BENEFITS OF VIETNAM TEMPORARY RESIDENCE CARD (TRC)

BENEFITS OF VIETNAM TEMPORARY RESIDENCE CARD (TRC)

What is Vietnam temporary residence card (TRC)?
The temporary residence card (TRC) can be considered as a long-term visa issued by the Immigration Department to foreigners who are permitted to reside in Vietnam for a term of one to three years and a maximum of five years and are valid as visas. Persons with temporary residence cards shall be exempt from visas when leaving or entering Vietnam for the duration of their temporary residence cards.

The following are the people who are eligible to apply for TRC in Vietnam:
A foreigner with a Vietnam Work Permit that is valid for not less than one year, at the time of applying for TRC;
Foreigners who also are members of diplomatic missions linked to the United Nations (UN), their spouses, children below the age of 18. On the same note, housemaids, who go along with the term of office, are typically given TRC with a symbol of NG3.
Foreigners granted LV1, LV2, ĐT, NN1, NN2, DH, PV1, LD, TT visas are issued with TRCs with symbols that are related to visa symbols.
BENEFITS OF VIETNAM TEMPORARY RESIDENCE CARD

– As a foreigner who has been issued with a TRC, you have the right to buy apartments in Vietnam with ease. This can be a fantastic move for you, especially if you intend to venture into the real estate industry.
– Moreover, you can still buy a house or houses on that note, implying that you can acquire a home of your own or simply venture into the construction industry. You can build and sell houses in Vietnam without any restrictions. However, as a TRC holder in Vietnam, you are required by the Ministry of Construction in the country to ensure that any real estate issues are solved amicably. This means that your real estate business must be clean for you to be allowed to conduct this business in Vietnam. In a nutshell, you need to be certain that your real estate clients are always satisfied by offering high-quality real estate services.
– As a foreigner with TRC is allowed to live in Vietnam for a set period (usually one to three months for traditional visas), while your TRC still remains valid/legal (usually one or two years) without leaving Vietnam.
– As a foreigner with TRC, you will save a lot of money by acquiring a TRC. This is because you will not have any reason to apply for a visa extension multiple times. This also helps save on a lot of travel costs and inconvenience at immigration the airports.
– As a foreigner with a TRC, you have the right to engage in trading activities of your choice freely. Moreover, you have the right to fall in love with someone and get married without any issue in Vietnam.
What documents are required for a temporary residence card for foreigner?
In order to get a Vietnam temporary residence card, these following documents are required
1. Foreigner’s passport
2. 02 3cm x4cm size photographs
3. The document of guarantee companies: business license, certificate of investment, introduced Dispatch seal and signature of the legal representative
4. The documents that demonstrate the purpose of staying in Vietnam: work permit, work contract, appointed to the position in the company
5. Registration form for Vietnam temporary residence card ( N7A & N7B) – This paperwork will be undertaken by visa24gio.vn in case you use our service
PROCESSING TIME
Within 15 working days from the date of receiving full documents.

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