Question
With reference to Vietnamās proposed Golden Visa
scheme (2025), consider the following statements: 1. The Golden Visa will offer validity of 5ā10 years, with possibilities of extension. 2. Vietnamās Investor Visa is proposed for 10 years and includes a pathway to residency. 3. The Talent Visa will be valid for 10 years and is non-renewable. 4. Pilot projects for the scheme are likely to begin in Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc. Which of the above statements is/are correct?Solution
ā¢ Statement 1: Correct. The proposed Golden Visa will be valid for 5ā10 years, extendable, aiming to attract global talent and wealthy investors. ā¢ Statement 2: Correct. The Investor Visa is proposed for 10 years with a residency pathway, making it a key instrument to draw long-term capital. ā¢ Statement 3: Incorrect. The Talent Visa is for 5 years, and unlike the statement, it is easily renewable, designed to retain artists and professionals. ā¢ Statement 4: Correct. Pilot programs will be launched in Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc, Vietnamās major economic and tourism hubs. Thus, the correct answer is 1, 2 and 4 only.
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