Are you considering making Vietnam your permanent home? A Permanent Residence Card (PRC) could be the key to unlocking a long-term stay in this vibrant country. In this guide, we'll walk you through the conditions, application process, required documents, and the role of VIVA Business Consulting in facilitating your journey towards permanent residency.
Conditions for Permanent Residence Card Application
Foreigners eligible for a PRC must meet specific criteria:
- Legal Residency: Applicants must be legal residents in Vietnam.
- Residence Duration: A minimum of 3 years' residency in Vietnam is required.
- Stable Income: Demonstrable stable income to support living in Vietnam.
- Sponsorship: Foreigners can be sponsored by Vietnamese family members – parents, spouses, or children who are citizens permanently residing in Vietnam.
Documents Required for PRC Application
The meticulous PRC application process necessitates the submission of several documents:
- Duly Copy of Passport: Ensure a clear and complete copy of your passport.
- Application for Permanent Residence: A detailed application form outlining your intention.
- Guarantees of Vietnamese for Foreigners: Proof of sponsorship or support from Vietnamese citizens.
- Police Clearance: Issued by the competent authority of your home country.
- Diplomatic Note: A formal request from the representative office of your home country to allow permanent residence in Vietnam.
- Proof of Eligibility: Documents such as marriage registration, residence temporary card (for 3 consecutive years), financial proof (business license, bank account balance), and accommodation documents (lease agreement, property ownership certificates).
Renewal of Permanent Residence Card after 10 Years
For those seeking to extend their stay beyond a decade, the renewal process involves:
- Request for Renewal: Submit a formal request for PRC renewal.
- Duly Copy of Passport: A clear and complete copy of your passport.
- Processing Time: Expect a 4-month processing period from the date of dossier submission.
- Validity: The renewed PRC is valid for another 10 years.
About VIVA Business Consulting
VIVA Business Consulting, with its extensive experience since 2006, stands as a trusted ally for foreign investors seeking seamless entry and compliance in the Vietnamese business landscape. Specializing in business laws, employment relations, tax and accounting, corporate finance, and corporate services, VIVA offers a one-stop business platform for companies from various corners of the globe.
Why Choose VIVA?
- Local Expertise: VIVA boasts in-depth knowledge of local business compliance procedures.
- Trusted by Thousands: A track record of trust from multinational companies across Europe, Japan, Singapore, India, Korea, and the USA.
- Tailored Services: Exclusive and tailored services to ensure optimal market entry and compliance.
Conclusion
In your quest for permanent residence in Vietnam, let VIVA Business Consulting be your guiding partner. With a commitment to legal compliance, expert knowledge, and a client-centric approach, VIVA has been the go-to choice for numerous successful businesses. Explore the path to your Permanent Residence Card with confidence, knowing that you have a reliable partner in VIVA.
