Instructions on procedures in asking for issuance of temporary residence cards for foreign investors

Instructions on procedures in asking for issuance of TRC for foreign investors

Vietnam is an attractive destination for foreign investors around the world. Besides, there are many favorable policies on issuing temporary residence cards to investors. Through this article, Oriental Visa shall help you to study on Procedures temporary residence card for investors.

Conditions for in asking for issuance of temporary residence cards for foreign investors

  • Passport of foreigners must be valid more than 1 year.
  • Visas currently in use in Vietnam must be symbolized as DT1, DT2 or DT3.
  • Documents of proving the capital contribution or capital investment in the company in Vietnam are available.
Conditions for in asking for issuance of temporary residence cards for foreign investors
Conditions for in asking for issuance of temporary residence cards for foreign investors

Types of temporary residence cards for foreign investors in Vietnam

Based on the amount of capital investment, foreigners will be issued temporary residence cards with different durations.

In accordance with the latest regulations of the Immigration Law, there are 3 types of temporary residence cards for investment in Vietnam.

Temporary residence card for investment DT1

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a capital contribution value of VND 100 billion or more or investing in industries and areas with investment incentives decided by the Government.

Temporary residence card for investment DT2

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a capital contribution value from VND 50 billion to under VND 100 billion. Or investing in industries with investment incentives decided by the Government.

Temporary residence card for investment DT3

Issued to foreign investors in Vietnam and representatives of foreign organizations investing in Vietnam with a capital contribution value from VND 3 billion to under VND 50 billion.

Types of temporary residence cards for foreign investors in Vietnam
Procedures temporary residence card for investors

Term of temporary residence card for foreign investors

Temporary residence card with symbol with Investment is valid not more than 5 years. The duration of the temporary residence card for investors and representatives of foreign organizations investing in Vietnam depends on type of card.

  • Temporary residence card DT1 and temporary residence card DT2 are valid maximum 5 years.
  • Temporary residence card DT3 is valid maximum 3 years.

Documents for making temporary residence card for foreign investors in Vietnam

  • Original passport of foreign worker with at least 13 months validity.
  • Online temporary residence registration certificate or issued by the local police according to regulations.
  • 2 photos 2×3 cm.
  • Business license of guaranteed company (notarized copy).
  • Form NA6 application form for temporary residence card for foreigners (if the organization/agency is applying for Temporary Residence Card).
  • Form NA7 Application for guarantee for temporary residence card for foreigners in Vietnam (if the individual applies for Temporary Residence Card by him/herself).
  • VAT declaration for the last 3 months.
Temporary residence card for investment
Temporary residence card for investment

These are information that Visa Oriental would like to provide you about the topic Procedures temporary residence card for foreign investors. If you want more information, please contact us via HOTLINE 0941506226

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