The NEW Vietnam Visa That EVERYONE Wants!

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The NEW Vietnam Visa That Everyone wants is about to come and you may need to know this before traveling to Vietnam. But what is it? Is it a new visa exemption or real solution to living in Vietnam long term? Let's join with lawyer Ken Duong as he will discuss in detail the new changes that might happen really soon for Vietnam Visa. Good for US citizen who might also want to know this news before investing in Vietnam. Let's get started!

00:00 Vietnam Visa: Extremely Hard To CHANGE
02:10 NOT INTERESTING
03:00 The Center of it is YOU
04:19 Lawyer Ken Duong's thought
06:03 They are Restricted to Foreigners!
08:00 US is NOT on this list
09:08 Don't get your HOPE too High!
10:54 2 Visa Requirements
11:37 When will it happen?
12:05 The Verdict

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Powerful Future Bass | Art by Alex-Productions |
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Duong Global is an international acknowledged worldwide business consulting firm that provides business and legal services specializing in the U.S. – ASEAN multilateral trade relations. Our aim is to enhance corporate competency and performance through result-based solutions, effectively combining processes, people and systems, designed to match clients' individual requirements. Our unique set of business and legal services include International & U.S. Business Law, Immigration Law, Real Estate, Franchising, Marketing, Intellectual Property, and Entertainment.
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I think $4000 retirement income is high. Most retirees go to Vietnam because it’s cheap to retire to. If they have $4000 a month, I’m sure they would pick Thailand or Malaysia instead. Just my opinion

randyblock
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Thanks for the update! I lived in Vietnam for 3 years for business. I like living there. But immigration made it very difficult and charged a lot of money for me to stay there, tea money. Actually, the foreign bank I worked for close all of his branches in Vietnam because of the bureaucracy and constant payment to government officials. Now I work in Thailand which is hassle-free and easy for foreigners to stay long-term. Based on my own personal experience, dealing with a lot of vietnamese there, Vietnamese women prefer white men and Korean men. If you are a black guy or dark-skinned, you will be discriminated against and most Vietnamese women will not be interested in you. The number one category for Vietnamese women wanting men there, are Korean men then white men. Also, I dealt with the healthcare there, but it's below standard compared to Thailand. One of the things I hated the most, was I had to pay to money to government officials to get things done, Vietnamese people call it tea Money. It's just basically payoffs. One evening, we were stopped by the police while we had a driver, the driver had to pay the police money to let us go. That's so ridiculous, but the driver said that's just the way it is in Vietnam. In Thailand, I have a driver and we've never been stopped by the police or ask for money by government officials. Don't get me wrong, I'm not putting Vietnam down, I'm just telling you how it is there as a foreigner doing business. Vietnam has a lot of potential because it has a young population who are eager to work, the problem is is that the government is run by old communist Vietnamese men who don't want to change and simply keep the money and resources for themselves in their own family.

jamessalis
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It also seems odd that people think retirees don’t contribute to an economy. When in fact they often rent apartments or homes. Very often eat out several times a day. They would use taxis or buy transportation and use many other services. And best of all they don’t take someone else’s job.

Old-nf
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best channel for being in the loop about vietnam

genghis
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Can you please do a video on the upcoming law change that would allow Viet Kieu to own land? And also an explanation of how title transfer works in Vietnam for property purchases?

blah
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I just want to retire in Vietnam and stay in one of the beautiful resort there for couple months then go to Thailand for couple months then go to Malaysia, Laos, Korea, Philippine and circle back to Vietnam. No need to anchor in one country for too long. Once I am too old I will return to the US. Montly budget around $5K, but it should cost only half of that to live comfortable in any of the country mentioned.

ntauzaug
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Malaysia also gives US people 90 days on arrival. From my conversations with foreigners in Vietnam all of them are very concerned with the trash everywhere in the ocean and along the roads. I am absolutely certain that this affects tourism too.

Old-nf
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Thank you Ken, very informative. Danang May this year…coming for a visit to see if my wife and I could be happy living there.

philsummers
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The visa situation was excellent before covid and it definitely attracted many long term tourists because of how easy it was easy to get a tourist visa and to renew it. WIth this element being gone it is very hard to compete with countries with much better tourism infrastructures such as Thailand. But let's hope for the best. I think they know they need to step up their game to compete.

PierreLeVan
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Thanks for the update! At the moment, I’m still prefer staying put. It’s still nice in Florida

randyho
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My hats off to Calvin and Duong for your daring entrepreneurship in Vietnam. Your success stories were built from many failures is nothing short of amazing.

ctva
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It would be great to see a retirement visa. We'd also really like to see a digital nomad visa introduced. Many of Vietnam's neighboring countries have nomad visas now. Its become quite a big market with so many people able to work remotely these days. Thanks Ken

offshoreinasia
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Very useful channel Never boring to listen.

khamlecksivongthong
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Ken, ballpark, what are the "probabilities" of the Retirement Income Requirements being 1) <$1500 US 2) <$2000 US? Why is this so critical? Because, ballpark, "most" INTERESTED western retirees can do <$1500, "maybe half" can do <$2000, and "very few" retirees with >$4000 have ANY INTEREST WHAT SO EVER in retiring in Vietnam, period. Is this understood by your bureaucrats, or not?

jimmccann
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When my wife and I booked our trip back to Vietnam for 2023 (booked in June 2022) I received a 5 year visa with multiple entries. We came back this year (2024). Hopefully be back in 2026 and hope things work out for a retirement visa, I love it there and can’t wait until my next visit.

btraj
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If Vietnam was really smart they would get a retirement visa for US citizens immediately. The US people love the Vietnamese people and their culture. The faster the Visa process and hassle free the more money Vietnam will get into their system.

ILoveLibertyJustice
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G'day Ken,

Great video hopefully it isn't too long.
I can you & me having a cigar, cognac & admiring the beautiful woman of Vietnam once I retire in Vietnam.

My friend Okga having a great time in Hanoi, going to Da Nang today & Saigon middle of the week.

Great video.

Cheers

Louis Kats 👍

Great news finally

louiskats
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Does VN want to improve the number of visitors and quality long term residents.

This is what you need to do

1. SGN airport needs a management overhaul.
2. Open up smart gates
3. Intro residency visa like Thai elite visa

AUT.
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Thank you for these video's... My wife is from Saigon Vietnam and we are looking to retire there in a couple years. Your videos and knowledge helps us understand what we are looking at when we want to do that. I will contact your office when we come to visit.

jamesford
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Monthly passive income requirements ;
Philippines (enough to live).
Cambodia 800usd.
Sarawak 1, 500usd.
Indonesia 1, 500usd.
Thailand 1, 800usd.
Malaysia 2, 100usd?
There are other requirements.

daveprice