Da Nang
Vietnam · Southeast Asia · Asia
Da Nang pairs a long sandy coastline at My Khe with the green Son Tra peninsula and Marble Mountains, all at some of Asia's lowest costs. It is calmer than Ho Chi Minh City yet has a fast-growing nomad community clustered in the An Thuong cafe district, plus Vietnam's fastest broadband and 5G. Rents have climbed since 2025 as nomads, Koreans and remote workers flooded in, but a comfortable solo lifestyle still runs around $1,200 a month.
Wealth migration
Outflowing−300Da Nang booms as a lifestyle and property magnet, but Vietnam's millionaires are quietly heading offshore (-300 in 2025).
Tax regime
Worldwide income taxed up to 35%; no non-dom/foreign-income exemption
Tax residents (183+ days) pay 5-35% progressive on global income; new golden visa offers no special tax holiday for the wealthy
Golden / investor visa
Vietnam Golden / Investor Visa (10-year)
from $120,000
New scheme announced/piloted May 2025 in Da Nang, Phu Quoc, HCMC and Hanoi; investor track ~VND 3bn (USD 120k), PR after 5 years; still nascent and tourism-focused
Official source →Why the wealthy are leaving, 2025-26
- Henley 2025 flags Vietnam at -300 net millionaires, a 'worrying uptick in millionaire departures' as established wealth seeks offshore optionality (Singapore, UAE, Australia)
- Residents face up to 35% PIT on worldwide income with no non-dom or foreign-income exemption, unlike the UAE (0%) and Singapore that are pulling Asian HNWIs
- New 10-year Golden/Investor Visa launched/piloted May 2025 in Da Nang, Phu Quoc, HCMC and Hanoi (investor track ~USD 120k) is a fledgling attempt to court foreign capital but offers no tax incentive
- Da Nang's draw is real-estate and digital-nomad/lifestyle inflows (Free Trade Zone 2025, beachfront condos ~USD 2,500/m2, 50-year leasehold), not seven-figure wealth relocation
- Foreign property ownership capped (30% of condo units, 50-year renewable leasehold only) and capital-control frictions limit Da Nang as a true HNWI domicile
More of Da Nang
Monthly cost breakdown
$1,230solo nomad · mid-rangeClimate
Tropical monsoonPros
- Very low cost of living with comfortable solo budget around $1,200
- Beach, mountains and surf all within minutes of the city
- Vietnam's fastest fixed broadband and 5G
- Safe, friendly and a large established nomad community
Cons
- No dedicated nomad visa; relies on 90-day e-visas and renewals
- Rents rising fast and tourist zones noisy with construction and karaoke
- Air quality and traffic can be a drag; English is hit-or-miss outside expat areas
Where nomads stay
Nomad and cafe hub, 5 min walk to My Khe Beach; lively but noisy with the priciest rents
Local, quieter and cheaper near the beach; few coworking options so most work from home
Downtown core with best transport links and authentic Vietnamese feel, ~3km inland
Beachfront living with sea-view apartments and easy surf access
Coworking
- Seaview Coworking
- Nomads Coworking
- Coworking Danang
- Enouvo Space
Annual events
- Da Nang International Fireworks Festival (DIFF)June
- Lunar New Year (Tet)February
- Mid-Autumn FestivalSeptember
