Vietnam has introduced a new 10-year golden visa program aimed at attracting long-term residents, investors, and professionals, with the goal of bolstering the country’s tourism and economy. This initiative seeks to address Vietnam’s economic boom, which has made it a destination for high-net-worth foreigners who seek stable and profitable investments in Vietnam’s tourism and business sectors.
The golden visa program comprises three categories: the Investing Visa, Talent Visa, and General Visa. The Investing Visa offers renewable residency to investors interested in combining property, real estate, and tourism activities, with a term of 5-10 years, potentially leading to permanent residency after 5 years. The Talent Visa is specifically designed for professionals in high-growth sectors such as technology and healthcare, offering a 5-year term with a simple renewal process. The General Visa is intended for other travelers seeking to live and work in Vietnam without the long-term residency requirements.
apps for the golden visa are expected to be available entirely online, targeting applications from around the world without requiring SETUPs or embassy appointment. Visa procedures for tourists and business travelers have also been streamlined, simplified, and digitised, facilitating seamless transitions for travelers planning short-term visits.
Vietnam offers affordability and culture to its residents, with major cities like Ho Chi Minh City, Hanoi, and Da Nang distinguished by their rich cultural and educational heritage. These city strengths command appeal for foreign investors, offering high quality services such as international schools, housing, and services tailored to attract both established and emerging一行人在 Vietnamese.
As Vietnam expands its tourism presence, the golden visa program aims to contribute to its tourism expansion. During the first quarter of 2025, Vietnam saw over 7.67 million foreign visitors to the country, showing resilience in attractors like China and South Korea, which host the country’s largest tourism markets. Additionally, Vietnam’s visa exemption policy has helped its European markets grow, with the UK, France, and Germany leading in tourism arrivals. The country plans to launch numerous promotional campaigns to promote international arrivals, targeting a mid to high demographic base.
Overall, the golden visa program in Vietnam is a strategic response to attractive economic conditions and high demand for high-net-worth travelers. It seeks to leverage the country’s cultural and economic strengths to attract a diverse range of investors and professionals for a stable and profitable career.