Cost of Living in VIETNAM | Retirement Budget Breakdown
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- Опубліковано 24 тра 2021
- Will it cost you an arm and leg retiring in Vietnam or will you be able to live like a king for less than $1,000?
I am sure you have already watched many videos on UA-cam assuring living in Vietnam is CHEAP. After living here for 5 years, I found that statement is both right and wrong as everything lies in strategic planning and, you should know what real expenses are waiting for you if you want to retire in Vietnam! In this video, we will start first discussing health insurance in Vietnam, then we will talk about accommodation, renting or buying. Third, we will cover what your daily expenses might look like. And finally, we are going to review transportation costs. Join us today, as you are about to find out everything you need to know regarding the average cost of living in Vietnam as a retiree.
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No retirement visas, and visa laws that change overnight make this a very uncertain place to make permanent plans to retire
Live extremely well on $1000 a month or less in a nicely furnished 95sq m 2 bed 2 bath condo in Hanoi I have 3 tvs 3 water heaters 3 air conditioners and a washer drier and oven. I also have a leather sofa custom made matresses, lots of storage, plants and a dining table. Idont drink alcohol. I live with a chef, have a maid and life is great for 600 to 800 a month.
What these videos do is attract digital nomad types who are just looking for a place, any place that can facilitate their type of "independent" lifestyle. What is better is actual professionals that can make a contribution to Vietnam and have a real interest in the local culture, people and language. The sooner a distinction is made between these two groups, the better.
Hey bro! So crazy I was looking on UA-cam "monthly cost of living in Vietnam" and came across your channel again. So interesting! I've made a cost of living video on Da Nang, Nha Trang, Saigon and Phu Quoc as well. But your point of view is very interesting and has given me great tips on how I can improve my next video in Vietnam. Thanks so much for taking your time to create these videos! I know the time and effort it takes. Truly admire what you do!!
Pardon me, but these $800-$1000 live-like-a-king numbers just don't add up, period...and particularly NOT when you talk about living in one of the bigger cities; did I hear $500-$700-$1500 for rent...which leaves very little left for LIVING and FOOD... Also, $15 per person for eating out sounds a little over the top, unless of course you're eating like a King there as well. I can easily eat delicious Vietnamese food for $4 or less, and Western food on average is maybe $5-$7, easily. Now I should add that I'm not talking about life in a large city like HCMC, but nonetheless a beautiful town smack on the ocean, so as you mentioned, prices are obviously less, and scooter/motorbike rentals are available in numerous places for no more than $35mth. plus a gym membership in a well equipped gym can easily be had for around $15 per month or less since they have specials constantly. I also can't figure out why any foreigner would buy property in SEA, when rental prices are as low as they are. A foreigner can't really own real estate, and for sure not land, period. Buying a concrete box with no charm and a tiny balcony, doesn't make sense either, because of management fees, and mismanagement of funds, which inevitably ends up in a large assessment being slabbed on the homeowner when the building starts to deteriorate, and deteriorate they will, that rebar will start popping through the concrete in a very short time; in my experience it's just about the dumbest investment one can make. Why lock yourself into something that has little to no return (you'll be lucky to break even in 10-20 years considering the ongoing expenses), unless you just happen to hit the bubble, which is highly unlikely these days; do it only if you plan on gifting it to you gf or wife, and she btw., wants land/house anyway and not a condo. Rent, stay free to move around when the rules change, because they will, believe me they'll change, and not necessarily in the expats favour. Vietnam is an awesome place to live, no doubt about it, but you will never have a sense of any kind of permanence, you can't plan for the future, only live for the NOW, which after all might not be such a bad thing...Cheers
I spent $1,200 a night at the club in vietnam. You can retired in vietnam and live like a super rich with $500 millions in your bank .. . At age 35 ... lol
Wow, Vietnam is modernizing so quickly now.
LOOK AT THE PRICE I DO NOT THINK 1000 USD CAN NOT SURVIVE AND LIVE LIKE A KING IN VN..BRO
$800-$1000 if you already have a house in Vietnam he meant
dam gym cost more than the U.S . that rip off. go to cheaper gym. no need for brand name. dont have to be banh mi all the time, there are local noodle shop for cheap than restraurant.
Not sure why anyone would buy a property now. In Nha Trang a 2 bedroom 2 bath condo in a modern building is less than $450 USD a month. That's furnished with a sea view!!
Ken, I always enjoy your videos. You are always well-organized and have a very professional presentation. Learning more and more about Vietnam makes me want to visit at the least, and maybe spend some of my retirement time there as well! Keep up the great work!
very useful info Ken and team
Great video. This is really helpful for people who want to live and retire in Vietnam. Thank you for sharing it! :)
Great video Ken as usual. What’s the place your filming from. Is that a shared workspace office. Looks awesome. Be nice to get a range of how much a a workspace membership would cost.
Hey, Ken new Subbie!! I can’t wait to get back to Vietnam this time with a 5yr visa! Thanks for making this video it was much needed! Kei
What a nice info you have mentioned .Ty Sir.
Excellent video Ken!!
Thank You, Ken . Excellent information. 👍🙏🏽✌🏽🤓
Good information from you ❤👍👌🇻🇳 Great videos , thanks