And as a food-lover, Jimmy spends almost as much money on food as he does on rent. In general, you can get by with saying chay before ordering. After many weeks researching and contacting a dozen different agents, we finally shortlisted EMERHUB to help us obtain our first retirement KITAS visa. So while the cost of living in Cambodia may be one of the lowest in the world, the quality and standard of living remain extremely high, leading to more retirees and expats choosing to make this country their home each year. However, if you plan on hiring foreign employees, it should have a minimum of 1 billion IDR (~USD 70,000) capital per foreigner. We were around 20 people. The less you know about your host country, the more of a surprise (in often a bad way) you will have when you get there, and the higher the chance that you will discover things about the country you simply do not like or cannot handle. The legacy of the Vietnam war is noticeable. Final words. Anna is an American expat who lived in Saigon for several months. Leasehold agreements can be contracted for up to 25 years, frequently with an opportunity to extend. They talked a lot until midnight and I tried to follow the conversation but I was so tired that it was almost impossible. Each month in International Living magazine, we share the actionable, on-the-ground guidance you need to match the retirement dream you see in your mind with a real-world spot where you could make it your reality. Tip #5: Read and Research About Your Chosen County. This tells local vendors to direct you to the vegetarian dishes they offer. Utilities are even more affordable with electricity varying between $80 to $100 a month, paid cable television at just $5, water from $5 to $10, and garbage collection at $2 per household, with the cost of having a cleaner come to your house each week setting you back $30 to $40 a month. Vietnam is a fast-growing expat destination, and one of the more popular places for retirees, expats, and digital nomads living in Southeast Asia. Therefore, it is essential to be up to date with the latest visa requirements to ensure the legality of your stay in Indonesia. Similar to Chiang Mai in Thailand, there are western culture influences in Hanoi, making it easy to find international foods, as well as English-friendly businesses and health services. some specialties of the City (I feel like, in Taiwan, every city has its “must go to eat” places and you can’t stop in a city without trying it). Vietnam is quickly becoming the most popular destination in Southeast Asia for digital nomads and expats. I almost forgot… Expect to see a lot of reviews about food and restaurants here, Asian food is one of the main reasons (the reason?) You simply select from a range of fabrics, pick out the style of cut that you prefer, and then one week later you get a new shirt and pair of pants, tailored to your precise measurements, for as little as $30. Simon and Erin are British expats and digital nomads living in Hoi An. As a town, you have the quaint, pretty architecture, but still access to a beach and delicious foods. The most iconic sites are quite touristy (think Ha Long Bay), but many other cities are just as pretty but without the huge tourist factor. Always ask for the visa to be attached to your passport as there have been instances where travelers with valid visas have been denied entry to Vietnam. Access this information offline along with additional information detailing the questions you should ask when comparing multiple destinations. Leasehold agreements can be contracted for up to 25 years, frequently with an opportunity to extend. Many expats start doing business in Bali after moving to the island. Learn more about the process and requirements in our guide to setting up a foreign company in Indonesia. However, six-month and twelve-month visas are also available, both single entry and multi-entry. As this small coastal town grows, the retiree community is also growing. Yes… as you might guess now, Taiwan is all about food. As an Amazon Associate I earn from qualifying purchases. additional considerations for living in HCMC, Transportation (motorbike + gas, or month of Grab motos), Extras (coffees, going out, daily small expenses). Vietnam. When money gets involved, we strongly advise to stay rational and go for safer options. One guy even cooked Korean BBQ 烤肉. Like big cities the world over, you will have access to a large number of expat amenities like expat grocery stores, expat restaurants, gyms, coworking spaces, malls, and a higher tier of housing if you are looking to splurge on a fully kitted apartment. (an Indonesian shareholder must hold the remaining 33%). It is initially valid for one year, but it can be extended annually to a total of 5 years. However, if you are considering this option, see, The minimum paid up capital requirement is Rp. It is synonymous with spicy food, colorful costumes, bustling markets, crowded streets, and ancient temples. There are different types of KITAS available, and you can choose the most suitable one depending on your plans in Bali. However, one of the main prerequisites of obtaining a driver’s license in Indonesia is having a valid international driver’s license. While doing our due diligence, we were not looking for the lowest fee … we were looking for a single person (or corporate team) we could easily communicate with on a one-on-one basis like a well-connected close friend or a trustworthy work colleague. Pick a destination that will not only enhance your resume, but whose people and culture you also like. When looking at the cost of living it’s important to understand that these estimates assume that expats will want many Western-style amenities. After rent, the majority of his expenses can be attributed to street food and coffee. Well best of luck to you too for your next trip. Many teachers work from Hanoi, in the north. It is quite common for restaurant workers to entertain foreign children while parents eat. You will find plenty of buildings renting rooms or apartments. For my full review policy click here. I struggled a lot to decide where to go but I finally choose to spend a year at Ewha Womans Univeristy in Seoul, South Korea where I will be learning Korean. Therefore, it is. If you have a beach city in mind, the top spot for expats is Nha Trang City. Their life in Hanoi is pretty laid back, with massages and the occasional movie. A local call on your cell phone will cost about 5 cents a minute (although many providers offer hundreds of free minutes each month), while international calls to the U.S. are between 5 to 7 cents a minute. The team is supportive, professional, and fast. Each day we uncover some of the most desirable-and cheapest-retirement havens on earth. Read on to discover 13 reasons why living on a boat in a marina is better than living in a house on land. This year, the country celebrates 71 years since the abolishment of the army, making it the largest democracy without a military force. My friend Josh from Far West China has been living in Xinjiang, China with his family since 2006! More than any other continent, Asia is currently the ultimate exotic destination for many Westerners. Multiple-entry business visa is suitable for people who need to make several visits to Indonesia. The length of a visit with a single entry visit visa is 60 days, and you can extend it four times, 30 days per extension. The low cost of socializing is another element that makes expat life so attractive, with many bars and restaurants selling fresh draft beer at 50 cents for a glass, and with excellent European and Australian wines available at a snip of the cost compared to their import prices in the U.S.