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The Golden Visa in Vietnam is a residency-by-investment program designed to attract foreign investors, entrepreneurs, and wealthy individuals seeking residency privileges in the country. Through this program, eligible applicants can obtain long-term residency permits by making significant economic contributions to Vietnam, typically through investments in business, real estate, or government bonds. Although Vietnam does not have a formally named "Golden Visa" program like some other countries, it offers various visas and residency options for investors under its immigration laws.
Engaging a lawyer can be crucial when dealing with the complexities of obtaining a Golden Visa in Vietnam. Some common situations where legal assistance might be necessary include:
The process of obtaining a Golden Visa in Vietnam involves understanding and complying with several key local laws and regulations:
Vietnam offers residency options for foreign investors, dubbed informally as "Golden Visa" programs, that allow long-term stays through economic investments.
Eligibility typically depends on making a significant investment in a Vietnamese business, real estate, or government-approved projects. There may also be specific requirements related to the investment type and amount.
You will need to submit identification documents, proof of investment, tax records, and potentially other documents as required by immigration authorities.
Yes, immediate family members, such as a spouse and dependent children, can typically be included in the visa application process.
Obtaining residency may affect your tax situation, potentially leading to a requirement to pay taxes on worldwide income. Consulting with a tax advisor is recommended.
The processing time can vary depending on the complexity of the application, but generally, it takes several months from submission to approval.
Long-term residency can be a stepping stone to permanent residency or citizenship, subject to fulfillment of specific legal requirements over time.
Failure in investment might impact your residency status and it's essential to consult a lawyer to explore options and understand any potential legal consequences.
Residency through investment may not automatically include work rights, and a separate work permit may be necessary to engage in employment activities.
Visa renewal typically involves maintaining the investment and complying with any conditions set at the time of initial issuance. Specific documentation will be required to substantiate the ongoing investment.
For further resources and assistance, consider exploring the following:
If you need legal assistance with your Golden Visa application in Vietnam, here are some steps to guide you:
Lawzana helps you find the best lawyers and law firms in Vietnam through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Golden Visa, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
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