Nomad Watch

Business

2-Bedroom Purchase Price (Outside City)
Approx. $1,000 per m² (e.g., 80 m² = $80,000)
Corporate Tax
Standard rate 20%
Dividend Withholding Tax
5% for individuals
Tax System
Worldwide income for tax residents (183+ days in country)
Highest Income Tax Bracket
35%
VAT
Standard 10% (Reduced to 8% for some sectors periodically)
Controlled Foreign Company (CFC) Rules
Yes, Vietnam has introduced basic CFC and transfer pricing regulations
Property Tax
Very low non-agricultural land tax (approx. 0.03% - 0.15%)
Property Transaction Tax
2% personal income tax on transfer; 0.5% registration fee
Attractive Tax System for Digital Nomads
No specific nomad visa yet; most work on E-visas (90 days) without reporting foreign income
Studio Purchase Price (City Center)
Approx. $2,200 per m² (e.g., 40 m² = $88,000) - Note: Foreigners usually on 50-year lease
Studio Purchase Price (Outside City)
Approx. $1,400 per m² (e.g., 40 m² = $56,000)
1-Bedroom Purchase Price (City Center)
Approx. $2,000 per m² (e.g., 60 m² = $120,000)
1-Bedroom Purchase Price (Outside City)
Approx. $1,200 per m² (e.g., 60 m² = $72,000)
2-Bedroom Purchase Price (City Center)
Approx. $1,800 per m² (e.g., 80 m² = $144,000)

Essentials

City
Hoi An, Quang Nam Province, Vietnam
Population
Approx. 152,000
Internet Speed
Stable fiber optic; Average 75-100 Mbps in most villas and cafes
Currency & Banking
1 USD ≈ 25,400 VND; 1 EUR ≈ 27,200 VND (Vietnamese Dong)
Tap Water
Not drinkable; Use filtered water or 20L 'La Vie' jugs (approx. 55,000 VND)
Power
220V, 50Hz, 🔌 Type A, C, and G sockets (Type A/C most common)
SIM Card
Viettel or Vinaphone; 150,000 VND ($6) for 4GB/day monthly plans
Banking for Expats
TPBank (LiveBank 24/7), HSBC, or digital banks like Wise/Revolut for ATMs
Accommodation
Monthly villa rentals ($450-$800), Boutique Homestays, and Airbnb
Cashless Friendly
Partial; QR payments via VietQR/MoMo widely used, cards in hotels, cash for street food
Short Term Rentals
Airbnb, Booking.com, and Facebook groups like 'Hoi An House Rental'
Budget Accommodation
Tribee Kinh Hostel (approx. 180,000 VND/night for a dorm)
Best Area to Stay for Tourists
Ancient Town (Hoi An Old Town) for history; Cam Pho for proximity to food
Best Area to Stay for Digital Nomads
Cam Chau (central, quiet) or An Bang Beach (coastal vibe, 10 mins from town)

Working and Networking

Best Coworking Space
Hub Hoi An (Cam Chau); Day pass 220,000 VND, Monthly approx. 3,500,000 VND
Best Cafe for Work
Rosie's Cafe (Old Town) or Nourish Eatery (An Bang Road); Excellent Wi-Fi and power outlets
Networking Events
Digital Nomad Meetups at Hub Hoi An; Friday Socials at Soul Kitchen An Bang
Social Events for Expats
Hoi An Expats Facebook Group; Quiz nights at 3 Dragons Sports Bar

Transportation

Best Taxi/Ride App
Grab (Car and Bike) - extremely reliable and cheap
Bike/Scooter Rental
Hidden Hoi An rentals; Scooters approx. 150,000 VND/day or 1,800,000 VND/month
Best Beach Nearby
An Bang Beach (4km from city center); Tan Thanh Beach for a quieter vibe
Top Regional Airline
Bamboo Airways (Flying from Da Nang International, DAD)
Top International Airline
Vietnam Airlines (SkyTeam) or VietJet Air
Highway Access
QL1A Coastal Highway connecting Hoi An to Da Nang and Tam Ky
Main Train/Transit Hub
Da Nang Railway Station (30km away); Hoi An is served by shuttle buses
Public Transport Passes
No formal city pass; Da Nang-Hoi An Bus #1 costs approx. 30,000 VND
Regional Travel
Private cars to Da Nang ($12), Sleeper buses to Hue ($10), Express boats to Cham Islands

Health and Wellness

Best Hospital
Hoi An Pacific Hospital (Truong Minh Luong St) for basics; Vinmec Danang for emergencies
Yoga & Wellness Centers
Nomad Yoga Hoi An; Single class approx. 200,000 VND
Gyms & Fitness Centers
SuperFit Hoi An (Ly Thai To); Day pass 100,000 VND, Monthly 800,000 VND
Laundry Services
Local shops on every street (look for 'Giat Ui' signs); 20,000 - 30,000 VND per kg

Food and Drink

Best Food Delivery App
ShopeeFood or GrabFood (Extensive local and western options)
Best Local Dish to Try
Cao Lau (exclusive to Hoi An) at Morning Glory (approx. 85,000 VND)
Vegan/Vegetarian Options
The Karma Waters or Am Vegetarian; Meals range from 50,000 to 120,000 VND
Best Dessert Spots
Faifo Coffee (Rooftop views) or Mot Hoi An (Herbal tea and snacks)
Affordable Shopping Spots
Hoi An Central Market for fresh produce; Ba Le Market for local prices
E-commerce/Online Store
Shopee.vn or Lazada.vn (Extremely fast delivery)
Grocery Delivery
GrabMart or Chopp.vn
Bar/Nightlife Area
An Hoi Islet (across the bridge) and the 'Tiger Tiger' bar area
Local Brewery
7 Bridges Brewing Co. (Taproom in the Old Town area)
Wine Bars
White Marble Wine Bar (Le Loi St); Large selection of international imports
Street Food Stalls
Phan Chu Trinh Street for Banh Mi Phuong (approx. 35,000 VND)
Popular International Cuisine
Good Morning Vietnam (Italian) or Greek Kitchen Hoi An

Culture and Attractions

Must-See Landmarks
Japanese Covered Bridge (Chua Cau) and Tan Ky Old House
Museums & Art Venues
Precious Heritage by Réhahn (Fine art photography gallery and museum)
Historical Sites
Fujien Assembly Hall and Quan Cong Temple
Religious Sites
Chùa Cầu (The Bridge Pagoda) and Phap Bao Pagoda
Annual Events
Hoi An Lantern Festival (held every full moon of the lunar calendar)
Cultural Districts
The UNESCO Ancient Town Zone
Theater Venues
Hoi An Lune Center for the Performing Arts (Teh Dar show)
Local Markets
Hoi An Night Market (Nguyen Hoang St) for lanterns and snacks
Music Scene
Live acoustic sets at Soul Kitchen; Jazz nights at Tadioto
Street Art
Tam Thanh Mural Village (approx. 45 mins south of Hoi An)
Cooking Classes
Red Bridge Cooking School; Approx. $35 - $60 including market tour
Art Galleries
Couleurs d'Asie by Réhahn - Transversing Vietnamese ethnic culture
Historic Buildings
The Assembly Hall of the Cantonese Chinese Congregation
Local Heritage
Tailoring legacy; Custom suits and dresses at Bebe Tailor or Yaly Couture

Nature and Outdoor Activities

Nearby Nature Escapes
Bay Mau Coconut Forest (Basket boat tours); Cam Thanh water coconut groves
National Parks Nearby
Bach Ma National Park (approx. 2 hours north near Hue)
Cycling/Walking Paths
Cam Kim Island bicycle loop; lush rice paddies and wood-carving villages
Scenic Viewpoints
The rooftop of Faifo Coffee or the Hai Van Pass (1 hour drive north)
Birdwatching Locations
Thu Bon River Delta and the marshes near Tra Que Vegetable Village
Bonfire-Friendly Spots
Sections of Cua Dai Beach (away from major resorts)

Other Services and Amenities

Parcel Delivery Service
VNPost (near the center) or J&T Express for domestic shipping
Tech Repair Services
Mobile stores along Phan Chau Trinh Street; FPT Shop in Da Nang for major repairs
Table Tennis Spots
Local community halls in Cam Chau; some villas have tables
Language Classes
Hoi An Vietnamese Language Meetups; Private tutors approx. 200,000 VND/hour
Libraries & Study Spots
Hoi An Library (Giai Phong St); limited English books, better to use Hub Hoi An
Community Centers
Hoi An Training and Center for Culture and Sports
Gaming Lounges
Cyber Cafes (Internet Net) located on the outskirts (Hai Ba Trung St)
Casino & Gaming Halls
Hoiana Resort & Golf (South Hoi An); Luxury casino complex for foreigners

Continue exploring Hoi An