10-Year Vietnam Golden Visa Launch for Global Talents, Investors & Tourists

Vietnam is poised to revolutionise its immigration landscape with the introduction of a 10-year Golden Visa programme, designed to attract long-term residents, investors, and skilled professionals.

This initiative aims to bolster Vietnam’s tourism sector and economy by offering extended residency options and streamlined processes for high-net-worth individuals and global talent.

Here’s everything you need to know about this groundbreaking proposal.

Visa Categories:

The programme includes three distinct visa categories tailored to different groups:

1. Golden Visa:
   • Valid for 5 to 10 years, with the possibility of extension.
   • Ideal for individuals seeking long-term residency without stringent investment requirements.
   • Benefits: The "golden visa" is a type of long-term visa that gives its holders several benefits, such as unlimited entries and exits, ability to establish companies, invest, and reside in Vietnam for long term.
2. Investor Visa:
   • Valid for 10 years, with a pathway to permanent residency after 5 years.
   • Targets foreign investors looking to contribute significantly to Vietnam’s economy.
3. Talent Visa:
   • Valid for 5 years, designed for highly skilled professionals in rapidly growing sectors.
   • Features a simple renewal process to retain top global talent such as skilled professionals, artists, researchers, and innovators.

These categories reflect Vietnam’s commitment to attracting diverse groups, from entrepreneurs to experts, to support its economic growth.

Application Process:

The proposed Golden Visa program emphasises convenience and accessibility:

• Fully Online: Applications will be available entirely online, eliminating the need for embassy appointments or in-person submissions.
• Streamlined Procedures: The programme also simplifies visa processes for tourists and business travelers on short trips, aligning with Vietnam’s broader digitisation efforts.

This user-friendly approach is expected to enhance Vietnam’s appeal as a destination for long-term stays and investments.

Pilot Implementation Locations:

The programme is proposed to launch in key cities and regions known for their economic significance and quality of life:

• Ho Chi Minh City
• Hanoi
• Da Nang
• Phu Quoc

These locations offer vibrant cultural experiences, modern infrastructure, and opportunities for both business and leisure, making them ideal hubs for the pilot phase.

Tourism and Economic Context:

Vietnam’s booming economy and thriving tourism sector provide a strong foundation for the Golden Visa programme:

• Economic Boom: Vietnam continues to attract global attention as a dynamic and rapidly growing economy.
• Tourism Growth: In the first quarter of 2025, Vietnam welcomed 7.67 million foreign visitors, marking a 23.8% year-on-year increase.
• 2025 Target: The Vietnam National Authority of Tourism aims to attract 22 to 23 million international arrivals this year.

The Golden Visa programme is expected to further boost these figures by encouraging longer stays and increased investment.

Living in Vietnam:

Vietnam offers an attractive blend of affordability, culture, and modern amenities:

• Affordability: Compared to other Southeast Asian nations, Vietnam provides a cost-effective lifestyle with access to quality services.
• Major Cities: Cities like Ho Chi Minh City, Hanoi, and Da Nang boast rich cultural heritage, international schools, and diverse housing options, appealing to expatriates and investors alike.

These factors make Vietnam an increasingly popular destination for those seeking long-term residency.

What Does This Mean for Singaporeans and Foreigners?

The proposed Golden Visa program presents significant opportunities for foreigners:

1. For Investors:
   • A clear pathway to permanent residency after 5 years of holding an Investor Visa.
   • Potential to capitalise on Vietnam’s economic boom through strategic investments.
2. For Skilled Professionals:
   • Access to a Talent Visa that supports long-term career growth in high-demand sectors.
   • Simplified renewal processes to ensure stability and continuity.
3. For Expatriates:
   • The Golden Visa offers a chance to live, work, and invest in a culturally rich and affordable environment.

In a Nutshell

Vietnam’s newly launched 10-Year Golden Visa programme represents a bold step toward positioning the country as a global destination for long-term residency, investment, and talent acquisition.

For those interested in taking advantage of this opportunity, it’s crucial to stay informed about official announcements and consider existing visa options in the interim.

With its vibrant economy, growing tourism sector, and strategic incentives, Vietnam is well-positioned to become a magnet for global citizens and investors in the years to come.