TẠP CHÍ ĐIỆN TỬ
Vietnam seen as cheapest country to live as expat
The remark made by William Russell who commissioned a research, according to Daily Mail, the British newspaper.
Vietnam is the cheapest country to live as an expat, according to the experts at , noted an article released by Daily Mail, the British newspaper, earlier this week, according to a report from the Government News on June 21.
Daily Mail quoted a spokesperson's saying that a long-time favorite among budget-conscious and digital nomads, Vietnam has all the ingredients needed to make the perfect quality of life.
From sun-swept beaches to metropolitan cities, good food and friendly locals, modern conveniences and ancient traditions to discover, Vietnam is one of the few countries that can truly claim to have it all.
A one-bedroom apartment can cost as little as $361 or £265 a month while a three bedroom condo comes to $801 or £589 on average per month.
And the overall cost of living in Vietnam is 59 per cent cheaper than the UK, highlighted William Russell.
The experts say the country's cheapest city is Da Nang, a coastal metropolis with easy access to beaches and a vibrant nightlife scene.
Earlier, a 2024 InterNations study showed that Vietnam is the most affordable country in the world for expats, ranking first out of 53 destinations when it comes to personal finances.
Vietnam also came in 40th place for quality of life, 29th place for expat essentials such as digital life, housing and language, and ranked 14th for working abroad-with considerations like career prospects, salary and job security factored in.
Meanwhile, the 2024 Expat Insider report stated that 86 per cent of expatriates rated Vietnam's cost of living positively, more than double the global average. Some 65 per cent expressed satisfaction with their financial situation, citing high incomes and low expenses. Around 19 per cent reported annual earnings of above $150,000 compared to the global average of 10 per cent.
Data from MovetoAsia, a consultancy specializing in foreign investment and relocation, shows an 18 per cent increase in expatriates seeking assistance to move to Vietnam in 2024.
Vietnam hosted more than 9.2 million international visitors in the first five months of the year, rising by 21.3 per cent against the same time of 2024, according to the Vietnam National Authority of Tourism (VNAT).
