Vietnam’s status as one of world's most livable countries brings real estate opportunities
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- 17 Mar 2023
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Vietnam climbed three ranks in the list of the most livable countries for expats in 2022. The influx of expats coming to Vietnam, especially Hanoi, has brought along dynamic changes in various fields to meet their needs. Without a doubt, real estate investors have a huge opportunity.
The expat community is often made up of fascinating, knowledgeable, and talented individuals. They choose to become expats and move to another country due to job requirements, a desire for freedom, adventure, or a love for the culture, lifestyle, and people of that country.
In recent years, Vietnam has become an ideal destination. Many people choose Vietnam for the opportunities to develop their talents, increase their income, and get a stable life. Simultaneously, strong economic integration has also led to an increase in the number of foreign experts sent to Vietnam by international companies and corporations. Combined, these factors have contributed to the blossoming expat community in major cities such as Hanoi and Ho Chi Minh.
The expat community is often categorised as a high-income group. They have experienced all sorts of high-class living spaces before, which explains their strict requirements for the home.
Similar to successful young Vietnamese people, they place a strong emphasis on criteria such as diverse facilities, spacious living area, and a convenient location to experience a comfortable life, like in developed countries. The neighbourhood community is also an important consideration factor when expats choose their living space. They want to have similarities in culture and lifestyle, as well as find long-term cooperative relationships.
In Hanoi, Tay Ho is a popular destination for the elite expats to live and work. Located in the middle of the area is West Lake, which is the largest natural lake in Hanoi. The lake is well-known for its poetic landscape and fresh air, an ideal choice for nature-loving expats. In addition, Tay Ho is planned to become the new administrative centre of Hanoi, so the infrastructure is well-invested, making it convenient to travel to the city centre, outskirts, or the airport. Read More…
