When foreign investors are individuals directly investing in Vietnam, the procedures for granting temporary residence cards for 5 years are relatively simple. For foreign investors are organizations, their legal representative is not counted as an investor and if they wish to issue temporary residence cards, they shall have to carry out same procedures as experts working in Vietnam. In cases where investors are organizations, and organizations are funded by many individuals, what do businesses need to do to get a 05 years temporary residence card according to foreign investors?
Answer by Department of Immigration Management– Provincial Public Security:
In the case mentioned above, additional names of contributing individuals should be added to investment certificate, when the investment certificate has shown the name of capital contributing members, Department of Immigration Management shall consider granting temporary residence cards according to regulations.