The answer is yes, but the tax is arised which based on the time. When individual foreign investors have begun carrying out the projects in Vietnam, they won’t ariesed the tax. Until investors have an income from capital investment income. That time, individuals will be subject to personal income tax from capital investment income.
That time, the tax rate for income form capital invesment is applied with a tax rate of 5%[1]
See more information about temporary residence cards for investors in Vietnam:
– What types of temporary residence card for investors?
– What application does investors need to prepare for granting the temporary residence ĐT?
[1] Article 2.3 Circular 111/2013/TT-BTC