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Considering to retire in Da Nang

malcolm1979

Hi all,


I am new to this forum. I am planning ahead for my retirement.


I have a few countries which I am considering, however on top of my list is Da Nang Vietnam.

I am seeking advise, on

  1. best Value Health care?
  2. Estimated Price?
  3. Best way to get long term residence
  4. Work?
  5. Is teaching English best way to secure employment and long term residence?
  6. Investment?
  7. What is the average monthly cost in terms of  (Note: i dont need to live extravagantly)
  8. Rent
  9. utilities
  10. general expense


Hopefully I will get to stay in Vietnam.

See also

Living in Da Nang: the expat guideBo Y border crossingNeed assistance in accommodation - Da NangHandicapped surfer moving to Da NangPlanning to move to Asia next yearMoving to Da Nang in November – Looking for tips & connectionsIs Da Nang, Vietnam The New Bali?
Cheryl

Hello Malcom,


Welcome to ½ûÂþÌìÌà 😀


Thank you for starting this new thread on the Da Nang forum.


This is a very active forum, so you should hear back from members with insights soon.


Cheers,


Cheryl

½ûÂþÌìÌà team

Aidan in HCMC

Hi all,
I am new to this forum. I am planning ahead for my retirement.

I have a few countries which I am considering, however on top of my list is Da Nang Vietnam.

Welcome to the expat.com Vietnam forum, and congratulations on your upcoming retirement. Da Nang is a very popular expat destination, so I'm sure you could be quite comfortable there.

I am seeking advise, on

best Value Health care?
Estimated Price?

With regard to health care, I suggest that the self-payer route would offer the most value.


I recently went to a new-to-me  clinic which had been recommended by a local friend who is a pharmacist here.

For a complete physical, including CBC (complete blood count), an ECG (electrocardiogram for heart rhythm/rate), chest X-ray, ear-nose-throat examination, etc and consultation with the doctor, the total cost was 1,250,000 VND (~$50 US).

Top notch service, and much better than the previous clinic I had used. Doctors, technicians, nurses and orderly staff were excellent.

Best way to get long term residence

Best way? Marriage to a local 😉

Work?

To work in Vietnam legally, after finding employment the employer will apply for a Work Permit permitting the employer to hire you. Upon acceptance of the employers application, you will then be issued a Work Visa. This visa allows for multiple entries to Vietnam for the term of the visa. This visa is valid only while employed by the company which applied for the Work Permit, and expires upon completion of a contract or termination of employment.

Is teaching English best way to secure employment and long term residence?

There have been recent changes regarding the hiring of foreign English teachers. Here is a link to a thread discussing these changes. Again, the visa issued to teachers expires upon termination of their contract with the school.

Investment?

Other members on the forum have greater knowledge of this option than I. Unfortunately, changes to the forum's "Activity History" make it difficult for me to direct you to a thread discussing specifics. I believe the investment required for a 1 year investment visa stands at ~$130,000 US. I could be way off on this, and if so I hope other members will jump in and correct me.

What is the average monthly cost in terms of (Note: i dont need to live extravagantly)
Rent

Here is a with rental listing in Da Nang. There is no English translation option, so unless you can read Vietnamese you'll have to use a browser translator.

utilities

Here on Phu Quoc Island, 2025, electricity runs me ~1, 250.000 VND/month.

Potable water ~150,000 VND for 10 X 20 litre bottles. Some months we will use 15 bottles, so ~225,000 VND.

Internet is 225,000 VND/month (unlimited bandwidth).


There's a thread on the cost of living in Vietnam, here, for 2024 which you might want to read.

general expense

Not sure what you mean. Socialising/throw-away money? If so, as little or as much as you choose.

Hopefully I will get to stay in Vietnam. - @malcolm1979

It's a wonderful country. I hope the information here is helpful to you.

OceanBeach92107

I believe the investment required for a 1 year investment visa stands at ~$130,000 US. I could be way off on this, and if so I hope other members will jump in and correct me.
- @Aidan in HCMC


1-year ÄT4 business investment visa: â‚«600,000,000 VNÄ minimum capital contribution (currently $22,776.90 USD) plus mandatory accounting & brick storefront (no virtual businesses) and government visa fee (and attorney/agent fee if necessary). Not eligible for a Temporary Resident Card (TRC) but it is renewable from year to year.


3-year ÄT3 government-approved Investor visa: â‚«3,000,000,000 VNÄ minimum capital contribution (currently $113,884.50 USD) doesn't require setting up an individual business but the investment only qualifies for the visa and a 3-year TRC if invested in a government approved industry. Requires significant paperwork that almost certainly requires hiring a Vietnamese lawyer.


FYI, I've probably posted this exact same information in the forum over 10 times, and anyone seriously searching for the information could have done an AI web search and found it.


But that would be too much like reading FAQs before starting to ask questions...

Aidan in HCMC

@malcolm1979

OceanBeach92107

@malcolm1979
Rental units, Da Nang - @Aidan in HCMC

Some interesting listings there.


Especially here in Äà Nẵng, I think It's still the best idea to come here without any sort of advanced deposit made.


Have an advance reservation through one of the major online booking agencies/apps for 3 days to a week at a reputable local hotel that fits the individual's budget.


Then first identify the desirable neighborhood.


This is a pretty large city that extends far beyond the tourist area.


Once a person decides where they would like to live, searches through an agent or an online site can become more focused and relevant.

jayrozzetti23


It's a wonderful country.
- @Aidan in HCMC


You've provided a ton of great information, but this kind of subjective blanket statement is rather misleading and should be prefaced with "In my opinion/experience,..."


in spite of its current advantages (low cost of living, developing economy, relative safety, mostly welcoming people, tropical climate, etc.), Vietnam remains a rather challenging place to retire/live long-term in numerous aspects.


I always hesitate to recommend it to anyone. Anyone who's interested should come and have a first-hand look but definitely be prepared to move on.

Dannyroc3

When I was in Nha Trang, the only down side was the VISA-RUN was much more time consuming.

My first few border runs required me to take an hour bus to HCMC, the VISA BUS to the border. This was  much more preferable because I could take the occasion to spend a day or two in HCMC.

I imagine Da Nang has a similar situation to do a boarder run.

Being in a coastal city might add to the concept of just catching a flight to a local country for a few days to gain another visa to avoid the long bus ride to the border.