1. What is an entry visa card?

Vietnam entry visa (also known as entry visa) is a document issued by the competent authority of Vietnam, allowing foreigners to enter Vietnam for the purpose of tourism, investment, visiting relatives…

Work visa

 This visa is for foreigners coming to Vietnam to work. Specific requirements and deadlines may vary from case to case, but typically include:

• Labor contract: A labor contract with a company, organization or enterprise in Vietnam is required.
• Invitation from the employer: The unit in Vietnam that has signed the labor contract needs to provide an invitation confirming that it will work there.
• Approval from authorities: Units in Vietnam need to obtain approval from the Ministry of Labor, War Invalids and Social Affairs or other authorities before being granted a work visa.

Investor Visa

This visa is for foreign investors in projects in Vietnam. To apply for an investor visa, it is necessary:

• Having an investment project: Being a person who invests in or is related to an investment project in Vietnam.
• Have an investment license: The investment project needs to be granted an investment license from the Vietnamese authorities.
• Have an investment certificate or investment certificate from a competent authority.
• Apply for an investment visa: Through the Embassy or Consulate of Vietnam or competent representative units.

Specific processes and requirements may vary by case and nationality. The application for a work or investment visa is usually done through the Embassy or Consulate of Vietnam in your country or through a competent representative in Vietnam.

According to the new provisions of Law 51/2019/QH14 effective from 01/07/2020, among which there are 6 most popular types of visas: DL, DN1 – DN2, LĐ1 – LĐ2, DT1, DT2, EV,…

• DT1 – DT4 is granted to foreigners to invest in Vietnam with a maximum validity of 5 years
• LĐ1 – LĐ2 is granted to foreigners to work in Vietnam with a maximum validity of 2 years

2. Conditions for issuance of entry visa for foreigners entering Vietnam

To be granted an entry visa to Vietnam, foreigners need to meet the following 4 conditions:

• Have a passport or document valid for international travel as prescribed;
• Not in cases not yet allowed to enter under the Immigration Law 2014;
• There must be agencies, organizations and individuals in Vietnam to guarantee (except for subjects in the case of visa application NG1, NG2, NG3, NG4);
• Documents proving the foreigner’s purpose of entry (as the case may be), such as:
• Work permit in accordance with the Labor Law if applying for a work visa;
• Documents proving the investment in accordance with the Law on Investment if applying for an investment visa;
• License to practice in accordance with the Law on Lawyers if applying for a visa to practice law;
• Written receipt from the school/educational institution in Vietnam if applying for a student visa…

  

3. Visa application for foreigners

Depending on the purpose of foreigners applying for a visa to Vietnam, the application for a visa will be regulated differently. However, basically the application will include the following documents:

• Vietnam visa application form – form NA1;
• Letter of entry for foreigners;
• Passport (valid for at least 6 months) or document valid for international travel;
• Documents proving the entry purpose of foreigners as prescribed (documents proving investment, work permit…).

4. Visa application procedures for foreigners

• Visa type:Determine the appropriate visa type. Foreigners investing in Vietnam can apply for a visitor visa, a visa to sign a labor contract, or an investment visa depending on the purpose and form of investment.
• Visa application: Prepare visa application documents at the request of Vietnam Immigration Authority. Typical documents include passports valid for at least 6 months, visa applications, 4×6 photos, and other relevant documents depending on the type of visa
• Visa application: Send visa application documents and required documents to the Embassy or Consulate of Vietnam in the country where the person is living. Visa processing time may vary depending on the visa type and the Embassy or Consulate work
• Signing a labor contract:In case a foreigner invests in an enterprise in Vietnam, a labor contract must be signed with a company in Vietnam. This contract usually has to be confirmed by the labor authority in Vietnam.
• Investment registration:In case of investment in Vietnam, foreigners need to carry out investment registration procedures in Vietnam in accordance with the provisions of law
• Confirmation of temporary residence registration:After obtaining a visa, foreigners need to confirm their temporary residence registration at the district-level police office where they are living.
• Apply for a work permit:In case of needing to work in Vietnam, foreigners need to apply for a work permit.
• Pay taxes and insurance: Ensure compliance with tax and social insurance regulations depending on the type of investment and labor.

5. Visa application period for foreigners entering Vietnam

• SQ, EV visas are valid for no more than 30 days.
• Visas marked HN, DL are valid for no more than 03 months.
• VR symbol visa is valid for no more than 06 months.
• Visas marked NG1, NG2, NG3, NG4, LV1, LV2, DT4, DN1, DN2, NN1, NN2, NN3, DH, PV1, PV2 and TT are valid for no more than 12 months.
• Visas marked LĐ1 and LĐ2 are valid for not more than 02 years.
• Visa symbol DT3 is valid for no more than 03 years
• Visas marked LS, DT1, DT2 are valid for no more than 05 years.
• Expired visas, considered for new visas.
• The duration of the visa is shorter than the validity of a passport or document valid for international travel of at least 30 days.
• Unless otherwise provided for in treaties to which Vietnam is a contracting party, the visa duration shall be granted according to international treaties.

6. Visa extension application

For Vietnam investor visa extension, an application for investor visa extension should contain

• Certified copy of Business License/Investment License.
• Certificate of registration of seal sample or Notice of posting information on seal sample of enterprise on the national portal on business registration; and Form NA16: Registration of seal sample and signature of the legal representative of the enterprise or organization operating in Vietnam. There is no need to submit these 2 items if the business has submitted once at the Immigration Department.
• Application form NA5 Declaration of application for visa, visa, visa extension, temporary residence extension for foreigners in Vietnam
• Original passport valid as prescribed
• Registration form for temporary residence as prescribed.

A dossier for Vietnam work visa extension includes

• The original passport of the foreigner is valid
• Declaration of application for visa, extension of temporary residence according to form NA5.
• Work permit or work permit exemption certificate.
• Certificate of temporary residence from the local police where the foreigner temporarily resides in Vietnam.
• Employee referral letter to submit the application.

7. Visa services for foreigners at KALF

• Visa consultancy:Provide detailed information about the type of visa suitable for the purpose of entering and working in Vietnam. This includes business visas, work visas, investor visas, and many others.
• Application Guidance:Guide and assist foreigners in preparing visa applications. This may include gathering documents, filling out visa applications, and any required paperwork.
• Visa Representation: KALF Law Firm can represent foreigners when applying for a visa at Vietnamese authorities, including the Consulate or Immigration Department.
• Application support:Assistance in proving finances, obtaining health certificates, and other related procedures necessary to apply for a visa.
• Visa extension:Assistance in visa extension if the client wants to continue working or stay in Vietnam after the current visa expires.
• KALF Law Firm can provide assistance with immigration procedures and clients’ rights in Vietnam after they have received their visa.
• Legal advice:Provide legal advice related to visas and immigration procedures for foreigners.

Visa services provided by KALF help clients understand the regulations and procedures for entering and working in Vietnam, and ensure that they are in full compliance with legal regulations. We are committed to absolute information confidentiality and always answer customers’ questions.

 

8. Frequently Asked Questions

What are the expected settlement cases after investing in Vietnam?

When foreign investors plan to settle in Vietnam after investing, they usually consider some relevant cases and regulations. Here are some expected settlement cases after investing in Vietnam:

• Immigrant through Investor Visa Program: Some countries, including Vietnam, offer investor visa programs for investors with a sufficiently large investment. Through this program, investors can settle in Vietnam for a long time and even have the opportunity to settle down permanently.
• Business expansion plan: A common way to settle down after investment is to expand the foreign company’s business activities in Vietnam. If the business develops successfully and makes a positive contribution to Vietnam’s economy and society, investors can consider stabilizing here.
• Immigration through marriage or family: If the investor is married or has family members in Vietnam, they can consider immigrating through the provisions on marriage or family registration.
• Set up their own business in Vietnam: Investors can consider setting up their own business in Vietnam after seeing the business potential here. This may involve applying for a business or investment visa.
• Getting married and having children in Vietnam: Some investors decide to get married and have children in Vietnam, and this can facilitate settling here.
• Study and training: Some investors decide to study and train in Vietnam, and upon completion of their studies, they may consider a tentative settlement.

What are the fees and costs associated with an investor visa?

Fees and costs associated with investor visas may vary depending on the country and type of investor visa. Here are some common fees and costs that investors should consider:

• Investor visa application fee: This is the fee you have to pay to apply for an investor visa in the target country. The value of this fee varies depending on the type of visa and country.
• Cost of financial proof: Many countries require the investor to prove that they have sufficient financial ability to make the investment as required by the visa type. This includes providing proof of financial resources, assets or loans (if applicable).
• Visa extension application fee: If the investor visa is fixed, you may have to pay a fee to extend your stay in the target country.
• Service fee of a lawyer or consulting firm: Investors often turn to a lawyer or professional consulting firm to help them apply for an investment visa. The cost will depend on the type of service and the consulting facility.
• Tentative Immigration Application Fee: If you are considering the expected settlement after your investment, you may have to pay a fee for the expected immigration process.
• Security and background check fees: Some countries require background and security checks before issuing an investor visa. Investors may have to pay this check fee.
• Medical examination fees: Sometimes, requesting a medical examination is part of the investment visa application process. The cost of this health check also depends on the target country’s regulations.

What is the process and procedures for visa entry for foreigners entering Vietnam?

There are 2 ways to apply for an entry visa for foreigners entering Vietnam:

• Option 1: Apply for an entry visa for foreigners by applying directly at the Immigration Department;
• Option 2: Register for an online visa for foreigners (e-visa).

What are the requirements for foreign investment capital in Vietnam?

• Type of investment: Vietnam classifies foreign investment into three main categories, namely: new investment, acquisition of shares or charter capital of enterprises in Vietnam, and investment in the form of business cooperation.
• Industry: Capital investment requirements may vary based on industry. There are industries that require larger or smaller initial investment depending on the country’s policy.
• Geographical regions: Vietnam has policies to encourage investment in special economic areas or priority development areas. Investment capital requirements may vary for each region.
• Market conditions and special requirements: There are industries or types of investments that have minimum capital requirements and specific conditions for implementation. This may involve shareholder structure, foreign share ratio, and other requirements.
• Vietnam Investment Law and Related Regulations: Vietnam’s Investment Law provides detailed guidelines on investment capital requirements in Vietnam.
• Specific contracts and agreements: Specific requirements for investment capital may be stipulated in special contracts and agreements between foreign investors and the Vietnamese government or business partners.

As foreign investment capital requirements in Vietnam may vary, you should consult the authorities and consider the advice of a legal expert or KALF law firm specializing in foreign investment law to understand and comply with applicable laws.

During the research process, if you have any questions, please contact us through the following information:

K & ASSOCIATES LAW FIRM

Address : 4th Floor, No. 05 Nguyen Thi Nhung, Van Phuc Urban Area, Thu Duc City, HCMC.

Email : info@k-associates.vn

Phone : (+84) 338747705 (Zalo, facebook, viber, Instagram)

Hotline : (+84) 937298177