Expat Advice: Financial Issues in 1. Before retiring in Vietnam, expats need to be aware that it is important to thoroughly research visa requirements and other legal requirements to move to and stay in the country. 2. Ensure adequate pension and health insurance coverage, as the local public system does not cover expats. 3. Vietnam’s climate is varied and the best time to visit depends on the region. Be mindful of temperature extremes and humid conditions. 4. Renting or buying a home in Vietnam can be expensive, requiring diligent research to find the most suitable housing option. 5. Know the local customs and culture as it is important to build relationships and understand the locals. 6. It is important to gain a basic understanding of the language; most locals in the cities speak some English, while in rural areas, there are fewer English speakers. 7. Understand that Vietnam is a cash-based society, so be sure to have some cash always available., Vietnam

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

1. Before retiring in Vietnam, expats need to be aware that it is important to thoroughly research visa requirements and other legal requirements to move to and stay in the country. 2. Ensure adequate pension and health insurance coverage, as the local public system does not cover expats. 3. Vietnam’s climate is varied and the best time to visit depends on the region. Be mindful of temperature extremes and humid conditions. 4. Renting or buying a home in Vietnam can be expensive, requiring diligent research to find the most suitable housing option. 5. Know the local customs and culture as it is important to build relationships and understand the locals. 6. It is important to gain a basic understanding of the language; most locals in the cities speak some English, while in rural areas, there are fewer English speakers. 7. Understand that Vietnam is a cash-based society, so be sure to have some cash always available.

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote