Steps on How to Apply for a Bangladesh Investor Visa

If you plan to lay out your money on an investment in a foreign country, look no further than the People’s Republic of Bangladesh. It requires you to hold a valid Bangladesh Investor Visa.

Undoubtedly, Bangladesh has so much to offer foreign investors who want to get involved in the country’s economy. Foreign investment holds a significant role in Bangladesh’s rapidly growing economy. There are many reasons to invest in Bangladesh. Among these is that the country is politically stable and has a fast-paced economy. Besides, numerous investment opportunities are open to foreigners who meet all the criteria.

This blog post will discuss the Bangladesh Investor Visa application process, including its exemptions, requirements, fees, processing time, duration, and more.

Who Needs to Apply for Bangladesh Investor Visa?

A Bangladeshi Investor Visa is a type of visa that authorizes foreign nationals to enter the People’s Republic of Bangladesh, particularly for investment purposes.

Before applying for this visa, you must possess a reference letter from Bangladesh Export Processing Zones Authority (BEPZA) or Bangladesh Investment Development Authority (BIDA).

How Much does Bangladesh Investor Visa Cost?

Most applicants for Bangladeshi Investor visas are required to pay an application fee, depending on their country of origin. They have to pay the fee in United States Dollars or Bangladeshi Taka, as stated by the diplomatic mission in their country.

You can surely apply for a Bangladeshi Investor Visa at no cost supposing that you are applying from one of these countries.

U.S. Virgin Islands
Wallis and Futuna Islands
East Timor
Swaziland
Bermuda
Antigua and Barbuda
United States Minor Outlying Islands
Holy See
Saint Vincent & Grenadines
The British Virgin Islands
Bhutan
People’s Republic of Congo
Anguilla
Georgia
French Guiana
South Georgia & South Sandwich Islands
Barbados
Samoa
Cape Verde
American Samoa
French Southern and Antarctic Lands
Grenada
Bouvet Island
Gibraltar
Cocos (Keeling) Islands
Zambia
Pitcairn
The Cook Islands
Saint Helena
Christmas Island
The Cayman Islands
Dominica
Slovakia
Ecuador
Western Sahara
Fiji
Monaco
San Marino
Aruba
The Faroe Islands
Heard and McDonald Islands
Micronesia, Federated States
Gabon
Saint Pierre and Miquelon
The Turks and Caicos Islands
Guadeloupe
Netherlands Antilles
The Gambia
Guinea-Bissau
Equatorial Guinea
Puerto Rico
Botswana
New Caledonia
Greenland
Andorra
Norfolk Island
Yugoslavia
Ireland
Haiti
Tokelau
Malawi
India
British Indian Ocean Territory
Mayotte
Antarctica
Guernsey
Jamaica
Burkina Faso
Guinea
Saint Lucia
Liechtenstein
The Marshall Islands
Sao Tome and Principe
Macedonia, Former Yugoslav Republic
Jersey
Montenegro
The Northern Mariana Islands
Martinique
Falkland Islands (Malvinas)
Namibia
Serbia
Nauru
Israel
Lesotho
Palau
Isle of Man
French Polynesia
Guam
Niue
Svalbard & Jan Mayen Islands
The Solomon Islands
Seychelles
Togo
Reunion
Saint Kitts and Nevis

However, the Bangladesh Investor Visa fee ranges from $1 to $350 for nationals of countries who have no exemption for the application fee.

Since the exact amount varies depending on the applicant’s country, you must contact the Bangladeshi embassy or consulate in your home country.

Processing Time of Bangladesh Investor Visa

The application processing for Bangladeshi Investor Visas takes at least five working days. In no more than two weeks, you should receive a notification from the embassy or consulate regarding your visa application to the country.

The processing time can take up to one month, depending on the Bangladeshi embassy or consulate in your home country.

Bangladesh Investor Visa Requirements

Below is a list of the documents required for Bangladeshi Investor Visa applications.

A valid passport
A printed copy of a filled-out application form for the Bangladesh Investor Visa
Two (2) photographs, featuring a dimension of 45 mm x 35 mm and a maximum size of 300kb. The photos must also have a white background and be in JPEG format.
A recommendation letter from BEPZA or BOI in Bangladesh. This helps to prove that you are truly an investor.
Receipt for Bangladesh visa application fee
Old passport (if any)

You must also have an accessible email address to apply for the Bangladesh Investor Visa.

How to Get Bangladesh Investor Visa

The following are the steps involved in getting a Bangladeshi visa for investors.

Assemble your supporting documents
Fill in all fields on the Bangladesh Investor Visa application form online
Contact a Bangladeshi embassy or consulate for a visa appointment
Submit all your supporting documents in person
Anticipate a notification from the Bangladeshi diplomatic mission

Step 1: Assemble your supporting documents

The first thing to do is get an investor visa to the People’s Republic of Bangladesh involves gathering all documents essential for your application.

Possessing all the required documents is essential for a successful visa application.

Step 2: Fill in all fields on the Bangladesh Investor Visa application form online

The second step in getting Bangladesh Investor Visa is downloading the Machine Readable Visa Application Form. After downloading the form, you have to fill it out completely, as well as submit it online.

Print out the completed application form and initiate your visa fee payment.

Step 3: Contact a Bangladeshi embassy or consulate for a visa appointment

Next, you are required to schedule an appointment with a Bangladeshi diplomatic mission in your home country.

The best way to do this is to place a phone call.

Step 4: Submit all your supporting documents in person

The fourth step in getting Bangladesh Investor Visa is to submit all supporting documents to a Bangladeshi diplomatic mission.

Step 5: Anticipate a notification from the Bangladeshi diplomatic mission

Afterward, you can start hoping for the Bangladeshi diplomatic mission to decide on your investment visa application. Once approved, you can book a flight to any international airport in the People’s Republic of Bangladesh.

Duration of Bangladesh Investor Visa

An investor visa for the People’s Republic of Bangladesh is valid for not more than one year. It may allow for single, double, or multiple entries using the same visa.

Be sure to leave the country on or before your visa’s expiry date, as the Bangladeshi Department of Immigration & Passports does not condone overstaying your visa.

To apply for your visa extension, you must provide a request from the company or organization involved and a reference that proves the ongoing investment.

Countries whose Nationals can Apply for Bangladesh Investor Visa Online

Citizens of the following countries can apply for Bangladesh Investor Visa online by completing the Machine Readable Visa (MRV) application form.

New York, USA
Dubai
Manchester
Canberra
Birmingham
Abu Dhabi
Thimphu, Bhutan
Kolkata
Hong Kong, China
Canada
Tripoli, Libya
Bagdad, Iraq
Los Angeles, USA
Mumbai, India
Brazil
Portugal
Cairo
Kuwait
Istanbul
Stockholm
Rome, Italy
Beirut, Lebanon
Islamabad
Toronto, Canada
Doha
Mexico
Germany
Belgium
Austria
London
Sri Lanka
Hanoi
Nairobi
Athens
Yangon
Manila, the Philippines
Korea
Abuja, Nigeria
Beijing
Amman
Madrid
The Maldives
Jeddah
Copenhagen, Denmark
Manama
Kunming
Jakarta
Agartala
Washington, United States of America
Morocco
Brunei
Thailand
Muscat, Oman
Addis Ababa, Ethiopia
New Delhi
Moscow
Paris
Ankara
Kuala Lumpur
Riyadh
Singapore
Karachi
Switzerland
Tashkent
Algiers, Algeria
Nepal
The Hague, Netherland
Milan, Italy
Warsaw, Poland
Pretoria, South Africa
Tokyo, Japan
Mauritius

Frequently Asked Questions (FAQs)

Can a foreigner invest in Bangladesh?

A foreign national can invest in the People’s Republic of Bangladesh. This is because visa holders can get many benefits for entering the country for investment purposes.

Can I apply for Bangladesh Investor Visa online?

Yes, applying for Bangladesh Investor Visa through the internet is possible. The visa has a smooth application process that takes two weeks.

Is it easy to get Bangladesh Investor Visa?

Getting an investment visa for the People’s Republic of Bangladesh is relatively easy. You can apply for one online.

How long does it take to get Bangladesh Investor Visa?

It takes five working days to a maximum of two weeks to get an investor visa for the People’s Republic of Bangladesh.

What are the documents required to apply for Bangladesh Investor Visa?

Foreign nationals who want to apply for a Bangladesh Investment Visa must possess certain documents, namely a valid passport, a filled-out application form, two photographs, a visa application fee receipt, and a reference letter from BEPZA or BOI in Bangladesh.

How long can I stay in Bangladesh with an investor visa?

With a valid Bangladesh Investor Visa, you can stay in the country for up to one year. It is allowable to apply for its extension before its expiry date.

Is Bangladesh suitable for foreign investors?

Yes, the People’s Republic of Bangladesh is an excellent place to invest for several reasons, such as its low-cost workforce.

What are the investment opportunities in Bangladesh?

Some investment opportunities in Bangladesh include ICT, agribusiness, electronics, leather, textiles, light engineering, and energy products.

Conclusion

To sum up, Bangladesh Investor Visa is the best option for those looking forward to having an investment in the country. The visa creates possibilities for several benefits to foreign investors.

Foreign nationals who wish to invest in Bangladesh should consider applying for this visa. In addition, you can reach out to our team supposing that you have some other concerns about visiting, working, studying, or immigrating to the People’s Republic of Bangladesh.

Thanks for reading!