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Expats in Vietnam — what should you have in place after 5–10 years?

bhspence

I’ve been speaking to a number of expats recently who have been in Vietnam for 5–10 years, and it raised a question.


At that stage, what should you realistically have in place financially?


Most people seem to be earning well and saving something, but beyond that it’s not always clear what “good” looks like when you’re living overseas.


Interested to hear how others have approached this.

See also
Aidan in HCMC

@bhspence

I'm trying to liquidate any/all funds which inheritance beneficiaries might be hoping to receive.

To that end I'm doing well.

bhspence

Interesting perspective — but worth being careful here.


Making big financial decisions just to reduce what others might receive can sometimes create more problems than it solves, especially around tax or long-term security.


In most cases, a simple plan tends to work better than a reactive one.

SimCityAT

@bhspence
I'm trying to liquidate any/all funds which inheritance beneficiaries might be hoping to receive.
To that end I'm doing well. - @Aidan in HCMC

Don't sie rich?