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The investment visa is valid for 10 years under the Immigration Law 2020

Last Updated: 5/4/2020

What is an investment visa (DT)?

- Investment visa (visa) is a type of visa that is invested by many businesses, foreign investors - individuals, organizations with foreign nationality into the Vietnamese market with the main purpose of establishing foreign companies, buying shares and shares of enterprises in the territory of Vietnam.

The Investment visa 2020 changes under the new Immigration Law:

Under the Immigration Law for Foreigners 2020, investment visas are divided into four categories based on the value of capital contributed to the company in Vietnam as follows:

+ DT1 - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a capital contribution of VND 100 billion or more or invested in investment-incentive business lines and areas which is decided by the Government.

+ DT2 - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a contributed capital of from VND 50 billion - under VND 100 billion or invested in encouraged and developed lines investment which is decided by the Government.

+ DT3 - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with the contributed capital of VND 3 billion - under VND 50 billion.

+ DT4 - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with contributed capital of less than 03 billion VND;

The term of investment visa is 10 years?

The Immigration Law 2020 also provides for different investment visa periods for each type, specifically:

+ Visa with DT1 and DT2 visa is valid for no more than 05 years;

+ Visa with DT3 symbol, valid for no more than 03 years;

+ DT4 visa is valid for no more than 01 year.

Investment temporary residence cards are valid for up to 10 years, depending on the level of capital contribution.

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Above we provide the change, additional information about investment visas for foreigners. If you have any questions about investment visa, please contact us immediately for advice and answers.

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