Vietnam New Visa Programs: Long-Term Options for Expats and Investors
- International Property Alerts
- October 16, 2025
Vietnam is stepping into the competitive golden visa arena, becoming the latest Southeast Asian nation to offer long-term residency options for foreigners. Before the COVID-19 pandemic, Vietnam was a haven for expatriates, many of whom utilized 90-day “visa runs” to maintain long-term stays. However, the pandemic disrupted this, with the government requiring most foreigners to leave abruptly, displacing thousands. Since then, long-term residency options have been limited to investment-based visas. In response to evolving global migration trends and regional competition, Vietnam’s tourism board proposed three new long-term visa categories in April 2025, designed to attract investors, professionals, and their families. If you’re also exploring real estate abroad, check out the top best international property listing websites for curated global opportunities.
New Visa Categories
The proposed visas aim to cater to diverse groups, offering flexibility and benefits such as unlimited entry and exit, the ability to work for foreign employers or clients, and the option to establish and manage a business in Vietnam. Spouses and dependent children are included in all categories. The three visa types are:
- 5- to 10-Year Golden Visa: This visa requires a minimum investment in approved real estate projects. While exact investment thresholds are yet to be finalized, estimates suggest a range of $250,000 to $400,000 for real estate purchases.
- 10-Year Investment Visa: Aimed at those willing to invest capital in Vietnamese companies or contribute to government funds. Preliminary reports indicate investment amounts could range from $100,000 to $300,000.
- 5-Year Skilled Professional Visa: Targeted at experts in high-demand fields such as information technology, education, and healthcare, this visa offers a pathway for professionals to live and work in Vietnam.
Regulatory Adjustments for Property Investment
Vietnam’s property laws present unique considerations for the golden visa program. Foreigners cannot own land outright but can own structures built on leased land, with leases typically lasting up to 50 years and a potential one-time extension of another 50 years. During this period, foreign owners can lease, mortgage, or transfer their properties. Current regulations limit foreign ownership to 30% of units in a condominium and 10% of houses in a given ward, up to a maximum of 250 houses. To make the golden visa appealing to property investors, adjustments to these restrictions may be necessary, potentially increasing the allowable percentage of foreign-owned units or easing transfer protocols.
Why Now? Regional Competition and Tourism Recovery
Vietnam’s tourism board has been candid about the motivations behind these visas: staying competitive in a region where countries like Thailand, Malaysia, and Cambodia already offer residency-by-investment programs. The tourism sector, a significant economic driver, has yet to fully recover from the 2020 downturn caused by global travel restrictions. By introducing these visas, Vietnam aims to attract affluent investors and skilled professionals to boost economic growth and revive its tourism industry.
The visas are being marketed aggressively in South Asia, particularly in India and Pakistan, where demand for migration opportunities is rising. In contrast, the Chinese market is less of a focus due to its saturation with residency options and historical tensions between Vietnam and China.
Why Choose Vietnam?
Vietnam is a captivating destination with a unique blend of natural beauty, vibrant culture, and economic dynamism. Its landscapes range from pristine beaches and lush mountains to serene rural areas, all easily accessible from urban hubs like Ho Chi Minh City, Da Nang, and Hanoi. The cost of living remains remarkably low, with many expatriates reporting comfortable lifestyles on $1,000 to $1,500 per month. The cuisine, renowned for its fresh ingredients and bold flavors, is a highlight for residents and visitors alike. For those interested in investing or settling down, check out our property buying tips to guide your journey.
The transformation of cities like Ho Chi Minh City (formerly Saigon) is striking. Once a colonial outpost, it now boasts modern skyscrapers and luxury brands, reflecting Vietnam’s embrace of market-driven economics despite its communist governance. This juxtaposition of tradition and modernity creates a dynamic environment for expatriates.
However, challenges exist. Vietnam’s bureaucracy can be slow and complex, requiring patience and persistence. Urban areas are often crowded, with heavy traffic dominated by scooters contributing to noise and air pollution. While private healthcare facilities are of high quality, public hospitals may not meet the expectations of expatriates. English proficiency is limited outside major cities, which can pose communication challenges.
A Strategic Location for Global Nomads
Vietnam’s central location in Southeast Asia makes it an ideal base for exploring the region. Its tropical climate, characterized by warmth and humidity with minimal temperature variation, appeals to those who enjoy a sunny lifestyle, though the annual monsoon season requires adaptation. For those seeking a culturally rich, affordable, and strategically located destination, Vietnam offers an unparalleled opportunity. If you’re considering property or long-term living in Vietnam, feel free to contact us for guidance.
If you’re intrigued by the prospect of living in a country that blends exotic culture, stunning landscapes, and modern conveniences, Vietnam’s new visa programs could be your gateway to a vibrant new chapter. Contact us to explore how you can make Vietnam your home.
Frequently Asked Questions (FAQ)
1. Who is eligible for Vietnam’s new long-term visas?
The visas target three groups: real estate investors (golden visa), business investors (investment visa), and skilled professionals in fields like IT, education, and healthcare. Spouses and dependent children are included in all categories.
2. What are the investment requirements for the golden visa and investment visa?
Exact figures are pending, but estimates suggest $250,000-$400,000 for real estate investments (golden visa) and $100,000-$300,000 for business investments or government fund contributions (investment visa).
3. Can I work or start a business with these visas?
Yes, all three visa types allow holders to work for foreign employers or clients and to establish and manage businesses in Vietnam.
4. Are there restrictions on property ownership for foreigners?
Foreigners cannot own land but can own structures on leased land for up to 50 years, with a possible 50-year extension. Foreign ownership is capped at 30% of condominium units and 10% of houses in a ward (up to 250 houses).
5. How does Vietnam compare to other Southeast Asian countries for residency programs?
Vietnam’s programs are designed to compete with Thailand, Malaysia, and Cambodia, which offer similar residency-by-investment options. Vietnam’s lower cost of living and central location make it particularly attractive.
6. What are the main challenges of living in Vietnam?
Challenges include navigating complex bureaucracy, dealing with urban crowding and noise, managing air pollution from scooters, and limited English proficiency outside cities. Public healthcare may also fall short for expatriates.
7. How can I apply for these visas?
Application details are still being finalized. Stay updated through Vietnam’s official immigration or tourism board websites, or consult with a migration specialist for personalized guidance.
8. Is Vietnam safe for expatriates?
Vietnam is generally safe, with low crime rates. However, expatriates should exercise standard precautions, particularly in crowded urban areas, and stay informed about weather-related risks during the monsoon season.
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