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Living in Vietnam as an expat

Living in Vietnam as an expat: Pros & Cons, Cost of living and more

30/07/2023 1.895 views

Living in Vietnam as a foreigner unveils captivating cultural immersion, delectable cuisine, and a vibrant local lifestyle, creating a memorable experience.
Living in Vietnam as an expat offers a fascinating blend of vibrant culture and delicious cuisine

Living in Vietnam as an expat offers a fascinating blend of vibrant culture and delicious cuisine (Source: Collected)

Living in Vietnam as an expat, you will discover stunning landscapes, favorable weather and friendly locals. The country attracts over 100,000 expats from around the world, including from China, Korea, Japan, Taiwan and the United States. Popular choices for living and working as an expat in Vietnam include bustling cities like Hanoi, Ho Chi Minh City, Danang, Nha Trang, etc., offering an enriching experience abroad.

1. How is expat’s life in Vietnam: Pros & Cons

Living in Vietnam as a foreigner is a significant milestone that requires thorough research on various aspects. Here are some pros and cons to consider.

Pros 

  • Affordable living costs: Expats in Vietnam benefit from affordable goods and services, enabling savings through smart negotiation while their salaries cover living expenses.
  • Varied and convenient transportation: Expats life in Vietnam have convenient and accessible transportation options, including airports, buses, trains, taxis and affordable car/motorcycle rentals.
  • Job opportunities for English speakers: For foreigners working in Vietnam, teaching English is a lucrative and sought-after job due to the high demand for both native and non-native speakers.
  • Superb cuisine: Living in Vietnam as an expat means savoring affordable and diverse Vietnamese cuisine, a true delight for food lovers.
  • Pleasant weather: Vietnam enjoys a warm and pleasant climate with rare natural disasters, despite occasional tropical monsoons and storms.

Cons 

  • Price scams targeting foreigners: Living in Vietnam as an expat can be expensive, especially in tourist areas where prices are often higher compared to locals. 
  • Traffic and air pollution challenges: Chaotic traffic, primarily dominated by motorbikes and air pollution are prevalent issues in urban areas. 
  • Complex administrative procedures: Living in Vietnam as a foreigner requires assistance from a local agency to navigate visa, work permit and resident card procedures.
  • Culture shock: Vietnam’s rich cultural heritage, customs and traditions may require time for adjustment, particularly for those coming from Western countries. 
  • Extreme weather: Summer is very hot (30–40°C), which can be challenging for people coming from temperate countries. As for winter, the humidity makes it feel bitterly cold, with temperatures ranging from 2–20°C depending on the region.
Immerse yourself in Vietnam's stunning landscapes

Immerse yourself in Vietnam’s stunning landscapes, from vibrant green terraced rice fields to majestic limestone mountains and pristine, untouched beaches (Source: Collected)

See more: Vietnam location and other cool things to find out

2. Average cost of living in Vietnam as an expat & Budgeting tips

Vietnam’s average cost of living

Vietnam is ranked 86th globally and 6th in Southeast Asia for cost of living, according to Numbeo. Expats in Vietnam find it affordable, with 93% having enough money to cover their needs. 

Monthly expenses range from $700 to $1,400, covering various aspects of life. However, actual costs may vary based on your lifestyle. Ultimately, Vietnam’s affordability as an expat destination depends on your personal preferences.

Budget-friendly tips for foreigners living in Vietnam

  • Embrace Vietnamese cuisine! Opting for local food over Western options can save you quite some money. 
  • Shop for groceries at local markets and be prepared to negotiate prices. While traditional supermarkets have fixed prices, bargaining at markets can help you get a better deal. 
  • Discover local attractions. Museums and temples within the city tend to be more affordable compared to popular tourist spots. These attractions are often accessible to locals, making them more budget-friendly.
Tay Ninh Holy See

Exploring local attractions is highly recommended when living in Vietnam, as it offers a chance to immerse yourself in the country’s rich history, diverse culture, and unique traditions (Source: Collected)

See more: Vietnam time: Key facts that every world traveler should know

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3. Best places to live in Vietnam as a foreigner

As an expat living in Vietnam, it’s ideal to be close to major cities like Hanoi, Ho Chi Minh City, Da Nang, Nha Trang and more. These urban areas provide a wide range of amenities for expat living.

  • Hanoi: An appealing choice for expats and foreigners living in Vietnam, thanks to its cultural charm and diverse accommodations.
  • Hoi An: Attracts expats and foreigners to Vietnam with its historic charm, diverse architecture and serene surroundings.
  • Da Nang: Provides an excellent expat life in Vietnam with impressive natural scenery, a clean environment and diverse services.
  • Nha Trang: Allures expats and foreigners with breathtaking attractions, a pleasant climate and well-developed infrastructure in Vietnam.
  • Da Lat: An ideal destination for foreigners living in Vietnam, offering a captivating atmosphere, stunning landscapes and well-preserved French architecture for a fulfilling expat life.
  • Ho Chi Minh City: The thriving hub where expats live in Vietnam, offering a vibrant community and favorable living conditions for foreigners.
  • Vung Tau: A prime choice for expats in Vietnam, with its strategic location, mild climate and beautiful beaches providing a favorable experience.
There are plenty of charming destinations awaiting you in Vietnam

There are plenty of charming destinations awaiting you in Vietnam (Source: Collected)

See more: Vietnam cities: 12+ places from North to South suggested for your travel

4. Other must-knows about living in Vietnam as an expat

4.1. Languages used in vietnam

The Vietnamese language is the primary language of Vietnam, but living in Vietnam as a foreigner, English is often used due to its global popularity. It is widely utilized by international companies and tourists who see Vietnam as a potential destination. 

English is commonly studied in cities but lacks teachers in rural areas. Proficiency in English enhances the travel experience for foreigners in Vietnam, along with other popular languages such as French, Chinese and Japanese.

4.2. Money in Vietnam

Living in Vietnam as an expat, it’s important to note that the Vietnam currency is the dong (VND), not the Vietnamese dollar. The exchange rate is currently around 1 USD to 23,000 VND.

In major cities like Hanoi and Ho Chi Minh City, US dollars are widely accepted, but expect additional fees and potentially inflated prices. However, it is advisable to have VND for smoother transactions and to avoid any difficulties in receiving change or making purchases.

4.3. Popular means of transport

Motorbikes are a convenient way to travel short distances in Vietnam. Adventurous travelers can experience long-distance journeys by motorbike to enjoy beautiful scenery. There are many motorbike rental shops available in most cities, as well as ride-hailing services like Grab, Be and Gojek in Hanoi and Ho Chi Minh City. 

Remember to prioritize safety by wearing a helmet and consider other transportation options for different distances, such as bicycles, buses, airplanes, trains and more.

Riding a motorbike allows you the freedom to explore the beauty of Vietnam to your heart's content

Riding a motorbike allows you the freedom to explore the beauty of Vietnam to your heart’s content (Source: Collected)

4.4. Jobs and salaries for expats in Vietnam

Expats in Vietnam can teach languages with competitive salaries and training at English schools, but job options in business, finance, or marketing are limited due to the insignificant number of multinational companies. Expats can consider transfers to their employer’s Vietnam office or explore opportunities abroad, taking into account expat salary in Vietnam.

Alternatively, they can become digital nomads in Vietnam. Expats in high-growth industries or multinational companies can earn an impressive salary, averaging around US$78,000/£55,000.

Read more: Vietnam religion: Get a thorough understanding of the local beliefs

4.5. Requirements for opening a bank account in Vietnam for foreigners

Can foreigner open bank account in Vietnam? Yes, by proving their eligibility to reside in the country for more than 12 months. This requires a temporary residency card, proof of employment and a local address.

For business bank accounts, additional steps are involved, including having a legal representative co-sign the application and providing evidence of the business’s legitimacy. Required documents generally include a valid passport, a long-term visa or resident card, and proof of address.

4.6. Residency registration for expats in Vietnam

Living in Vietnam as an expat involves obtaining a working visa, a temporary residency permit and a permanent residency permit. To get a working visa, you’ll need a job offer, good health, a clean record and relevant qualifications or experience.

For a temporary residency permit, approval is required to work in a business, own a business or have government endorsement.

After living in Vietnam for at least 3 years with a temporary residency permit, you can apply for a permanent residency permit. Stable income is necessary and the permanent residency card requires renewal every 10 years.

Living in Vietnam as a foreigner enables you to enjoy a happy and safe life

Living in Vietnam as a foreigner enables you to enjoy a happy and safe life (Source: Collected)

4.7. Real estate rental in Vietnam

Living in Vietnam as an expat is cost-effective. Luxurious and reasonably priced properties are available, with spacious two-bedroom apartments in city centers costing under $1,500 per month. 

Even further out, one-bedroom apartments can be as low as $400-$600 per month. Many rentals come fully furnished, reducing additional expenses. As an expat, Vietnam offers affordable living options.

4.8. SIM card in Vietnam

Living in Vietnam as an expat makes getting a SIM card cheap and easy. At the airport, you will find stalls selling SIM cards, although they may be slightly pricier. 

Topping up your SIM card costs around 100,000 VND per month ($5 USD). Local stores also offer phone top-up services for your convenience.

See more: Vietnam map: 14 top-rated places that travel enthusiasts should NOT miss

4.9. Healthcare and Education

When living in Vietnam as an expat, accessing improved healthcare through private hospitals and English-speaking doctors is possible. It is important for expats to obtain expat health insurance in Vietnam and be mindful of the limited availability of healthcare services in rural areas.

For education, expats in Vietnam should consider private or international schools, as they offer a dynamic learning environment. Public schools follow traditional methods, while private options prioritize practical experience. However, private schools may have higher tuition fees and waiting lists.

Vietnam's healthcare and education systems

Vietnam’s healthcare and education systems continue to make significant strides in providing accessible services and opportunities for its citizens (Source: Collected)

5. Frequently asked questions about living in Vietnam as a foreigner

5.1. Is it safe for foreigners to live in Vietnam?

Living in Vietnam as a foreigner is safe and enjoyable. Vietnam has progressed since the war, ranking 57th out of 163 countries in terms of safety. Violent crime is rare, but watch out for overcharging vendors and traffic accidents. 

Crossing the street requires a steady pace, and locals are most likely willing to provide help if you need it. Familiarize yourself with driving rules to minimize risks. Burglaries are uncommon but more likely in urban areas. 

Scams have decreased, reputable taxi companies are recommended. Enjoy fresh local food and drink safely. Living in Vietnam as a foreigner offers a great experience with necessary precautions.

Read more: Vietnamese People and Outstanding Characteristics That You May Not Know

5.2. Is living in Vietnam expensive?

Living in Vietnam as a foreigner offers a high standard of living at a low cost. The cost of living in Vietnam is significantly lower compared to Western countries, with a 42.8% reduction compared to the UK and a 63.5% reduction compared to the US (2022 data). 

Expats in Vietnam’s technology and services sector enjoy high salaries, averaging around US$78,000/£55,000. With the affordable cost of living, it provides a comfortable lifestyle.

Vietnam, with economic centers in Hanoi and Ho Chi Minh City, is a rapidly developing country attracting substantial foreign investment. It has sustained consistent economic growth since 1990 and is projected to be among the top 10 global economies by 2050.

Living in Vietnam as a foreigner allows you to experience this growth, competitive salaries and affordable living expenses firsthand.

The cost of living in Vietnam is not overly expensive

The cost of living in Vietnam is not overly expensive (Source: Collected)

5.3. Where do most expats live in Vietnam?

Living in Vietnam as a foreigner is a unique experience. Major cities like Hanoi and Ho Chi Minh City offer a familiar urban lifestyle with access to food, entertainment and transportation. Popular expat neighborhoods include Tay Ho in Hanoi and Binh Thanh in Ho Chi Minh City.

Coastal cities like Da Nang and Nha Trang provide a quieter living environment. Adapting to life in Vietnam as a foreigner may require some time as the country is lively and vibrant, resulting in a higher level of noise compared to your home country.

5.4. How long can a foreigner live in Vietnam?

Working in Vietnam as a foreigner requires obtaining a work permit. It’s called a Temporary Residence Card (TRC) and is valid for two to five years. TRCs cover work, study or business purposes. Family members can also apply for their own TRCs. 

Visit the Vietnam Immigration Department’s website to download forms and submit them at a local office. Visa regulations may change, so contact your embassy for updates.

5.5. How can a foreigner get a job in Vietnam?

For expat jobs in Vietnam and a successful life as a foreigner, visit on a tourist visa. Immerse in local culture, adapt to busy streets with motorcycles and be proficient in English.

Foreigners have around three months to find jobs in Vietnam, but language skills and connections are important. Engage online and seek advice from expats on forums and LinkedIn.

Jobs for expats in Vietnam are mainly with international companies, especially in Hanoi and Ho Chi Minh City. Discover independent methods to find these jobs and adjust to life as a foreigner in Vietnam.

Foreigners can find job opportunities in Vietnam with the right qualifications and skills

Foreigners can find job opportunities in Vietnam with the right qualifications and skills (Source: Collected)

5.6. Can foreigners buy property in Vietnam?

Currently, non-Vietnamese foreigners cannot directly own land in Vietnam. However, they have the option to secure a 50-year lease for land and build a house on that leased land.

5.7. Can a foreigner buy a car in Vietnam?

To work in Vietnam as a foreigner, you need a valid introduction letter from the State Protocol Department or the Department of External Affairs, along with a diplomatic or official ID card.

Foreign residents and students in Vietnam must have a visa valid for at least one year or suitable alternative documents for Vietnam travel. 

For more information on living in Vietnam as a foreigner and traveling to Vietnam, please consult official government websites or relevant authorities.

While living in Vietnam as an expat, explore popular destinations like Hanoi, Phu Quoc, Nha Trang, Hoi An and Da Nang. Don’t miss the chance to enjoy world-class entertainment complexes such as VinKE & Vinpearl Aquarium, VinWonders Nam Hoi An, VinWonders Nha Trang, VinWonders Phu Quoc and more, offering unique experiences for fun with friends and family.

VinWonders Phu Quoc

Together with family and friends, you can enjoy joyful moments at VinWonders

Together with family and friends, you can enjoy joyful moments at VinWonders

Book tickets to VinWonders Phu Quoc, Nha Trang, Nam Hoi An, VinKE & Vinpearl Aquarium for a memorable group trip!

Living in Vietnam as a foreigner or expat opens up a world of adventure, immersing you in a vibrant culture, tantalizing cuisine, and warm hospitality. Embracing this unique opportunity, you can explore historical landmarks and breathtaking landscapes, truly capturing the essence of Vietnam. Whether you choose to reside in bustling cities like Hanoi or Ho Chi Minh City, living in Vietnam as a foreigner or expat offers a dynamic and enriching lifestyle. Engaging with the locals and immersing yourself in the traditions and customs of this fascinating country will create lasting memories and a deeper understanding of Vietnam’s rich heritage.

 

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