Sudden influx of Am...
 

Sudden influx of Americans looking to retire in Vietnam?  


thirdstrikeIII
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I am not sure if this is true but I saw some articles floating around talking about this. Can anyone confirm this? I know there has been in influx of Americans down in Mexico because the cost of living in cities across the country is just too expensive. 

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Caphezilla
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I'm not sure if there's been an influx of Americans looking to retire in Vietnam. I don't have any hard data on this, but I've heard rumors that it's happening.

I think if you look at the cost of living in cities across the country, it would make sense that people are looking elsewhere to retire.

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TBH23
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More people are moving down to Mexico vs to Vietnam. They are closer to family. I think you can get about the same standard of living with USD in Mexico but it is much closer to America. 

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kikobeep
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https://www.latimes.com/world-nation/story/2019-12-25/americans-are-retiring-to-vietnam-for-cheap-health-care-and-a-decent-living-standard

That one is from 2019. I think there have just been more people moving there in recent years because of the very reasons it outlines in the articles. It doesn't mean large numbers of people are moving there. If prior to 2019, only an average of 20 people were moving to Vietnam and it jumped to 100, per year that is a large jump but still not a lot of people. 

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SoVintage
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The numbers are up, yes but it isn't a serious influx. As mentioned above, there are just more people moving there but the numbers aren't extraordinarily high or anything like that. 

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Larsay
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Not accurate for a simple reason : NO retirement visa in Vietnam, which is stupid. So, as a non-working person, you cannot stay more than one month (actually, these days, as long as you want with e-visas BUT they are for 15 days only, so, you have to go out of the ountry every 2 weeks, unfeasible !. In Thailand, there are so many that it bring billions fo hard currency to the country each year

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LOFIre
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You need a lot of money to retire in Vietnam. You can just have some money and go there and expect not to work. 

That being said, there are more people moving there but they aren't going to retire. They are moving to work and later retire. 

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Larsay
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@lofire

Lot of money ??? It is one of the less expensive country in the world. You can live very well here with 1200$ a month ! As already written, the reason for not many retirees is the absence of a retirement via

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Soulie
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I looked into this more and it seems like the influx percentage is higher than the actual number of people and those who do go to Vietnam to "retire" are just spending extended stays there. 

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Boo_chan
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There isn't a true retirement in Vietnam for locals so I am not sure what this even means. Are they just taking all their saved money and moving there? Last I checked you would need to invest in the country for that to be acceptable if you are not going to work. 

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