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dalton99a

(81,476 posts)
Thu Dec 26, 2019, 04:22 PM Dec 2019

Americans are retiring to Vietnam, for cheap healthcare and a decent standard of living (LAT)

https://www.latimes.com/world-nation/story/2019-12-25/americans-are-retiring-to-vietnam-for-cheap-health-care-and-a-decent-living-standard

Americans are retiring to Vietnam, for cheap healthcare and a decent standard of living
By Ralph Jennings
Dec. 25, 2019


John Rockhold, a Vietnam veteran, stands on a street in Ho Chi Minh City, formerly known as Saigon. (Ralph Jennings / For The Times)

HO CHI MINH CITY, Vietnam — When John Rockhold drew a low number, No. 12, in the 1971 draft lottery, his adolescence in the San Fernando Valley forever changed. Seeking to avoid the Army, he signed up for the Navy just after graduating from Granada Hills High School. As an enlisted petty officer, he spent months operating boats that dropped off SEALs at night along long and humid Vietnamese shorelines where American troops were trying to stop the communist north from taking over the south.

More than 58,000 U.S. service members died in the war, and since it ended in 1975, innumerable American veterans have returned to Vietnam, seeking understanding, forgiveness or reconciliation. Now some are coming for more mundane reasons: inexpensive housing, cheap healthcare and a rising standard of living.

After his military career, Rockhold worked as a defense contractor, operating mostly in Africa. He first returned to Vietnam in 1992 to work on a program to help economic refugees. He settled in Vietnam in 1995, the same year the United States and Vietnam normalized relations. He married a Vietnamese woman in 2009.

In fact, he liked it so much that he persuaded his mother to move to Vietnam from Santa Maria, Calif., also in 2009.

Rockhold, now 66, sits on several boards and is raising two children, 10 and 9, with his wife, Tu Viet Nga. The children were born via caesarean section; the procedure, including a four-day hospital stay, cost about $1,200, far less than it would have in the United States. The family lives in a 20th-floor condominium overlooking the Saigon River and the sprawling city beyond. They bought the four-bedroom, 3½-bathroom unit, measuring about 1,840 square feet along with a separate veranda, for about $250,000 in 2011.

Rapid growth in Vietnam and its Southeast Asian neighbors has created a situation that would have been unthinkable in the past: Aging American boomers are living a lifestyle reminiscent of Florida, Nevada and Arizona, but in Vietnam. Monthly expenses here rarely exceed $2,000, even to live in a large unit like Rockhold’s, including the help of a cook and a cleaner. The neighbors are friendly: A majority of Vietnamese were born well after the war ended in 1975, and Rockhold says he has rarely encountered resentment, even when he talks about his service as a combat veteran.
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PSPS

(13,594 posts)
1. These stories pop up occasionally but, if you dig into the details, the picture isn't quite as rosy.
Thu Dec 26, 2019, 04:33 PM
Dec 2019

Don't get me wrong. I'm delighted if this guy's happiness isn't at the expense of another's. But there's a particular disturbing dimension to these which, I notice, is conveniently not mentioned, at least in the OP's snippet.

Response to Marengo (Reply #4)

roamer65

(36,745 posts)
3. What concerns me is the price inflation they will cause for the average Vietnamese.
Thu Dec 26, 2019, 05:17 PM
Dec 2019

What seems cheap to an American is still usually quite expensive for the locals. It will introduce unneeded price pressure in the Vietnamese economy.

Supply and demand.

Blue_true

(31,261 posts)
5. That is what happened when Americans moved to Central and South American countries to retire.
Thu Dec 26, 2019, 06:10 PM
Dec 2019

They selected developed cities instead of the riskier countryside, and prices went up for everyone.

live love laugh

(13,104 posts)
8. Vietnam is beautiful now but we devastated them
Fri Dec 27, 2019, 03:09 AM
Dec 2019

I remember the horror as a child. Their resilience should be a beacon of hope for all.

Recursion

(56,582 posts)
9. "Trend" pieces with no numbers always irritate me
Fri Dec 27, 2019, 08:19 AM
Dec 2019

How many? Is this more or fewer than in the past? Is this more or fewer than other countries? How many are immigrants from Vietnam returning home after a career in the US?

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