Vietnam Investor (DT) Visa And Required Documents
Vietnam is looked at as one of the highest-growing economies in the southeastern part of Asia. Investors from all over the world are magnetized toward the country and ready to invest in it in any way possible. For this, foreign investors need to get a Vietnam Investor Visa. The Vietnam Investor (DT) Visa is the type of visa that is granted to foreign investors and lawyers who operate in Vietnam. The visa is divided into four categories with different users and validity.
DT1
To be issued to:
-
- foreign investors in Vietnam and
- representatives of foreign organizations that contribute capital of VND 100 billion or more in Vietnam or invest in the incentives or business fields declared by the central government. Its validity doesn’t exceed five years.
DT2
To be issued to:
-
- foreign investors in Vietnam and
- representatives of foreign organizations that contribute capital between VND 50 billion and VND 100 billion or invest in the incentives or business fields declared by the central government. Its validity doesn’t exceed five years.
DT3
To be issued to:
-
- foreign investors in Vietnam and
- representatives of foreign organizations that contribute capital between VND 3 billion and VND 50 billion. Its validity doesn’t exceed three years.
DT4
To be issued to:
-
- foreign investors in Vietnam and
- representatives of foreign organizations that contribute capital of less than VND 3 billion. Its validity doesn’t exceed one year.
Procedure for Getting an Investor Visa for Vietnam
Applying for a visa in Vietnam
a. Prepare the documents
The following documents need to be prepared if the applicant is in Vietnam:
-
- Original passport which is valid enough to be accepted,
- Form NA5 that features the applications for visa, visa extension, and extension of stay for foreigners in the country,
- Form NA16 that features the Registration Form of the sponsor company,
- The Certified copies of Certificates of Business Registration and Investment Registration,
- The Certificate of seal specimen registration or notice regarding its publication,
- Company’s invitation letter,
- Registration form of temporary residence, and
- Lawyer license (if you’re a lawyer) and proof of legal status as per Vietnam’s law (if you’re a foreign investor).
b. Submit the documents and receive the visa
After getting all the documents in one place, submit them either on your own or by your agent to the Vietnam Embassy. You will receive the Vietnam Investor visa after five working days of submission of the documents.
Applying for a visa from a foreign country
a. Prepare the documents
The following documents need to be prepared if the applicant is from another country:
-
- The Certified copies of Certificates of Business Registration and Investment Registration,
- The Certificate of seal specimen registration or notice regarding its publication,
- Form NA2 with a barcode which is a request for approving foreigners’ entry into the country,
- Form NA16 that features the Registration Form of the sponsor company, and
- Passport-size photograph of the investor.
b. Submit the documents
Ask your agent in Vietnam to submit the aforementioned documents to the Vietnam Embassy. Your agent will receive a visa approval letter after five working days of submitting the documents. Your passport would get a DT visa stamp based on this letter which would be scanned and mailed to you.
c. Get the stamp
To get the Vietnam DT Visa stamp, prepare the following documents:
-
- Original valid passport,
- Hard copy of the Vietnam visa approval letter,
- two photos of size 4*6cm with white background, and
- Application form for visa.
You must visit the decided place to receive the stamp. That could be Embassy, airport, or Consulate-General. They generally take 5-7 working days to process everything. After the documents are verified, you are supposed to pay the fees for the visa and get the appointment letter for the final pick-up of your visa.
Have you read?
Real options: evaluating investment projects in situations of uncertainty.
How to set up an effective investment committee.
Eight Tips for Optimizing Costs in IT Companies.
Frontline Workers Gain Remote Work Benefits in Tight Labor Market.
The Power of Storytelling: Enhancing Leadership Communication.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz