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Americans are retiring to Vietnam

latimes.com

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Re: Americans are retiring to Vietnam

#3
Turns out the Vietnam war was a savvy retirement plan setup: clear out some space, return to the US to bask in the most generous ROI in history for 30+ years, return to that patch of land that’s conveniently clear now.

At least the conquistadors had to live there in the interim years.

Re: Americans are retiring to Vietnam

#5

Turns out the Vietnam war was a savvy retirement plan setup: clear out some space, return to the US to bask in the most generous ROI in history for 30+ years, return to that patch of land that’s conveniently clear now. At least the conquistadors had to live there in the interim years.

literally that land is not cleared well, many land mines are still in the ground, https://www.newyorker.com/news/news-desk/the-vietnam-war-is-...

Re: Americans are retiring to Vietnam

#7
"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011."

I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is.

Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't necessarily have to wait until you hit full retirement age to live abroad and collect social security checks from there.

Re: Americans are retiring to Vietnam

#8
> Historically, the Philippines, Thailand and Malaysia were more common destinations for American retirees. But a higher cost of living, especially in coastal areas like California and New York, has pushed many farther afield.

Why would a higher cost of living within the US push expats out of Malaysia into Vietnam?

Re: Americans are retiring to Vietnam

#9
post #7

"They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011." I'm sure it's a very nice place, but that sum is nothing to sneeze at. I wonder how much it costs now, and what is monthly expense is. Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't n…

>Good thing is, American government has sensible reciprocal arrangement with many countries that offer national pension system that you don't necessarily have to wait until you hit full retirement age to live abroad and collect social security checks from there.

I did not know this. How does this work?

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