7 Reasons to become an expat in Vietnam

Vietnam is the eighth most populous Asian country and is located in Southeast Asia, bordering China, Cambodia, and Laos. Tourism in Vietnam is a significant component of its vibrant economy. According to reports, the number of international visitors has increased from 7 million to 10 million in 2016. Moreover, tourist arrivals in Vietnam have continued to rise in 2017. For expats, Vietnam has become a popular expat destination in Asia. In this article, we will discuss top 7 reasons to become an expat in Vietnam.

Attractive Natural and Cultural Experiences

Vietnam has several UNESCO World Heritage Sites such as Central Sector of the Imperial Citadel of Thang Long – Hanoi, Citadel of the Ho Dynasty, Complex of Hue Monuments, as well as natural sites such as Ha Long Bay. There are many beautiful cultural and historical heritage sites to enrich your expat experience in Vietnam. You can start a day by visiting the ancient civilizations in Hoi An, enjoy a leisurely bike ride through the region, and explore the night market to try local delicacies.

Lower Cost of Living 

According to Numbeo, the cost of living in Vietnam is about 43% lower than in Canada. A three-course meal for two people at a mid-range restaurant would cost $17.61. A bottle of imported beer costs $1.32. Groceries are generally much less expensive than those in North America. Though prices vary amongst different cities, the average rent fee in Vietnam is almost 50% cheaper than in North America, according to Numbeo. For expatriates coming from a Western country, they will be pleased to discover that the cost of living in Vietnam of great value.

Friendly Expat Community in Vietnam 

Many expatriates are working and living in Vietnam. You can either reside in a typical expat neighborhood or choose to immerse yourself in Vietnamese culture. For expatriates relocating with family and children, there are great areas that will cater to your requirements along with some excellent foreign schools. It would be a great idea to connect and become friends with the expat community and to join a local sports team.

Teaching English in Vietnam 

Education is very important in Vietnamese culture and expats can find many ESL teaching opportunities in Vietnam. The government of Vietnam implemented a National Foreign languages Project, aiming for most of Vietnam’s students to be using English confidently for work and study by 2020. There are numerous international schools, state-owned universities, privately owned education institutions, and language centers. Many of these schools are looking for hiring the qualified ESL teachers who come from overseas.

Friendly People 

Like many other countries in Asia, everywhere you go, residents in Vietnam are friendly to foreign visitors. The Vietnamese culture is easy-going and hospitable. Most expats will find that the traditional culture and hospitality are quite welcoming.

Vietnam Cuisine 

The Vietnamese diet is quite attractive to expats living there and is also quite varied. Often, food will include influences from Chinese and Indian and French cuisine. Everyday Vietnamese dishes include fish sauce, lemongrass, fresh herbs, shrimp paste, and mint. Traditional Vietnamese cooking is mostly using fresh ingredients, such as the use of fresh lime instead of vinegar. One of the most classic Vietnamese dishes is the well-known pho. It is a rice noodle soup with either beef or chicken, served with Vietnamese lime, bean sprouts, mint and fresh chilies.

Convenient Travel from Vietnam

Another benefit of relocating to Vietnam is that you can have easy and inexpensive access to other Asian countries. Starting in Ho Chi Min, you can plan your travel itinerary as VietnamLaosCambodiaThailandChina. Generally speaking, Vietnam serves as a gateway to Southeast Asia and other Asian countries such as Japan. There are also excellent beaches and tourist opportunities for expats in Vietnam.

Don’t Forget to Bring your International Health Insurance 

The government of Vietnam is working to develop a universal health care system for its citizens. Although the standard of medical care is considered satisfactory in major cities, in rural areas it is still insufficient and not readily available. The standard of care in private hospitals in Vietnam is usually quite strong, and most private clinics have doctors from the US, Japan, and Europe. The cost of private medical care can vary considerably.

At present, most expats will usually opt to use private hospitals as these are usually equipped with English-speaking medical staff. Expats should ensure that they obtain international health insurance before moving to Vietnam. Many expats may want to seek medical treatment in Bangkok or Singapore for specialist care and medical emergencies.

For expat health insurance in Vietnam, it is crucial that you obtain a plan that will provide reimbursement for medical expenses through an extensive network of hospitals. Many expats should also obtain global life and disability insurance coverage while residing in Vietnam. If you require a quote for insurance coverage in Vietnam, contact Expat Financial today for a quote and to discuss your Vietnamese expatriate insurance requirements.

Five tips for a successful studying abroad experience

Students from all over the world want to travel and study abroad to visit a new region, to try the authentic local cuisine, to meet new people and become fluent in another language. Others want to take advantage of education opportunities, courses, and experiences that only a foreign university can offer. However, how do you make the most of your overseas experience and integrate yourself into the local culture? In this article, we will discuss five quick tips on how to make the most out of your study abroad experience.

  • Find a Balance Between School and Your Spare Time 

The primary reason for international students to study abroad is to learn skills and obtain a degree. Therefore, having a study schedule with all the essential dates is a good idea. It will help you to prioritize your study time and stay organized. However, it is also important to give your brain a break and do something that you enjoy. The best suggestion is to make the most of your study time, to avoid cramming during an exam period. Plan ahead to give yourself consistent time to study every day.

  • Continue Your Hobbies and Join Clubs

It is encouraged that international students seek out new opportunities and join clubs while studying abroad. Many universities have plenty of student clubs, athletic activities, and groups available to new students. From there, you may have a chance to continue your hobbies or discover some new interests. You may meet some new friends who are from your native country or those from the local region. Immerse yourself in your new country as this should help you integrate into your new offshore student life. The priceless relationships you developed with your friends at university can be a lifelong connection – and it may just help your career.

  • Experience the Local Culture 

One of the advantages of being an international student is being able to experience the local culture. Many universities have homestay programs, of either short-term or long-term periods. This may give you a chance to experience the day-to-day life of the local people, to learn cultural differences, and to overcome the language barrier. A homestay arrangement may also save you money as local residences and apartments will probably be quite expensive. Home cooking from a local homestay house may also be a great feature.

  • Ask for Help if you Experience Stress While Studying Abroad

Facing challenges and stress when studying abroad is quite normal. However, if you don’t handle it well, it can have adverse effects on your performance. If you need positive support and help, it is encouraged to ask your teachers or supervisors and talk to them about your stress. Keep regular breaks, exercise daily, and spend time with your friends. You should check if your health coverage will pay for claims associated with mental illness.

  • Obtain Health Insurance When You Study Abroad

If you are studying abroad and traveling often, it is imperative to obtain the appropriate health insurance plan. Although many colleges, universities and educational institutions will offer some international health insurance plan, the coverage may be basic or only cover you in your destination country (not back home). Moreover, the university coverage may not include your overseas travel. To learn more about international student health insurance, please click here to learn more about the great plans that we can offer students.

Feel free to contact us to discuss your student health insurance requirements so we can make a recommendation that will fit your needs. If your overseas education facility would like to consider offering a plan for its students or even the expatriate staff, please contact us to discuss a group plan. For more information, please click here and obtain our one-page international student health insurance brochure.