Vietnam has officially announced the launch of the 10–year Golden Visa, a long–term program designed for foreign investors, professionals and loyal tourists. Unlike the United States, where a similar visa costs $5 million, Vietnam focuses not on the super-rich, but on those who are willing to live, work or develop a business in the country on a permanent basis.
Key parameters of the new visa
- The validity period is 5 or 10 years, with the possibility of extension;
- Available to investors, entrepreneurs, qualified professionals, and digital nomads;
- Registration is completely online, without a visit to the consulate;
- A simplified filing procedure is expected for the applicants’ families.
The authorities expect that the program will strengthen Vietnam’s position as a center for life, business and tourism in Southeast Asia. According to the National Tourism Administration, 7.67 million foreign visitors visited the country from January to April 2025 (an increase of 23.8% compared to last year).
“Vietnam’s visa policy needs further improvements to stimulate the tourism industry and attract foreign investors and experts,” the government said in an official release.
Expert opinion
Experts note that the launch of the “golden visa” is a logical step against the background of the restoration of tourism and economic growth. Vietnam offers not only favorable living and business conditions, but also modern infrastructure, high-quality schools, medical facilities and affordable housing.
“Vietnam is becoming more and more attractive to wealthy foreigners and professionals due to the economic boom and reforms in visa policy,” leading media outlets note.
The new visa is part of a strategy to reach 23 million foreign visitors in 2025. Competition with Thailand and Malaysia is intensifying, but Vietnam offers a unique combination of cost, quality of life and business prospects. An additional advantage should be flexible registration conditions (fully online). It is important to note that Vietnam relies on long-term residents and investors, not just short-term tourists.

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