The Vietnam DT3 Investment Visa is a foreign investor visa for those who plan to implement an investment project in Vietnam. An applicant 18 or older either sets up a new legal entity or acquires an existing company, with a minimum investment of VND 3 billion contributed as capital or used to buy shares in a Vietnamese entity. The DT3 visa is valid for up to three years and is renewable subject to conditions, the investor can benefit from a work permit exemption valid for up to two years, and a temporary residence card can be applied for.
The visa carries the right to live, work, and study in Vietnam, with no education or language requirement, and the legal spouse and children under 18 can be included. Investors must hold the nationality of a World Trade Organization member country and obtain all required licenses before running the company. Processing runs 4 to 6 months.