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Mar 28, 2019 / 21:40

Vietnam among world’s most affordable places to move before they get too expensive

Check out these gorgeous global destinations that offer amazing value for your money and will make you want to pack your bags and join the growing global expat community.

Vietnam is among most affordable places to move around the globe before they get too expensive, according to a list released by Live and Invest Overseas (LIOS), a savvy source for information on international living, retiring abroad, and investing.
 
Vietnam.
Vietnam.
LIOS recommends Vietnam as a forward-looking country with a fast-growing economy where new US residents can live on a basic budget of just US$500 a month.
“In spots like Da Lat and Da Nang, dinner at a local restaurant costs between US$1 and US$4; a Coke costs 50 cents, and a loaf of crusty French bread is 45 cents, making it easy to stretch your dollars without much in the way of sacrifice. And it’s easy to have a fabulous beach vacation in the coastal city of Quy Nhon,” LIOS wrote.
Portugal tops the list, followed by Vietnam, Belize, Paris, Ljubljana (Slovenia), Panama, Thailand, Dominican Republic, Brazil, Chile, Abruzzo (Italy), Cuenca (Ecuador), Hyderabad (India), Mazatlan (Mexico), Malta.
Earlier, Vietnam has been named among 15 nations around the globe where retirees might easily get by on savings of US$200,000 or less, according to MoneyWise, a digital personal finance publication with a mission to create valuable content that helps people make good decisions and get ahead.
With its rich culture and history, gorgeous natural landscapes and affordable cost of living, Vietnam is a truly special retirement destination, MoneyWise said.
Two people can live on about US$1,500 a month in major cities — and if you head to the beach towns of Nha Trang or Da Nang, you could live happily on less than US$1,000 per month.
Nha Trang is home to plenty of expats and Western restaurants, while Da Nang is a modern city with a beach and a temperate climate. A one-bedroom in either city is rented for under US$400 a month.
At those prices, you’ll have plenty of funds left over to explore Vietnam’s sunny coasts, Buddhist pagodas and French colonial relics and enjoy the tasty street food and unique cuisine, blending French, Cambodian and Chinese flavors.