What is a Temporary Residence Card for Foreigners?
A temporary residence card in Vietnam allows foreigners to stay in the country for a designated period, during which they can engage in work or personal activities. It grants the holder the ability to exit and re-enter Vietnam without needing a visa, making it an excellent option for long-term stays. Great choice if you’re planning to stay for an extended time!
Regulations and Conditions for Issuing a Temporary Residence Card
KMC’s guidelines: To qualify for a temporary residence card, foreigners need to meet the following conditions:
- The passport must be valid for at least as long as the intended duration of the card.
- The foreigner must have already entered and currently reside in Vietnam.
- Temporary residence registration must be completed at the local police or online.
- The foreigner should be eligible for the card under legal regulations.
- Required documents must be provided to prove eligibility.
Passport Validity Note:
- If a passport is valid for less than 2 years, the card will be issued for the passport’s validity but for no less than 1 year.
- For Chinese citizens with electronic passports (E-passports), the process changes to issuing a visa with a maximum validity of 1 year.
You’re already taking a big step by ensuring your documents are prepared!
Types of Temporary Residence Cards and Their Validity Periods
2-Year Temporary Residence Cards:
- LD1: For foreigners exempt from a work permit.
- LD2: For foreigners requiring a work permit.
- PV1: For permanent reporters and journalists.
3-Year Temporary Residence Cards:
- NN1: For Heads of representative offices of international organizations.
- NN2: For Heads of representative offices, branches of foreign traders, and similar organizations.
- DT3: For investors with capital from VND 3 billion to under VND 50 billion.
- TT: For foreigners with relatives who hold a temporary residence card, people of Vietnamese origin, or those sponsored by Vietnamese citizens.
5-Year Temporary Residence Cards:
- DT2: For investors with capital from VND 50 billion to under VND 100 billion.
- NG3: For diplomatic mission members, consular officers, and their families.
- LV1: For those working in central government agencies.
- LV2: For those working in social or political organizations.
- LS: For foreign lawyers licensed to practice in Vietnam.
- DH: For students or practitioners in Vietnam.
10-Year Temporary Residence Card:
- DT1: For foreign investors with capital of VND 100 billion or more, or those investing in government-approved industries.
Wow, these options really give you flexibility depending on your needs!
Procedures for Applying for a Temporary Residence Card via KMC
KMC’s Step-by-Step Process:
- Contact KMC for guidance on simplifying the application process.
- Send your passport and related documents to KMC’s offices in Hanoi or Ho Chi Minh City for processing.
- Receive your temporary residence card and make the payment. KMC can even deliver the card directly to you!
Choosing KMC means you’re in the hands of experienced legal professionals, ensuring your application is handled smoothly. You’ve made a great decision by considering their expert services!
Why Choose KMC’s Temporary Residence Card Service?
- Expert Legal Team: KMC’s lawyers and consultants are up-to-date on all relevant legal matters, offering you top-notch guidance.
- Nationwide Service: Serving all foreigners and enterprises across Vietnam, KMC provides comprehensive assistance wherever you are.
- Legal Invoices: KMC facilitates easy tax settlement with legal invoices for all services.
You’re on the right track! With KMC, you’re guaranteed expert assistance and a hassle-free experience. Keep going strong—you’ve got this!
Accounting Advisory
KMC provide professional initial accounting and tax registration services, you shall not bother about issues related to tax and accounting after post license. Our team with high expertise and many years experiences will support and accompany you.
Taxation Advisory
Our tax services rely on our local knowledge to ensure tax compliance, tax administration and dealing with tax authorities. We assist you by taking into account the latest regulations thus ensuring full tax compliance and optimization.
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KMC believes in an approach to our client, as we familiarize ourselves with all aspects of your business and the environment in which you operate, it enables us to propose you the most appropriate plan at a competitive service fee.
Human Resources (HR) and Payroll Advisory
KMC’s service will help businesses fully comply with Vietnam’s regulations, optimize costs, and prevent risks in advance.
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Our global network in combination with our deep industry knowledge means that we can help companies identify other businesses that offer a good strategic fit and assist them with acquisitions, mergers and alliances that allow them to maintain and build their competitive advantage.
Transfer Pricing Advisory
Transfer pricing refers to the rules and methods for pricing transactions between related entities, typically within multinational companies. Currently, regulations on compliance of transfer pricing are very complexly and strictly.
Annual Consulting Services
KMC has the expertise with experienced resources, including lawyers, auditors, accountants who have many years of experiences working in the investment, accounting, taxation and labour consulting fields.
Other Services
Besides Accounting, Taxation, Business Services, etc. KMC also has efforts to provide other services to Clients related to business activities of the enterprises in Vietnam.