Vietnam top 10 most popular places to expatriate

Expatriation Vietnam Ranking Cost Suitable Popular

Vietnam was chosen by expatriates and foreign residents as the ideal place to live in terms of high salaries, low cost of living, and Vietnamese culture and lifestyle. Vietnam was chosen more often by

In its expatriate survey report, HSBC, the world's leading bank, ranked Vietnam as one of the top 10 ideal residential destinations for expatriates.

The report asks questions about quality of life, economic well-being, and the ease of raising a family abroad. The target audience is as many as 18,000 expatriates in 163 countries.Vietnam was ranked in the top 10, up eight places from last year's 18th place.

Why Vietnam is a popular destination for expatriates

Its appeal has grown enormously in recent years, according to the HSBC Expatriate Survey Report report, which praised the country's spectacular scenery, vibrant culture and attitude to work-life balance.

Because the Vietnamese community welcomes foreigners to participate in cultural events, many foreigners moving to Vietnam have stated that they were able to quickly adapt to the local lifestyle upon arrival. This is an important opportunity for foreigners to form a community with the local people.

In addition, expatriates essentially received a salary increase thanks to Vietnam's relatively low cost of living.

Switzerland tops the list of most popular places to live abroad

In this year's report by HSBC, Switzerland comes out on top, followed by Singapore. Switzerland has held the top spot for the past four years. A whopping 40 percent of expatriates say Switzerland has a better natural environment than their home country, and 70 percent of expatriates rate the quality of life in Switzerland as good. Switzerland's low crime rate and its economic and political stability are also highly regarded.

Other countries in the top 10 list are Canada, Spain, New Zealand, Australia, Turkey, Germany and the United Arab Emirates.

Vietnam ranks top two in cheapest cost of expatriation

Vietnam is also ranked second in the world's cheapest countries to live in, according to the British website InternationalLiving.com.

The article introduces a life without spending money in Vietnam, saying that if you buy locally produced food and household goods and eat and drink at restaurants that local Vietnamese go to, you can live relatively cheaply. In addition, the article also presents Vietnam as an ideal country because you can easily find Western restaurants and food import stores.

Ho Chi Minh City and Hanoi are the most expensive cities in the country, but provincial tourist cities like Da Nang, Hoi An, Nha Trang and Vung Tau offer even more economical living.

Two people can live in the major cities for about $1,500 per month, while in Nha Trang and Da Nang you can live for less than $1,000 per month. Nha Trang is home to many foreign residents and western restaurants. Da Nang, on the other hand, has beaches and a warmer climate that gives the city a more resolute feel.

⇒ Living costs in VietnamCalculate【simulation】

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