Cost of Living in VIETNAM | Retirement Budget Breakdown

[@cristravelss]

Hey bro! So crazy I was looking on KZbin "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!!

[@gary8173]

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!!

[@kippsguitar6539]

Real estate sale prices are very inflated, rents dirt cheap as you say 300 a month in beautiful Hoi an, why buy

[@jesuisrobert808]

@@kippsguitar6539 when you get this off set between sale price and rent ratio, it's an indicator of frothy/speculative market

[@jerryle379]

@@jesuisrobert808 it a speculate ; the govt have tell it for year ; Vietnamese love to buy land and gold instead of keeping they majority in bank ( they do still keep money in bank but small % ; now for young folk we tend to Invest in stock ) govt are now planing to taxing for folk who own more then 2 house / land

[@lizzy9975]

@@jerryle379 That's communism/socialism there for you in that last sentence! 👌 We'll tax you for being aspirational! 🤦🏻‍♀️

[@jerryle379]

@@lizzy9975 most of us viet support that law , fuck them , those money can be used better in manufacturer or invest in business instead buying up house and land , i don't know if you know about viet duc sausage company ? Dummy sold his company to Korean and used the money to buy condotel and land , his invest in condotel was 100% lost ( cocoland fubar ) guy instead of focusing on his food company , sold the company thinking he don't need to do anything and can get 15% interest every year from condotel and apartment project promised by coco 🤣. New law will lower the land and apartment price cost down , a win for young family , we won't be next Hongkong where most people can't afford a apartment

[@manaflask8826]

Wow, Vietnam is modernizing so quickly now.

[@billjohnson6300]

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!

[@duongglobalbusinessconsulting]

Thank you the comment, as it encourages us to do more.

[@mrbbkk]

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.

[@donjohnsonsigns1]

Wow I am impressed I have been looking at the Philippines but I am going to look more closely at Vietnam!

[@admindesk2760]

You live with your chef and your maid. Are those other names for wife? haha. I live in Manhattan/NYC and what you are saying is really too good to be true. Still... I'm gullible enough that I'm ready to pack my bags. Life here is getting to be -- well -- I can't take much more as costs and crime are out of control.

[@HuynhQuynh134]

Quy Nhon is another beautiful beach style, and cheap.

[@tomhiddleston58]

Good information from you ❤👍👌🇻🇳 Great videos , thanks

[@keicancook2025]

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

[@duongglobalbusinessconsulting]

Thanks for subbing!

[@Pellkot]

The apartment complex at around 6min is where i lived for the last 2 years. I just moved a few months ago because the landlord wanted to raise the rent there to 880usd roughly for the 2bd i rented. I found a 3bd house in a gated community not far away from there for 580usd instead. And instead of 76usd in maintenance fee there i now pay 6usd at my new place. Its actually 12usd but my new landlord was nice and said we split it. But this is not exactly walking distance to the center of Saigon. For me its ideal because i get a lot of living space for a good price and im away from noise and bad air. The closer to the center you wanna live the more expensive it gets. I work from home so it suits me just fine. But it would be a pain if i had to travel far to an office.

[@kippsguitar6539]

yes Ken Vietnam is cheap (but now more expensive real estate than spain) and lovely, please open up soon I miss you!

[@ZKB423]

Mr. Ken, whether its your style of presentation or background and credentials I feel your videos and information are very reliable. I was very surprised at your cost of living breakdown as I assumed it would be several hundred dollars higher than what you laid out. I have lived in Thailand for 6 years and overseas in various countries so I understand the different factors at play, but you final amount for cost of living was very surprising. Thank you for another informative video.

[@thachnguyen1591]

Nếu có tiền sống ở Việt Nam là sướng nhất: chi phí rẻ, thức ăn ngon, đa dạng mà rẻ. Đi du lịch cũng rẻ , mua bảo hiểm cũng rẻ mà chất lượng dịch vụ bệnh viện tại Việt Nam không chênh lệch nhiều so với Mỹ nhưng phí dịch vụ thấp hơn gấp nhiều lần

[@duongglobalbusinessconsulting]

It is a personal choice, depending on needs and goals.

[@PhuongTran-lt1ke]

Sướng là sao bạn , nói vậy chung chung quá. Còn bạn cướp giật? Nếu bạn cầm phone nghe ở ngoài đường thử xem ?

[@eldeluxo]

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.

[@lifeinasia4769]

Great video. This is really helpful for people who want to live and retire in Vietnam. Thank you for sharing it! :)

[@duongglobalbusinessconsulting]

Glad you enjoyed it!

[@ARTnMEnet]

Very good information about VN retirement, can have more details for health insurance at VN . I am a retiree over 70 years old , and ok to apply for long term visa . Thank

[@ThetruthwithFND]

Ken is awesome and is so great when he makes these videos

[@duongglobalbusinessconsulting]

Thank you very much for your kind support!

[@johncoghlan4150]

Most informative presentation, well done and thank you

[@duongglobalbusinessconsulting]

Glad you enjoyed it!

[@coastcity7029]

No retirement visas, and visa laws that change overnight make this a very uncertain place to make permanent plans to retire

[@duongglobalbusinessconsulting]

This video is about cost of living in Vietnam, not retirement visa, as we already covered this topic before. Please check: kzbin.info/www/bejne/oYfLd3Sdf89nnpI

[@coastcity7029]

@@duongglobalbusinessconsulting Budgeting is a major part of planning for your retirement. Unexpected costs, like having to move to another country when visa policies change, can be make or break for some folks when planning where to retire.

[@duongglobalbusinessconsulting]

So, this is not a game of who will have the last word. Our video is about of cost of living, not the cost of moving or planning. Not to mention that one does not necessarily need a visa to live in Vietnam. A lot of people in our audience opt for the Vietnam passport instead. Last but not least, if you want to know more about visa costs, you are welcome to book a consultation with one of our lawyers who will answer all your questions.

[@binkysteaver9880]

Yes, exactly, forget about retirement in Vietnam, they do not welcome retirees and the are not allowing the border runs any longer so forget about Vietnam

[@willsmithhitme7728]

@@binkysteaver9880 what do you mean by border runs?, is this because they rewuire a person to leave the country every 30 to 90 days? I am just trying to understand how xpats deal with that.

[@anonymousinvestigates3942]

I am retired and a family man my age is 38 and I make decent money but live I live in the USA and look forward to my visit now that the country is open. I hear they make it difficult to retire and buy property so I need to understand much more about the country. I like the cost of things so far but the homes are they all apartments? I rather not move from my home on land to an apartment.

[@heatherdo5924]

Thank You, Ken . Excellent information. 👍🙏🏽✌🏽🤓

[@duongglobalbusinessconsulting]

Glad it was helpful!

[@absolutrudy]

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.

[@duongglobalbusinessconsulting]

Thanks for your comment. It is in our office building where there are other offices too.

[@khalidsiciid9696]

What a nice info you have mentioned .Ty Sir.

[@kippsguitar6539]

very useful info Ken and team

[@hughbuu6738]

For 2 retirees (with both US and VN citizenship), Frugal living in any big cities in VN is around $1500 USD/month; Modest = $2000; Good = $2500*; Luxury > $3000 *Breakdown: Rental = 600 (2BR) Utilities= 100 Transportation= 200 Food= 600 (Groceries/Eat out) Misc.= 300 Travels= 700 ($8K annually) Hospitals & Old Age Caring= not yet included ☺️

[@kippsguitar6539]

You spend more than me but ok, I like the misc column!

[@hughbuu6738]

Misc.= Personal grooming, Kitchen stuffs, Toiletries, Clothing/Shoes, Spa/Massages, Gifts, Family/Friend Get Together, etc..😊

[@jesuisrobert808]

Don't forget to factor inflation. It's very real for ordinary Vietnamese. We are living longer and factoring in home care is a real concern if you have no family nearby.

[@tuanivando9634]

Thanks for sharing

[@josecrespo4551]

GREAT INFORMATION, GOD BLESS YOU,,.

[@realestateamazing]

Excellent informacion ken I'm thinking retired for any circumstances I'm watching this video thank you ken

[@duongglobalbusinessconsulting]

Glad to help

[@washingtonfootballfanwgil8392]

This was an excellent presentation. Thank you.

[@duongglobalbusinessconsulting]

Glad it was helpful!

[@dgriffin6650]

Hi Ken, I really appreciate your videos! You give some excellent insight into living in Viet Nam. I am an American, and I am planning to move to Viet Nam in approx 3 years. I was wondering if my social security payments would be subject to any Vietnamese taxes. Please advise. Thank you!

[@duongglobalbusinessconsulting]

No, they would not.

[@jonathann.2785]

I just obtained a Vietnam passport in order to buy land and build a house. Will my social security payments be taxed?

[@sonkara5402]

Price is really going up nowadays. They are almost double for what you said.

[@Yoshi2x]

HCMC is very expensive now. Try Nha Trang or Vung tau.

[@bioinformaticsonline5988]

Or Hue, where health and entertainment facilities are on par with HN or DN.

[@aaronucsd]

If in 10 years I plan to retire in Vietnam and renting about 1500 a month. Would it make more sense to invest in a home now and rent it out till I takeover in ten years? Assuming at 1500 a month and 10 years be about 180k USD home. So what area can i get a 2 bed condo or 3 single family home that safe?

[@monstertradealerts2580]

Can people get mortgages to buy condos with local banks ?

[@jasonchaney777]

Thanks for this information. Is Vietnam looking into visas aimed at digital nomads?

[@duongglobalbusinessconsulting]

Not at the moment, as it has been easy for nomads to live on tourist visas.

[@louis20122]

I wonder if properties will appreciate or not so maybe renting is better and invest the money in an income producing ETFs

[@a.lawrence4969]

I live in one of the most dangerous communities in America (Englewood in Chicago) My first question is when will Vietnam fully open? How is it for African American men there? I would like to thank the uploader for his advice and help. I

[@duongglobalbusinessconsulting]

Please watch kzbin.info/www/bejne/boLbiKRthrJ8hq8

[@eduardosotelo4663]

They prefer white people. They have a few black people. They don't like dark skin, specially from India.

[@milo-qh7cv]

they like to play toss many hard balls at once on a person of really dark skin.

[@main2333]

Wow. Gym here at planet fitness is only $10. $20 to use tanning, massage chairs and water bed massage.

[@jameswhitewater6127]

Right .. The average salary in Vietnam is about 5 VND/ month Yet, apartment for a foreigner is 2 × (+) average salary. Every foreigner in Vietnam is being ripped off. From haircut, medication to accomedation. And they do it with a grin. Lived there for 7 years, Never again.

[@minadaca]

Excellent video Ken!!

[@duongglobalbusinessconsulting]

More to come!

[@warrenwoo9484]

Thanks alot for the cost info.

[@vuongtran2129]

Is there any "Nursing Home " to care for aging people in VietNam ? How much is the monthly cost of an average "Nursing Home" ?

[@leomontmarquet7728]

How can you retire in Vietnam when ever month you have to renew your visa or you have to leave the country for 24 hours

[@duongglobalbusinessconsulting]

Please watch our other video on how to retire in Vietnam, as we already covered the topic: kzbin.info/www/bejne/oYfLd3Sdf89nnpI

[@youngjohn5076]

Very good break down video

[@Jacobs9991]

The gym membership cost is way more expensive than the US. I pay $21 a month here in Florida. There are cheaper options, correct?

[@duongglobalbusinessconsulting]

Yes, there are. However, the fitness industry in South-East Asia is, in general, less developed than in the U.S. and the audience is smaller. Hence, the cost difference.

[@ajithkumara3673]

Aren't there used old Japanese cars like toyota marina etc?

[@milo-qh7cv]

umm with everything that is going on lately, and rise in prices in viet, i doubt it would be a good idea to retire there. we dont know even if the area might be engulfed with conflict.

[@MrSamleu]

thank you Ken i just saw your video, but i dont understand, you said you can live like a king between 800-1000 a month but rent on a grade A apartment cost $700 a month? it does not add up, did you mean you can live on 800-1000 a month but not like a king?

[@duongglobalbusinessconsulting]

A king on budget!

[@MrSamleu]

@@duongglobalbusinessconsulting i'm sorry i'm stupid i admit. it still does not add up to me. to live like a king you would live in a grade A apartment @ $700 a month, are you saying food, electric, insurance, etc, etc.... will be less than $300 a month? eating bun mei although good is not living like a king, i would think food alone would be more than $300 a month for an individual. i know this is subjective but to my calculation from the video it would be more like double that amount to live like a king for an single individual? i'm sorry i am not trying to be difficult but i am actually planning to retire and need to get it figure out what i really need to retire getting it wrong would devastate me. thank you

[@duongglobalbusinessconsulting]

It is an intangible and humorous figure of speech and is not meant to deter you from doing your own research nor calculating the costs you deem appropriate for your own situation. Some may need $600, others need $2,000, $3,000 or $10,000 to live as a king. It is all relative. The free content we created is just purely informational and do not represent our legal advice.

[@ibcmessengerinc45]

Great video and very informative.

[@duongglobalbusinessconsulting]

Thanks a lot, we appreciate it.

[@lbj4993]

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

[@freeparticle5068]

Csn you recommend a real estate?

[@Robertmacmedia]

Ken what if I got a 5 year visa exempt 6 month on entry unlimited since I’m married to a Vietnamese,can I get my Vietnamese license please when I return is it possible

[@markmclendon5834]

Good video.

[@duongglobalbusinessconsulting]

Thanks for the visit

[@musiclife1581]

Thank you, boss

[@Tv-rd6df]

I want to live Vietnam.Vietnam culture my favorite

[@Quietstorm9]

great videos!

[@wrx111]

Its cost me $350 for a tooth extraction here in AUD as i can't get over there at the present time. ....ouch

[@leomontmarquet7728]

I don't think there is any retirement visa like to retire I have a Vietnamese gf over 1 yr now but only can get a tourist visa

[@duongglobalbusinessconsulting]

Please watch our other video on how to retire in Vietnam, as we already covered the topic: kzbin.info/www/bejne/oYfLd3Sdf89nnpI

[@sarcm1957]

I'm from India and our employer is trying to get me and family to move to Saigon since 2 months. Her Visa agent says there is a temporary restriction but what I hear is experts are allowed to fly there. Can we seek your opinion?

[@duongglobalbusinessconsulting]

At the moment, flights from India are restricted even for foreign experts.

[@livingoutdoors90]

It’s impossible for any foreigner to truely retire in Vietnam as there is no retirement visa.. only way is to get a work or investor visa.. tell people the truth don’t mislead people

[@duongglobalbusinessconsulting]

Thank you so much for your insightful comment. Please browse our KZbin channel as, we already made a video talking about how to retire in Vietnam and the types of visas available.

[@duongglobalbusinessconsulting]

Here is one of our videos so you don't have to search and formulate misleading conclusions: kzbin.info/www/bejne/oYfLd3Sdf89nnpI

[@_-_-.-_-_]

Currently, I have several friends and relatives living in Da Nang. Their monthly cost in Vietnam per person: Living Quarter: $500 Utilities (Internet, Electricity, etc...): $100 Transportation ($5 Daily): $150 Food ($10 Daily): $300 Health Insurance: $30 All other Expenses (Entertainment, Gym, etc...): $150 That is at least $1200 per month. Ho Chi Minh and Hanoi would of course be more. This does not include expenses if you are dating. And of course, if there are more people in a family, then the last three on the list would also increase.

[@mrbbkk]

Live in Hanoi my rent transportation and food expenses are 40 to 50% of yours; well under $1000

[@_-_-.-_-_]

@@mrbbkk So are you still there in Hanoi and how long have you lived there? I was born there.

[@lowellhartman2805]

Can I trade forex in Vietnam?

[@peterbach6715]

Hello duong could you help me ,i was born in Vietnam, now i live in the USA 🇺🇸 get i get Vietnamese citizenship?thank you

[@jesuisrobert808]

Go to Vietnamese embassy or just call to get an idea and ask first what documents you need.

[@peterbach6715]

@@jesuisrobert808 thank you

[@duongglobalbusinessconsulting]

Hello Peter, yes we can help. Please send us an email at [e-mail] detailing your case so we can assess whether you can get it.

[@albertturner]

The biggest problem is getting in Vietnam 🇻🇳. Would love to live there!!

[@mrbbkk]

Depends on your passport and qualifications I got a 6 month business easily with a US passport

[@jaimeprieto6864]

There are a lot of smaller cities in Vietnam that are way cheaper I'm planning to live in Vietnam among the Vietnamese people learn the language and the culture not really interested in hanging out with a bunch of expats no pun intended.

[@MrSummerblade]

Great for you bro, mean it. However, some of us have to live in the city for our work - still try to absorb the language and culture though 😉👍🏼

[@joelsantiago5683]

What about maid?

[@SimpleX84]

$800-$1000 if you already have a house in Vietnam he meant

[@ArtDzenCrafts]

Cost of Living in VIETNAM | Retirement Budget Breakdown kzbin.info/www/bejne/kHLGq6pqjK5qprs

[@hungnguyen-tr4cn]

LOOK AT THE PRICE I DO NOT THINK 1000 USD CAN NOT SURVIVE AND LIVE LIKE A KING IN VN..BRO

[@mishomishev3283]

1 dog 1 kid 1 wife (ko ban gai) no international school for the kid 2000$ monthly normal NOT luxury life 🇻🇳

[@jesuisrobert808]

16.000 vnd for a banh mi? That's probably a crappy one with skimpy ingredients. 😆 Don't tell me it's the inflated foreign rate too. 😉

[@jesuisrobert808]

@@Invictus888 I got it in Saigon. I believe we paid 35000 dong for a good quality banh mi, not skimping on the pate, meat and French mayonnaise. I forgot the name

[@bioinformaticsonline5988]

@@jesuisrobert808 In Saigon, prices already vary from one district to another.

[@jesuisrobert808]

That sounds about right for a decent banh mi

[@NguoiQuocGia]

There are so many lovely places; I wouldn't want to live in Hanoi.

[@Vietboy1st]

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

[@raidenlu4160]

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.

[@Naytronic]

cool

[@jamesogbu7806]

Help

[@BreadNinja]

I need to go to the dentist 😶

[@chautiendung]

I got $3k a month for retirement. It’s do able? Few months I will return home. Oh I’m still have my 401k. I’m owned Tesla n s&p 500. I’m ready to go home n die there. Lalala Saigon o Saigon dep lam Saigon o. Lalala.👍😇😜

[@junkvista61]

If you love Socialism ideal then you found it. They say it loudly in their name: Socialist Republic of Vietnam.

[@markraymondlim]

Can a man above 75 years old retire in vietnam.

[@duongglobalbusinessconsulting]

Yes, absolutely.

[@MichaelSSmith-hs5pw]

When I was in Vietnam in 1969, I had some real cheap housing….it was called a FOXHOLE! 🎖💜♠️🪖😎

[@duongglobalbusinessconsulting]

Thank you for your valuable contribution!