Visas issued to foreign investors in Vietnam are divided into many types depending on the amount of capital contribution

08:30, 16/12/2019

The National Assembly of Vietnam issued Law on amendments to a number of Articles of Law on entry, exit, transit and residence of foreigners in Vietnam.

According to the Law on amendments to a number of Articles of Law on entry, exit, transit and residence of foreigners in Vietnam, visas issued to foreign investors in Vietnam are divided into many types with different durations depending on the amount of capital contribution as follows:

- DT1 (not exceeding 05 years) - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam and contributing capital of VND 100 billion or more or investing in business lines benefitting from investment incentives, in administrative divisions benefitting from investment incentives decided by the Government.

- DT2 (not exceeding 05 years) - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam and contributing capital of VND 50 billion to less than VND 100 billion or investing in business lines benefitting from investment incentives treatment decided by the Government.

- DT3 (not exceeding 03 years) - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam and contributing capital of VND 3 billion to less than VND 50 billion.

- DT4 (not exceeding 12 months) - Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam and contributing capital of less than VND 3 billion.

View more: The Law on amendments to a number of Articles of Law on entry, exit, transit and residence of foreigners in Vietnam takes effect from July 01, 2020.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

26 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn