional Vietnam Investor visa cost may be incurred during the process of getting an investor visa include:

  • Visa application fee
  • Photocopying and other administrative costs
  • Legalization and translation costs if required.

It’s important to note that different investor visas are available in Vietnam. Some of them are:

  • 1-year multiple entry visa
  • 3-year multiple entry visa
  • 5-year multiple entry visa

Vietnam Investor visa costs for different visas in Vietnam

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No. Entry Type Cost
1 Single-entry visas US$25
2 Multiple-entry visas
Valid for 3 months US$50
Valid for 3 to 6 months US$95
Valid for 6 to 12 months US$135
Valid for 12 months to 2 years US$145
Valid for 2 to 5 years US$155
Visas issued to individuals under 14 years of age (regardless of length) US$25
3 The act of transferring a visa between passports. For instance, if a passport is no longer valid or has no more pages. US$5
4 Written visa exemption US$10
5 Temporary residence cards
Valid for 2 years or less US$145
Valid for 2 to 5 years US$155
Valid for 5 to 10 years US$165
6 Extension of temporary residence US$10
7 New issuance/re-issuance of temporary residence cards US$100
8 Issuing permits for entry into the border and restricted areas, allowing citizens of Laos to cross the border using laissez-passers to enter Vietnamese provinces. US$10
9 Visas for passengers in transit traveling by airway and/or seaway to visit and tour (according to Article 25 and Article 26 of the Law on Immigration, Transit and Residence of foreigners in Vietnam dated June 16, 2014). US$5
10 To travel inland to visit or tour under programs run by international tourism enterprises in Vietnam, foreigners visiting, touring by sea, or transiting by sea are required to have visas based on lists of authorized personnel of immigration management bodies.

Members of foreign military watercraft traveling under official operations of visits that extend beyond provinces and centrally affiliated cities where the watercraft anchors are also required to have visas.

US$5
11 Immigration permits for foreigners residing in Vietnam permanently without passports. VND 200,000
12 Permission to go to other provinces for those who entered border economic zones using border laissez-passers US$10

Conclusion

The Vietnam Investor visa cost of each type of visa may vary, and it’s best to check with the local Vietnam embassy for the most up-to-date information on visa fees.

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