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For the past few years, Vietnam has always been among expatriates' top choices when it comes to retirement and business operations. When this country’s visa policy is still stiff and inappropriate compared to other nations in Asia, then Vietnamese citizenship may be the ultimate solution for all.

Here we listed five out of a plethora of reasons to acquire Vietnamese citizenship right now!

The perk of travel with visa-free

As a foreigner, you are only exempted from a Vietnam visa if meeting certain requirements. Otherwise, you may find yourself bothered by the hassle of visa applications, visa renewal/extension, or visa run to countries that share regional borders with Vietnam. Therefore, getting Vietnamese citizenship is the best because you only need a valid passport, and you can enter and stay in Vietnam as long as you wish. 

Besides, Vietnamese passport holders are eligible for visa waiver schemes of most Southeast Asian countries, a privilege that even world-powerful passports such as Australia and the US do not enjoy. 

Administrative procedures are no longer a hassle

They are healthcare documents, insurance contracts, proof of pension, etc for foreign retirees, and local bank account opening or tax payments for international businesses. There are countless paperworks that foreigners have to carry out when doing business/living in Vietnam. When administrative procedures exclude international elements with Vietnamese citizenship, every step will be simpler and quicker. You will only need to read and adhere to Vietnamese laws and regulations when consular processes operate in Vietnam.

Access to legal rights like locals

Alongside stated obligations as Vietnamese citizens, foreigners who obtain citizenship in Vietnam are protected by regulatory laws and enjoy certain legal rights like locals. 

For example, foreign retirees are entitled to access healthcare services provided by the state, and they may have responsibilities related to public health. Speaking business-wise matters such as contract disputes, fraud, and other claims under local law are facilitated by holding a Vietnamese passport.

Real estate ownership

People with dual citizenship can buy and have their names on the Certificates of land use rights like Vietnamese citizens without being limited to the same rights as foreigners. People with dual nationality, one nationality being Vietnamese, are still recognized as Vietnamese citizens with full rights and obligations to the State of Vietnam.

Affirm the prestige of businesspeople

In today's business world, successful entrepreneurs’ achievements are not only evaluated based on the amount of assets they own, but also on the scope of their operations, the size of their network both domestically and globally, and the diversity of nationalities they possess. 

Obtaining Vietnamese citizenship can elevate their standing, and reputation, and allow them to act as a representative for their company when conducting business within Vietnam. Moreover, having Vietnamese nationality also grants their family members and children the same benefits as local people.