ĐT1 Visa – Vietnam Investment Visa for Foreigners
The ĐT1 Visa is granted to foreign investors contributing capital valued at 100 billion VND or more, with a maximum visa validity period of up to 5 years. Additionally, foreign investors entering Vietnam with the ĐT1 visa will be eligible for a corresponding residence permit, valid for up to 10 years.
Summary of Content:
- What is ĐT1 Visa? Requirements for Applying for Vietnam Visa with ĐT1 Symbol.
- Procedures for ĐT1 Investment Visa Application for Foreigners in Vietnam.
- How much does the ĐT1 Vietnam Visa cost?
- Full-service ĐT1 Visa Assistance Provider – Reliable.
What is ĐT1 Visa? Requirements for Applying for Vietnam Visa with ĐT1 Symbol:
As you might be aware, in Immigration Law No. 47/2014/QH13, visas issued to foreign investors in Vietnam are denoted as “DT.” However, according to the provisions of Law No. 51/2019/QH14, amendments and supplements have introduced four symbols for Vietnam investment visas: ĐT1, DT2, DT3, and DT4.
ĐT1 Visa (Vietnam Visa symbol ĐT1) is one of the 21 types of Vietnam visas, issued to:
- Foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a capital contribution of 100 billion VND or more; or
- Investments in preferential investment sectors or investment incentive areas decided by the Government.
Foreign investors must meet the following conditions before applying for the Vietnam investment visa, symbol ĐT1:
- Possess a valid passport or international travel document.
- Have an invitation and guarantee from a Vietnamese organization or entity.
- Not fall under the cases of non-entry as per regulations.
- Have documents proving the investment in Vietnam as per the Investment Law, including:
- Investment Certificate
- Business registration certificate and relevant documents confirming the investor’s status issued by competent state authorities in Vietnam.
Procedures for ĐT1 Investment Visa Application for Foreigners in Vietnam:
The application process for the ĐT1 visa varies based on the foreign investor’s residence at the time of application submission. Specifically:
- Scenario 1 – Foreign investor residing abroad: The sponsoring entity processes the entry approval document for the foreigner. Subsequently, the foreign investor completes the ĐT1 visa application process at the Vietnamese Embassy/Consulate or the registered Vietnam border checkpoint.
- Scenario 2 – Foreign investor residing in Vietnam: The inviting organization will facilitate the visa conversion process or handle the new/renewal visa application for the investor. Alternatively, the organization can apply for a corresponding residence permit (symbol ĐT1) with a validity of up to 10 years.
The procedure for Scenario 1 is carried out in 3 steps as follows:
Step 1: The inviting company prepares the entry approval document application for the foreigner, including necessary documents such as:
- Copy of Business License/Investment License of the inviting company.
- Registration of the company’s seal and the signature of the legal representative operating in Vietnam – Form NA16.
- Visa approval letter for the foreigner’s entry to Vietnam – Form NA2.
- Copy of the foreigner’s passport with remaining validity.
- Other required documents (depending on the specific case).
Step 2: The representative of the inviting company submits the application to the Immigration Department in Hanoi/Ho Chi Minh City.
Step 3: The foreigner completes the ĐT1 Visa application process in Vietnam. Approximately 5-7 days after submitting the documents, the Vietnamese Immigration Department will provide a response, issuing the entry approval document to the foreigner. The inviting organization should inform the foreigner and send a scanned copy of the document.
The foreign investor needs to prepare the following documents for the ĐT1 Visa sticker and entry to Vietnam:
- Original passport with remaining validity and at least 2 blank pages.
- Vietnam Visa application form (Form NA1) with attached photo.
- Printed copy of the entry approval document for Vietnam.
The visa sticker application is processed at the registered location:
- Vietnamese Embassy/Consulate where registered; or
- Vietnam border checkpoint where registered.
The processing time for the foreign investor’s ĐT1 investment visa application is approximately 3-5 working days from the date of submitting all required documents and information.
Cost of ĐT1 Vietnam Visa:
The visa issuance fee for the ĐT1 Visa depends on the visa validity period and the number of entries. According to the latest regulations, the fees are as follows:
- ĐT1 Visa with a validity of 1 month, 3 months (single-entry): Visa sticker fee is $25 USD per visa.
- ĐT1 Visa with a validity of 3 months (multiple-entry): Visa sticker fee is $50 USD per visa.
- ĐT1 Visa with a validity of 3-6 months (multiple-entry): Visa sticker fee is $95 USD per visa.
- ĐT1 Visa with a validity of 6 months to 1 year (multiple-entry): Visa sticker fee is $135 USD per visa.
- ĐT1 Visa with a validity of 1 year to 2 years (multiple-entry): Visa sticker fee is $145 USD per visa.
- ĐT1 Visa with a validity of 2 years to 5 years (multiple-entry): Visa sticker fee is $155 USD per visa.