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Global Survey Names Vietnam Most Affordable Country for Expats

Vietnam has been named the most affordable country in the world for expats in a recent survey.

The Expat Insider 2017 survey, conducted by InterNations, the global expat community, has found that Vietnam is considered the cheapest country in the world for foreigners.

The survey, now on its fourth edition, reflected the views of 12,500 respondents from 166 nationalities living in 188 countries and territories. The study covered numerous aspects of life abroad under criteria such as quality of life, ease of setting in and family life.

Vietnam topped the "Personal Finance & Cost of Living Indices." According to InterNations, these measure "how respondents perceive their personal financial situation and whether their disposable income is enough to cover their expenses."

Overall 28% of respondents in Vietnam said they are "completely satisfied with their financial situation," well above the global average of 17%. Meanwhile 93% said they have enough money or more than they need, beating the worldwide average of 77%.

Vietnam was followed by Colombia and Myanmar in the Personal Finance Index; and Mexico and Colombia in the Cost of Living Index.

Bahrain was named the top expat destination for 2017, while Greece was named the worst.

[Photo via Thanh Nien]

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