How to RETIRE IN VIETNAM | 2023 LATEST UPDATES

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Duong Global Business Consulting Group

Күн бұрын

Planning to retire in Vietnam in 2023 takes a lot of preparation and immigration knowledge. If you thought about the idea of living in Vietnam, you need to consider several matters such as health insurance, what type of Vietnam visa you can choose from, cost of living in Vietnam as well as the advantages and disadvantages about retirement in Vietnam. In today's video, International Immigration & Business Attorney Ken Duong will share the latest updates regarding retirement in Vietnam in 2023, whether you should move to Vietnam and breakdown details about life in Vietnam for retirees. So let's get started!
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00:00 Intro
01:31 Is Vietnam a good place to retire?
02:30 Cost of living in Vietnam
02:45 Friendliness
03:13 Diversity
03:42 Multi-Cultural Background
04:10 Language Barrier
05:17 Dual Pricing
05:34 Lack of Retirement Visa
06:10 Alternatives to Retirement Visa
09:19 Taxation
09:34 Things to consider before living in Vietnam
11:41 Conclusion
12:35 Outtake
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Duong Global is an international acknowledged worldwide business consulting firm that provides business and legal services specializing in the U.S. - ASEAN multilateral trade relations. Our aim is to enhance corporate competency and performance through result-based solutions, effectively combining processes, people and systems, designed to match clients' individual requirements. Our unique set of business and legal services include International & U.S. Business Law, Immigration Law, Real Estate, Franchising, Marketing, Intellectual Property, and Entertainment.

Пікірлер: 102

@duongglobalbusinessconsulting Жыл бұрын

If you like this video, you might like these too! 👉🏻 VIETNAM Healthcare System kzfaq.info/get/bejne/bLiPd89226vDgH0.html 👉🏻Want to LIVE IN VIETNAM? This is How You Should Know: kzfaq.info/get/bejne/nsuPlcmpsautZZ8.html 👉🏻 6 Things to KNOW & DO before LIVING IN VIETNAM: kzfaq.info/get/bejne/mLd2iZuG0dHUj5s.html

@ebx100 Жыл бұрын

As an American citizen, I used to live in HCMC. I taught 6th and 8th graders maths and science full time. I unfortunately got locked out by the pandemic during a two-week trip to USA. I now live in the Philippines. But there are no opportunities to teach here, and there are several other things that make the Philippines unsuitable to me. I would love to return to Vietnam but at age 66 I am having difficulties getting a TRC. Any suggestions would be most welcome. Thanks!

@amadcoman 7 ай бұрын

Embarking on this new chapter of retirement? Remember, proactive financial planning is the key to unlocking a secure and fulfilling future. Instead of solely relying on any factor, consider staying invested with a trusted financial advisor. They can guide you towards strategic investments, ensuring your retirement is not just stable but prosperous. Take control of your financial destiny and embrace the retirement you've always envisioned!!

@Lemariecooper 7 ай бұрын

Absolutely! Planning ahead is vital for a prosperous retirement. A dedicated financial advisor will help navigate the complexities, making your golden years not just secure but truly fulfilling. Here's to taking charge of our financial future and enjoying the retirement we've worked hard for!

@Lemariecooper 7 ай бұрын

*Jenny Pamogas Canaya* is her name. She is a genius when it comes to diversifying holdings. You can verify her for yourself by looking her up online. She is well knowledgeable about the financial markets.

@Erikkurilla01 7 ай бұрын

Thanks you for sharing. It was easy to find her on internet, seems very proficient and flexible. I booked a call session with her.

@6thDAY Жыл бұрын

Please keep adding these bloopers! Love it! 😂

@philthomas7140 13 күн бұрын

Keep the videos coming. 😊

@Danamount Жыл бұрын

I’m renewing my passport, hoping that Vietnam will issue more generous visa requirements after Tet. I hope they do make those changes, Vietnam is my first choice as a retirement home. Thank you for the update!👍

@roniyim1223 6 ай бұрын

Another great & informative video from Ken and team. Love you guys!

@Acd1217 4 ай бұрын

Thanks for the information. 🙏

@tomhiddleston58 Жыл бұрын

Wow great video...👌👍❤️🇻🇳

@warrenwoo9484 Жыл бұрын

Thanks for the retirement tips.

@anyhowsay8659 10 ай бұрын

Vietnam is smart. People are smart. Foreigners come in and splash their stronger currency around. While it is good for the vn economy it also increase the standard of living for the locals who dont need the higher costs of living.

@SG-Life Жыл бұрын

Love your videos Do u arrange a meeting for Viet Kieu in SaiGon sometimes? Just a casual meeting not too formal? If so, where do i check the info announced? Thanks

@MachoRaton Жыл бұрын

They don’t want foreigners to retire there so why bother there are many other countries to retire that are very reasonable to live and residency is a simple process .😊

@Danamount Жыл бұрын

I’m renewing my passport, hoping that Vietnam will issue more generous visa requirements after Tet. I hope they do make those changes, Vietnam is my first choice as a retirement home.

@davidbaptiste4325 11 ай бұрын

Good videos. Can you do some interviews with some retirees and show us how their life is over there. I think testimonials would be very interesting, informative and entertaining. Maybe some of them would not mind showing us where they live. Thanks a lot for reading my query and comment.

@HaTran-sp6ds Жыл бұрын

Freedom is priceless no amount # is worth it

@jackyback3975 Жыл бұрын

The main disadvantage with Vietnam is, that Vietnam has No long term retirement visa or Residency visas

@charlesn787 Жыл бұрын

Hopefully Vietnam have soon

@theoriginalbearbear 5 ай бұрын

What if I apply for dual citizenship will that help me stay longer?

@MdSaiful-pu3wo Жыл бұрын

Yes boss good information from oman

@zaingadol2361 Жыл бұрын

Most US & Australian & Canadian citizen with Vietnamese background retirees could not afford to retire in Vietnam 's big city, just enough to retire in the remote villages of Vietnam.

@ratnoinamaew7822 Жыл бұрын

They need to make it easier, I am not going to invest $130k in a country where I dont speak the language and is essentially a corrupt developing country, thats why its so cheap, but the RISK of financial failure is extremely high in countries with those conditions, but apart from that have no desire to start a business at my age. Just not attractive, next.

@duongglobalbusinessconsulting Жыл бұрын

You do not need to invest $130,000.

@gunchief31 Жыл бұрын

$2000.00 dollars here in the US that only cover rent. 🤯🤯🤯

@Khan-xo8yp Жыл бұрын

First to I come after thinging know

@eileenstill 8 ай бұрын

If I do voluntary work in Vietnam next year does this provide a TRV

@tinachannel8436 Жыл бұрын

Hello I do have a question? Do I still have the right to receive social security retirement income when I turn to retirement age if I get dual citizenship Between USA and Vietnam? I do watch your video almost daily about retirement in Vietnam , I do interesting to retirement in Vietnam . Thanks for your time to read my questions and I hope to have your answer.

@duongglobalbusinessconsulting Жыл бұрын

Yes.

@tinachannel8436 Жыл бұрын

@@duongglobalbusinessconsulting thanks 🙏

@tinachannel8436 Жыл бұрын

@@duongglobalbusinessconsulting How is cost to get Vietnam 10 years visa and how long is take for the time to finish I do have my born birth certificate from Vietnam already Thanks again And I can have it done in USA with your an office.

@TràVinh-2024 5 ай бұрын

Good selling job man. So many markets closed, people losing work. People line up to beg for food from donations.

@monishavarma 3 ай бұрын

Interesting indeed. How about the taxes 😊

@tannguyen5304 Жыл бұрын

Hi Ken; Please let me know if I have to pay Thu Nhap Ca Nhan in Viet Nam if I collect social security benefit and pension from the US if I have dual citizenship (Viet Nam and US) Thanks

@Yru2noz Жыл бұрын

No!

@v.j.3029 Жыл бұрын

Do you know what would be the age requirement, for whenever they plan to make the Vietnam retirement visa available? I know that you have to be at least 50 to get the retirement visa in Thailand, but what about Vietnam?

@duongglobalbusinessconsulting Жыл бұрын

We do not know, but 50 seems to be the threshold in South-East Asia.

@vashisamtani Жыл бұрын

Hi suppose you are born in hcmc can u get a visa permanent retiree visa

@fastkillmmmm Жыл бұрын

I would like to retire in DaNang, living in a condo with ocean view, with pool and gym. Would $2K a month be enough to cover other expenditures, e.g. internet, electricity, etc ?

@fastkillmmmm Жыл бұрын

Forgot, I do not want to live in a high rise building, 3 or 4 level high maximum. Thank You.

@duongglobalbusinessconsulting Жыл бұрын

Yes.

@user-karuminh 3 ай бұрын

Hi can i check as a foreigner and single can I only buy a apartment which is for 50 years? I cant buy a land. also can i buy medical insurance in Vietnam as a tourist.

@duongglobalbusinessconsulting 3 ай бұрын

Correct.

@TheVargaGirl 11 ай бұрын

Just found your channel, and like the important points you speak of. Could you elaborate more in another video of the average cost to live outside of the big cities for two retirees sharing a 2 bedroom modest home along with all utilities/grocery/phone etc costs per month in dollars? On average...not luxury living or eating. Nightlife not important. Thanks, from Canada. Seriously wanting to leave this soon to be communist country here.

@Saigonee Жыл бұрын

BS, Vietnam is too darn expensive and if you get sick and need major operation... good luck!!!

@EndlessTravels Жыл бұрын

its not expensive at all, its pretty much a 3rd world country. If you pay within the locals areas your fine If you get sick though yeah, your F'd FV in saigon is the best place its a French hospital but they still can barely get much done Your best to fly to Thailand, Singapore, or Japan...So yeah hope you don't have a heart attack which is VERY common in VN bbecause your going to suffer a local hospital >

@Saigonee Жыл бұрын

@@EndlessTravels What?? Rent's like 1bed/bath ~$700USD - $2500USD/month are not expensive? You're out of your mind and don't get sick in VN but if you do creamation cost is very affordable in VN.. LOL

@kenshinhimura5965 Жыл бұрын

@@Saigonee then leave. Go to US 🥹

@Khan-xo8yp Жыл бұрын

Come to soon mardan

@fredintexas8561 11 ай бұрын

Where is Trang, I liked her videos. I like yours too, but she was funny as well as informative.

@monishavarma 3 ай бұрын

How about elderly parents? How do we account for them ?!

@jonmello6951 4 ай бұрын

Too many changes going on in Vietnam, I don't trust that government enough to retire there. I have spent time there, loved the people, veiw, food. But no on retirement, even though its cheaper now, that will change.

@wilhelmstrmsvold8828 Жыл бұрын

By the way, where is Trang Truong these days?

@eddielacinski928 6 ай бұрын

I would really like to know the trick to retiring when they have no such thing as a retirement visa. Are you joking or what?

@ND559 11 ай бұрын

I love your pink jacket. It goes well with the blue shirt! 🙂

@Khan-xo8yp Жыл бұрын

Big city

@paulpeart8895 Жыл бұрын

I'm starting the process now, should be there in 2-3yrs, permanently retired. Looking in the Danang area. Correct me if wrong.. but we able to buy houses there now, is that correct

@rayc4038 Жыл бұрын

Hi, I am long time expat in Vn. No. you cannot buy any land/house in Vietnam if you are a foreigner.The investor visa is not good for retirement bc only 1 year.It will be a "donation" in my opinion.

@paulpeart8895 Жыл бұрын

@@rayc4038 so can only buy condos?

@rayc4038 Жыл бұрын

Only some condos under special conditions can be "leased long term" by foreigners as far as I know. Any investment in condos does NOT qualify for an investment visa. My advice is just rent.

@paulpeart8895 Жыл бұрын

@@rayc4038 cheers, my friend and I are looking around My An. Is that good and reasonable

@rayc4038 Жыл бұрын

@@paulpeart8895 Hi Paul I think you need to do lots research before you come to Vietnam. You also need to know some Vnese if possible. Is your friend a Vnese from My An?

@user-wq2bg8bq7i 9 ай бұрын

Do your research, you can live in VN less than 1k a month

@duongglobalbusinessconsulting 9 ай бұрын

For sure. There are even people who live with $200/month in Vietnam. But the point here is giving an average cost of living budget for people who want to live comfortably with western amenities as well, not a contest about how cheaply can you live in Vietnam.

@PurpleUSA Жыл бұрын

😳😳😎

@democracy.loveusa22 Жыл бұрын

Hi Ken, I own property in Bien Hoa,I left Vietnam 1975 before Vietnam fall. I let my sister staying the home but home still in my name, but when Vietnam fall either the north Vietnam took the property away from my sister. I no longer have the property paperwork but I still have my Vietnam ID. The question I have for you is what type of process need to be in place for I can getting my property back? Hope to hear from you soon. Thanks

@duongglobalbusinessconsulting Жыл бұрын

You need to apply for the Vietnam Passport first.

@kenshinhimura5965 Жыл бұрын

There was no “VIETNAM FALL” And you are not Vietnamese 😂

@charlesn787 Жыл бұрын

Vietnam is still here, there's no such thing as Vietnam fall. Fall to where? 😊

@zaingadol2361 Жыл бұрын

@@kenshinhimura5965 When they need you, you are Vietnamese, when they do not need you you are not Vietnamese, the same in life, when your US or Russian customers need your products, they called me "Brother". That is true , a lot of cold blood Americans called me brother. Because they need me.

@tonymoretti2347 10 ай бұрын

$2000 USD a month your way off. Thats double my price in Canada

@Teacher784 Жыл бұрын

I teach English so learning vietnamese should be easy. I just have to ask my students

@Khan-xo8yp Жыл бұрын

Soon

@kevbrown1867 Жыл бұрын

As someone who has been retired years in Saigon I can’t agree more that it is a great place to retire I wouldn’t want to live anywhere else in the World. However I was lucky that I had married a Vietnamese otherwise that option isn’t available to most of the world’s population. They should come up with a retirement visa however they should make it fairly strict with proven assets and income so that Vietnam doesn’t end up with all the garbage of the world . 20 years ago no one would want to live in Vietnam but it is getting to the point that it is better then the west and Vietnam will end up with undesirable people from the hell holes of the world you can see it starting now .Malaysia had a good retirement scheme however they changed it now that you have to show retirement income of 80,000 USD a year out of reach for many .Thailand has more reasonable requirements and I know a few retirees that are getting tired of going every 30 days to the Moc Bia border to get fleeced and are considering Thailand even though they love Vietnam more . The one thing that one thinks when they hear the word retire is you worked hard all your life you have a pension and passive income already so that you can sit back and smell the roses . Last thing you think of is traveling to the other side of the world to invest in some kind of business. I am afraid recent events has muddied the waters as far as investing any money in Vietnam. The 2nd richest person in Vietnam a billionaire the Vietnamese Chinese business lady has been arrested and it’s not clear the crime but could end up in jail for a very long time and many around her are committing Jeffery Epstein’s in Jail . She is a big fish well connected to the Ho Chi Minh government yet she gets pinched what do you think they do to the small fishes ? I would recommend men to come and find a nice girl to marry and if you are already married perhaps dump your wife and come to Vietnam for a upgrade 😉

@dancooper5741 Жыл бұрын

Marrying into a Vietnamese family just to get a visa for long stay cheap living in a dump like HCMC is my definition of last card in the pack. Far more appealing destinations in warm climates with nice beaches & clean air. And , there’s no requirement to marry anyone to stay there……why buy a cow when milks so cheap.

@EndlessTravels Жыл бұрын

@@dancooper5741 Dan gets it, i see your comment Kev and first thing i think is "Western married into a communist nation?" Its weird to me and i'd love to hear Kev's thoughts on his thoughts after 10 years as MOST westerns tend to just leave and take their wife or not..back to their home town saying they can afford too. As many that marry and retire in VIetnam tend to be playing a last card I know that sounds harsh but fo rme being 8 years in VIetnam i saw it A LOOOTTTTTTT I been to over 70 wedding in VIetnam being Vnese or western + VNese, my channel i have a few recorded for this NONE of the westerns marriages which i didn't even know 80% of them just invted though a friend were pretty much hail marrying their life as they didn't have much back home. I do agree with you at end, other places to retire and better, Thailand OFFERS legal means to retire or even stay long term If someone is retiring that means they have a pnetion check thus they can afford to do so, Thailand and Laos offer means to hell even Malaysia does too i think most of them just require you to have like 1500 to 2000 a month constant income from something. And don't drink the milk in Vietnam, its sugar water dipped in salt

@MachoRaton Жыл бұрын

Good advice thanks

@paulz6491 Жыл бұрын

As someone who has been married and lived in Vietnam for a long time what do you think a realistic budget would be for a couple who would also like to travel a couple of times a year in the region? Does $2,000 which was mentioned in the video sound about right? Thank you.

@kevbrown1867 Жыл бұрын

@@paulz6491 $2000 should be OK to be comfortable you won’t live a lavish lifestyle but should be enough for a nice 2 bedroom apartment in a expat area and eating western food that is more money .Side trips will be extra but a couple can do a trip to Thailand for around $1000 bucks for a week again not lavish but enjoyable

@patrickdoan6457 Ай бұрын

Hot, dirty and traffic pollution,do you want to trade that

@donkeykong516 3 ай бұрын

You say fresh air, are you kidding?

@chanthornpeou5854 7 ай бұрын

Why you working so hard? You can't tell people how to retire.. when you yourself aren't retired. What do you know about retirement?

@duongglobalbusinessconsulting 7 ай бұрын

By the same analogy, you cannot be a cardiologist without having a heart attack? It does not sound too reasonable of a comment. We are a law firm specialized in immigration law. Thus, we provide advice on retirement and other visas as well.

@chanthornpeou5854 7 ай бұрын

@@duongglobalbusinessconsulting Sure he can know about it.. but he doesn't have actual experiential knowledge. Which is what i am referring to. For example.. How does it feel for the person who is going through the heart attack? Does his butt itch a certain way? Does his heart feel like its imploding? Is the pain sharp? So you can talk about retirement all you want.. You can study about it all you want.. watch and imagine what its like or what it might be like all you want.. but you don't know what its actually like to be retired.

@duongglobalbusinessconsulting 7 ай бұрын

Your comments made clear that do not understand our point nor the content in our videos. Thus, please feel free to watch other channels. Goodbye

@chanthornpeou5854 7 ай бұрын

@@duongglobalbusinessconsulting oh.. you’re still here. You really have no better comment to reply to? Lame. No wonder you’re still poor.