As Vietnam’s economy is looking to rebound after bringing the pandemic under control, there have been several updates in official precautionary measures regarding investor visas. Moreover, the government is giving priority to investors that plan to invest with high capital. However, there is no minimum capital requirement in place for an investor to enter and invest in Vietnam.
Apply now for an investor visa with Cekindo’s immigration services
The rules regarding investor visas have been completely updated, and all quarantine rules have been eliminated.
In this article, we’ll go over the various aspects of the investor visa and what it means for foreign investors looking to enter Vietnam at this time.
Types of Visas Issues & Minimum Investment Amount
There are four types of investor visas, each with its own restrictions, read the following and guide yourself as to which investor guide you need.
DT 1 Visa
Awarded to foreign investors in Vietnam, participants in Vietnamese companies from international organizations, or those investing in commercial zones where the Vietnamese government promotes investment.
Validity: Maximum of 5 years
Minimum Investment Amount: 100 Billion VND
DT 2 Visa
This visa is for those starting projects in government-determined investment incentives that are available to international investors in Vietnam as well as representatives of foreign organizations working with Vietnamese companies.
Validity: Maximum of 5 years
Minimum Investment Amount: 50 – 100 Billion VND
DT 3 Visa
This investment visa is issued to representatives of foreign businesses and international organizations with investments in Vietnam.
Validity: Maximum of 3 Years
Minimum Investment Amount: Between 3 & 50 Billion VND
DT 4 Visa
Issued to representatives of foreign businesses and international organizations with investments in Vietnam. For small and medium-sized businesses wishing to launch with the lowest minimal expenditure possible, this is the perfect solution.
Validity: Maximum of 12 months
Minimum Investment Amount: 3 Billion VND
Entities Foreign Investors are Allowed to Incorporate
Foreign investors can establish companies in the business sector which Vietnam has committed to allowing foreign investors to establish their commercial presence in Vietnam. The four types of Entities foreigners are allowed to establish, both 100% foreign-owned or with a local partner are as follows:
LLC (Limited Liability Company)
Best for small & medium-sized companies
JSC (Joint Stock Company)
Best for larger companies looking to get listed on the stock exchange
Branch Office
For existing companies who simply wish to copy their existing structure in Vietnam
Representative Office
Purely for market research purposes. This entity does not allow you to conduct commercial activities, however, it does allow you to hire and pay employees
Market Sectors for Foreign Direct Investments
Foreign investors have the same market access as domestic investors, with no restrictions as the origin country of the investor, except for the business lines listed on the Negative List for Market Access (Prohibited for Market Access & Restricted for Market Access) or in the Prohibit Business Activities lists hereof.
A high-priority sector for foreign investment is the technology sector, including IT. If you invest in this sector you are eligible for tax holidays & incentives.
Restrictions For Individual Investors and Group Investors
Restrictions shall depend on the business lines/sector the investor plans to invest in. Following are some of the restrictions for foreign investors:
- Corporate investors will be limited to 35% of accounting/auditing services, while individual investors can go up to 49%.
- Only a foreign credit institution or a corporate investor can start a financial institution in Vietnam.
- Non-life insurance firms can only open branches in the country if they are owned by foreign insurance companies.
Validity of Investor Visa
If the investment value exceeds VND 3 billion, the investor is granted the investor visa with a maximum of 3 years of validity.
Under the same circumstance, the investor is qualified to apply for a TRC (Temporary Residence Card) with a maximum of 3 years of validity.
How Can Cekindo Help?
For foreign investors investing in Vietnam for lucrative returns, they must be aware of its hectic and document-intensive procedure. Cekindo, with its comprehensive visa services, can help you make a hassle-free investment with the country’s finest visa experts for investment visa acquisition.
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