How much is a residence permit in Vietnam?

Navigating the Costs of Residence Permits in Vietnam

Obtaining a residence permit in Vietnam is a crucial step for foreign nationals intending to reside in the country for an extended period. The cost of a residence permit varies depending on several factors, including the type and duration of the permit.

Types of Residence Permits

Vietnam offers various types of residence permits, each tailored to specific purposes and durations of stay. The most common types include:

• Temporary Residence Permit (TRP): Grants short-term residency for up to one year and is typically used for business, tourism, or family reunification.
• Long-Term Residence Permit (LTRP): Provides longer-term residency for up to five years and is suitable for individuals seeking employment, investment, or other long-term purposes.
• Permanent Residence Permit (PRP): Grants indefinite residency status, allowing foreign nationals to reside in Vietnam permanently.

Cost of Residence Permits

The cost of a residence permit in Vietnam comprises several components:

• Visa Fees: A one-year multiple-entry visa, often used as a base for a residence permit application, costs between $135 and $230.
• Residence Permit Fees: Subsequent residence permit fees themselves can range from $50 to $150 annually.
• Processing Fees: Additional processing fees may apply, depending on the sponsoring agency or legal representative assisting with the application.

Factors Influencing Costs

Several factors can impact the overall cost of a residence permit in Vietnam:

• Duration: The duration of the residence permit influences the annual fees.
• Type of Permit: Different types of residence permits have varying fee structures.
• Sponsoring Agency: The agency or organization sponsoring the application may charge additional processing or service fees.

Approximate Costs

As a general guide, approximate costs for residence permits in Vietnam are as follows:

• TRP (one year): $200-$400
• LTRP (five years): $500-$1,000
• PRP: $1,000-$2,000

Additional Considerations

It is important to note that these costs are approximate and subject to change based on current regulations and exchange rates. It is advisable to consult with an immigration attorney or legal representative for the most up-to-date information and guidance on the application process and associated costs. Additionally, foreign nationals may incur other expenses such as health insurance, accommodation, and living costs while residing in Vietnam.