Vietnam Investor Visa Cost: What you need to know about the monetary aspect

In this article, we would explain all you need to know about the Vietnam investor visa cost, what you need to know about the monetary aspect, and other key information to note.

Vietnam still stands its ground as a destination for investors looking to explore business opportunities in Southeast Asia. The country’s rapid economic growth, low labor costs, and favorable government policies make it an attractive investment option.

Also read: How to obtain Vietnam citizenship through investment

 As a result, many foreign investors are interested in obtaining a Vietnam investor visa to establish their businesses in the country. In this article, we will discuss the monetary aspect of the Vietnam investor visa and what you need to know about its cost. So endeavor to read each paragraph of this article meticulously.

Types of Investor Visas in Vietnam

There are two types of investor visas available in Vietnam, they include the DT and the DN visa. The DT visa is issued to individuals who invest in a Vietnamese business, while the DN visa is issued to individuals who invest in a foreign business that operates in Vietnam. However, bear in mind that both visas have different requirements and costs.

DT Visa Cost

The DT visa is issued to individuals who invest in a Vietnamese business. So to obtain a DT visa, the investor must have a minimum investment capital of VND 3 billion (approximately USD 130,000). 

The investment must be made in a business sector that is eligible for investment under Vietnamese law and the investor must also meet other requirements, such as having a clean criminal record and a valid passport.

The cost of the DT visa depends on the length of stay and the number of entries. Thus, below is the breakdown cost for the DT visa

• Single-entry visa with a validity of up to three months: USD 100
• Multiple-entry visa with a validity of up to six months: USD 120
• Multiple-entry visa with a validity of up to one year: USD 150
• Multiple-entry visa with a validity of up to two years: USD 200
• Multiple-entry visa with a validity of up to three years: USD 300

It is important to note that the investor must renew their DT visa before it expires. The renewal process is the same as the initial application process, and the fees are the same as well.

DN Visa Cost

The DN visa is issued to individuals who invest in a foreign business that operates in Vietnam. So to obtain a DN visa, the investor must have a minimum investment capital of USD 100,000.

Also, the investment must be made in a business sector that is eligible for investment under Vietnamese law and the investor must also meet other requirements, such as having a clean criminal record and a valid passport.

The cost of the DN visa depends on the length of stay and the number of entries. The following is a breakdown of the cost:

• Single-entry visa with a validity of up to three months: USD 25
• Multiple-entry visa with a validity of up to six months: USD 50
• Multiple-entry visa with a validity of up to one year: USD 95
• Multiple-entry visa with a validity of up to two years: USD 135
• Multiple-entry visa with a validity of up to three years: USD 155

The same thing applies to the DN visa. It is important to note that the investor must renew their DN visa before it expires. The renewal process is the same as the initial application process, and the fees are the same as well.

Other Costs Associated with the Investor Visa

In addition to the visa fees, there are other costs associated with obtaining an investor visa in Vietnam. These costs may include:

Legal fees: The investor may need to hire a lawyer to assist with the visa application process. The legal fees will depend on the complexity of the application and the lawyer’s fees.

Translation fees: The investor may need to translate their documents into Vietnamese and the cost of translation solely depends on the number of documents and the complexity of the document being translated.

Certification fees: The investor may need to have their documents certified by a notary public or the Vietnamese embassy. The cost of certification will depend on the number of documents and the certification process.

Key information to know

investor visa in Vietnam is a worthwhile investment for foreign entrepreneurs who are looking to establish or expand their business in the country. The visa application process can be complex, but with the right guidance and support, it can be a smooth process. It is essential to factor in the costs associated with the investor visa before embarking on the application process.

So it is essential to note that the Vietnamese government regularly updates its visa regulations. So therefore It is crucial to stay updated on any changes in the visa requirements and costs to ensure a smooth and successful application process.

In summary, having a better knowledge of Vietnam investor visa cost and what you need to know about the monetary aspect is knowledge worth gaining. So if you intend to apply for one you can proceed by following all details explained in this article as it would be of great help.

Frequently Asked Questions

How much money do you need for a Vietnamese investor visa?

The amount for a Vietnamese investor visa varies due to the investor visa type and entry. However, the price ranges from USD 100- USD 300

How do I get an investor visa for Vietnam?

You can get an investor visa for Vietnam by investing in Vietnam firms, and having a valid passport and a clean criminal record. You can read the above to get more information.

How do you qualify for a Vietnam investor visa?

To qualify for a Vietnam investor visa you need to have a valid passport, a clean criminal record, and you must have all the necessary documents that would be requested of you.

Conclusion

In conclusion, obtaining a Vietnam investor visa can be a profitable investment for foreign entrepreneurs looking to expand their business in the country. With proper planning and guidance, the visa application process can be smooth and straightforward. It is important to consider the monetary aspect of the visa before embarking on the application process to avoid any unexpected costs.

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