Vietnam at Top 14 Destinations for Expats in 2018, from InterNations.com (page 13)
A "Global Expatriates: Size, Segmentation, and Forecast for the Worldwide Market" report indicates there are about 66.2 million expats in the world - 0.88% of world population - in 2017, and this number is expected to reach 87.5 million by 2021. Following that trend, the number of expats in Vietnam increases dramatically.
Find out the best places for living in Vietnam.
According to the Expat Insider survey in 2018 from the largest community for expats, InterNations, Vietnam ranked as the 14th position of the best destinations for expats all over the world. Meanwhile, Vietnam is appreciated for the “Personal Happiness” index with the 6th highest of the world.
Every year, more and more expats coming to Vietnam to live, work, and enjoy their lives here. The statistics in 2015 showed that the number of foreign workers or expats in Vietnam was approximately 83,500.
The expats in Vietnam mostly reside in the major cities of the country such as Ho Chi Minh City, Hanoi, Da Nang, Nha Trang, etc. And in every city, there are some areas that many expats gather and live nearby.
Thao Dien Ward, District 2, Ho Chi Minh City is the living area of many expats
Vietnam is considered to have a stable political situation without any major political conflicts. Besides, it is happy news to report that there is little to no terrorism in Vietnam.
Safety is the first care of many expats
However, pickpocketing and petty theft can be an issue. Therefore, expats in Vietnam should be aware of this and protect your assets carefully.
Be careful with the pickpocket issue in Vietnam
Sign up for travel insurance when traveling in Vietnam:
In the report released by InterNations, Vietnam is dubbed as a “financial paradise” for expats because of the low cost of living. The average cost of living range in Vietnam is from US$ 700 to US$ 1,400 per month. Almost all of the costs in Vietnam are much cheaper than in many other countries. The cost of living for expats in Vietnam includes some expenditures such as house rental, food and drink, transportation, and shopping.
It is good to know that Vietnam is ranked as the 1st country where expats can easily apply for a job, according to InterNations report in 2018. The most common job for expats in Vietnam is a foreign language teacher. The demand for foreign teachers is very high, ranging from kindergarten to university level.
An expat working as an English teacher
In addition, thanks to the fast growth rate of the economy, the demand for foreign experts and managers in many fields is increasing significantly. And according to the Expat Explorer survey of HSBC, the average salary of expats per year is approximately US$ 88,000.
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The national healthcare system in Vietnam has been improving under great effort from the Government. It will be much easier for expats to find health care providers in the major cities such as Ho Chi Minh or Hanoi.
Healthcare system in Vietnam is quite good and improving
For international citizens, it is better to take out private health insurance and seek private and international health services.
About the education for your kids, there are 5 basic levels in the national education system:
You can choose private/international schools for your kids. The public schools often require academic excellence from their students while the international schools offer an open environment for kids. Over the past years, many international schools have been established to meet the high demand from the growing expat population. Except for primary school, there are school fees for all other education levels, with a fixed and lower range in the public section compared to private education.
Vietnam offers international schools with a great curriculum
It is no doubt that Vietnam is an attractive destination for the expat community. Considering all the pros and cons, many expats choose Vietnam to live and work. How about you? Share with us about being expats in Vietnam by commenting below!
© Written by Minh Anh for itourvn.com
I have lived in District 2, 7, and 1, and I loved all of these districts. The only off-side with District 2 is the floods during the raining season around July to October.