Vietnam has expanded business opportunities and attract many foreigners to invest here due to favorable conditions and diverse markets. As a foreign investor, you might be concerned about visa matter named as Vietnam Investment Visa (DT) – an authorization for those who invest or contribute capital to Vietnam companies in Vietnam. This visa is valid up to one year with a single or multiple entries based on your business plan. During this given period of time, you can invest, cooperate and develop an enterprise right in Vietnam, which will bring to you many benefits and much revenue. It is rather convenient to apply Investment Visa via various ways comprised of Vietnam Embassies or Consulate overseas nearby your living place or workplace, E-visa – limited the entry and given time (only available for 46 countries) or Visa on arrival – for any kinds of visa, so please consider the good point and the drawback of each service and then choose the service suitable for you. If you would like to know more about the steps to apply and mandatory documents, let‘s take a tour with us in the following post below.
WHICH STEPS TO APPLY INVESTOR VISA IN VIETNAM
Step 1: Obtaining an Investment approval letter from Vietnam Immigration Department
For the purposes of investment, business, or work, the applicants are required a Visa Approval Letter from the Ministry of Public Security in advance obtained by a company in Vietnam. The Visa Approval Letter is the legal document approved by the Vietnam Immigration Department to allow foreigners enter into Vietnam and pick up visa at Vietnamese Embassies/ Consulates in your own or another country; or Vietnam’ international border crossings; or at all Vietnam’s international airports upon arrival: the international airports include Noi Bai International Airport (Hanoi); Tan Son Nhat International Airport (Ho Chi Minh City); Da Nang International Airport (Da Nang); Cam Ranh International Airport (Nha Trang); Phu Quoc International Airport (Kien Giang)
The required documents need to provide both the applicant and Vietnam’s sponsor company
*The visa duration is from 1 to 12 months with single or multiple entries
*Normal processing time: 7 working days
Step 2: Picking up the Vietnam Investment Visa
You are able to get your visa stamped at the embassy or the airport or border crossing, to do this you must submit the following documents:
WHERE TO PICK UP THE VIETNAM INVESTMENT VISA
There are three options to obtain Business Visa for those that require it
THREE WAYS OF OBTAINING A VISA FOR VIETNAM
Most people need a visa in order to enter Vietnam, unless they are coming from one of the visa-exempt countries. There are three ways of obtaining such a visa:
While there are advantages and disadvantages associated with each of these, we recommend the Visa on Arrival as the best option for the purposes of tourist, business and work considering a trip to Vietnam.
Option 1: Vietnam Visa on Arrival
Visa on Arrival is a viable option with various advantages. With Visa on Arrival, you can apply for longer-term and multiple-entry visas, and you do not need to go in person to the Embassy, or apply by post. You just need to submit an online application and get a pre-approval letter.
Option 2: Via Vietnamese Embassy or Consulate
You can apply for a visa through the local Vietnamese Embassy or Consulate either in person or by mail. To do this, you need to fill out and sign an application form, sending it along with your passport and a passport photo.
The advantage of applying this way is that you already have the visa stamped in your passport before leaving for Vietnam, which means you do not need to queue on arrival for your passport to get stamped.
The application process is not the most convenient, however, especially for people who do not live near a Vietnamese Embassy or Consulate. Moreover, the fees vary depending on the Embassy or Consulate, and the processing time is longer.
Option 3: E-Visa
Applying for an e-visa is our recommended option for tourists as it is most convenient and cost-effective. However, please note that this visa is only for visitors visiting for less than 30 days. Longer-term visitors will need to consider the other two options.
Please Note that the arrival port must be the same on the documents issued by Immigration Department. If you are to change the arrival port after receiving your E-visa, you should contact them to amend the information on the documents to avoid any issue on the ground.
As this kind of visa is very new, we suggest that visitors contact with Vietnamese Immigration Department via electronic system if having any queries or take a look at the E-visa Frequently Asked Questions.
OTHER INFORMATION RELATED TO VIETNAM'S WORK PERMIT, VISAS AND TEMPORARY RESIDENCE CARD
For further information please contact:
Discovery Indochina Travel Co., Ltd
5th Floor | Platinum Building | 145 Dien Bien Phu Street, District 1 | Ho Chi Minh City | Vietnam
Tel: 028 39102358 | 028 39102359 Mobile: 0938228856 | 0906640505
www.visa5s.com | www.ditravel.vn | Email: Visa@ditravel.vn