You Will Never Retire in Vietnam. Here’s Why

About this video

• Video Title: You Will Never Retire in Vietnam. Here’s Why
• Channel: Evan Eh! 🇨🇦
• Speakers: Evan A
• Duration: 00:22:35

Overview

This video challenges the common perception of retiring in Vietnam, presenting nine reasons why it might not be suitable for everyone. The speaker, who has retired early in Vietnam, argues that while the low cost of living is attractive, the significant culture shock, differences in healthcare and infrastructure, bureaucratic hurdles, language barriers, and climatic challenges require substantial adaptation. The video emphasizes that moving to Vietnam is not about finding a cheaper version of home but about transforming oneself to fit into a completely different culture and way of life.

Key takeaways

• Culture Shock is Real and Permanent: The fundamental difference between locals and foreigners persists, and adapting to the local culture is a necessity, not an option.
• Healthcare is a Tale of Two Worlds: While major cities offer modern private hospitals, rural areas have a less developed infrastructure, necessitating careful planning and insurance.
• Visa Rules are Unpredictable: Immigration policies can change frequently, requiring flexibility, patience, and sometimes the help of agents to navigate.
• Language Barrier and the Expat Bubble: The tonal nature of Vietnamese and the prevalence of English-speaking expat enclaves can lead to isolation and a retreat from authentic local experiences.
• Bureaucracy and Banking Challenges: Official processes are often complex, inefficient, and require significant patience and documentation, unlike Western systems.
• Climate Demands Adaptation: The intense heat, frequent monsoons, and smog necessitate lifestyle adjustments, such as investing in air purifiers and adapting daily routines.
• Transient Expat Community: Friendships and connections are often temporary due to the transient nature of expat life, which can be isolating for those seeking stability.
• Cost of Living is Rising: The romanticized idea of extremely low living costs is fading as popular destinations become more developed and attract more international residents.
• You Cannot Escape Yourself: Moving abroad doesn't solve personal issues; it magnifies them. True change comes from within, requiring patience, humility, and adaptability.