Residency Options For Foreign Investors In Vietnam

Vietnam's dynamic booming economy and efficient business environment have made it a highly attractive destination for foreign investors. As one of the fastest-growing economies in Asia, Vietnam has seen a significant increase in international investment. In response to this enthusiasm, Vietnam has recently streamlined its immigration policies to facilitate investment for foreign investors. As for now, foreign investors can choose between two following residency options when investing in Vietnam.

Option 1: Residency by investment of more than USD 150,000

Although foreign nationals typically need a work permit and a residency permit to live and work in Vietnam, there are some exceptions. Vietnamese law allows for certain exemptions such as for foreign investors who make a direct investment of at least 3 billion Vietnamese dongs (USD 150,000 approximately) in a Vietnamese company.