Is Vietnam Good for retirement?

The good news is Vietnam's low living costs rank it in the Top 10 Best Countries To Retire. That $1000 monthly budget includes a comfortable lifestyle with frequent meals out, a western-standard apartment, maid service, and an active social life.

Can a foreigner retire in Vietnam?

Unfortunately, a retirement visa is still not available yet in Vietnam. So for foreigners who would like to stay longer in Vietnam, they will have to apply for a business visa or a tourist visa, however, due to recent updates to the immigration law, a business or investor visa is the only way forward.

How much do you need to live comfortably in Vietnam?

Cost of Living in Vietnam: $700 to $1,400 per month

$700 on the low end of the range, up to $1,400 for mid-range expats. This averages living costs across many months—you may spend more getting set up, but many expats average $1,000 per month.

Are Americans retiring to Vietnam?

Americans are retiring to Vietnam, for healthcare and standard of living (2019) | Hacker News. "The government won't say precisely how many American retirees live in Vietnam.

Can a foreigner live in Vietnam?

Vietnam as an Expat Destination

Vietnam has become increasingly popular as an expat destination in recent years and it is now recognized as a safe place for foreigners to live and work. Expats are attracted by the nice weather, low cost of living, lively culture and the steady improvements in Vietnam's infrastructure.

Pros

Is it cheaper to live in Thailand or Vietnam?

Overall. Overall, the cost of living in Vietnam is lower than Thailand, even in a major city such as Ho Chi Minh City. As an expat, you can expect to pay about 20 to 30% less than you would in Thailand, although not everything will be more affordable.

Can I collect Social Security and live in Vietnam?

Retirees who are U.S. citizens are entitled to continue receiving benefits for as long as they live outside the United States. However, citizens of other countries who receive Social Security may have some restrictions on how long they can receive benefits while outside the United States.

Can you live in Vietnam permanently?

Finally, the permanent residency permit is for foreigners who have lived in Vietnam for at least 3 years, who previously had a temporary residency permit and who can prove they have had a stable income during their time in Vietnam. Permanent residency cards need to be renewed every 10 years.

How much does a house in Vietnam cost?

The average home in Vietnam costs approximately $4,500. Monthly rent varies, but the average cost is about $650, and this price often includes utilities. While violent crime rates are fairly low across Vietnam, many cities experience a high rate of property-related crimes, such as petty theft and burglary.

Where do most expats live in Vietnam?

Where Do Expats Live in Vietnam? Expats primarily live in Ho Chi Minh City. Boasting over 100,000 expats, Ho Chi Minh City has English Centers and expat communities. You can enjoy a busy nightlife, engage in business ventures, and meet tons of new people.

Can you buy property in Vietnam as a foreigner?

The compelling points of the Law on Residential Housing (LRH) which dictate foreign property ownership include: Foreigners are permitted to purchase a property just by having a travel tourist visa. Foreigners are permitted to purchase a limitless number of real estate units in the country.

Why are Americans moving to Vietnam?

More than 58,000 U.S. service members died in the war, and since it ended in 1975, innumerable American veterans have returned to Vietnam, seeking understanding, forgiveness or reconciliation. Now some are coming for more mundane reasons: inexpensive housing, cheap healthcare and a rising standard of living.

What is the cheapest country to retire to?

Where is the best place to live in Vietnam?

How many American expats live in Vietnam?

In the northern city of Hanoi, you can find many teachers. There are also American expats who fought in the war sprinkled all over the country. There are an estimated 100,000 expats living overseas in Vietnam.

What happens to your Social Security if you move to another country?

If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.

How long can you stay in Vietnam with a US passport?

Currently, the US passport holders can get a 30 days single entry tourist visa only which is issued in the form of a loose-leaf visa and must be obtained before departure for Vietnam (it is known as Vietnam e visa or electronic visa).

Is Vietnam safer than Thailand?

Both countries are roughly the same in terms of safety, with Vietnam having a slight advantage. Scams are a greater risk than violent crime, which isn't really an issue. Thailand is slightly more prone to fraud and petty thefts, but only because it's more popular with tourists.

How safe is Vietnam?

According to the 2019 Global Peace Index, Vietnam ranks 57th out of 163 countries in safety—well above the United States in the 114th position. In today's Vietnam, violent crime is rare.

Is Vietnam hotter than Thailand?

Weather: Thailand Is Hotter Than Vietnam

The so-called cool season is drier and more comfortable but temperatures still easily reach 20°C and higher. Vietnam has a more diverse climate. The south is divided between wet and dry seasons, which is similar to Thailand.

Is moving to Vietnam a good idea?

It's one of the safer countries in the world, with lower crime rates than France or Greece (and significantly lower than the US). And while Vietnam is not entirely without its challenges, it's generally pretty easy to navigate day to day aspects of life like finding a place to live, shopping, and getting around.

What should I avoid in Vietnam?

Why can't you touch someone's head in Vietnam?

Head and feet actions to avoid: The head is considered the most sacred spot of the body and the foot is seen as the least sacred. You never touch the head of someone else since this is the most sacred spot of their body.