(VOVWORLD) - Da Nang was featured as one of the top five affordable and appealing places for expatriate retirees in Asia, according to GOBankingRates, a personal finance publication run by financial services corporation Nasdaq of the US.
Situated along the central coast of Vietnam, Da Nang offers a relaxed lifestyle, high quality of life, and affordable living options, the website noted.
In addition, vibrant food scene and favorable climate, the central city offers a welcoming environment for retirees seeking affordable living to enjoy. The thriving expat community from different countries allows retirees to establish a supportive network while participating in tailor-made events and activities.
The website also highlights the vibrant cultural scene in Da Nang, including art exhibitions, music festivals, and local performances that offer retirees an opportunity to engage with the local community and immerse themselves in Vietnamese culture.
In terms of average monthly cost of living for expats, Da Nang ranks second on the list with a cost of 867 USD.
The top spot belongs to Chiang Mai in Thailand, with an average monthly cost of 661 USD for expats.