Vietnam Temporary Residence Card for Foreign Investors and Business Owners

Vietnam Temporary Residence Card for Foreign Investors and Business Owners

As Vietnam continues to attract foreign direct investment, many international entrepreneurs and business owners are seeking long-term residency through the Vietnam temporary residence card. This guide explains the specific legal procedures, eligibility criteria, and important considerations for investors aiming to reside and manage businesses in Vietnam. In case you need advice, please contact Apolo Lawyers via email at contact@apolo.com.vn or Hotline (+84) 903 419 479 for the best advice and support.

Vietnam Temporary Residence Card for Foreign Investors and Business Owners

1. Who Qualifies as a Foreign Investor in Vietnam?

To qualify for a TRC as an investor, a foreign national must:

Be listed as a capital-contributing member or shareholder in a Vietnamese company
Hold a valid visa (DT1–DT4 category depending on investment value)
Have their name listed on the company Investment Registration Certificate or Business License

There is no minimum investment threshold for a TRC, but the type of card (DT1–DT4) and its duration depend on the capital contribution amount.

2. Legal Documents Required for TRC Application

Foreign investors need to submit the following:

Valid passport and current visa
Investment license (IRC) or Business registration certificate (ERC)
Confirmation of temporary residence from the local police
Form NA6 (for the sponsoring company) and Form NA8 (applicant)
Recent passport-sized photos

Legal assistance ensures accuracy in business licensing documents and registration processes.

Vietnam Temporary Residence Card for Foreign Investors and Business Owners

3. Advantages of a TRC for Investors

No need for visa extensions or re-entry permits
Residency up to 10 years in some cases (renewable)
Eligibility to sponsor spouse and children
Full legal stay to manage, operate or supervise your business

For busy investors, hiring an immigration lawyer can streamline the process and prevent legal delays or errors.

4. Common Challenges & Legal Tips

Incorrect company documentation or capital contributions not properly recorded
Delay in obtaining confirmation from tax or planning departments
Using the wrong visa type before applying for TRC

Apolo Lawyers can assist in restructuring your business documents or liaising with relevant authorities for fast-track TRC issuance.

Vietnam offers a business-friendly environment, and the Vietnam temporary residence card is a key to long-term stability for foreign entrepreneurs. With legal guidance, investors can easily secure their legal status and focus on growing their business in Vietnam.

APOLO LAWYERS