Moving to Vietnam? Watch my 60m starter class first → https://www.costoflivingabroad.com/offers/anCu4L3a Thinking of retiring …

If you’re thinking about retiring in Vietnam or Southeast Asia, this video is definitely for you. It’s a bit clickbaity, but this is retiring Vietnam. It’s so cheap, it should be illegal. What if I told you that retiring in Vietnam is so cheap it basically feels illegal? And like, why doesn’t everyone do that? Well, we’re talking beachfront breakfast for under $2, rent that would make a Florida landlord cry and a health care system that doesn’t bankrupt you or mess up your insurance premiums. Yeah. Are there downsides? We’ll get to those, too. Not everything here is perfect. Today I’m breaking down my real costs of retiring early in Vietnam versus somewhere like Florida in the US or Mexico where I used to live or Spain where I dream of living. So no theory, just numbers, receipts, daily budgets that’ll basically make you want to pack your bag and call your social security guy ASAP. Oh yeah, and we’ll get to the Golden Visa announcement as well, which is basically Vietnam and the government letting you know that they want you here too, not just you. First suck rent. You can live absolutely incredibly here. Have your own place by yourself service clean for less than the price of a motel 6. Dang or nrang. You’re talking like 400 to 700 a month for a modern 1 to2bedroom condo with a sea view or riverview and amenities gym pool security. I mean in Florida like even in Orlando you’re talking 1,800 2500 a month for something decent. the same type of like retirement by the beach condo. In Mexico, if you want to go coastal, Puerto Verta, close to a,000. I’d say a solid 800 to,200. It’s depending on the seasons there, too, cuz just tourism is so busy. Even in Spain, Europe’s cheapest and best hirement destination, you’re looking at at least 1,000 to,500 in a city like Valencia. Vietnam, you can basically afford a door man. I mean, you’re going to be able to get legit luxury on that 1,800 2,000 a month social security check or if you have a real pension from being like a school teacher the way I was. You’re cruising. So, foodwise, you’re talking street food heaven eating out every single meal. You’re not talking about pinching bucks or going to Costco for a dollar to $1.50. Bang me under a buck. Fresh juice 75 cents. A dollar. monthly grocery bills, you’re talking maybe two 300 bucks max for a solo. I mean, in Florida, what are you paying? $3 to $5 for a coffee, 12 to 20 bucks for lunch, minimum, like $7 or $800 a month for groceries. I don’t know how you could do under 200 a week. Even in Mexico, tacos are going to cost you a couple bucks. And that’s just street food. Groceries, realistically, when I live there and went to a supertore were at least 350 to 500 a month. Spain has amazing food, but I mean is certainly going to set you back 10 or 20 bucks. And for groceries, you’re easily going to spend 150 to 200 a month. In Vietnam, $10 will literally feed a family. In America, it barely gets you a Big Mac combo and a dirty look. Healthcare is affordable. There’s English speaking and it’s shockingly good. Here in Daang, there’s Family Medical and Vinmech, the big corporate one owned by Vinfast. And for a walk-in private clinic session, you’re talking 20 to 30 bucks. A full checkup with testing and blood work, $50 to $100. And your international health insurance can easily be under $1 to $200 a month. I’m a Safety Wing affiliate. I’ll link that below for their nomad insurance. Florida, one ER visit could cost you thousands. Your insurance premiums are likely going to be 5 to 600 a month. In Mexico and Spain, it’s affordable, but not if you need good private care. And the public health care often means long waits, terrible lineups. Back home in Canada, we have amazing free healthcare. You have to wait months for even minor checkups. In Vietnam, the doctor will literally see you today and they’re going to charge you less than your US co-pay. No forms, no drama, no sorry, that’s not covered, yada yada yada. They’re just going to actually give you great customer service and try their best to help you. It’s not perfect. You might still need to fly to Bangkok or Singapore if you have some sort of major surgery. Just get the medical with a medevac. Transportation, forget traffic. Forget the car rides. It costs pennies. Not talking about Saigon or Hanoi here. I’m just talking about Daang Vietnam. Grab motorbike rides are$1 to $2. You’re sitting on the back of a bike with a breeze in your hair. You want your own scooter and the freedom that affords. 40 to 50 a month, max a couple dollars for gas. In Florida or Canada, car ownership, 600 to a,000 a month. Insurance, gas, literally hundreds of dollars a week. Maintenance. And in Mexico and Spain, you might be able to get public transport, but you’re going to need a car if you’re living outside a major city center. It’s just not realistic to get around in those places unless you’re driving. And when I lived in Mexico, I was taking a bus, which, you know, I’m a bit too old for that. In Vietnam, you’re actually going to spend more time riding than waiting. Uber is fast, cheap, and there’s no tipping, stress, or cash involved. It is all done entirely on the app on my cost of livingabroad.com/d downloads. I have my guides, which you can get there and use them. So, let’s do an actual comparison numbers by the math expenses. I’ll put a little graphic up for you if I’m feeling very dedicated. So we’re going to compare actual numbers from Daang to Orlando, Valencia and Puerto Vic. Rent here is going to be 600 in Daang, close to 2,000 in the states, 1,000ish in Mexico, 1,200 in Spain. Food 250 Dang, 600, 400, 500. Transport probably 50 bucks versus 800, 200, 150. Healthcare $80 instead of 600, 120, 100. and entertainment. It’s kind of up to you, but I would still say numbers. It’s about a third of the cost here. So, your total walk-off monthly budget, I’m going to say 1,100 bucks low for Daang at least 4,000 to 4,500 in the US, close to 2,000 minimum. I’m saying bottom end in Mexico. And in Spain, you’re looking at the same or 2500. So, yeah, for one boring, tiny crappy condo in Florida, you could literally live well and retire in Vietnam. and still have enough money to fly home once or twice a year or to get to Bangkok or Singapore if you feel like you need better or sort of top tier, topical medical quality bonus. There’s all kinds of lifestyle perks here that just aren’t in the budget like quality of lifestyle. You can literally get your service department aka a maid service cleaning for like 50 bucks a month. You can get massages or spas here for under $10. Not the happy kind, just the normal kind. Tailor made clothing. You can get pants, shirts, dresses, 50 bucks, max 100 for a full suit, fresh tropical fruit. Literally a dollar for a kilo or less. And the beach weather 10 months a year here. It’s fantastic. And to be honest, if anything, the hot dry season gets to me more than the rainy season. I really like the rain that cooled off service my Canadian needs. I mean, is there really a competition? I think there is for Southeast Asia, but the reality is Vietnam has upped their game by introducing the new golden visa. It’s going to give you options to go permanent residence 5 to 10 years right off the bat and the entire process is going to be online. So, if this sounds like your kind of freedom, get into my downloads or my course. Check them all out. They’re at cost of livingabroad.com. You can also sign up for the newsletter. They’re linked below in the descriptions. I’ll walk you through visa, housing, healthcare, and basically everything you need to stop dreaming and actually start planning your retirement in Vietnam. And if you think I’m young to be retired, well, obviously I couldn’t afford it if I was back at home. The only reason I can do this is because I’m here in Vietnam now where it’s ridiculously easy to retire on under 200k, under 100K. It all depends on if you have an income. And I can teach you that. How to live abroad, how to retire early, and how to earn online. All right, thanks again. Check out the website costlabroad.com. We’ll put the big graphic here. My latest video is up here. My podcast, the cost of living abroad pod, is up here. Peace. Play the outro music.

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