Reprinted from: Best Place To Retire
When you hear the name Vietnam, the first thing that will probably pop into your head is the war that was fought there nearly 40 years ago.
The good news for retirees is that things have changed considerably in the intervening years and Vietnam has become an excellent place for Americans to retire – especially if you love natural beauty. The country’s unspoiled tropical rain forests, virgin beaches and islands, mountains, rivers and amazing waterfalls, highlands and exotic wildlife come together to form a vast array of things to see and experience.
Let us see what makes retiring to Vietnam an attractive option. We’ll start with a low cost of livingcompared to the United States.
Would you like to live for $750 a month?
In addition to its natural beauty, Vietnam offers a relatively lower cost of living than here in the US. As an example of this, it’s possible to live for about $750 per month in Nha Trang, which includes $350 a month to rent a furnished, 2-bedroom house with high-speed Internet and cable TV. One American who moved recently to Nha Trang has said that she can’t imagine a more enjoyable place to be retired.
A high quality of life
Despite its low cost of living, Nha Trang offers a high quality of life. The city boasts a park that runs almost the entire length of his 6-mile-long beach and its bay is gorgeous. The low price of food in Nha Trang means that you can eat out often and there are dozens of restaurants that serve Western foods. One of these restaurants has a menu that lists few items costing more than 40,000 dong or slightly less than $2 American.
Nha Trang is easy to reach, as it is only about 25 miles from Cam Ranh International Airport. However there are no nonstop flights from the US to Cam Ranh.
Healthcare is close at hand
The city is also located close to the 1,000-bed Khanh Hoa General Hospital so it’s relatively easy to get good health care. The country is currently working on a universal healthcare system that will cover all Vietnamese people. It is studying Thailand’s health care system as a model.
If you were looking for a place to retire to with a very low cost of living, Vietnam would be a good choice. It is one of the cheapest countries in Southeast Asia. For example, a taxi ride from the airport to Ho Chi Min City costs around $4.50 US and you can rent an average apartment in central Ho Chi Minh City for around $445 US per month. You can hire a house cleaner for $100-$150 per month and a visit to a doctor costs around $50. A dinner in a top-quality restaurant will cost you about $20.
In general, housing in Vietnam is also relatively cheap and you can rent or purchase different kinds of accommodations such as private residences, villas, apartments and service apartments – even in the big cities. If you don’t want to incur the cost of buying a home, you can rent accommodationsthat are readily available in the cities of Hanoi and Saigon. Apartments that are not air-conditioned can be rented for around $350 US per month. Independent houses rent for around $500 per month. However, if you want to rent a house near a commercial center, it may cost you $800-$1000 per month.
There are also luxury houses available for $2000 plus per month that are located inside what are called housing societies that offer amenities that include sports and recreational centers. You can also rent a Villa for around $2000 per month.
Vietnam’s climate is on the warm side with temperatures that reach the mid-80s on a typical day. The climate is also usually humid. However, when there is a breeze from the ocean, the temperature cools down a bit.
As a general rule, there is a good standard of healthcare in the cities especially in Hanoi and Saigon. Hospitals in the cities are equipped with modern medical equipment while hospitals in small towns and cities may not have such facilities but can provide basic healthcare. You don’t need to bring medicines from the US as Vietnamese pharmacies are well stocked.
In Vietnam’s big cities such as Hanoi and Saigon, the most common forms of transportation used by locals are rickshaws and bicycles. Private taxis are a good option as they are very affordable, plus there are air-conditioned buses that operate at certain intervals.
As you can begin to see there are many reasons why you would want to consider retiring to Vietnam. The low cost of living, theaffordable housing, the beautiful people and climate.