In a landmark move aimed at attracting global talent, investors, and entrepreneurs, Vietnam has officially introduced a 10-year Golden Visa, aligning itself with several other countries that have successfully leveraged long-term residency programs to boost economic growth.
What Is Vietnam’s Golden Visa?
Vietnam’s Golden Visa is a long-term residency program that offers a renewable 10-year visa to qualifying foreigners. The goal? To invite foreign investors, high-level professionals, scientists, and digital nomads to contribute to Vietnam’s rapidly growing economy while enjoying a stable, long-term stay in one of Southeast Asia’s most dynamic countries.
This move comes as Vietnam continues to assert itself as an economic powerhouse in the region, with its booming tech sector, manufacturing strength, and growing global appeal.
Who Can Qualify?
While full details are still emerging, early reports suggest the visa is aimed at:
- Foreign investors with significant capital in Vietnamese businesses or real estate
- Highly skilled professionals in priority sectors such as technology, healthcare, and education
- Entrepreneurs and business founders
- Scientific researchers and experts
- Potentially remote workers and digital nomads who meet certain income thresholds
The Vietnamese government is expected to define minimum investment thresholds and eligibility criteria soon, likely following the examples set by Golden Visa programs in countries like the UAE, Portugal, and Thailand.
Key Benefits of the 10-Year Visa
- ✅ Long-Term Stay: A 10-year, renewable visa allows holders to live, work, and travel in Vietnam with minimal red tape.
- ✅ Family Inclusion: Dependents (spouse and children) are likely eligible under the same visa.
- ✅ Business Opportunities: Visa holders can set up or invest in businesses in Vietnam, taking advantage of its growing economy.
- ✅ Residency Stability: Ideal for those looking to relocate long-term without going through frequent visa renewals.
Why Vietnam — and Why Now?
Vietnam has enjoyed remarkable economic growth over the past decade, emerging as a favorite for international businesses seeking alternatives to China for manufacturing and sourcing. With a young population, stable government, rising middle class, and increasing openness to foreign talent, the country is ripe for deeper global integration.
The Golden Visa is part of a broader strategy to:
- Attract foreign direct investment (FDI)
- Boost innovation and technology transfer
- Fill talent gaps in key industries
- Position Vietnam as a global hub for skilled professionals and entrepreneurs
Global Competition and a Smart Move
Countries around the world have been rolling out similar programs, from Portugal’s real estate-focused Golden Visa to the UAE’s Golden Residency targeting entrepreneurs and tech talent. Vietnam’s move signals its intent to compete for global minds and capital, while ensuring that those who choose to live and work in the country can do so securely and long-term.
Final Thoughts
Vietnam’s introduction of a 10-year Golden Visa is a game-changer for investors, professionals, and expatriates looking to make the country their second home. With a blend of rich culture, economic potential, and quality of life, Vietnam is opening its doors wide to those who want to be part of its future.
As the official guidelines and application processes are finalized in the coming months, now is the perfect time for interested individuals and businesses to begin preparing for this exciting opportunity.
