If you’re looking for somewhere truly amazing to retire to, or to raise a family, then you may want to consider Vietnam – it’s not a destination that most people would think of, but it’s actually an amazing place to live – it’s fun, exciting and truly spectacular, with interesting culture, amazing scenery, good food, and generally good weather. It’s also a place with a low cost of living – so you will find that you can enjoy a high standard of living even on modest savings. Obviously, the main thing here is that you can head here and do some internet marketing. Since the cost is so low you can start a new business or live on very little. You can build that new company if you have some money saved up. Once your company starts making money you only have to make a very small amount and everything will be great.
Housing, education and western food can be, well, not expensive – but will put the most pressure on your budget. Travel, Internet connections and telephony are very cheap, and you’ll have plenty of opportunities to pick up electronic gadgets at comparatively low prices compared to the UK or USA.
You can rent property quite cheaply, and there are some good options to buy property at prices that are incredibly competitive compared to the prices you might be used to – especially when you look at what you can get in those apartments and condos. Often, they have their own laundries, gyms, and even swimming pools – so something that would get you a ‘normal place’ back home would get you a luxury place in Vietnam. Taxi fares are quite cost-effective too, and you can negotiate if you are shrewd. It’s not a good idea to drive yourself, unless you’re very confident, because the roads can be quite chaotic, but you can drive if you want to because running a motorbike or a car is not expensive.
Eating out is amazingly affordable, especially if you are willing to eat street food or live like a local. Western food is expensive by comparison to local fare, so if you’re staying a while it’s worth trying to get used to eating like a local. Vietnamese food is tasty, and there are plenty of meat, sea food and vegetarian options, so you don’t need to worry about finding something that you will enjoy. If you look around and head to the places where you see a lot of locals eating, you can usually eat fairly confidently, not having to worry about quality.
Western food is expensive because it’s imported, and you may find that fruits and vegetables are expensive if you shop in a supermarket – but there are marketplaces where in-season food can be picked up quite cheaply.
Dating is amazingly easy for most people in Vietnam. You can go out and find yourself a girlfriend quite easily by just chatting with girls. They are so open and friendly. For those of you that are interested you can check out VietnamCupid. There’s a good review online and we recommend you go to the site before you start dating girls in Vietnam.
It is easy to get electrical goods at markets, but they are often ‘copies’ of brand names, so remember that it’s buyer beware in that case – however, if you’re not brand conscious and just want ‘a phone that works’ then you may be able to pick up some bargains.
Beer is incredibly inexpensive (cheaper than a bottle of milk!) and coffee is comparatively expensive. Eating out at fast-food places is expensive compared to other alternatives, but street food is definitely the way to go for the best value in dining.