(VOVWORLD) - For the fourth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 53 destinations when it comes to personal finances, according to a 2024 InterNations study 2024.
 Foreigners go shopping in Vietnam. (Photo: Van Ty/ VNA) |
Out of 53 places, it came in 40 for quality of life, 29 for expat essentials such as digital life, housing and language, and ranked 14 for working abroad — with considerations like career prospects, salary and job security factored in.
More than 12,000 expats across 174 territories worldwide participated in the broader Expat Insider 2024 survey which provided insights including the best and worst places to live, quality of life, working abroad and personal finance.
Out of surveyed expats living in Vietnam, 86% rate its cost of living favorably — that’s more than twice the global average of 40%, and 65% of respondents in the country say they are satisfied with their financial situation compared to 54% globally, according to the report.
Asian countries dominated this year’s list, nabbing six out of the top 10 positions. Southeast Asia, in particular, stood out with Vietnam, Indonesia, Philippines and Thailand all ranking in the top 10.