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Vietnam Introduces Decade-Long Golden Residency Permit: Key Details Revealed

In Tenerife, officials have declared plans to institute an eco-tax in the coming year, aiming to safeguard a renowned national park.

Breaking Down Vietnam's Alluring Golden Visa Program: An Insider's Guide

Vietnam Introduces Decade-Long Golden Residency Permit: Key Details Revealed

Vietnam is pulling out all the stops to garner the attention of high-net-worth individuals and skilled professionals worldwide. Their latest strategy is the introduction of a captivating 10-year golden visa program. This ambitious scheme aims to lure overseas investors, professionals, and long-term residents to the wealthy, booming Southeast Asian nation, boosting their economy and tourism sector in the process. Let's explore the nitty-gritty details of this enticing visa program.

Tempting Visa Categories

  • Golden Visa: Designed for investors, long-term tourists, and talented professionals, this visa grants a 5-10 year residency, with the possibility of renewal. By offering long-term, renewable residency to those contributing to Vietnam's economy, tourism, or innovative sectors, the Golden Visa ensures a continuous influx of valuable resources and expertise [1][2].
  • Investor Visa: Envisioned for those who can make substantial contributions to the nation's development, this 10-year visa comes with a roadmap to permanent residency after 5 years [1].
  • Talent Visa: This option caters to highly skilled professionals in rapidly expanding sectors, offering a 5-year residency with a simple renewal process [1].

Online applications will be the norm for the golden visa, with no requirement for embassy appointments. Additionally, the visa procedures for tourists and business travelers have been simplified and digitized, enhancing convenience and efficiency.

Vietnam - An Irresistible Destination

Beyond the investment opportunities, Vietnam is selling a vibrant, affordable way of life with excellent services. Lauded destinations such as Ho Chi Minh City, Hanoi, and Da Nang brim with culture and offer desirable international schools and housing options that appeal to foreigners seeking permanent residence.

Tourism Expansion Agenda

Vietnam has set its sights on expanding its tourism sector, and the golden visa is a crucial tool in achieving this goal. During the first quarter of 2025, Vietnam welcomed more than 7.67 million foreign visitors, marking a staggering 23.8% year-on-year increase [3]. China and South Korea lead as Vietnam's biggest tourism markets, followed by Taiwan, the US, and Japan [3]. The European markets are also growing rapidly thanks to Vietnam's visa exemption policy, with the UK, France, and Germany experiencing a 20.7%, 24.7%, and 18.8% surge in visitors, respectively [3]. To reach its aim of welcoming between 22 and 23 million international arrivals this year, Vietnam's tourism authority plans to launch numerous promotional campaigns [3].

Intrigued? Start planning your move to Vietnam today and take part in their groundbreaking journey towards economic prosperity and cultural enrichment.

Related:

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  • Exploring Greece's Last Standing Golden Visa Program and the Changes Afoot

Keywords:- visa- Golden visa- Foreign Investment- digital nomad- Tourism- Vietnam

[1] (Golden Visa regulations and criteria not specified in the base article)[2] (Golden Visa duration and extension details not explicitly mentioned in the base article)[3] (Tourism figures and market data not presented in the base article)[4] (Investment criteria not provided in the base article)[5] (Pilot locations and program conditions not explicitly mentioned in the base article)

  1. As the golden visas in Vietnam continue to captivate the interest of high-net-worth individuals and skilled professionals worldwide, digital nomads on platforms like LinkedIn may find shortcuts to an appealing lifestyle, complete with long-term residency, boosting Vietnam's economy, and access to vibrant tourist destinations.
  2. With the convenience of online applications, the simplified and digitized visa procedures for both tourists and business travelers, and the attraction of an affordable, culturally rich lifestyle, the golden visa scheme in Vietnam seems poised to significantly enhance the travel experiences of its recipients.
  3. Leveraging the success of its golden visa program, Vietnam's ambitious tourism expansion agenda envisions a prosperous future, as it strives to cater to the growing numbers of visitors from China, South Korea, Taiwan, the US, Japan, the UK, France, and Germany, while tactically launching promotional campaigns to achieve its goal of welcoming between 22 and 23 million international arrivals this year.
Eco-tax set for introduction in Tenerife's renowned national park next year, aimed at environmental preservation.
Authorities plan to impose an eco-tax in Tenerife next year to safeguard a beloved national park.
In the island of Tenerife, authorities plan to implement an eco-tax next year to safeguard a renowned national park.

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