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Da Nang among cheapest places in Asia for retirees

Da Nang ranked second in a list of Asia's five cheapest destinations to retire for foreigners with a monthly average cost of living for expats of US$867, according to a recent report.

Thailand's Chiang Mai topped the list with the average cost of living at $667 a month, according to GOBankingRates, a personal finance publication run by Nasdaq.

Da Nang, cheapest places, Asia for retirees, five cheapest destinations, average cost of living, affordable housing options

High-rise buildings along the coast of Da Nang City in central Vietnam.

The Philippines' Cebu ranked third where the monthly average living costs stood at $840, followed by Taiwan's Taipei at $1,268, and Japan'’s Kyoto at $1,565.

"Da Nang offers pristine beaches, scenic mountains, a warm climate and modern amenities. With its affordable housing options, excellent healthcare facilities and growing expat community, Da Nang is a no-brainer," the U.S. publication said.

Da Nang, home to 1.2 million people, is considered Vietnam's third most important city after Hanoi and Ho Chi Minh City.

In 2018, Panama-based travel magazine Live and Invest Overseas named Da Nang as one of the world's most livable cities.

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The Consulate General of Japan in Da Nang City, the Japan Business Association in Da Nang and the City People’s Committee, jointly held an artistic light space at Dragon Bridge West Bank on July 12, in celebration of the 50th anniversary of Vietnam – Japan diplomatic ties.
 
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The French team won the championship at the Da Nang International Fireworks Festival (DIFF) 2023 after a spectacular performance on the Han River in the central coastal city of Da Nang on July 8 evening.
 
Da Nang’s Golden Bridge named among world’s most iconic bridges
The Golden Bridge in Vietnam’s central coastal city of Da Nang has been named in a list of the most iconic bridges around the world by the Indian magazine LuxeBook.
 

Source: VnExpress

Da Nang, cheapest places, Asia for retirees, five cheapest destinations, average cost of living, affordable housing options
 
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