RETIRE IN VIETNAM 2024 | Retirement VISA, Cost, Pros & Cons | PLANNING Retiring & Life in Vietnam
Рет қаралды 19,666
Күн бұрынHow to retire in Vietnam ? Check out our guide : movetoasia.com/en/vietnam/ret...
Texpat OTG channel : / texpatotg
Check one of JR's video : • the Vietnam Visa Video...
Many of us may have fallen in love with Vietnam. Some even consider to spend the rest of their living in vietnam because it's such a great country with lots of things to offer. life in vietnam is certainly a chill. Everything is as affordable as many of us Westerners have been looking for. It will be understandable if you want to retire in vietnam 2023. retiring in vietnam could seem like a good life, with low cost of living in vietnam, surrounded by good people, and good food.
However, not everything is as how we imagine. Especially during a time when things change on a daily basis, you will never know the next step to take as a foreigner in vietnam. Your retirement planning could be invalid now because Vietnam has changed a lot in its policy for foreigners to live in Vietnam long term. It's now more challenging for expats in vietnam to stay as longer as they want because a few terms in the policy don't really put us in a good position. Many have already left Vietnam due to this sudden change and this is certainly not giving anyone an easy time to deal with things that many don't certainly feel comfortable going through (For example: paperwork, exist stamp, arguing over different conditions, etc).
This will never be clear for many and you may find yourself being stuck in the middle of changes. As someone who wants to help expat experience a good time while enjoying Vietnam, I also wanted to learn more about this specific problem. That's why I invited on the show a special guess who has been in Vietnam for 9 years, going through ups and downs as an expat. He has fallen in love with the country but once he's found out everything is not the same no more, he was very disappointed. Our friend has gone through some serious steps to get the things done, and now he will be on the show to share his personal experience on the situation right now for those who want to retire in Vietnam.
In today's video we will be talking about:
00:00 - How to retire in Vietnam
01:54 - JR's story
02:52 - Best place to retire in vietnam
03:43 - Pros of living in Vietnam
04:19 - How much does it cost to live in vietnam
06:10 - Retiring in Vietnam requirements
07:16 - Taxes of pensions in Vietnam
07:47 - Health Insurance for retirees
09:23 - Reasons not to retire in Vietnam
10:30 - Retirement visa in Vietnam
09:34 - Reasons not to retire in Vietnam
12:19 - Solutions for retiring in Vietnam
13:25 - Finding a job as a retiree in Vietnam
15:40 - Future of retiring in Vietnam
16:56 - JR's next journey
17:50 - Wrap up retirement in Vietnam
You will be listening to some of the things that explain to you reasons not to retire in vietnam, as well as why you should consider vietnam as the place to be. Vietnam 2023 could be a lot more different from what you experienced in the past, so be careful with the changes.
I hope you enjoy the video. Make sure to leave a comment, like and subscribe to show some support to my channel growth.
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Want to learn more about retiring in Vietnam ? Check out our guide : movetoasia.com/en/vietnam/ret...
@thenigerianfile 2 жыл бұрын
This was an excellent interview. Having just returned from my tour of Vietnam with a pitstop in Philippines, I was blown away by all Vietnam has to offer. Keep up the great work.
@MoveToAsia 2 жыл бұрын
Wonderful! Glad you enjoyed it !
@mojavedesertsonorandesert9531 Жыл бұрын
Grew up with a very large Vietnamese community in Orange County CA, lots of great food & nice people!
@MoveToAsia Жыл бұрын
Food is amazing, people pretty warm yes !
@mrbushlied7742 2 жыл бұрын
I'm retiring at the end of 2023. This video convinced me not to consider Vietnam as a possible retirement country. I visited Vietnam in December, 2013, and really like DaNang. It's time to research Cambodia and schedule a holiday there.
@MoveToAsia 2 жыл бұрын
It's true, the biggest pain-point right now is the visa for long-term staying. Surely Cambodia will be more straightforward in terms of paperwork to get yourself your retirement visa. Have fun !
@williamnelson9332 2 жыл бұрын
i live in cambodia now its great people here get a visa is easy foods great weather is great you have to come and stay a short time to see if you like enjoy
@wanderir 2 ай бұрын
If you haven’t decided yet, Vietnam has 90 day e visas now. So you only need to do border runs every 90 days.
@mrbushlied7742 2 ай бұрын
@@wanderir I decided to retire to Argentina instead. I visited Argentina four times in the past, twice in 2023, and have started preparations for my immigration there at the end of the year.
@wanderir 2 ай бұрын
Good choice! I no longer have a reason to stay in the Americas and love to travel. It's much cheaper to travel in Asia. I'm headed to Vietnam in August.
@tomhiddleston58 Жыл бұрын
Wow great video....❤️👌👍🇻🇳
@MoveToAsia Жыл бұрын
Thanks
@Retireonmybudgetcommunity 2 жыл бұрын
Great Video👍
@MoveToAsia 2 жыл бұрын
Glad you enjoyed it
@kenso9 Жыл бұрын
thanks for sharing
@MoveToAsia Жыл бұрын
Happy to know it was valuable infos !
@garylee4107 Жыл бұрын
Obviously, I'm a little late finding this video but it was refreshing to finally see an interview with a foreigner (expat) that's over the age of 35. There's seems to be a few problems with attempting to retire to Vietnam without being married to a Vietnamese. Nonetheless, it was an interesting video. I'll look elsewhere in SE Asia.
@MoveToAsia Жыл бұрын
Happy it helped you to get the full picture of how is retiring in Vietnam !
@brettweary8491 2 жыл бұрын
Absolutely Awesome Video with My Friend James Gullaume
@MoveToAsia 2 жыл бұрын
Thanks for the feedback Brett ! Happy that you found the video valuable about retirement in Vietnam.
@getsmartpaul Жыл бұрын
Thank You for honestly showing the BIG issues for retirees with no Long Term Visa and poor health insurance coverage . Did your guest who is married to a local say why he is leaving for the Philippines? Thanks 😊 Basically Cambodia, Philippines and Bali Indonesia are better options?
@MoveToAsia Жыл бұрын
Thanks for the feedback !
@captphilchesapeake4158 Жыл бұрын
Hello I am a American that married a girl from Ho Chi Minh City. We are living in state of Maryland in US. This we bought two property’s in Doc Let beach on Van Phong Bay. We want to move Vietnam in next 10 years. I am charter boat captain on Chesapeake Bay in US. Me and my wife love to have tour boat on Van Phong Bay Area. We coming to Vietnam at Christmas time for a month. We start in ho Chi Minh City and travel to Doc Let beach. We love KZfaq channel and find allot of your videos useful. Thank you Capt Phil
@MoveToAsia Жыл бұрын
Hi Capt Phil, great area that you invested in. I am sure Doc Let beach will be more and more popular. Thanks for the feedback. Cheers
@tman10686 Жыл бұрын
You’re an American with grammar like that? I have questions…
@tracy2219 Жыл бұрын
Hi Capt Phill! I’m Vietnamese and my husband is American, we are living in MD too. We also plan to retire in VN. Nice to meet you!
@latanchemasquee 2 жыл бұрын
Voilà la vidéo que j'attendais depuis longtemps ! Malheureusement, les deux sujets qui me posent encore problème (encore que...) n'y sont que succinctement abordés (assurance santé, visa, même si j'ai appris un truc sur ce dernier). Et puis, peut-on comparer un expat américain (il a parlé de "the mile town" - Denver) qui doit de toute façon prendre une assurance santé privée, avec un expat français et sa sécu ?
@MoveToAsia 2 жыл бұрын
Oui conseils à adapter avec la situation en FR ;)
@jpatrickleconte3181 2 жыл бұрын
NORMALEMENT les retraites ont la Securite sociale francaise et si vous etes a HCM il y a l hopital FV .. qui fonctionne avec la S sociale Francaise ( de mon temps il y a 4 ans en 2019 ) a reverifier ..
@Mr.ROUSSEAU888 2 жыл бұрын
merci
@MoveToAsia 2 жыл бұрын
De rien !
@philsummers579 2 ай бұрын
Retirement visa coming soon!
@francoistrignol3951 2 жыл бұрын
Nous arrivons ...avec Joel .... / A bientôt Guillaume.. et prend soin de toi toujours... / François.
@latanchemasquee 2 жыл бұрын
5 juillet................
@MoveToAsia 2 жыл бұрын
@francois trignol @latanchemasquee bon voyage !
@latanchemasquee 2 жыл бұрын
@@MoveToAsia Merci ! En espérant ne pas être embêté par les mouvements sociaux dans les aéroports français (pour l'instant, que Paris et Marseille)..... Sinon, en principe pas de problèmes avec Turkish..... Même en partant en retard, ils arrivent à l'heure !
@MoveToAsia 2 жыл бұрын
Ah les mouvements sociaux au moment des vacances d’été, le genre de choses qui ne te manquent pas du tout 😂
@latanchemasquee 2 жыл бұрын
@@MoveToAsia Quand tu vis au Vietnam, oui..... Au moins les choses sont claires. Mais c'est toujours les mêmes qui foutent le bordel en France (les copains de Mélenchon).... Et qui appellent à voter pour ceux contre qui ils manifestent..... Quelle crédibilité !!!!!
@spokeman 2 жыл бұрын
Hey JR you're back. Didn't start up your channel again?
@wadadli4sun 2 жыл бұрын
JR just renamed it to TexPat OTG
@spokeman 2 жыл бұрын
@@wadadli4sun thanks
@TexpatOTG 2 жыл бұрын
Never stopped .. over 330 videos published now. Definitely subscribe to this channel. Lot of good and current info. Cheers.
@spokeman 2 жыл бұрын
@@TexpatOTG okay I'll look up your channel Jr
@vinl3358 Жыл бұрын
Just open a company for less than 200usd and you can apply for temporary residency and you can extend every 2 years. I see no problem. I did that for 10 years now
@MoveToAsia Жыл бұрын
Hi Vinl, this setup doesn't work anymore. You need to be eligible for Work Permit or Investor visa (requiring you to invest some capital into your company), it's them more than 200 usd ;)
@getsmartpaul Жыл бұрын
Did he mean $200 or $200K USD business startup ?@@MoveToAsia
@vinl3358 Жыл бұрын
@@MoveToAsia sorry not 200usd. It is 800usd now. My friend who just came in did that. He got his work permit already. The required investment/running capital is approx 50k usd. But you can use that for your rent and salary. Honestly not much
@MoveToAsia Жыл бұрын
@Vinl33 Yes it's important to mention there has to be an investment put upfront such as 50k usd. So not only 200 usd @GetSmart Paul ;). As the incorporation fee, it's around 2-3 k usd to get proper advice, a good english speaking support and all the paperwork done on your behalf by a professional. You can surely find cheaper deals, but I doubt what you get ...
@vinl3358 Жыл бұрын
@@MoveToAsia that is true. Foreigners who don't speak the language have to hire english speaking firms who charges at the rate you are saying. I am just lucky that i had friends who already knew the language who helped me and by now i speak the local language too. Hence no need to pay the higher price to get advise. Some firms charge even up to 7-8k usd. I almost went with a firm which was planning to charge me 3k usd but i got advise from friends who stayed here for 30 years already by now.
@jslhopper 2 жыл бұрын
I will be going to vn from USA in September. Can I still do a visa run to Laos or Cambodia?
@MoveToAsia 2 жыл бұрын
I guess it will still be available. But as things change very fast in Vietnam, it's never 100% sure 😉
@zipe7878 19 күн бұрын
Le SEUL vrai problème au Vietnam pour y passer sa retraite c'est le VISA. Tous les 3 mois vous êtes obligé de sortir du pays pour au moins une semaine le temps d'avoir le visa...mais sans avoir la certitude de l'avoir! c'est dommage de ne pas en parler dans votre vidéo...vous prenez toujours l'option d'un retraité célibataire qui à trouvé une épouse locale forcément le problème est réglé! Pour mon cas, je suis "jeune" retraité marié (avec une non vietnamienne) et papa d'un enfant en bas âge et nous quittons le Vietnam à cause du visa fatiguant à la longue.... Une remarque encore concernant les soins. Faut savoir que les prix sont très bon marché pour une qualité des soins bien supérieur en France !! les délais pour l'obtention d'un RDV sont quasiment du jour au lendemain. On m'a posé deux couronnes en céramique et fait quatre soins dentaire en seulement trois jours pour 450€. Mon épouse a passé des examens gynéco, contrôle de la tyroïde et mammaires, prises de sang pour....37 euros! tout cela dans la même matinée et RDV obtenu du jour au lendemain....je n'ai pas d'assurance cela me couterai 500 euros par mois alors je préfère payé au besoin. Si il n'y avait pas le souci du visa alors ça serai idyllique comme pays!!!! population très amicale, safe pays, good food, low cost....
@MoveToAsia 12 күн бұрын
"Si il n'y avait pas le souci du visa alors ça serait idyllique comme pays!!!!" Je note 👍 A voir dans les années à venir si le Vietnam décide d’implémenter des initiatives telles que la Malaisie (achat d'un appartement donne droit à un visa) ou bien similaires a la Thailande avec un cadre précis pour les retraites.
@roygertel Жыл бұрын
I have a question. If I have an amount of money where I can buy an apartment / house in Vietnam. Can I buy an apartment and will I be allowed to live in it permanently ? BTW - Excellent channel ! Thanks for the content and information 👍
@MoveToAsia Жыл бұрын
No Roy, there is no such real estate projects yet allowing long-term visa benefits.
@SimpleX84 Жыл бұрын
Yes foreigners allow to buy condo but you can only own it for 50 years I believe.look into it
@francoistrignol3951 2 жыл бұрын
Pour l'imposition Guillaume...tu payes tes impôts dans le pays où tu passes le plus de temps..Si tu passes plus de 6 mois dans un autre pays, tu payes ton imposition, dans ce pays...Ce qui parait normal.. / Une assurance santé pour un expatrié Français va lui couter entre 100 et 150 euros par mois..
@MoveToAsia 2 жыл бұрын
Oui sauf que la retraite du secteur privé n'est pas taxée au Vietnam. Donc si on réside au Vietnam, ça peut être pertinent de s'y domicilier fiscalement car moins d'impôts ;)
@francoistrignol3951 2 жыл бұрын
@@MoveToAsia Dans beaucoup de pays, si tu résides de façon permanente, pendant plus de 6 mois..Tu payes ton imposition dans ce pays..(ce qui est un peu normal, car tu profites des infrastructures du pays..) / Il faudra voir si demain il y a un visa retraité.. // Et si tu es mariée avec une dame Vietnamienne, il faut vérifier s'ils ne considèrent pas alors les revenus du couple..
@MoveToAsia 2 жыл бұрын
Oui exact, quand tu travailles tu dois déclarer tes impôts dans ton pays de résidence (fiscale). Ma précision de la non imposition est propre à la retraite (les pensions étant considérées exemptes d'impôt au Vietnam)
@barrysmith1202 2 жыл бұрын
right: super friendly people VN (2&1/2yrs, Hoi An), super unfriendly people Philippines (4yrs)
@MoveToAsia 2 жыл бұрын
Unfriendly in the Philippines ? Always had so good experience travelling there. But never lived there long term.
@barrysmith1202 2 жыл бұрын
@@MoveToAsia its actually LIVING there as a CHEAP American, trying to save money
@tuanz8009 Жыл бұрын
@@brad3145lol
@alexlui2866 Жыл бұрын
Vietnam government does not encourage foreigners to retire in Vietnam. They need young and /or rich foreigners to keep pushing up the local economy growth. They also have proposal to allow local older workers retire early to free up more jobs for younger people
@MoveToAsia Жыл бұрын
It's not an ideal destination for retirement indeed.
@rb368370 10 ай бұрын
I retired to Da Nang in 2005. VN is a good choice.
@MoveToAsia 10 ай бұрын
Pretty nice area to retire I guess.
@rb368370 10 ай бұрын
We built a second house in a farming community outside Pleiku in the Central Highlands. It's better there.
@kreeskikoo7430 2 жыл бұрын
Bonjour Guillaume, Merci pour ton contenu très instructif. 😊. J'aurai des questions à vous poser si c'est possible d'avoir votre mail svp ou si il y a quelqu'un qui vit au Vietnam. Je suis un ancien militaire en situation d'handicap. Merci d'avance pour vos réponses. Amicalement, Antonio.
@MoveToAsia Жыл бұрын
movetoasia.com/a-propos/#contact
@gwenhoang4018 2 жыл бұрын
I’ve heard for Vietnamese whom was born in Vietnam yet left to go elsewhere could come back and regain their citizenship? I think. Would you help us to interview a Vietnamese expat? Thank you.
@MoveToAsia 2 жыл бұрын
Yes exactly. They can get back their citizenship. Good idea of content !
@gwenhoang4018 2 жыл бұрын
@@MoveToAsia could you also help us with insurance information. I don’t think anyone has done a video regarding a thorough insurance information. Thank you.
@MoveToAsia 2 жыл бұрын
Yes. Let me see. If you need a free quotation and recommendation on this, check this out : movetoasia.com/en/vietnam/health-insurance/#best-reviews
@gwenhoang4018 Жыл бұрын
@@MoveToAsia Thank you.
@thim.nguyen1250 Жыл бұрын
@@gwenhoang4018 Hello Hoang, I just listen to What The Pho's video with Duong on subjects concerning Viet Kieu. It is quite informative and helpful...
@eddielacinski928 Жыл бұрын
Retire on 1 month tourist visa. Thats fantastic
@MoveToAsia Жыл бұрын
It should be pushed to 3-month soon.
@fazbell Жыл бұрын
If you don't qualify for health insurance, you had better be LOADED. Same situation as Thailand.
@MoveToAsia Жыл бұрын
💯
@jayt3527 2 жыл бұрын
I'm an American expat currently in a neighboring country to Vietnam and am looking for my next destination. I'd be interested in being a volunteer english teacher that could possible turn into a paid position. I previously worked in IT. Can you recommend someone to talk to.
@MoveToAsia 2 жыл бұрын
Don't know anyone doing this here. Maybe checking some NGOs in Vietnam ? If you want to work in IT, you can find a lot of companies here (depending if that's something you still wanna do while being retired). We made a video about working in Vietnam with some tips to get started in your 'finding a job journey' and IT is one of the hottest sector here : kzfaq.info/get/bejne/qbSZZ6xmm7awm6M.html
@jayt3527 Жыл бұрын
@@MoveToAsia I never got the notification of your reply. Thanks for the info.
@Medwest 2 жыл бұрын
Salut Guillaume, je suis arrivé il y a une semaine Ho Chi Minh Ville, ville formidable, y a tellement à faire ! Ça fait un moment que je te suis et ce serait un honneur de te rencontrer pour boire un jus de fruit quelque part si tu es ici et si tu as le temps, désolé de te contacter comme ça mais c'est tout ce que j'ai trouvé :/
@MoveToAsia 2 жыл бұрын
Merci Med, envois moi un mail et je te donnerai deja des réponses par écrit ;)
@Medwest 2 жыл бұрын
Merci Pour ta réponse Guillaume, j'ai quitté le Vietnam et j'ai eu mes réponses entre temps, bonne continuation, merci pour ce que tu fais
@Medwest Жыл бұрын
?
@m8sm8s74 2 ай бұрын
He ended up moving to Philippines 😉
@MoveToAsia 2 ай бұрын
As Vietnam is not offering retirement visa.
@thomashinshelwood659 Жыл бұрын
There is no retirement visa in Vietnam
@MoveToAsia Жыл бұрын
Yes, no retirement visa and it's alternative at 10:30
@eileenstill7371 Жыл бұрын
Where is this location please
@MoveToAsia Жыл бұрын
The coffee shop ?
@blackrain3466 Жыл бұрын
@@MoveToAsia ..The City where you interviewed the gentleman?
@thuymientran6676 Жыл бұрын
At the beginning of the vid, he did indicate that he lives in Saigon, aka Ho chi Minh city. There are some areas of saigon that is very European-like,and some residential areas that is comparable to NYC!
@tuanz8009 Жыл бұрын
@@thuymientran6676 i don’t like to brag but the city is under development.
@joepaluka9031 2 ай бұрын
Way too slow for me. Speed up and get to the point. Sorry no tone to watch anymore
@williamnelson9332 2 жыл бұрын
a1mouth visa stupid and i have to marry some one to stay in the country no country in the world is like that i will just stay out until they make it better
@MoveToAsia 2 жыл бұрын
No country ? USA 😅 ?
@HairyPixels Жыл бұрын
This happens to us because our governments in the West accept Vietnamese as immigrants but do not put reciprocal pressure on their government to accept our citizens. Nothing changes until our governments start to advocating for our interests abroad.
@MoveToAsia Жыл бұрын
Vietnam just protect their own country. Chinese can buy properties in Paris and own part of the French heritage in such golden location. For my perspective, VN Government is doing the right thing !
@HairyPixels Жыл бұрын
@@MoveToAsia then we need to reject all Vietnamese from immigration in to our countries until there is some reciprocity. If they feel the need to project their country from Europeans they should be treated the same in Europe. I understand the need to control immigration but it's a one way street right now.
@tuanz8009 Жыл бұрын
@@HairyPixels well. Money can buy anything so it’s might be useless to make a statement.
@mojavedesertsonorandesert9531 Жыл бұрын
@@HairyPixels Vietnam is doing the right thing!!!😉☕
@HairyPixels Жыл бұрын
@@mojavedesertsonorandesert9531 Very well but they need to be banned from immigration until the United States until they change their minds.
@robertnicholson1409 6 ай бұрын
This video is misleading, if you're a foreigner ie non vietnamese you cannot retire to Vietnam because there is no such thing as a Retirement Visa. Other places like Thailand have them but not Vietnam.
@MoveToAsia 6 ай бұрын
Then sure you haven't watched the video.
@robertnicholson1409 6 ай бұрын
@@MoveToAsia what are you talking about, the heading is " Retire in Vietnam". The video is misleading.
@314Tazo 2 жыл бұрын
He talks funny...
@MoveToAsia 2 жыл бұрын
The accent ?
@turadura6620 4 ай бұрын
No dam commi Vietcong
@chautiendung 2 ай бұрын
When I die then where u wanted to resident? 😊
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