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Moving to Da Nang? Here's everything you need to know (2026)

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Authored by the expert who managed and guided the team behind the Vietnam Property Pack

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Da Nang has become one of Southeast Asia's most popular destinations for expats looking for a beach lifestyle without the chaos of larger Vietnamese cities.

This guide covers everything you need to know about living in Da Nang in 2026, from costs and salaries to visas and neighborhoods.

We constantly update this blog post to make sure the information stays fresh and accurate.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Da Nang.

Is Da Nang a good place to live in 2026?

Is quality of life getting better or worse in Da Nang in 2026?

As of early 2026, quality of life in Da Nang is improving, driven by strong economic growth (the city posted 9.18% GRDP growth in 2025) and significant infrastructure investments in higher-value sectors like IT and semiconductors.

The most notable improvement has been the expansion of expat-friendly services and amenities in beach-adjacent neighborhoods like My An and An Thuong, where you can now find more coworking spaces, gyms, and international-standard cafes than just a few years ago.

However, this growth comes with a trade-off: traffic congestion and "tourist pricing" in popular areas have gotten worse, and you will feel more crowding in hot zones during peak season than you would have before the tourism rebound.

Sources and methodology: we cross-referenced economic indicators from VnEconomy with tourism data from Vietnam National Administration of Tourism and the World Bank's Vietnam Economic Update. We also factored in our own rental market observations and expat community feedback. These combined sources help us track how economic trends translate into daily life changes for residents.

Are hospitals good in Da Nang in 2026?

As of early 2026, hospitals in Da Nang offer solid care for routine medical needs and most common conditions, though for complex surgeries or specialized treatments, many expats still transfer to Hanoi or Ho Chi Minh City where the largest medical hubs are located.

The hospitals expats most commonly recommend in Da Nang are Vinmec Da Nang International Hospital (a private network with English-speaking staff and published pricing), Hoan My Da Nang Hospital (a large private provider), and Da Nang Hospital (a public facility with strong clinical capabilities but less English support).

A standard doctor consultation in Da Nang in 2026 typically costs between 150,000 and 500,000 VND (around 6 to 20 USD or 5 to 18 EUR) at public hospitals, while private hospital consultations range from 600,000 to 1,500,000 VND (around 24 to 60 USD or 22 to 55 EUR) depending on the specialty.

Private health insurance is strongly recommended for expats in Da Nang, especially if you want access to private hospitals by default, need evacuation coverage to larger cities or Singapore, or have dependents relying on you.

Sources and methodology: we gathered consultation fees from official hospital pricing pages including Vinmec Da Nang and public hospital fee regulations from LawNet Vietnam. We also incorporated feedback from our network of expats in Da Nang about their actual healthcare experiences. This combination helps us distinguish between clinical quality and expat-friendliness in our assessments.

Are there any good international schools in Da Nang in 2026?

As of early 2026, Da Nang has a small but growing selection of international schools, with roughly five to eight established options that follow international curricula (IB, American, British, or Singaporean), which is fewer than Hanoi or Ho Chi Minh City but enough to give families real choices.

The most reputable international schools among expat families in Da Nang include Singapore International School @ Da Nang (SIS Danang) and APU American International School, both of which have established track records with the foreign community.

Annual tuition fees at international schools in Da Nang in 2026 typically range from 250 million to 650 million VND per child (around 10,000 to 26,000 USD or 9,200 to 24,000 EUR), depending on the grade level and program, with high school years generally costing more than primary grades.

Waitlists at popular international schools in Da Nang are usually manageable compared to the major cities, but sought-after grades can still fill up quickly, so you should plan for three to six months of lead time if you are applying for the August or September intake, and note that public schools are not a practical option for expat children because instruction is entirely in Vietnamese.

Sources and methodology: we verified tuition figures directly from official school fee schedules, including Singapore International School @ Da Nang, and cross-checked with expat family surveys from our database. We also reviewed enrollment patterns discussed in local expat forums and parent groups. School fees are treated as "hard anchors" that drive family budget planning.

Is Da Nang a dangerous place in 2026?

As of early 2026, Da Nang is generally considered safe by global standards, with a low rate of serious violent crime compared to most Western cities and other popular expat destinations in Southeast Asia.

The most common safety concerns for expats in Da Nang are bag snatching and phone theft (especially on beach roads and near night markets where thieves on motorbikes target distracted pedestrians), traffic accidents (by far the biggest day-to-day hazard), and occasional scams in tourist-heavy areas like the An Thuong strip.

The neighborhoods generally considered safest for expats in Da Nang include the well-lit, walkable areas of My An, Phuoc My, and An Hai Bac on the beachside (Son Tra and Ngu Hanh Son districts), as well as central Hai Chau district where there is more police presence and established infrastructure.

Women can generally live alone safely in Da Nang, especially in expat-heavy neighborhoods, with the practical safety rules being the same ones locals follow: keep bags and phones secure in traffic, prefer ride-hailing apps late at night, and choose housing in buildings with decent security.

Sources and methodology: we anchored our crime assessment using international homicide statistics from UNODC's Global Study on Homicide and visualizations from Our World in Data. We supplemented this with travel advisory patterns and direct feedback from expats living in Da Nang. Our analysis separates "serious violence" (statistically rare) from everyday risks like petty theft and traffic.

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How much does everyday life cost in Da Nang in 2026?

What monthly budget do I need to live well in Da Nang in 2026?

As of early 2026, a single person can live comfortably in Da Nang on around 45 million VND per month (approximately 1,800 USD or 1,650 EUR), which covers a decent one-bedroom apartment, regular dining out, gym membership, air conditioning, and motorbike or ride-hailing transport.

For a more modest but still decent lifestyle in Da Nang, you can manage on 35 million VND per month (around 1,400 USD or 1,300 EUR) if you choose a local neighborhood over beachside locations, cook at home more often, and limit entertainment expenses.

If you want a more comfortable or upscale lifestyle in Da Nang with a nicer apartment, frequent restaurant meals, weekend trips to Hoi An or Hue, and premium gym memberships, you should budget around 55 to 75 million VND per month (2,200 to 3,000 USD or 2,000 to 2,750 EUR) for a single person or couple.

Housing is the expense category that most shapes your budget in Da Nang, with beachside apartments in My An or Phuoc My costing significantly more than equivalent units in central Hai Chau or local neighborhoods like Thanh Khe, and your choice of location can swing your rent by 10 to 15 million VND per month.

Sources and methodology: we built these budget estimates by combining real rental asking prices from Batdongsan with published costs for schools, healthcare, and daily expenses. We cross-checked against official wage data from the National Statistics Office of Vietnam to ensure our figures are grounded in local economic reality. Our own expat surveys help validate that these budgets match actual spending patterns.

What is the average income tax rate in Da Nang in 2026?

As of early 2026, the effective income tax rate for a typical middle-income expat earning around 50 million VND per month in Da Nang is roughly 6 to 10%, though this will depend on your specific deductions and whether the new Personal Income Tax law (scheduled for July 2026) affects your bracket.

Vietnam uses a progressive tax system with marginal rates ranging from 5% on the first taxable income bracket up to 35% on the highest incomes, and for most salaried expats earning between 50 and 200 million VND per month, the effective rate you actually feel typically falls between 10% and 25% after deductions.

Sources and methodology: we based our tax estimates on the PwC Vietnam Personal Income Tax brief, which details the 2026 law changes and effective dates. We converted official brackets into practical "effective rate" ranges that reflect what expats actually pay. Our calculations assume standard deductions available to tax residents in Vietnam.
infographics rental yields citiesDa Nang

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

What kind of foreigners actually live in Da Nang in 2026?

Where do most expats come from in Da Nang in 2026?

As of early 2026, the largest groups of expats in Da Nang come from South Korea, Japan, China, and Taiwan (tied to business and tourism investments), along with significant communities from Australia, Europe, and North America (drawn by remote work opportunities and lifestyle migration).

While Vietnam publishes detailed foreign worker statistics nationally rather than city-by-city, estimates suggest that Da Nang hosts several thousand long-term foreign residents, representing a small but visible percentage of the city's population of over one million people.

Korean and Japanese expats are drawn to Da Nang primarily because of established business connections, direct flights, and tourism infrastructure, while Western expats are typically attracted by the beach lifestyle, favorable time zone for remote work with Australian and Asian clients, and lower cost of living compared to other coastal destinations.

The expat population in Da Nang is a genuine mix, including remote workers and digital nomads, English teachers at language centers and international schools, tourism and hospitality professionals, and a growing number of tech workers as the city courts IT investment through its Hi-Tech Park.

Sources and methodology: we drew on national foreign worker data from the National Statistics Office of Vietnam and investment reports from Da Nang Investment Promotion Agency. We supplemented this with tourism arrival patterns from Vietnam National Administration of Tourism. Our own community surveys help fill gaps where official city-level data is limited.

Where do most expats live in Da Nang in 2026?

As of early 2026, most expats in Da Nang cluster in the beachside neighborhoods of My An and An Thuong (in Ngu Hanh Son District) and Phuoc My and An Hai Bac (in Son Tra District), with a secondary concentration in central Hai Chau district for those who prefer city convenience over beach proximity.

These beachside neighborhoods attract expats because they offer walkable access to cafes, gyms, coworking spaces, and international restaurants within a few blocks, plus they are close to My Khe Beach and have a higher density of English-speaking services and furnished apartments designed for foreign renters.

Hoa Xuan in the Cam Le area is emerging as an up-and-coming option for expats who want more space, quieter surroundings, and house-style living at lower prices, though it requires a longer commute to the beach and has fewer established expat amenities than the beachside zones.

Sources and methodology: we identified expat neighborhoods by analyzing rental listing concentrations on Batdongsan and cross-referencing with the Savills Da Nang Market Brief. We also incorporated direct feedback from expat community groups about where foreigners actually live. This approach captures both official market data and real-world settlement patterns.

Are expats moving in or leaving Da Nang in 2026?

As of early 2026, the net trend for expat migration in Da Nang is clearly moving in, driven by the city's strong economic growth, tourism rebound, and continued cost advantage over Ho Chi Minh City and Hanoi.

The main factors attracting new expats to Da Nang right now are the beach lifestyle without big-city congestion, the improving infrastructure for remote work, and the city's active investment in higher-value sectors that create more professional job opportunities beyond just teaching and tourism.

Some expats do leave Da Nang because of weather concerns (the typhoon season from September to December and humid heat can be challenging), limited career advancement compared to larger cities, or the desire for more cultural and nightlife options that Hanoi and Ho Chi Minh City offer.

Compared to similar beach destinations in Southeast Asia like Bali, Phuket, or Penang, Da Nang is attracting expats at a faster rate in 2026 because it combines lower costs with stronger economic fundamentals and fewer visa headaches than some alternatives.

Sources and methodology: we assessed migration trends using economic indicators from VnEconomy and tourism recovery data from Vietnam National Administration of Tourism. We compared Da Nang's trajectory to regional competitors using World Bank forecasts. Our own relocation inquiry data helps confirm these directional trends.

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What paperwork do I need to move to Da Nang in 2026?

What visa options are popular in Da Nang in 2026?

As of early 2026, the three most popular visa types for expats moving to Da Nang are the e-visa (for tourist and short-stay purposes), the work permit combined with a Temporary Residence Card (for those employed locally), and business or investor visas (for those setting up or owning a company in Vietnam).

The e-visa is the easiest entry point and can be obtained through the official Vietnam e-visa portal, requiring a valid passport, a digital photo, and payment of the application fee, with no sponsor or invitation letter needed for most nationalities.

Vietnam does not currently offer a dedicated digital nomad visa, so remote workers typically enter on an e-visa or tourist visa and either do visa runs to neighboring countries or transition to a business visa if they plan to stay long-term, though this situation may evolve as the government considers new visa categories.

The e-visa is valid for up to 90 days with single or multiple entry options, while a Temporary Residence Card (obtained after securing a work permit) can be valid for up to two years and is renewable, making it the preferred option for expats with local employment.

Sources and methodology: we verified visa pathways using the official Vietnam Immigration Portal and the Vietnam e-visa system. We also referenced policy summaries from the Embassy of Vietnam in the USA. Our guidance prioritizes official government sources to help readers avoid scam visa websites.

How long does it take to get residency in Da Nang in 2026?

As of early 2026, the typical processing time to obtain a work permit in Vietnam is four to eight weeks, and once you have the work permit, the Temporary Residence Card usually takes an additional one to three weeks, meaning the full process from start to finish generally takes around six to ten weeks.

Common factors that can delay your residency application include slow document legalization from your home country (especially for degree certificates and police clearances), incomplete paperwork, and backlogs at the local immigration office, while having an experienced HR team or immigration agent can significantly speed things up.

To become eligible for permanent residency in Vietnam, expats generally need to have lived in the country continuously for at least three years on a valid temporary residence permit, though the requirements are strict and most expats simply renew their Temporary Residence Cards rather than pursuing permanent status.

Sources and methodology: we based processing timelines on procedural information from the Vietnam Immigration Portal and practical guidance from legal service providers in Vietnam. We also incorporated feedback from expats who have recently completed the process in Da Nang. Our estimates reflect typical cases, not best-case or worst-case scenarios.
infographics map property prices Da Nang

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

How hard is it to find a job in Da Nang in 2026?

Which industries are hiring the most in Da Nang in 2026?

As of early 2026, the top three industries hiring the most in Da Nang are tourism and hospitality (still the core economic engine), IT and software development (a growing priority with the city's Hi-Tech Park attracting tech investment), and education (including international schools and English language centers).

Getting hired in Da Nang without speaking Vietnamese is realistic in certain lanes like international schools, foreign-owned tech companies, tourism management roles, and remote work positions, but it is much harder for local sales, administrative roles, or any position that requires direct interaction with Vietnamese clients or government offices.

The types of roles most accessible to foreign job seekers in Da Nang are English teaching positions (by far the most common), software development and product management at tech companies with international clients, hotel and resort management in the hospitality sector, and specialized consulting roles at foreign-invested firms.

Sources and methodology: we identified hiring trends using sector investment data from the Da Nang Hi-Tech Park brochure and tourism figures from Vietnam National Administration of Tourism. We cross-referenced with job posting patterns on major platforms. Our expat employment surveys help validate which roles are actually accessible to foreigners.

What salary ranges are common for expats in Da Nang in 2026?

As of early 2026, the typical salary range for expats working in Da Nang spans from 35 million to 120 million VND per month (around 1,400 to 4,800 USD or 1,300 to 4,400 EUR), depending heavily on the industry, role, and your experience level.

Entry-level and mid-level expat positions in Da Nang, such as English teaching or junior software roles, typically pay between 35 and 60 million VND per month (around 1,400 to 2,400 USD or 1,300 to 2,200 EUR), which is comfortable for a single person but lower than equivalent roles in Ho Chi Minh City or Hanoi.

Senior or specialized expat roles in Da Nang, such as tech leads, international school department heads, or managers at foreign-invested companies, can command 120 to 250 million VND per month or more (around 4,800 to 10,000 USD or 4,400 to 9,200 EUR), though these positions are less common than in the major cities.

Employers in Da Nang commonly sponsor work visas for senior or specialized roles and at international schools, but sponsorship is less routine for junior positions or at companies that do not already employ foreigners.

Sources and methodology: we grounded salary expectations using the Robert Walters Vietnam Salary Survey and comparable recruiter benchmarks. We adjusted figures slightly downward from Ho Chi Minh City and Hanoi levels to reflect Da Nang's smaller corporate market. Our own job placement data helps validate these ranges for the Da Nang context specifically.

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What's daily life really like for expats in Da Nang right now?

What do expats love most about living in Da Nang right now?

Expats in Da Nang most commonly praise the beach lifestyle without big-city chaos, the walkable convenience of neighborhoods like An Thuong and My An, and the easy access to weekend escapes like Hoi An, Hue, and Ba Na Hills.

The lifestyle benefit expats mention most often is the ability to start the day with a beach run or swim, work from a cafe with good wifi, and still have time for a sunset dinner, all without spending hours in traffic like you would in Ho Chi Minh City.

On the practical side, expats appreciate that Da Nang offers a genuine cost advantage compared to larger Vietnamese cities and other Southeast Asian beach destinations, with lower rents, cheaper food, and affordable domestic help if needed.

Socially, expats enjoy the tight-knit foreign community in Da Nang where it is easy to meet people, the friendly reception from locals who are accustomed to foreign visitors, and the relaxed pace of life that makes it easier to build genuine relationships.

Sources and methodology: we gathered expat sentiment from community surveys, forum discussions, and direct interviews with long-term residents in Da Nang. We cross-referenced these observations with quality-of-life factors tracked in our internal database. Tourism data from Vietnam National Administration of Tourism helps explain why amenities keep improving.

What do expats dislike most about life in Da Nang right now?

The top complaints from expats in Da Nang are the challenging weather (especially the typhoon season from September to December and the intense humidity), the traffic risk from motorbikes and unpredictable driving habits, and the limited career options compared to Hanoi or Ho Chi Minh City.

The daily inconvenience that frustrates expats most is the noise and construction in fast-growing neighborhoods, where new buildings seem to go up constantly and the sound of jackhammers can start early in the morning, especially in popular areas where development is racing to keep up with demand.

On the administrative side, the biggest headache is navigating residency paperwork, where requirements can change, documents need multiple stamps and translations, and the process often requires patience and local help to complete successfully.

Most expats consider these frustrations manageable rather than deal-breakers, viewing them as the trade-off for the beach lifestyle and lower costs, though people who need predictability or have low tolerance for bureaucracy may find Da Nang more challenging than expected.

Sources and methodology: we compiled common complaints from expat community feedback, forums, and exit surveys of people who left Da Nang. We validated weather concerns against climate data and visa frustrations against the Vietnam Immigration Portal procedures. Our analysis aims to give an honest picture, not just positive marketing.

What are the biggest culture shocks in Da Nang right now?

The biggest culture shocks expats experience when moving to Da Nang are the noise levels (from traffic, construction, and karaoke that can go late into the night), the directness in business and service interactions (which can feel abrupt to Westerners), and the informality of rental and business agreements compared to Western standards.

The social norm that surprises newcomers most is the concept of "face" and relationship-based trust, where building personal rapport matters more than written contracts, and being direct about problems can sometimes create awkwardness that indirect communication would avoid.

The aspect of daily routines that takes longest to adjust to is the early schedule, where locals often start their day at 5 or 6 AM with exercise, markets open at dawn, and construction can begin at first light, which clashes with the night-owl habits many Western expats bring with them.

Sources and methodology: we identified culture shocks through long-term expat interviews and newcomer adjustment surveys in our database. We cross-referenced with broader cultural guidance from expat relocation resources. These insights reflect patterns we have observed consistently over multiple years of tracking the Da Nang expat community.
infographics comparison property prices Da Nang

We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

Can I buy a home as a foreigner in Da Nang in 2026?

Can foreigners legally own property in Da Nang in 2026?

As of early 2026, foreigners can legally own certain types of residential property in Da Nang (primarily apartments and condos, and some house types in approved projects), but they cannot own land outright and ownership is subject to specific restrictions.

The main restrictions for foreigners buying property in Da Nang are that ownership is limited to 50 years (renewable), each development project has a quota limiting foreign ownership to 30% of apartments or 10% of houses, and you must have a valid visa or entry permit to qualify for purchase.

In practice, foreigners in Da Nang can most easily buy apartments and condos in developments that have been approved for foreign ownership, while buying landed houses is possible but more limited, and purchasing bare land directly is not permitted for foreign individuals.

By the way, we've written a blog article detailing the whole property buying process for foreigners in Da Nang.

Sources and methodology: we based property ownership rules on Vietnam's Housing Law and Land Law as summarized by legal advisors, including guidance from Andersen Vietnam. We cross-checked with official city publications from Da Nang City. Our property pack includes more detailed guidance on navigating these rules.

What is the average price per m² in Da Nang in 2026?

As of early 2026, the average price per square meter for residential apartments in Da Nang ranges from about 45 to 75 million VND (around 1,800 to 3,000 USD or 1,650 to 2,750 EUR) for mid-market properties, while prime coastal or river-adjacent new builds can reach 75 to 130 million VND per square meter (3,000 to 5,200 USD or 2,750 to 4,800 EUR).

Property prices in Da Nang have trended upward over the past two to three years, driven by strong economic growth, tourism recovery, and infrastructure investments, though the rate of increase has been more moderate than in Ho Chi Minh City or Hanoi.

Also, you'll find our latest property market analysis about Da Nang here.

Sources and methodology: we anchored price estimates using official land-price publications from Da Nang City and market analysis from Savills Vietnam. We compared these to actual asking prices on Batdongsan. Our property pack includes neighborhood-level breakdowns with more specific figures.

Do banks give mortgages to foreigners in Da Nang in 2026?

As of early 2026, mortgages for foreigners in Da Nang are limited rather than widely available, with most Vietnamese banks preferring to lend to citizens, so many foreign buyers end up paying cash or arranging financing through assets outside Vietnam.

The banks that have been known to consider mortgage applications from foreigners in Vietnam include HSBC Vietnam, Standard Chartered Vietnam, and occasionally Vietcombank, though availability and terms vary significantly based on your documentation and relationship with the bank.

Typical mortgage conditions for foreigners who do qualify include a down payment of 30 to 50% (higher than for Vietnamese buyers), interest rates ranging from 8 to 12% per year (variable), and maximum loan terms of 15 to 20 years, though these terms are subject to negotiation and can change.

To qualify for a mortgage as a foreigner in Da Nang, banks typically require proof of stable income (employment contract or business income), valid residency status, the property's certificate of ownership eligibility, and sometimes a local guarantor or substantial deposit relationship with the bank.

You can also read our latest update about mortgage and interest rates in Vietnam.

Sources and methodology: we gathered mortgage availability information from bank websites and local real estate advisors familiar with foreign buyer transactions. We cross-referenced with legal guidance from firms advising on Vietnam property purchases. Our property pack includes more detailed guidance on financing options for foreign buyers.

Buying real estate in Da Nang can be risky

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investing in real estate foreigner Da Nang

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Da Nang, we always rely on the strongest methodology we can … and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why it's authoritative How we used it
National Statistics Office of Vietnam Vietnam's official statistics agency for population, income, and labor data. We used it as the baseline for wage levels and macro trends. We cross-checked Da Nang claims against national data series.
World Bank Vietnam Economic Update Top-tier international institution with transparent macro forecasts. We used it to frame 2026 growth and inflation expectations. We treated it as a macro boundary and localized findings to Da Nang.
Da Nang City Official Portal The city's official website reporting government decisions and land prices. We used it for official land-price benchmarks by area. We compared market asking prices to administrative land values.
Vietnam Immigration Department The government authority for visa and residency processes. We used it to describe real visa pathways and requirements. We cross-checked against the official e-visa portal to avoid scam sites.
Vinmec Da Nang Hospital Official price-list reference from a major private hospital network. We used it to ground healthcare cost estimates in real posted pricing. We compared private rates to public hospital fee ranges.
Singapore International School Da Nang The school's official tuition and fee disclosure. We used it to anchor realistic international school budgeting. We treated published fees as hard anchors for family budgets.
UNODC Global Study on Homicide The UN authority compiling international crime statistics. We used it to anchor serious violence risk in a globally comparable way. We localized with travel advisory patterns for petty crime.
PwC Vietnam Tax Brief Established tax advisor that cites enacted laws clearly. We used it to flag 2026 tax regime changes and timing. We converted brackets into effective-rate estimates for typical expat salaries.
Savills Vietnam Market Brief Global real estate consultancy with formal research methodology. We used it for market segmentation and demand drivers. We cross-referenced prices with official benchmarks and listing portals.
Robert Walters Vietnam Salary Survey Established recruiter with transparent salary benchmarking. We used it to ground expat salary expectations. We adjusted figures for Da Nang's smaller market compared to major cities.
statistics infographics real estate market Da Nang

We have made this infographic to give you a quick and clear snapshot of the property market in Vietnam. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.