New Temporary Residence Card Rules for Foreign Investors
Decree updates extend TRC validity for foreign investors holding charter capital above the threshold to 10 years, aligning with strategic FDI policy.
The Government has issued an updated decree governing Temporary Residence Card (TRC) issuance for foreign nationals investing in Vietnamese enterprises. Investors meeting the charter capital threshold may now obtain a TRC valid up to 10 years.
This reform aligns with the strategy to attract sustained foreign direct investment and reduce administrative friction. Family members of qualifying investors may obtain dependent TRCs of equivalent validity.
Documentation requirements include: notarized investment registration certificate, lease evidence, and clean criminal record certification from the country of origin (apostilled where applicable).