Vietnam’s 10-year Golden Visa program: Key features, perks, and eligibility

Vietnam is rolling out a 10-year Golden Visa program, offering Indian investors, professionals, and long-term travelers an opportunity to establish a stable base in Southeast Asia. This initiative aims to attract global talent and capital, particularly from emerging markets like India, to bolster Vietnam's tourism and investment sectors.The Golden Visa offers five- to ten-year renewable residency options, removing the need for the frequent renewals associated with regular visas. Families can go with the primary applicant because Vietnam offers dependent visas and access to its healthcare and educational systems.Read more: Hemkund Sahib Yatra 2025 begins; Uttarakhand CM flag off pilgrimageThe program encompasses three main categories:Investor visa: Intended for business owners and entrepreneurs who want to invest in Vietnam's economy. If the investment is sustained for five years, there is a chance to obtain permanent residency.Talent visa: Offering a streamlined renewal process to promote long-term employment, it is aimed at qualified individuals who contribute to important industries like IT, education, and healthcare.Golden visa for long-term tourists and retirees: Aimed at individuals seeking extended residency for lifestyle purposes, including retirees and long-term tourists.Also Read: Countries Indian passport holders can visit with a valid US visaIt is anticipated that the application procedure will be entirely online, doing away with the requirement to visit the embassy. A valid passport, evidence of income or investment, health insurance, and a clear background check are requirements for applicants. Major cities like Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc will host the program's initial experiment.Vietnam's Golden Visa program presents several opportunities for Indian nationals:Entrepreneurship: Indian entrepreneurs can establish ventures in sectors like IT, textiles, and renewable energy, leveraging Vietnam's growing economy.Remote work: Digital nomads can benefit from Vietnam's affordable cost of living and robust digital infrastructure.Family residency: The program's dependent visa provisions allow families to reside together, accessing local schools and healthcare.Read more: 10 national parks in South India you probably haven't explored yetIndian professionals, long-term visitors, and investors looking for stability and growth in Southeast Asia may find Vietnam's 10-year Golden Visa program to be an alluring prospect. The program's varied visa categories and simplified application process complement Vietnam's strategic objectives to draw in foreign investment and talent while promoting sustainable economic growth.