Vietnam's updated visa policy: “Golden Visa” and new prospects for investors and digital nomads

Vietnam has decided to update its visa policy to make the country more attractive to foreign investors, professionals, and talented professionals. The new long-term visa programs are aimed at those who are ready to make a significant contribution to the development of the economy, culture, and technology of the country, creating conditions for long-term stay and active participation in the prosperity of Vietnam.

As part of the new visa programs, Vietnam offers several visa categories focused on investors, professionals, and creative people. This initiative is the first such experience for the country, which previously did not have a similar long-term visa system. 

The proposed visa categories that will soon be available:

• “Golden Visa” with a validity period from 5 to 10 years and the possibility of extension, intended for those who plan to reside in the country for a long time or can contribute to the development of the economy and tourism.
• Investor visa for 10 years, which provides a simplified path to obtaining residency status after just five years.
• Visa for talented specialists (for professionals, artists, and digital nomads) with a term of 5 years with an easy renewal procedure.

Applications for new visas can be submitted completely online without the need to visit the consulate, which significantly simplifies the process. Also, the rules for short-term visas for tourism or business purposes have been simplified — the process has become faster, more affordable, and fully digital.

Vietnam is taking an important step towards global trends in attracting talent and investment. The new long-term visas open up broad opportunities for foreign professionals and digital nomads who want to live and develop business in the country. This is evidence of Vietnam's aspiration to become more attractive and competitive on the international stage.

Stay tuned on the website Buch-dein-Visum.de to be aware of all changes in visa policy and receive up-to-date travel planning advice.