International Living described Vietnam as one of the world's most impoverished countries less than 30 years ago and now has very enabling conditions for pensioners.
Vietnam has been named in the list of the world’s best 10 countries for retirement in 2020 by International Living with two metropolises including Hanoi and Ho Chi Minh City. International Living a magazine providing information about global travel, living, retiring, investing, and real estate, among others.
Illustrative photo. |
The list was resulted from an annual survey of Global Retirement Index, which covers five continents with the distillation of pertinent and measurable fact of scouts and experts as well as the experience of expats.
The magazine described Vietnam as one of the world's most impoverished countries less than 30 years ago and now has very enabling conditions for pensioners. “English is widely spoken, and the local people are exceptionally friendly and welcoming. Making friends - both expats and Vietnamese - is easy. Life's little luxuries are more than affordable in Vietnam. It's not surprising that so many foreigners have chosen to retire here,” International Living wrote.
According to the magazine, “Vietnam’s exceptionally low cost of living is a major incentive for living here. Wherever you are in Vietnam, you’ll find that the cost of living is low.”
Agreeing with International Living magazine, John Powell, an expat from New York, said that he sold most of his belongings and moved to Hanoi, the historic French-influenced capital city and was absolutely charmed by lots of things including the good healthcare and good base for travel.
John said he budgets of around US$2,700 a month to take frequent trips abroad and still lives comfortably in the city.
Vietnam is one of two Asian countries mentioned in the list of worth-living place for retirement together with Malaysia. Besides, there are other Western and American countries listed namely France, Spain, Ecuador, Colombia, Mexico, Costa Rica, Panama and Portugal.
Other News
- Exhibition on Thang Long Imperial Citadel underway in Beijing
- Vietnam's central bank to inspect gold trading practices
- Hanoi trade fair promotes rural industrial products
- Hanoi-Beijing cooperation – example of bilateral relations
- Hanoi's 70th liberation anniversary literary and art contest launched
- Breakthrough ideas needed to redevelop Red River’s alluvial islet
- Hanoi builds more craft industry clusters to reduce pollution
- Surge in food poisoning calls for urgent safety measures
- Hanoi and localities promote supply of safe farm products
- Underground tunnels between metro lines planned in Hanoi
Trending
-
Exhibition on Thang Long Imperial Citadel underway in Beijing
-
Hanoi Times Podcast - May 18
-
Pristine white lotus enchants flower lovers in Hanoi
-
Vietnam's central bank to inspect gold trading practices
-
Hanoi's 70th liberation anniversary literary and art contest launched
-
Japanese duo of illusionists to wow audiences in Vietnam
-
Walking tour to experience public arts in the heart of Hanoi
-
Propaganda poster contests launched for Hanoi’s 70th liberation anniversary
-
Bas-reliefs on Hue's nine dynastic urns listed as UNESCO heritage