Yangon
Urban Coastal RiverfrontYangon, formerly known as Rangoon, is the largest city and the economic hub of Myanmar. It is a city where the old and the new coexist, with colonial-era buildings standing alongside modern high-rises. The streets of Yangon are bustling with activity, from street vendors selling traditional foods to pedestrians navigating the busy sidewalks. The city is known for its cultural diversity, with a mix of Burmese, Indian, Chinese, and other ethnic groups contributing to its vibrant atmosphere. At the heart of Yangon is the Shwedagon Pagoda, an iconic golden stupa that is a major pilgrimage site and a symbol of the country. Yangon's downtown area is characterized by its grid-like streets and is home to numerous markets, including the famous Bogyoke Aung San Market where visitors can find a variety of goods from local handicrafts to gemstones. The city also offers a range of dining options, from local Burmese cuisine to international dishes. Despite its bustling nature, Yangon has several parks and lakes that provide a respite from the urban environment, such as Kandawgyi Lake and Inya Lake, which are popular spots for relaxation and recreation.
SJB GlobalConnect
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Visa & Residency
Obtaining a residency in Myanmar can be a complex process, particularly due to the country's evolving policies and bureaucratic challenges. Expats looking to reside in Myanmar typically apply for either a Business Visa or an Employment Visa. The Business Visa is suitable for those who are involved in any business-related activities. It is initially valid for 70 days but can be extended. To apply for a Business Visa, one must have an invitation from a registered company in Myanmar and provide evidence of the business purpose. The Employment Visa is intended for those who have secured a job with a company in Myanmar. This visa requires an application that includes a letter of invitation from the employing company, a contract of employment, and other personal and professional documents. The Employment Visa is usually valid for up to three months but can be extended upon providing proof of ongoing employment. The process for both visas involves submitting the necessary documentation to a Myanmar embassy or consulate or applying online through the official eVisa system, where available. The eVisa system is relatively straightforward and can expedite the process, but it is not available for all types of visas or extensions. Once in Myanmar, expats must navigate the local immigration office for any required extensions, which can be time-consuming and require additional documentation. It is important to note that the political situation in Myanmar can impact visa policies and the ease of obtaining residency. The rules and requirements are subject to change, and it is advisable to consult the latest information from the Myanmar government or a professional visa service. Overall, the process is considered very challenging due to the detailed documentation required, the need for local sponsorship, and the potential for bureaucratic delays. Expats should be prepared for a rigorous application process and should ensure they remain compliant with the country's immigration laws to avoid penalties or deportation.
Cost of Living
The cost of living in Yangon is moderate compared to other major cities in the region, with expenses such as housing, food, and transportation being relatively affordable for expatriates and locals alike.
Weather
Yangon has a tropical monsoon climate with a marked rainy season from May to October, followed by a dry season from November to April.
Healthcare in Yangon
Yangon is home to several reputable healthcare institutions, including the Yangon General Hospital, which is one of the largest public hospitals in Myanmar and offers a wide range of medical services. There is also the Pun Hlaing Siloam Hospital, a private hospital that provides high-quality healthcare and is part of an international network.
Schools in Yangon
Yangon is home to several international schools, such as the International School Yangon (ISY), which offers an American-style curriculum for students from pre-kindergarten through grade 12. Another notable institution is the British School Yangon, which provides a British-based education and includes the International Primary Curriculum.
Yangon also has bilingual schools, including the Yangon International Educare Centre, which offers education in both English and Myanmar languages. The Horizon International School in Yangon is another example, providing a bilingual curriculum with a focus on English language acquisition.