Exactly what you need to know to move to Vietnam... forever.

About this video

• Video Title: Exactly what you need to know to move to Vietnam... forever.
• Channel: brokethehabit
• Speakers: Peter
• Duration: 00:13:46

Overview

This video provides essential information for individuals considering a permanent move to Vietnam. The speaker, Peter, shares practical advice and personal experiences on various aspects of relocating, including obtaining an eSIM, navigating visa requirements, managing money, finding housing, understanding air quality and safety, and dealing with taxes. He aims to offer a more realistic and comprehensive perspective than what is often presented by other content creators.

Key takeaways

• eSIM and Connectivity: Having a reliable phone connection with an eSIM is crucial for daily life, including communication, travel, and accessing essential apps. The UBG app is recommended for purchasing data plans with a discount code "habit".
• Visa Requirements: Information is provided on obtaining a Vietnamese visa, including an online application for foreigners and the Vietnamese exemption card/Vitu visa for those with Vietnamese heritage. It's important to note arrival dates and potential immigration issues.
• Financial Management: The maximum amount of USD or VND that can be brought into the country is 5,000 USD or 15 million VND. Exchanging currency at local jewelers or money exchange places is suggested, and ATM withdrawals from banks like TP Bank are possible with potential fees.
• Housing and Registration: To find housing, Facebook groups are recommended by searching for "chung cư" (condo) and the desired district. It's vital to vet real estate agents and verify listings. All residents, including foreigners and tourists, must register with the local police ward, a responsibility often handled by the agent.
• Environmental and Safety Considerations: Air pollution is a significant concern, so it's advised to bring asthma medication and ensure living spaces have good ventilation and air conditioning. While generally safe, the speaker warns against being careless with belongings, particularly phones, to avoid theft.
• Residency and Financial Implications: It's advised to maintain residency status in your home country when moving abroad to avoid complications with investments and financial accounts. Losing non-resident status can lead to forfeiting benefits and a complex reapplication process if you decide to return.
• Taxes and Work Permits: The process of obtaining a work permit and understanding tax obligations in Vietnam is described as lengthy and complex, even for Vietnamese citizens. Standard health checks, criminal record checks, and notarized/translated degrees are necessary.