Do US retirees living in Vietnam pay taxes in Vietnam on US income?

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qnbui Serial expat

Member since 17 October 2018

qnbuiSerial expat02 October 2023 22:35:55

325

Just wondering if US citizens retiring in VN with visa exemption have to pay taxes on investment income, or other income or 401K withdrawal? I'm not talking about income made in VN but like US stock investments, US rental income,... and 401K withdrawals.

Appreciate any info

yng68bld Active member

Member since 21 September 2023

yng68bldActive member03 October 2023 03:29:22

The answer is NO.聽 Uncle Sam will have first dip on it and since US and VN have treaty on that tax matter, you won't be taxed twice.

pogiwayne Serial expat

Member since 10 April 2021

pogiwayneSerial expat03 October 2023 03:53:26

322

聽聽 Just wondering if US citizens retiring in VN with visa exemption have to pay taxes on investment income, or other income or 401K withdrawal? I'm not talking about income made in VN but like US stock investments, US rental income,... and 401K withdrawals.
Appreciate any info
聽聽

聽聽 -@qnbui

The tax question answer is you will just pay USA tax on your worldwide income.

Vietnam Visa Exemption Certificate as writen in immigration law is for visiting not residence. Many think it qualifies someone for everything that a TRC does but thats a misconception. Good luck with your transition to ret.

Svho Active member

Member since 18 February 2023

SvhoActive member03 October 2023 04:30:50

@qnbui

Yes!聽 Always!聽 I remember reading somewhere that it is generally good to be in a state (registered) that has a lower tax rate when one travels abroad.聽 I need to dig up more information on that.

qnbui Serial expat

Member since 17 October 2018

qnbuiSerial expat03 October 2023 04:31:55

325

@yng68bld聽 @pogiwayne Thank you!锘�

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