Moving to Ho Chi Mihn City

Posted by drascal (984 days ago)

If anyone can give me some answer to the following:

1.In what currency does expat get paid? (US or VND)
2.Can expat open a US dollar account in local banks or foreign banks located locally?
3.Are fringe benefits counted against your gross income?
4.Apartment to stay in?
5.Places to avoid?

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Posted by ldldjr (982 days ago)

#0 - Everything depends on your contract.

#1 - Usually expats are paid in intl currency (US$ or Euros). #1b - Check on tax status - GVN is cracking down on payment of local taxes, so if your are not explicitly exempt you will be liable to local taxes, see item #0

#2 - It is possible to open local accounts, but it is probably more secure to have your account in your home country and use a bank card to withdraw funds - that is what my spouse and I do with our respective financial arrangements. See item #1b

#3 - see #0

#4 - I am in Ha Noi, so don't know HCMC - but do a simple internet search and you should find some initial information; hook up with a real estate/rental agent (before you arrive - i.e. check internet) and they can make your life a lot easier

#5 - common sense seems like a good place to start from, and explore from there

#6 - So, have you ever been overseas before?

Posted by drascal (976 days ago)

Thanks for the reply. I've been working in Zhuhai,China for 4 1/2 years. I just want to make sure that I can get the same arragement in Ho Chi Mihn City.

Posted by wolf7401 (927 days ago)

I'm moving to HoChinMin soon, too.
Above information very useful, and where else can i get more information on living in Vietnam?

Posted by Jared (920 days ago)

all of yall are so lucky. i'm a recent grad with a BBA in international business and speak german, english and vietnamese fluently but have yet no luck so far in landing a job overseas and becoming an expat. any help please?

Posted by kctran (885 days ago)

to wolf7401: you can drop me an email to chuong_td@yahoo.co.uk. Maybe can can help. i'm living in HCMC

Posted by paopena (808 days ago)

@jared

I recently closed a deal with an executive search firm in Vietnam and I'm sure you can find ways to get in. I suggest that you kick it off by posting your CV on www.vietnamworks.com and some search agencies usually scout from there.

I will be moving in Vietnam this August and I'm hella excited about it! :) Keen to meet other expats... :) Fun to keep building bridges.

I'll be working in an online game operator there, Vinagame, and I'm nothing but excited to learn the Vietnamese culture!

See you all! Good luck Jared.

Posted by satrycon (712 days ago)

maybe moving to HCMC in december....advertising industry...i heard its quite rocking...anyone know any websites that detail the tax structure in vietnam?

Posted by ldldjr (710 days ago)

Income tax structure is ever fluid. I was at a meeting on Friday where there was discussion of personal income tax. Someone mentioned a newsletter by Earnst & Young (I believe), the accounting firm, made reference to tax law changes.

Posted by satrycon (702 days ago)

hi...im moving to vietnam in a few weeks on an employment pass/ permit...i want to bring my fiance as well..is it easy to get a "dependants" no-work visa for her ?