Should I buy or rent a home in Ho Chi Minh City?

If you have not spent a lot of time in Ho Chi Minh City, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"In 2013 I retired and moved permanently to Viet Nam. I had met a Vietnamese woman and married her in 2014. I purchased a 4 story, 4 bedroom 3 bath home in HCMC for $140,000 and I have been living here happily ever since. I live in a Vietnamese district where there are very few foreigners, but I have met some at the pool I go to and at my gym. I also have a number of Vietnamese friends," commented one expat who made the move to Ho Chi Minh, Vietnam.

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"Buying a home in Ho Chi Minh City can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of rental properties. Renting a home in Ho Chi Minh City can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Ho Chi Minh City should be based on individual needs and preferences," remarked another expat in Ho Chi Minh City, Vietnam.