ILA Magazine: The World’s Best Places to Retire Overseas Subscribe Now and Save 35% about subscribing to International Living Magazine Hanoi is Vietnam’s capital city. It’s the political hub of the country—and the cultural and historical centre, too. Founded more than 1,000 years ago, the city remains steeped in tradition. Hanoi was occupied by the Chinese for much of its early history, and later by the French. Both countries left a lasting cultural imprint. Centuries-old Buddhist temples are scattered throughout the city, often set alongside hundred-year-old French colonial mansions and an ever-increasing number of modern skyscrapers. It’s an eclectic mix of east and west, old and new.
Numerous parks and lakes provide shade and tranquillity to this otherwise bustling metropolis, as millions of motorbikes, cars, bicycles, buses and pedestrians all compete for space on roads that weren’t originally designed for motorised traffic. Cyclos (three-wheeled pedicabs) sedately ferry wide-eyed tourists through the atmospheric warren of ancient streets. Entire neighbourhoods are hidden in the interior of city blocks, accessed by narrow alleys designed for two-wheeled vehicles and foot traffic only.
Beautiful Hoan Kiem Lake is the heart of central Hanoi. This peaceful oasis is surrounded by shady trees and flowers, views of ancient temples, colonial mansions and the ancient, bustling maze of little streets known as the Old Quarter. In the early morning hours, ladies practice tai-chi by the lake as the men huddle together playing Chinese chess and gossiping. In the evenings, the park comes alive with walkers, joggers and snuggling lovers.
The economic hard times, prevalent after the end of the war, are melting away. A rapidly growing middle-class is evident and signs of increasing wealth are everywhere, people spoiling purebred dogs and luxury cars cruising through the streets are signs that things here are on the up.
Hanoi has one of the lowest costs of living of any major city in Southeast Asia. A bag of fresh local vegetables and tropical fruit won’t cost more than a couple of dollars at one of the many traditional markets, and supermarkets offer wide selections of local and imported goods at reasonable prices.
There are at least two dozen specialty imported food stores in the city and an ever-expanding assortment of restaurants serving international fare—impressive strides for a city in which you couldn’t find a simple hamburger—at any price—just 10 years ago.
When it comes to transport, affordable taxis are everywhere and the buses will take you practically anywhere in the city for around a $1 fare. A couple can live a comfortable middle-class lifestyle in Hanoi on a budget of $1,350 per month or less.
Rentals, even in the most upscale parts of the city, are moderately priced and offer all the usual amenities. Many of Hanoi’s more than 10,000 expats live near one of the city’s many lakes; Hoan Kiem District attracts those who want to live in the heart of the city, while expats in Tay Ho (West Lake) are attracted by its upscale neighbourhoods, international flair and impressive views of Hanoi’s largest lake.
Hanoi has a temperate climate that suits many Westerners. Summers are hot and humid and winters can get quite cold. The weather is idyllic in the spring and fall, when the humidity is low and the temperatures are comfortable.
Medical care has improved greatly in recent years. Hanoi’s Vinmec Hospital is Vietnam’s first general hospital to attain international accreditation.
Hanoi is served by Noi Bai International Airport, with nonstop flights to many Asian and European cities. Trains are another excellent option for long-distance travel.
It’s a fascinating city, always changing and full of energy and optimism. It’s easy to get drawn into Hanoi’s unique culture.
Retire in Hanoi
©iStock.com/Marcus Lindstrom
Hanoi is a favourite traveller’s destination due to its charming culture, its proximity to many of Vietnam’s most impressive tourist spots, and its low cost of living. There’s unique architecture, fascinating historical sites and a vibrant, traditional city centre. Its glistening lakes, lush parks and tree-lined boulevards are oases of calm in this burgeoning, bustling city. The hot summers, chilly winters and near-perfect spring and autumn weather are also attractive to many overseas visitors.
Hanoi, Vietnam’s capital and the second largest city, celebrated its 1,000-year anniversary in 2010. Hanoi has retained many of its ancient traditions, while offering all the modern amenities expats desire.
It isn’t hard to imagine the Hanoi of times past while walking in the warren of small streets and tiny alleyways that make up the Old Quarter. Tiny, family-run stores and a never-ending procession of street vendors sell everything from fruits and vegetables to shoes, flowers and brooms. Enterprising ladies set up portable kitchens and tiny plastic chairs along the sidewalks, treating diners to fresh, inexpensive meals, using family recipes that have been handed down for generations.
Step back in time to Paris in the early 20th century while exploring the French Quarter. Grand French colonial mansions house government buildings, museums, embassies, upscale hotels and fancy restaurants. Numerous parks and shade trees provide pleasant respite near trendy bistros selling fresh pastries, cakes and strong coffee.
Central to both the Old Quarter and the French Quarter is peaceful Hoan Kiem Lake, the spiritual heart of Hanoi. Many foreigners have chosen to live in this vibrant part of the city, which is within walking distance of many of Hanoi’s finest restaurants, an active nightlife scene and many of the city’s top attractions.
Tay Ho (West Lake) is the largest lake in Hanoi and Tay Ho District is one of the most popular areas for expats. Restaurants in Tay Ho offer a wide variety of cuisines, ranging from American to Ukrainian and everything in between. Many shops here sell imported foods and products. Tay Ho is a popular area for expat get-togethers, as only a few tourists venture into this part of the city.
Tay Ho is the most expensive district in Hanoi. Many homes are on quiet streets with small yards, and families with children will be close to several well-regarded international schools. The better apartments offer spectacular views overlooking the lake and the city skyline. Retirees who want to live in luxury will often find themselves settling here, though it’s possible to find more affordable housing in this area, too.
Ba Dinh District is not far from either West Lake or Hoan Kiem Lake, and is the home of many of Hanoi’s embassies and administrative buildings. Some of Hanoi’s most elegant mansions are located here. Ba Dinh is convenient to both Hoan Kiem and Tay Ho, yet it has a local feel. Foreigners who like the idea of integrating into Vietnamese culture will enjoy living in this part of the city.
There are several large, modern supermarkets, department stores and shopping centres located in Hanoi. The traditional markets, where fruit, vegetables and meat are sold, often offer fresher and less expensive fare than what is found in the supermarkets.
Hanoi’s JCI accredited Vinmec International Hospital offers comprehensive medical services at reasonable prices. A visit to an English-speaking specialist costs about $40. Several other international hospitals and clinics provide good care to foreigners, though they will cost more.
Many of Vietnam’s top attractions are located within a few hours of Hanoi, including nearby Ba Vi National Park, Cuc Phuong National Park, the UNESCO World Heritage Site of Halong Bay, the exotic Perfume Pagoda and the rivers, caves and mountains in Ninh Binh Province.
Vietnam stretches for more than 1,770 kilometres from north to south and the climate ranges from cool-weather pine forests in the Central Highlands and the far north to steamy tropical jungles in the south. You’ll find that any time of the year is a good...
The Australian Dental Association estimates up to 10,000 Australians go overseas each year in search of cheaper dental treatment. A growing number of patients have learned that they can save tens of thousands of dollars on dental treatment without foregoing on quality…and all of these services are just a short plane journey away.
My husband David and I love Vietnam. And when it comes to finding a place to call home here, we’ve been spoiled for choice since the day we arrived. We loved Nha Trang’s spectacular bay, ringed by a long expanse of golden-sand beach, sparkling turquoise water and lush green islands that seemed to shimmer in the distance.
One of my favourite ways to start the day is with a stroll to my favourite patisserie, O’Douceurs, a pretty little spot, with comfortable couches, where a perfectly prepared, frothy latte and a flaky, just-baked chocolate croissant get my morning off to the best start...
Wherever you are in Vietnam, you’ll find that the cost of living is very low. Even in the most expensive cities—Ho Chi Minh City and Hanoi—two people can live well for less than $2,000 per month. If you’re hoping to find an even lower cost of living than that, my advice is to head for the beaches...
Living in Hanoi puts you in the heart of the action. My husband David and I spend our days here surrounded by beautiful French colonial mansions and century-old trees. The Old Quarter, close to our house, is a delight to walk through. Each street has its own specialty; on one you’ll find medicinal herbs and teas, another sells bamboo, another is alive with colourful toys and yet another rings with the clatter of tinsmiths hard at work...
The sing-song chants of vendors cut through the morning mist, offering fresh-baked baguettes and baskets of tropical fruits. Cauldrons of pho bò (beef noodle soup) and the savoury smoke of grilling pork entice the early morning breakfast crowd...
Beautiful examples of French colonial architecture, tree-lined streets, busy shops and cafes spilling onto the sidewalks give Hanoi a character rarely seen in Asian cities. Thousands of motorbikes, cars, bicycles and pedestrians compete for space on the narrow streets. Horns honking, a peddler’s singsong sales pitch, the happy roar of diners at an al fresco cafe—Hanoi is a city that never seems to slow down. Still, everyone makes enough time for relaxing with friends and neighbours, sharing cups of sweet, strong coffee or a few glasses of cold, draft beer.