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Hanoi is the capital and the second largest city of Vietnam and has a population of over 7 million. It has a considerable expat population, especially from other Asian countries like Japan that migrate for a better lifestyle at an affordable cost. The city has been experiencing rapid economic growth and is forecasted to be a big contributor to Vietnam’s growth, due mainly to the tremendous growth in manufacturing, trade, and tourism.
Hanoi earned its nickname, the “Paris of the East” for its visible and robust influence of French style architecture within the city. The city has a European feel with its lakes, scenic tree-lined boulevards, French-style villas, and buildings. Despite the ravages of war, Hanoi, surprisingly, has conserved historic architectural structures like the famous Old Quarter, close to 600 pagodas and temples.
Villas are the favorite properties for rent amongst expats who like to enjoy luxury and privacy. Apart from expats, many wealthy locals that enjoy the lavish lifestyle also live in villas and houses.
You will find many villas in Ciputra, Hanoi with exclusive amenities with an outdoor balcony, terrace, courtyard, private swimming pool, and garden. In terms of rentals, it varies depending on the location and spec of the villa. For example, you may be able to find a villa for rent in Ciputra from $2800 to $10000. This particular area has the highest concentration of Foreigners living here than any other area in Hanoi.
You will find many villas for rent in the Tay Ho district, in the West Lake Area, which is another preferred area amongst expats. Rents start from around $2700 and skyrocket to $20,000 and upwards depending on the size, amenities, views, and furnishing, etc. The styles of these villas also vary depending on the suburbs. In Hoan Kiem district, you have the choice of modern, French and European style while Ba Dinh offers classical and Vietnamese style villas. Apart from established suburbs, most villas that are available for rent at Thanh Xuan, Cau Giay, Hai Ba Trung, Tu Liem, and Dong Da districts are modern and contemporary as these are either upcoming or newly established suburbs.
Hanoi has been divided into many districts, and each region has its unique qualities and housing options. Some of the more popular areas for housing in Hanoi are:
Hoan Kiem – This district has two parts: The Old Quarter in the northern side of Hoan Kiem Lake and the French Quarter to the south of the lake. You will find cafes, boutiques, French bakeries, hospitals, and restaurants along the main shopping streets.
Tay Ho (West Lake Area) – A district very popular with expats, it has a more relaxed atmosphere and has an excellent choice of beautiful villas. It’s well-suited for families that want a quiet and peaceful life.
Ba Dinh – This area is home to some of the main attractions in Hanoi such as the Ho Chi Minh Mausoleum and the Presidential Palace. It’s a nice residential area with high-rises and is occupied mostly by Vietnamese than migrants
Truc Bach – Just like West Lake Area, this is a favorite among expats. It’s a quiet neighborhood that faces the southern part of the lake. It is part of Ba Dinh district but does have a different feel to it.
Hai Ba Trung – This district is named after the famous rebel leaders of Vietnam, the Trung Sisters. This area gives a chaotic feeling as it has crowded streets with vintage buildings.
Thanh Xuan– This district is primarily residential and has many universities. A perfect location for families with children at school or college.
Dong Da– This district is located in such a way that you can easily access other areas of Hanoi city. The population of Dong Da is high, which gives this location the authentic feel of traditional Vietnam. It has many universities, and because of the student population, accommodation is more affordable.
Life in Hanoi is comfortable with its mix of ancient and modern heritage. It is urban yet preserved with old traditions and culture. Vietnam is undergoing a huge economic development; it has available many job and business opportunities for expats. The native and official language is Vietnamese and most of the locals don’t speak English which actually helps expats to find jobs as English Teachers quite easily. It is very easy for expats to get employment here and many of them have jobs to come to as the country is growing rapidly and has created a huge demand for western educated professionals within many of the industries.
Hanoi has a tropical climate with hot, humid, rainy summers, and cold and dry winters. Rainy season is from May to September, while winter is from November to March.
Like most other Asian countries, residents of Hanoi are early-risers and you can see them out in the parks exercising, practicing Tai-Chi or jogging around Hoan Kiem Lake at five in the morning. In their culture, it's considered good manners to show respect to older adults and to people in respectable positions.
Hanoi is very famous for its food and culture, especially the Street food. When in Hanoi, you must not miss out in trying authentic Hanoi dishes like Pho, Cha ca, Bun Cha, Bun Thang and much more.
There’s no shortage of shopping areas in the city. Street shopping in the very famous and must-visit Old Quarter is an adventure in itself. Hanoi also has huge malls and shopping centers that will suit the shopper that wants trendy and fashionable outfits.
Affordable Rental Options - Hanoi provides varied and reasonable rentals for the expats and locals. You can live in a Studio or a six bed Villa and they all normally cheaper than most other Asian cities.
Growing Economy – Vietnam is forecasted to be among the Top 3 developing economies in Asia which have opened up huge opportunities for expats.
Awesome Culture - People of Hanoi are charming and welcoming. It has an Asian Culture of strong family bond and community ties.
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