Uglobal Immigration Magazine Volume 2, Issue 1 | Page 80

78 UGLOBAL IMMIGRATION MAGAZINE Portugal’s Golden Visa requires a one-week stay in the first year and two-week stays in subsequent years. These kinds of policies help investors be more flexible in moving and maintaining their businesses. HOW DOES THE GOLDEN VISA WORK IN THE VIETNAM MARKET? In recent years, the term Golden Visa has become commonly known in the Vietnam market. This is occurring as American, Canadian and Australian investment programs face their own issues, such as changing requirements, difficulty regarding source-of-funds documentation and application backlogs. In a developing country like Vietnam, there are a lot of rich people who may have trouble with source-of-funds documentation, which is one reason why EU Golden Visas are becoming increasingly popular. Within the last three to four years, Vietnamese are eying desirable countries like Greece, Cyprus, Malta, Portugal, Spain and Latvia. Vietnamese want EU permanent residency so they can benefit from a good education system, health care and visa-free travel. TRÚC (GIGI) NGUYEN Trúc Nguyễn has 10 years of experience in Canada and New Zealand immigration, specializing in visa applications. She is a former regional manager of a leading education corporation in New Zealand for the Southeast Asia market. She is experienced working with government immigration officers, NGOs and markets through understanding investment trends. This has driven her passion to work in the immigration industry. She is currently marketing manager of Kornova, one of the leading pioneers in Vietnam with 12 years of immigration experience consulting in the United States, Canada and EU.