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ĐT2 Visa Application Procedures

Apart from DT1 Visa, ĐT2 investment visa is another type of visa granted to foreign investors/representatives of foreign organizations in Vietnam, with a capital contribution ranging from 50 billion VND to less than 100 billion VND OR investments in sectors designated by the Government. The conditions and required documents for obtaining Vietnam’s ĐT2 investment visa are as follows:

Conditions for Applying for Vietnam’s ĐT2 Investment Visa

According to Article 10 of Law No. 47/2014/QH13, the conditions for granting visas are as follows:

  1. The foreigner must have a passport or travel document valid for international travel.
  2. The foreigner must be invited and guaranteed by agencies, organizations, or individuals in Vietnam.
  3. The foreigner must not fall into the cases of entry denial as per regulations.
  4. Documents proving the investment in Vietnam according to the Investment Law: Investment Registration Certificate, Business Registration Certificate of the investing organization, etc.

Validity Period of ĐT2 Investment Visa

The ĐT2 Vietnam investment visa granted to foreign nationals will be valid for up to 5 years. With the ĐT2 visa, investors can apply for a temporary residence card with the same ĐT2 code and a validity period of up to 5 years.

Note: The visa validity period will be shorter than the validity period of the passport/travel document by at least 30 days.

In case the ĐT2 visa is about to expire and the foreign investor wishes to continue staying in Vietnam, the following methods can be used for legal residence:

  • Convert the visa category.
  • Apply for a visa extension in Vietnam.

Procedure for Applying for Vietnam’s ĐT2 Investment Visa for Foreign Investors

  1. The inviting organization, company, or enterprise submits a set of documents requesting the issuance of an Entry Guarantee Letter for the foreign investor at the Immigration Department where it is headquartered.
  2. Within 5-7 working days from the date of receiving a complete and valid application, the Immigration Department will review the request from the inviting and guaranteeing entity in Vietnam:
    • If approved: The Immigration Department will issue a Letter of Approval for the entry of the foreign investor. Simultaneously, it will notify the Vietnamese diplomatic mission abroad or the international border gate where the foreigner will receive the visa.
    • If rejected: The guaranteeing entity needs to find out the reasons and prepare the documents again according to the regulations.
  1. After receiving the Letter of Approval, the guaranteeing entity sends a scanned copy and notification to the foreign investor for visa issuance at the registered location.
  2. The foreign investor prepares the necessary documents and applies for the ĐT2 Visa. The processing time for Vietnam’s ĐT2 investment visa is approximately 3-5 working days from the date of receiving the notification and the foreigner’s complete documents.

Documents Required for the Inviting Entity to Apply for Entry Guarantee Letter:

  1. Completed Entry Guarantee Letter for the foreigner – Form NA2.
  2. Introduction letter, seal, and signature of the authorized person of the inviting organization – Form NA16.
  3. Documents proving the investment in Vietnam: Investment Registration Certificate, Business Registration Certificate of the inviting organization, etc.
  4. Copy of the foreigner’s passport.
  5. Other required documents (depending on specific cases).

Documents Required for Foreign Investors to Apply for ĐT2 Visa:

  1. Original passport with a minimum validity of 6 months and at least 2 blank pages.
  2. Visa application form for foreigners entering Vietnam – Form NA1.
  3. Copy of the Letter of Approval for entry.
  4. 02 passport-sized photos as per regulations.

ĐT2 Investment Visa Fees in Vietnam – Latest Regulations

The visa fees for Vietnam’s ĐT2 investment visa at international border gates are applied according to Circular No. 25/2021/TT-BTC, as follows:

Visa Type

Fee

Single-entry visa: 1-month or 3-month validity

25 USD

Multiple-entry visa:

 

– Less than 3 months validity (3-month multiple-entry visa)

50 USD

– Over 3 months up to 6 months validity (Over 3 – 6 months multiple-entry visa)

95 USD

– Over 6 months up to 12 months validity (6-month – 1-year multiple-entry visa)

135 USD

– Over 12 months up to 24 months validity (1 – 2 years multiple-entry visa)

145 USD

– Over 24 months up to 60 months validity (2 – 5 years multiple-entry visa)

155 USD

Note: In addition to the mandatory state fees, foreign investors are required to pay additional fees such as document preparation fees, translation fees for documents, consular legalization fees, etc.