
General articles are free for 24 hours after publish.
Vietnam to Significantly Increase Citizenship and Naturalization Fees for Foreigners
The Vietnamese government has issued a decree significantly increasing fees for foreign nationals seeking citizenship and naturalization. This move, seen as part of efforts to secure state revenue amid sustained economic growth, could impact the influx of foreign talent into the country.
The Vietnamese government has issued a decree significantly increasing fees for foreign nationals seeking citizenship and naturalization, with the new regulations set to take effect on August 1. Under the revised rules, the application fee for foreign spouses seeking Vietnamese citizenship through marriage will rise by 67% from the current VND15 million (approximately US$834) to VND25 million (approximately US$1,390) per application. For other foreign nationals applying for Vietnamese citizenship through the standard naturalization process, the fee will also see a substantial jump, increasing from VND50 million to VND75 million. Furthermore, the declaration fee for children with dual citizenship to formally choose Vietnamese citizenship will double, from VND1 million to VND2 million. Vietnam is the most populous country in Southeast Asia, with its population estimated to be between 283 million and 288 million people. In recent years, Vietnam has experienced remarkable economic growth, attracting significant foreign investment. However, the country also navigates its one-party system of governance and faces social challenges arising from rapid development. This fee increase is understood to be part of the government's efforts to bolster state revenue. As Vietnam continues its economic expansion, interest in the country remains high, with many foreigners expressing a desire to reside, work, or obtain citizenship. The substantial hike in these fees may potentially influence the influx and settlement of foreign talent in Vietnam.
Original source
VnExpress International