Is setting up a company required for the Vietnam DT4 program?
The foreign investor can either create a new legal entity or acquire an existing company in Vietnam to conduct business.
What is the minimum amount to invest for the Vietnam DT4 program?
Apart from certain special business activities, there is no minimum investment amount required.
Is a work permit required to run the invested company under the Vietnam DT4 program?
Yes, a work permit is required.
What is the validity period of the work permit under the Vietnam DT4 program?
Up to two years, renewable subject to conditions.
What is the validity period of the DT4 visa?
The visa is valid for up to one year, renewable subject to conditions.
Is it possible to apply for a temporary residence card with the Vietnam DT4 program?
No. A DT4 visa holder cannot apply directly for a temporary residence card, unless there is a later change to a residence permit category that qualifies for such an application.
Are there any restrictions on the nationalities applying for the Vietnam DT4 program?
Foreign investors who hold the nationality of a World Trade Organization (WTO) member country are eligible to apply.
Is there any age limit to apply for the Vietnam DT4 program?
The main applicant must be 18 or older.
Are there any medical requirements for the Vietnam DT4 program?
No, there is no medial requirements for the Vietnam DT4 program.
Are there any language requirements for the Vietnam DT4 program?
No, there is no language requirements for the Vietnam DT4 program.
Does a Vietnamese residence card allow visa-free travel within ASEAN under the Vietnam DT4 program?
No, a Vietnamese residence card does not grant visa-free travel within the Asian area
Does the applicant's family also benefit from the Vietnam DT4 program?
No, the DT4 is for the applicant only.
Does the government need to recognize the project under the Vietnam DT4 program?
Yes. The foreign investor must obtain all required licenses and certificates before implementing the project or running the invested company.
