Vietnam Expat Tax Guide 2025
FEIE, Foreign Tax Credits, banking, visa options & filing strategies for US expats in Vietnam.
How Vietnam Taxes Work
Vietnam's tax system: Worldwide income for tax residents; progressive rates 5–35%.
FEIE vs Foreign Tax Credit
FEIE covers US tax effectively. Vietnam's rates start low. No totalization — SE tax applies on both sides.
The FEIE allows you to exclude up to $130,000 of foreign earned income from US taxation in 2025.
Social Security & Self-Employment Tax
Vietnam does not have a totalization agreement. Self-employed US expats will owe US SE tax (15.3%) regardless of local contributions.
Banking for US Expats
Vietcombank and Techcombank accept foreigners. Wise is popular for transfers.
Visa Options
E-visa (90 days), Business visa, or Work Permit + Temporary Residence Card.
Cost of Living
Very low — $800–$1,500/month in Ho Chi Minh City or Hanoi.
Frequently Asked Questions
Do US expats in Vietnam need to file US taxes?
Yes. US citizens must file regardless of where they live. The FEIE can exclude up to $130,000.
Should I use FEIE or FTC?
FEIE covers US tax effectively. Vietnam's rates start low. No totalization — SE tax applies on both sides.
What is the cost of living?
Very low — $800–$1,500/month in Ho Chi Minh City or Hanoi.
Compare FEIE vs FTC vs Combined strategies for Vietnam.
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