Jul 7, 2025
Set up business in Phu Quoc, invest the money and possibly have the company sponsored for visa and temporary residence card to stay
The Vietnamese Ministry of Planning & Investment is proposing to issue permanent residence cards for foreign entrepreneurs investing at least $5 million and operating in Phu Quoc for over 5 years. This measure is part of broader incentives—such as tax breaks, infrastructure support, and salary allowances—aimed at boosting Phu Quoc’s development as a special economic zone.