Americans are retiring to Vietnam • Hacker News Board

Re: Americans are retiring to Vietnam

#31

Post by quaquaqua1 » Thu, Dec 26, 2019, 9:12 PM UTC

bane wrote: post #29

Something many people (especially Americans) forget to consider when selecting a place to retire is the almost guaranteed need for lots and lots of high quality medical care wherever you end up. I suspect many people here on HN will retire with large enough retirement savings (and other assets) to settle down like kings in many places in the world. But the distribution of high quality care for ahem people of advancin…

Based on my medical care in the USA I can assure you Asian doctors are,at the very least, at the same level as US doctors. It sounds like an insult to my ears.

Re: Americans are retiring to Vietnam

#32

Post by Scoundreller » Thu, Dec 26, 2019, 9:12 PM UTC

labster wrote: post #24

chrisseaton wrote: post #12

Earlier quoted context omitted.

> for about $250,000 in 2011 I can't tell if the LA Times are thinking this sounds cheap or not?

Anyone from the LA area knows that 250k for 4 bedroom is super cheap. In my area, 2 bedroom starts at $550k.

Dunno about LA, but $250k went a lot further in 2011.

In many crash-afflicted areas, prices are double what they were in 2011.

Re: Americans are retiring to Vietnam

#33

Post by DeepYogurt » Thu, Dec 26, 2019, 9:14 PM UTC

quaquaqua1 wrote: post #31

bane wrote: post #29

Something many people (especially Americans) forget to consider when selecting a place to retire is the almost guaranteed need for lots and lots of high quality medical care wherever you end up. I suspect many people here on HN will retire with large enough retirement savings (and other assets) to settle down like kings in many places in the world. But the distribution of high quality care for ahem people of advancin…

Based on my medical care in the USA I can assure you Asian doctors are, at the very least , at the same level as US doctors. It sounds like an insult to my ears.

Asia is a big place. Which area(s) are you referring to?

Re: Americans are retiring to Vietnam

#34

Post by CPLX » Thu, Dec 26, 2019, 9:17 PM UTC

quaquaqua1 wrote: post #31

bane wrote: post #29

Something many people (especially Americans) forget to consider when selecting a place to retire is the almost guaranteed need for lots and lots of high quality medical care wherever you end up. I suspect many people here on HN will retire with large enough retirement savings (and other assets) to settle down like kings in many places in the world. But the distribution of high quality care for ahem people of advancin…

Based on my medical care in the USA I can assure you Asian doctors are, at the very least , at the same level as US doctors. It sounds like an insult to my ears.

Surely there are some differences between Myanmar and Tokyo right? There’s a lot of countries in Asia.

Re: Americans are retiring to Vietnam

#35

Post by [deleted] » Thu, Dec 26, 2019, 9:18 PM UTC

bane wrote: post #29

Something many people (especially Americans) forget to consider when selecting a place to retire is the almost guaranteed need for lots and lots of high quality medical care wherever you end up. I suspect many people here on HN will retire with large enough retirement savings (and other assets) to settle down like kings in many places in the world. But the distribution of high quality care for ahem people of advancin…

[deleted]

Re: Americans are retiring to Vietnam

#36

Post by 0x0aff374668 » Thu, Dec 26, 2019, 9:18 PM UTC

I've spent significant time in HCMC (about 6 months over four years). It is vibrant, friendly, booming, tech heavy, and goddamn cheap. I didn't need medical care, and didn't have to cook because food is amazing and cheap. I computed about 1/10th to 1/12th the cost of my life in Northern Cali. I hope when I'm older it is still cheap and not environmentally wiped out. (I'm also biased because twice I met a woman who I thought was waaaay out of my league and we ended up dating.)

Re: Americans are retiring to Vietnam

#37

Post by teamwork007 » Thu, Dec 26, 2019, 9:21 PM UTC

One piece of information the article doesn't acknowledge is that property rights in Vietnam aren't the same as they are in the US. So if a foreigner "buys" an apartment in Vietnam, they can only have it for up to 50 years. In other words, it's an asset that is steadily decreasing in value, and not one that the "owner" can necessarily hand down to the next generation at a higher or the same value unless changes are made to those laws.

Re: Americans are retiring to Vietnam

#38

Post by scumbert » Thu, Dec 26, 2019, 9:21 PM UTC

DeepYogurt wrote: post #33

quaquaqua1 wrote: post #31

Earlier quoted context omitted.

Based on my medical care in the USA I can assure you Asian doctors are, at the very least , at the same level as US doctors. It sounds like an insult to my ears.

Asia is a big place. Which area(s) are you referring to?

Strange he didn't see the irony of "insult" when referring to Asia as a monolith

Re: Americans are retiring to Vietnam

#39

Post by jjeaff » Thu, Dec 26, 2019, 9:23 PM UTC

teamwork007 wrote: post #37

One piece of information the article doesn't acknowledge is that property rights in Vietnam aren't the same as they are in the US. So if a foreigner "buys" an apartment in Vietnam, they can only have it for up to 50 years. In other words, it's an asset that is steadily decreasing in value, and not one that the "owner" can necessarily hand down to the next generation at a higher or the same value unless changes are ma…

Can they sell it at the end of those 50 years and buy something else? If so, I can't see why purchasing one would necessarily be steadily decreasing in value, except for the requirement of a rushed sale if you waited until the very last minute to sell.

Re: Americans are retiring to Vietnam

#40

Post by d0100 » Thu, Dec 26, 2019, 9:24 PM UTC

pcurve wrote: 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…

With that money you can buy a penthouse in any big metropolis here in Brasil. Or a house just as big in a luxury condo for 7/10 of that