Where should I setup a bank account in Ha Long Bay?

"Expats considering retirement in Ha Long Bay, should be aware of several important factors. Firstly, they should understand that while the cost of living is relatively low, they will need to budget for healthcare, as the quality of medical facilities may not be up to par with what they are used to. They should also be prepared for a different pace of life, as the culture in Vietnam is significantly different from Western countries. Language can be a barrier, as not everyone speaks English, so learning some basic Vietnamese phrases can be beneficial. The climate in Ha Long Bay is tropical, with hot and humid summers and cool, dry winters, which may take some adjustment. Expats should also be aware of the visa requirements for living in Vietnam long-term. They will need to apply for a temporary resident card or a long-term visa, which can be a complex process. The food in Vietnam is delicious but different from Western cuisine, so dietary adjustments may be necessary. It's also important to note that while Ha Long Bay is a beautiful and popular tourist destination, it can get crowded during peak tourist season. Lastly, expats should be aware of the local customs and traditions to respect the local culture. This includes understanding the importance of family in Vietnamese culture, the traditional festivals and holidays, and the etiquette in social situations," commented one expat who made the move to Ha Long Bay, Vietnam.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.