An investor temporary residence card is an essential document for foreign investors in Vietnam. It allows them to reside legally for a long term without having to renew their visa multiple times. This card offers significant benefits, from long-term residence to advantages in finance, investment, and property ownership.
So, what are the conditions and procedures to obtain a 5-year investor TRC? Let’s explore the details below.
An investor temporary residence card (TRC) is issued to foreign nationals who invest in Vietnam, allowing them to live and work long-term during their investment period. The card’s validity depends on the amount of investment capital.
Investor TRCs are divided into four categories based on investment capital:
Group
Investment Capital Condition
Maximum Validity
DT1
From 100 billion VND or investment in priority sectors or areas
Up to 10 years
DT2
From 50 billion to under 100 billion VND or investment in encouraged sectors
Holding a 5-year investor temporary residence card brings numerous practical advantages for foreign investors, making life and business in Vietnam more stable:
Long-term stay convenience
Foreigners can reside continuously in Vietnam for 5 years without frequent visa renewals or exits, ensuring stability for their business and personal life.
Eligibility for driver’s license conversion
According to Circular No. 12/2017/TT-BGTVT [1] , foreigners with TRCs valid for at least 3 months can apply for or convert an international driver’s license into a Vietnamese driver’s license, allowing free mobility for daily activities and work.
Financial transaction convenience
Holders of a 5-year TRC can open bank accounts, use financial services, and apply for ATM or credit cards to manage investments and personal expenses more effectively.
Property ownership rights
Foreign TRC holders can purchase properties not attached to land use rights, such as condominiums or vehicles – a major step toward long-term settlement in Vietnam.
Temporary residence card service for foreigners at Tan Van Lang – fast, compliant, and dedicated support.
According to Circular No. 219/2016/TT-BTC [2] , the state fees are as follows:
TRC Duration
Government Fee
Up to 2 years
145 USD/card
Over 2 to 5 years
155 USD/card
Over 5 to 10 years
165 USD/card
Additional possible expenses:
Translation & notarization fees – for foreign-language documents.
Printing & administrative costs – depending on paperwork volume.
Service fee – if you use an immigration consulting agency.
Government fees may change. Check the latest updates on the Vietnam Immigration Department’s website or contact Tân Văn Lang via hotline 0907.874.240 - 028.7777.7979
Important Notes When Applying for a 5-Year TRC
Ensure all documents are valid, consistent, and correctly formatted.
Keep up-to-date with any changes in immigration regulations.
Cross-check all details between your passport, investment certificate, and company documents.
All foreign documents must be notarized and officially translated into Vietnamese.
Your passport should have sufficient validity to match the TRC duration.
Prepare and organize your dossier carefully to avoid delays.
Apply for renewal 30-45 days before expiration to avoid penalties or exit orders.
Professional Assistance from Tân Văn Lang
With over 20 years of experience in residence and visa services for foreigners, Tân Văn Lang provides comprehensive consulting and application support for investor TRCs — ensuring accuracy, speed, and compliance. Contact us today: 0907.874.240 - 028.7777.7979
Tôi là Khang Hy – chuyên viên tư vấn với hơn 3 năm kinh nghiệm hỗ trợ người nước ngoài tại Việt Nam trong các thủ tục visa, thẻ tạm trú và giấy phép lao động. Tôi luôn nỗ lực mang đến dịch vụ nhanh chóng, chính xác và tận tâm.
Long-term stay convenience
Long-term stay convenience
