Vietnam Unveils 10-Year Golden Visa ProgramNRI News

May 26, 2025 15:09
Vietnam Unveils 10-Year Golden Visa Program

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In an ambitious effort to emerge as a premier destination for international talent and investment, Vietnam has introduced a decade-long Golden Visa program designed to attract foreign entrepreneurs, skilled workers, and long-term travelers, especially from rising economies such as India. Launched in May 2025, this initiative presents an attractive array of residency perks, entrepreneurial prospects, and digital flexibility, positioning Vietnam as a distinct alternative within Southeast Asia. For Indian citizens, this Golden Visa symbolizes potential long-term stability and accessibility. With a validity span of up to ten years and the possibility of renewal, this visa provides its holders the freedom to live, work, or establish businesses in Vietnam without the hassle of repeated applications. Entrepreneurs are given the opportunity to invest in promising industries, including information technology, renewable energy, and textiles. Meanwhile, the country’s affordable living costs, strong internet connectivity, and vibrant expatriate communities appeal to digital nomads and remote professionals.

The program comprises three principal visa categories:

- Investor Visa: Designed for those investing capital in Vietnamese enterprises or sectors.

- Talent Visa: Targeted towards skilled professionals, especially in technology, finance, healthcare, and education.

- Golden Visa for Long-Term Tourists and Retirees: Created for individuals wishing to enjoy an extended stay or a tranquil retirement.

The application process is expected to be efficient and entirely online, eliminating the necessity for in-person embassy appointments. This visa will also accommodate dependents, allowing families to apply collectively and benefit from the local healthcare and educational systems.

Significant advantages include:

- Renewable residency lasting between 5 to 10 years

- Access to public amenities and infrastructure

- Possible pathway to permanent residency over time

- A framework conducive to digital nomadism

To apply, candidates must possess a valid passport, evidence of sufficient funds or relevant professional qualifications, health insurance, and a clean criminal record. Once approved, individuals will receive long-term residency status and can include their spouses and children in the application. The initial phase of this program will target major urban centers in Vietnam—such as Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc island—with additional information regarding eligibility requirements and documentation to be released by local authorities in the near future. For Indians aiming to broaden their international presence, relocate for career opportunities, or embrace a change in lifestyle within Asia, Vietnam's Golden Visa offers a compelling new pathway.

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