INVESTMENT VISA SERVICES IN VIETNAM

Professional, dedicated, responsible, reasonable price

Address: No. 9 Phan Ke Binh, Tan Dinh Ward, Ho Chi Minh City, Vietnam

Tel: 0942.050.407 - Email: ngocthu@thuyngoclaw.com

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1. WHAT IS INVESTMENT VISA SERVICE?

Investment visa application service is an activity to support foreign investors in completing visa application procedures to enter, exit, and legally reside in Vietnam. In Vietnam, this service is often performed by specialized law firms and translation companies.

Investment visa is a type of visa issued to foreign investors who establish or contribute capital to businesses and companies in Vietnam.

Vietnam investment visa is a type of permit that allows foreigners to enter and reside in Vietnam for investment purposes. The subjects granted this visa are usually investors, businessmen and individuals who intend to engage in business activities in Vietnam.

2. SYMBOLS OF TYPES OF INVESTMENT VISAS AND TERM OF EACH TYPE OF INVESTMENT VISA IN VIETNAM

According to Vietnamese law, based on the value of capital contribution, investment visas are divided into 4 types:

a) Investment visa: DT1

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions of VND 100 billion or more or investing in investment incentive industries, trades, or investment incentive areas decided by the Government.

The duration of DT1 Visa is not more than 05 years.

Temporary residence card issued. Temporary residence card validity: Maximum 10 years

b) Investment visa: DT2

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions worth from 50 billion VND to less than 100 billion VND or investing in industries and professions encouraged for investment and development as decided by the Government.

The duration of DT2 Visa is not more than 05 years.

Temporary residence card issued. Temporary residence card validity: Maximum 05 years

c) Investment visa: DT3

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contributions worth from 3 billion VND to less than 50 billion VND.

The term of DT3 Visa is not more than 03 years.

Temporary residence card issued. Temporary residence card validity: Maximum 03 years

d) Investment visa: DT4

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with capital contribution value of less than 3 billion VND.

The duration of DT4 Visa is not more than 12 months.

DT4 visa is not granted temporary residence card

3. CONDITIONS FOR FOREIGNERS TO BE GRANTED AN INVESTMENT VISA (DT) IN VIETNAM

To be granted an investment visa in Vietnam, foreigners must meet the following conditions:

- Passport must be valid for at least 13 months from the date of registration.

- Have documents proving investor in Vietnam.

Such documents may be:

- Certificate of business registration/investment certificate;

- Certificate of capital contribution/shares in the enterprise;

- Other relevant documents proving that the foreigner is an investor according to the provisions of Vietnamese law on enterprises and investment.

So how do foreigners become investors in Vietnam?

Currently, foreigners can choose 1 of the following 5 investment forms:

- Investment in the form of establishing an economic organization (establishing a new enterprise in Vietnam to implement the project)

- Investment in the form of capital contribution, share purchase, capital contribution purchase (Foreign investors carry out procedures for capital contribution, share purchase, capital contribution purchase of enterprises established in Vietnam)

- Implement investment projects.

- Investment in the form of BCC contract (Business cooperation contract between foreign investors and Vietnamese investors)

- Investment in the form of public-private partnership (Also known as PPP Project Contract - is a business cooperation contract between a foreign investor and a competent State agency in Vietnam).

4. SERVICE FEE FOR APPLYING FOR INVESTMENT VISA IN VIETNAM OF THUY NGOC LAW

Investment Visa service fee at Luat Thuy Ngoc starts from 11,000,000 VND.

Implementation time: From 07-12 working days.

The above service fees are for reference only, please contact Thuy Ngoc Law for a detailed quote.

5. INVESTMENT VISA APPLICATION SERVICE OF THUY NGOC LAW

When providing investment visa application services for foreign investors in Vietnam, Thuy Ngoc Law will perform the following tasks:

- Initial legal advice: Guidance on choosing the appropriate visa type;

- Drafting and reviewing documents: Application form, Visa application, Business Registration Certificate, Investment Certificate;

- Consular legalization and translation: Translation and notarization of parent company documents and passports;

- Prepare invitation letter/visa guarantee: Vietnamese enterprise stands as the sponsor;

- Submit application and follow up: At the Immigration Department or Vietnamese Consulate/Embassy;

- Receive visa results and handover: Deliver visa to customer or send electronic results.

- Consulting on procedures for applying for a temporary residence card (TRC): If the customer wants to reside long term.

6. PROCEDURE FOR APPLYING FOR INVESTMENT VISA IN VIETNAM

Step 1: Establish a company in Vietnam (if not already established)

Foreign investors must establish a foreign-invested company in Vietnam or contribute capital, purchase shares, or purchase capital contributions in enterprises in Vietnam.

Company establishment profile includes:

- Valid personal documents of the investor (passport, power of attorney, etc.);

- Enterprise Registration Certificate (ERC);

- Investment Registration Certificate (IRC) (if any);

You can refer to the service of establishing a company with foreign investment capital here:

Establishment of foreign invested company in Vietnam (details)

Step 2. Request entry approval document for investors

Enterprises with foreign investors' capital contributions apply for entry approval documents for foreign investors.

Receiving agency: Immigration Department or Immigration Office of province/city.

The profile includes:

- Application for entry approval signed and sealed by the sponsoring enterprise;

- Copy of investor's passport (valid for at least 6 months);

- Enterprise Registration Certificate (ERC) of the company in Vietnam;

- Investment Registration Certificate (IRC) (if any);

- Documents proving that the investor has contributed capital;

- Entry schedule (expected time, place to receive visa, reason for entry).

Step 3: Submit application for investment visa in Vietnam

After being granted entry approval by the competent authority of Vietnam, the investor shall prepare:

- Entry letter (original);

- Original passport;

- 4x6 cm photo (white background, recently taken);

- Visa application form;

- Visa fees as prescribed.

Investors submit application for investment visa at Vietnamese diplomatic agency according to regulations.

Step 4: Receive Vietnam investment visa results

After submitting the application and receiving the appointment letter, the sponsoring company will come to get the results according to the prescribed time.

Step 5. Apply for temporary residence card (if required)

After being granted an investment visa. If the investor wants to stay long-term, he/she should apply for a Temporary Residence Card (TRC) with a duration corresponding to the DT1, DT2, DT3 visa.

The investor's profile includes:

- Original passport;

- Valid investment visa;

- Enterprise Registration Certificate (ERC) of the company in Vietnam;

- Investment Registration Certificate (IRC) (if any);

- Temporary residence registration certificate confirmed by the police of the ward/commune where you reside;

- 2x3 cm photos (2 pieces);

- Temporary residence card fee according to application period.

Important Note:

- Investors should fully fulfill their capital contribution obligations as committed to be eligible for a long-term visa or temporary residence card.

- Can authorize a law firm or service unit to carry out the procedure.

7. APPLICATION FOR INVESTMENT VISA IN VIETNAM

a) To apply for an investment visa, you need to prepare the following documents:

- Original passport with valid term as prescribed;

- Certificate of Enterprise Registration (ERC) of the company in Vietnam (notarized copy);

- Investment Registration Certificate (IRC) (if any);

- Image;

- Documents proving that the investor has contributed capital;

- Temporary residence registration as prescribed.

b) Where to submit application for Investment Visa

- Vietnam Immigration Department;

- Immigration Department of the provincial or city police where the sponsoring company has its headquarters.

c) Implementation time

- Normally, investment visa will be issued within 5 - 7 working days from the date of receipt of complete application, excluding holidays.

- In addition, depending on each nationality, the date of approval will be fast or slow.

8.WHY SHOULD YOU USE VISA APPLICATION SERVICES THROUGH A LAW FIRM?

a) Ensure compliance with legal regulations

The law firm has a team of specialized lawyers and legal experts.

Understand the Vietnamese legal system on:

- Law on Entry, Exit and Residence of Foreigners;

- Investment Law, Enterprise Law, related decrees and circulars.

- Ensure visa application documents are prepared legally, validly and completely.

b) Accurate and specialized advice for each case

The law firm not only does paperwork but also:

- Assessment of investment capacity and entry purpose;

- Consulting on the most suitable visa type (DT1, DT2, DT3, DT4);

- Propose suitable options for long-term residence plans or switching to temporary residence cards.

c) Handling complex and high-risk cases

For applications that are missing, unclear or have a history of visa refusals, the law firm:

- Prepare legal explanation documents;

- Consulting on proving investment capacity and legal purpose;

- Work with authorities according to prescribed procedures.

d) Legal responsibility, commitment to transparency

Law firms operate under the supervision of the Department of Justice.

- Have a clear service contract, full financial invoice, and take legal responsibility for the consulting content.

- Helps customers feel more secure compared to brokerage services without legal status.

e) In-depth support for related procedures

In addition to visas, the law firm also supports:

- Establishing companies for foreign investors;

- Apply for Investment Certificate, Business Registration Certificate;

- Tax declaration and accounting services for businesses;

- Apply for long-term temporary residence card, temporary residence card for wife/husband/children;

- Long-term legal advice for FDI enterprises.

Thus, using visa application services through a law firm not only helps you prepare accurate and legal documents, but also ensures legality, avoids risks and receives comprehensive support for your investment plan - long-term residence in Vietnam.

9. YOU CHOOSE THUY NGOC LAW FIRM'S SERVICES?

a) In-depth legal expertise, ensuring compliance with the law

- The team of lawyers at Thuy Ngoc has many years of experience in the fields of investment and immigration.

- Understand the Vietnamese legal system, ensure visa application is prepared in accordance with regulations, avoiding legal risks.

b) Dedicated consulting, solutions suitable for each case

- Each profile is consulted and processed separately, suitable for the needs of each investor.

- Support from visa application, temporary residence card, company establishment, long-term legal advice.

c) Fast, transparent and clear processing

- Clear working process, with full contract, quotation and invoice.

- Commit to progress and results, always update the status of the application for customers.

d) Full service, saving time and costs

Services include:

- Legal advice;

- Prepare documents, translate, notarize;

- Consular legalization;

- Submit and receive visa results.

Customers do not have to travel a lot or handle complicated procedures themselves.

e) Commitment to long-term legal support

- Not just applying for a one-time visa, Thuy Ngoc Law aims to accompany foreign investors for a long time.

- Support consulting on corporate legal issues, tax, accounting, contracts, labor, disputes...

10. ANSWER SOME QUESTIONS RELATED TO INVESTMENT VISA APPLICATION SERVICES IN VIETNAM

Question 1: How many types of investment visas are there in Vietnam?

Reply:

Depending on the investor's investment capital, according to Vietnamese law there are 4 main types of investment visas: DT1, DT2, DT3, and DT4.

Question 2: How long is the investment visa valid for?

Reply:

According to Vietnamese law, the duration of investment visa is as follows:

- Visas with symbols DT1 and DT2 are valid for up to 5 years.

- DT3 visa is issued with a maximum duration of 3 years.

- DT4 visa is valid for no more than 1 year.

Question 3: What are the conditions for applying for an investment visa?

Reply:

Investors must have a valid passport, documents proving that they are investors in Vietnam and meet the conditions on investment capital as prescribed by Vietnamese law.

Question 4: What are the documents proving investors in Vietnam?

Reply:

- Enterprise Registration Certificate (ERC) of the company in Vietnam

- Investment Registration Certificate (IRC) (if any);

- Documents proving that the investor has contributed sufficient capital;

You can refer to the service of establishing a company with foreign investment capital here:

Establishment of foreign invested company in Vietnam (details)

Question 5: What type of investment visa can an investor with a capital contribution of less than 3 billion VND apply for?

Reply:

Investors with capital contribution under 3 billion VND (DT4 Visa) have only one option to apply for a visa with a maximum duration of no more than 12 months.

Vietnamese law does not allow investors of this type to apply for any other type of visa besides this one.

Question 6: Which investment visa can apply for a temporary residence card in Vietnam?

Reply:

Visa with symbols DT1; DT2; DT3 can apply for temporary residence card in Vietnam

Question 7: Can foreign investors entering Vietnam with a Visa with the symbol DT4 apply for a temporary residence card in Vietnam?

Reply:

Are not.

Foreign investors entering the country with a Visa with the symbol DT4 will not be granted a temporary residence card.

Question 8: Are DT1, DT2, and DT3 investment visas granted temporary residence cards?

Reply:

Okay.

Investors under this category, in addition to being granted a long-term visa, have the right to choose to apply for a temporary residence card with a term of 1 to 10 years depending on each case.

Question 9: Can a tourist visa be used to work in Vietnam?

Reply:

Are not.

Foreigners with tourist visas are not allowed to work in Vietnam. Using a tourist visa for other purposes is a violation of Vietnam's immigration policies.

Question 10: Which foreign investors do not have to apply for a work permit in Vietnam?

According to Vietnamese law, the following subjects do not have to apply for a work permit in Vietnam:

1. Being an owner or contributing member of a limited liability company with a capital contribution value of 3 billion VND or more.

2. Be the Chairman of the Board of Directors or a member of the Board of Directors of a joint stock company with a capital contribution value of 3 billion VND or more.

Although you do not need to apply for a work permit, you still have to apply for confirmation of work permit exemption from the competent authority of Vietnam.

Question 11: Do foreign investors who are owners or capital contributors of a limited liability company with a capital contribution value of less than 3 billion VND need to apply for a work permit in Vietnam?

Have.

According to Vietnamese law, a work permit is required.

Question 12: Can I convert a tourist visa, work visa... to an investment visa?

Reply:

Okay.

Foreigners using tourist visas, work visas, family visit visas... can switch to investment visas if they meet the regulations on investors according to the Law on Enterprises and the Law on Investment such as completing business registration procedures, completing capital contribution to enterprises...

Question 13: Can the investment visa be extended?

Reply:

Okay.

Foreigners in Vietnam on investment visas can extend their visas.

Question 14: Do I need a sponsor to apply for an investment visa?

Reply:

Have.

Foreigners need to be sponsored by an organization or individual in Vietnam.

Question 15: Where to apply for an investment visa?

Reply:

Investment Visa applications can be submitted at the Vietnamese Embassy/Consulate or at the Immigration Department if in Vietnam.

Question 16: How much is the investment visa fee?