How Much Is RICH In Vietnam? Let's Ask Vietnamese!
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- Опубліковано 10 тра 2024
- Cost of Living in Vietnam How Much Is RICH In Vietnam? Let's Ask Vietnamese!
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Grandma said if you have your health you’re rich!
I was born poor in all,ways.
And how old did she become? 😂
She was wise, very solid advice
She is wrong.
If you have your health, you can still have hope. This is why it is most important.
Great snapshot of Vietnam, thank you.
I agree that Vietnam is an open secret to many Europeans as one of the best places to visit or to retire. They will be the next Asian Silicon Valley. Vietnamese are smart, beautiful, and tenacious. I'm a Vietnamese American and U.S. Army vet married to my Vietnamese wife who immigrated to the U.S. in 1974. We've been back and forth to Vietnam since 1992, helping her families and have seen how fast the economy has grown. We'd built a large retirement home and acquired lands in 1999-2000. Thanks to our early land, Bitcoin, and stock investments, I took an early retirement in 2021 from a U.S. Federal government job. We are now living the Vida Loca life of traveling foodies and having the best times of our life. The variety and freshness of the foods in Vietnam are second to none. High-quality electronics like massage chairs, treadmills, and home electronics are better quality than those in the U.S. at a fraction of the costs. Brand name meds, medical, and dental care in Vietnam are also fractions of the cost with some of the best customer services from many European/U.S. trained practitioners. Recently, I've had a whole mouth dental restoration for about $12K. This includes oral surgeries, nasal lifts, bone graphs, porcelain crowns for the whole upper rows front teeth, and four implants. Had it priced in the U.S. for $50K+. We're considered Viet Kieu, so we're able to get 5 years visa. After living here 6 months or more, we've filed paperwork and are able to stay permanently as retirees. We're finally going to sell our home in the U.S. and flip the script by living full-time in Vietnam and visiting our kids in the U.S. as a vacation from Vietnam. We're being pampered with my wife's sisters, dozens of the now grown-up neices and nephews we've financially supported throughout the years. This is the life I'm telling ya! 😂
P.S. I don't pay any taxes on my home and lands in the Ba Ria Vung Tau area. I especially love that I don't have to be burdened my with my 9mm everywhere I go. Gun violence in Vietnam is almost nonexistent. Vietnam, with a population of 100 million people, had one of the best COVID 19 mitigation management in the world. Their deaths and infection rates were in the thousands and not in the millions like it is in the U.S.
These interviews are rock solid. People want to hear from the locals.
The girl studying masters and living with 200$ is so cute 🤩
I was born in Saigon in 1974. I’ve never been back, but i have family there. I would love to retire there.
You should!
@@GeofreyPetersonofficial I have several friends from your era that have never wanted to go back... It's certainly better these days
Thank you for these beautiful interviews!
Danang is one of my favorite city to visit. Will return next April.
Vietnamese people are so nice, and their country is beautiful. Plus, it costs almost nothing to live there.
I went to Danang and Hoian for my honeymoon. I was shocked how nice it was. I had the beach all to myself and the breakfast buffet at the resort were amazing. This was 10 years ago. I want to come back!
Super video man. Interview with locals and hearing their english was amazing
Nice to see prices from a local's perspective. Da Nang has become my new favourite spot in South East Asia, I look forward to head back to Da Nang next January.
Have fun!
Great video GP...very useful information for explorers....
Wow i think the music video is great at the end, i actuslly like the lyrics to the song, because its straight-up chiling and it shows whats available for a person coming to vietnam looking to escape the entire western world countries high cost of everything and just looking to live comfortably while still having a blast at life..........
You definitely earned my sub, (also glad that you actually asked the locals because i always love hear from them as well )
Great video! Thanks for sharing
I was there a couple months ago in HCM. I def over-paid for my place, but it was daily and in D1, nothing to write home about, but nice, clean and did the job (850k/day, 800k/day for 10 days+. Monthly would be 15M + electric).
I figured out even with such a high rent, compared to what else was available for longer term renting, with food (special diet) i would pay about the same or slightly less then I'm paying for just rent here in BKK (ofc Im over-paying here too, bc it's an AirBnB in a nice part of town and it's monthly).
I hearrd Hoi An and Hanoi much cheaper. Da Nang looks nice, esp with a good beach.
Also agree with Geofrey that the interactions, at least that I experienced, were a bit more genuine over there then I found over here and the English isn't bad for those that speak it.
I definitely need to get back there soon and do more exploring!
I like videos from Geofrey ..he actually get down to the detail of local life. Thanks !
Great video - very informative!
I love Vietnamese people and their kind spirit. Can’t wait to visit one day!
Thanks for the video 👍🏻 You really have to think about the exchange rates for everywhere in the world compared to other places
Great Video from an expat living here in Vietnam
Thanks! 😃
I would love to pick your brain. I spent 3 months traveling around Vietnam in 2006. I’m from the U.S. I was thinking of renting out my condo and living in Vietnam for a year. Is it a pain to renew your tourist visa every 3 months? Any other major logistical issues I should plan for ? Thanks 🙏
Thank you for sharing your experience ❤❤❤❤
Viva Da Nang!😎😉Great place I was there pre covid from Hanoi to the Mekong Delta and Ho Chi Minh!Loved it.
Love the video love the channel
Thank you for the video.
Great video.
Thanks!
Thanks for video was great 👍
Glad you enjoyed it
Thank you for this video
My pleasure
Great insight great information loved your video mate I live in the UK and would love to retire in Asia Vietnam looks beautiful reasonable costs and lovely people love to visit soon cheers mate
awesome bro ❤
Vietnam looks like a great place to visit..Hopefully I'll get there this winter..
Been to VN 10 times. I love it there. Very friendly and sweet people. Really good food and awesome coffee. Also beautiful women.
So nice
Great video. Just got back from a month in Da Nang and I could totally live there.
Great chats GP 🤩👌😳 - Interesting
Well documented and good info....Surprising on th monthly......Good food there too for sur....
Interesting video and nice place for expats from the US to retire, except for the risk of losing our social security or disability in my case caused from heavy lifting especially traveling on business trips in my business systems teaching and IT career. My US monthly costs including rent and excluding travel are $1500 a month for everything, leaving about $900 left over for travel which I rarely do. But I live in Phoenix to keep costs low and had to divorce to manage retirement since my wife wanted to keep our home and the high expenses of home ownership.
We moved from California, and she from Mexico where I met her in my business travel, since home ownership and apartment rental are half what it was in the Napa Valley where I was raised. Mexico is not as cheap for expats as Vietnam seems to be, and Vietnam I feel is a safer country, and Asian people I find so polite and so excellent with coping skills, as I found my fiance who was from Zacatecas, one of Mexico's wealthiest cities.
You sound like a season traveler. Five of my six decades on our Creator's world were spent traveling and also (lol) dreaming of the days we humans may travel from Spaceship earth to exotic planets, but since I have not visited Australia or Africa yet there is more to see on Spaceship earth, which I learned snorkeling off of Guam with only fish friends, who kissed me all over, and taking my daughter and ex wife on a sub ride in Honolulu.
Gr8 well done video with a lot of research and the very professional approach to a country, though in a war with ours, was never my enemy since the war ended in '75 when I was still a boy, or an enemy of those drafted to go there who survived what our politicians told them to do. They ended the Genocide in Cambodia and as you have shown, have given their people with the help of tourist dollars a chance to live. One must remember based on what they earn, though inexpensive to us, is only obtained thru hard work and respect for their homeland and its varied subcultures, like ours, and ecology and scenic beauty.
I have to give it to you😂I really enjoy watching your videos!
One of the girls said she owns her own house. How is that possible when no one is allowed to own property in Vietnam.
What are you talking about? Of course you can own property in Vietnam, this isnt North Korea.
@@Dark_Vader888 Ok but can an foreigner like me buy a house there?
@@kazero8759 you can buy a house, but you aren’t own of the land!. Honestly, buying anything that is not freehold you own for life is just stupid! . Why buy a lease for X amount of years absolutely sounds dumb!. Why would anyone buys a property on a lease for 50 years. I strongly recommend in renting instead because rent in Vietnam is extremely affordable.
@@tirsobautista6875 Yea that's what i thought too, but i'm not a big fan of renting anything so Vietnam is off the list for me.
@@kazero8759Mới có chính sách mới cho người nước ngoài được mua nhà.
If you work at a restaurant or some companies, owners could possibly offer you fully free daily expenses plus your salary.
Thank for your video and welcome to Vietnam! The music clip in the end is pretty cool 😎 😅!
Interesting , thanks .
Just got back from another 3 weeks there .
Saigon , Buon Ma Thuot , Da Lat and Nha Trang .
Sadly time ran out for more .
So just paid hotel bills :-) ,
Not really in one place to rent an apartment , other via Air Bnb etc .
Found a nice place in Nha Trang , hotel 100m from the beach .
800k dong / night , including a huge buffet breakfast .
Do the math for the month :-)
So 400k for a decent lobster cooked on the beach was a bargain , in the restuarants 50 m away was 700k + , beach beers 12k :-) , no joke !
No , do not eat lobster daily , that said , hook up with a small fisherman , seafood is great there .
Forget price of scooter hire , way less than taxi fares .
Was a little worried about you being upfront , guess you had that sorted before :-)
Lady on the beach was an honey .
Taxi guy , practical , family first . Families are big there :-)
At the end of the day ' How big is your wallet' :-)
The folks you chatted with , work . And can still afford a dental plan :-)
The beach /sea there seems better than Nha Trang , what happens after the dragon ?
That said had a great time with some local youth on the way home from the Sailing Club , forced me to join them , drink their beer and eat the fresh prawns cooked right there .
Will be back next year , maybe after Tet .
Have a good day .
Wasn't expecting the song at the end
OMG , that is a busy beach . Just passed through 9 years ago from Hue to Hoi An , On the other hand , nice to see all the ladies on the beach .
Rich ....spending more on the same things .
Vietnamese women looking fine as hell. 🙏
Yep and sweet
@@GeofreyPetersonofficial yes I was married to one for 7 years 👍
All I can say be careful. No such thing is free lunch. Marry one like marry 10.💔
Taxi driver was awesome!
Big Baller = Big Spender
Cant wait toove to vietnam. Went there with my girl who is originally from there and fell in love with the country
Just Left district 7 in April when the heat wave hit. I go every year but my 2 favorite places are Da Lat and NHA Trang. Danang is a little too crowded for my taste's thx for the share okay 😁👍
IN SÃO PAULO BRASIL 3 GENERECTIONS LIVE IN ONE HOUSE OR LITLE LAND 5X25 METERS IN THE HOOD WITH 800 DOLLARS PER MONTH. Poor family.😢
3 generations in 1 home makes sense. Imagine how cheap that makes living.
It's pretty normal in Asia and there are a lot of benefits, especially if you have kids, grandparents are built-in babysitters. And Asian grannies are great cooks.
Having lived in Saigon from 2017 to 2021, I lived like a queen on about $2200/month. I'm living in Da Nang now, which is far less crowded and I'm good on about $1200/month. I'm watching my money a little as I'm trying to save money to move to Taiwan.
@@delfin7461 I think it's common practice in many parts of the world. it seems like moving out asap is majority an American thing.
@@naranja1972Oh for sure. It's really the whole Anglo world
@@delfin7461 my mother in law smokes cigarettes and reads books all day. Nothing else.
@@MrJim5280 that sounds about right 🙂
I’m American and my dream is to go to Ho Chi Minh City for a vacation!
Nice Vlog, brother 🤨
Thanks ✌️
This makes me feel better. I am 32 my lady is 27 were retired and bring in about 8k a month in our retirement or 2 mil dong. This sounds better than thailand
You retire @ 32?
$500 - $800 is just basic living . No trips around Asia, health care, not much entertainment, etc etc.
Been to Vietnam 7 times last 10 years & all over Asia.
$2000 is more realistic for western expectations
IM A NEW SUBSCRIBER I LIKE YOUR CHANNEL VERY MUCH !GOD BLESS YOU
welcome
That conversion is a killer, me going to the store and give them all change in millions lol. 😂
Hanoi is more crowded than this place, Danang? That's US beach crowded. Very close if not.
I'm glad they speak English to help with tourism and acceptance of Americans coming over there , and just over 50 yrs ago that country had a horrible war going on
Its amazin’!
Hi
I know Vietnam don't have any "permanent visa"
so is it possible to renew every 30-90 days and just come back? Even if doing it for several years?
Yep it's possible bro
@@khangphung9261 Brilliant, thanks for the answer!
Theo luật mới bạn có thể gia hạn 90 ngày. Ngoài ra chi phí đường bộ đến nước láng giềng cạnh VN cũng rất rẻ ( Laos, Cambodia ). Bạn có thể bỏ ra 50$ để du lịch đến các nước đó 1,2 ngày rồi sau đó trở lại Vietnam với 90 ngày visa mới.
@@ocmanga5685 Thank you very much for the answer!
They speak very good English.
Excellent, wonderful, much needed information, thank you so much, much love from India ❤❤❤
You are so welcome!
Great prices but is there true market transparency? Can foreign people get the same deals? 😮
Beautiful people!!!
I love danang. I want to live like a king 😅
whaddup !!! GP !
any tertiary instituions teaching Economics programs in English?
Yes there's a UA-camr who does. The country (if no war happens) is upwardly mobile right now. They are growing again. It's wild to see how big Vietnam will be in 3 years.
Love Da Nang. We will be back!
If i move to nam do i need to leave the country every 3 months and return in one day ?
Geofrey, in case you don't know it's our culture that the kids are supposed to live in the parent's house. If for some rare situations, the parents must kick the kids out off the house, the parents will be ashamed to face the relatives and neighbors. This is the reason the foreigners don't understand why even the childrens already have kids of their own but still provide housing and foods for the grand parents when they get old and retired. It's a burden for the parents when the kids were young but then it goes around they will take care of the parents when they got old. 3 generation family is the norm in Vietnam. Even when the kids got rich and can afford to buy a nice bigger house, it's the parents choice if they want to move to new place no problem. They'll keep in touch.
Da Nang is cheaper than Hanoi or HCMH and I still easily spent more than 1.5 mil per day. I do tip though. The prices at Lang Ca were already eye watering: $500 lobsters....lol.
Maybe because of our culture so we tend to live with our parents for a long time (family oriented). Like if they're from Hanoi and they have jobs in the same city then will live with their parents.
But if people from another city want to come to Hanoi for works, then they will have to rent.
Of course expenses will be different for each people, but for 1 normal person (without kids) I would say: around 200-300$
Wife was born in Saigon 1969.
Hmm that beach was busy , way more than Nha Trang "Moscow by the sea '
I thought Phuket is the new Moscow by the Sea now.
Local's POV is where it's at.
Since every Vietnamese family possesses at least 1 million dollars, I would consider they themselves are all rich.
LOL 😂😝
Dongs you ding dong😂
God bless these young people. In fact life is difficult for them and they have to stretch their money like crazy.
4:43 this girl probably lives in a room with 10 other girls all sleeping together.
These girls come from the provinces and have to make ends meet. Lots of them end up in bad jobs dealing with tourists.
Vietnam is changing a lot. I wish these people happiness in life.
Danang is much safer and cheaper than hcm. The way its being governed are huge difference. Recommended Danang to everyone.
Awesome people
British tourist here I've just spent 3 weeks in vietnam traveling from Hanoi to ho chi minh, I've spent about 15-20 million in 3 weeks 💀 granted I've been doing touristy stuff and going on day trips. Drinking in touristy places. But I would love to come back and rent somewhere for a month and see what I could do it on a budget
Wow! Filipina women have such different attitudes compared to women in the US. No one feels the need to twerk or show their butt. I hope that little 19 year old does well. I really should look into Vietnam. Danang?
My lady friend of two years from Vietnam tells me a different story. She says the cost of going there to see her family for a month is expensive.
Tốn kém là do mua quà, nếu không có thì có vấn đề gì đâu ?
I will travel to Vietnam from Philippines
I shit $100 a day in America, I'm trying to move out bruh haha
Dear Lord thank you for bringing peace to these people. RIP to every victim of that horrible war.
2 many ppl on the beach.
Its a shame there is no retirement visa for Vietnam, how can stay long term?
I think you have to go get your visa renewed every couple a months outside Vietnam
Bucket list added to my future retirement travels. 🎉😊
“… if you eat lobster every day”? What kind of question is that kind of disrespectful.
GP can you actually live here on 1000 US dollars per month and live really well
You can live cheaper than Philippines at the present time. BUT you have to put up with OTHER SH!T that isn't feasible for everyone.
Plenty of beautiful women ❤
im from Austria and i live in Vietnam since 2 Years. I earn 32-34 mio Dong per Month with a Parttime Job. Fulltime i dont like cause for me and my Wife we can live very good with this Salary. My Wife she is a vietnamese. She earn 10 Mio monthly.
Which is cheaper Vietnam or Cambodia?
Those Viet girls are sweet.
say no to western fat femnist😂
And to think we were at war with them. What was it all about?
You ask woman ...but they date..men mostly ..
What kind of Healthcare do you get when a month's salary is less than McDonald's?
If i didn't know better GP, id say this was just an excuse to talk to pretty girls 😂.
Honestly tho, it looks an incredible place. A beautiful city with warm and welcoming locals.
so...i was in vietnam dec1968-dec1969. my income is $6500 a month net. that's around $190 million. i'm leaving.
Great presentation.
So much better than listening to utubers bullshit on.
Seafood dinner for 2 ..1.6 million , lunch for 2 500k breakfast for 2 300k , hotel cheap one 400 k .. drinks ..
Cheaper dinner for 2 500?
Yes
How much money is considered rich for a vietnamese in vietnam?
Yes
About 1M usa bro !
Đặc thù của Người Việt Nam là tiết kiệm , để dành . một gia đình bình thường lúc nào cũng có khoảng 25.000- 50.000 usa gửi ngân hàng , gia đình khá giả 250-1M usa gửi ngân hàng, ngoài ra còn có bất động sản..., gia đình giàu có khoảng 1M usa trở lên , bất động sản ... Nhờ các chính sách đúng đắn của chính phủ người dân trong nước có cuộc sống và tài chính ổn định !
@@ongtran3412really?
@@user-we6bk8kt1s bạn là Tây nói tiếng Tây rồi để ý việt nam làm gì ! Tin hay không bạn chỉ biết chúng tôi mua xe, mua nhà chỉ bằng tiền mặt thôi , tốt nhất là bạn đừng tin!!!