VNExpress-June 20
As soon as Bao Hoa retired from his Los Angeles city government job in southern California, he decided to go back to his roots and live in Vietnam. “For me, my childhood memories in Vietnam are the most peaceful and beautiful. At this age, when I want to enjoy life and relax, there is no more suitable place than home,” Hoa said of his decision to return to Vietnam in 2012, after more than 40 years of living in the U.S. Hoa graduated from the Georgia Institute of Technology in Atlanta, majoring in mechanical engineering. At the age of 55, after 30 years of work and qualifying for retirement, he decided to start a new chapter in his life. In 2012, Hoa brought his wife and youngest daughter back to Da Nang, while his two older daughters, who were married, remained in the U.S. In Da Nang, Hoa and his overseas Vietnamese friends invested in building high-end apartments along the coast of the Son Tra Peninsula.
According to Peter Hong, standing vice president of the Overseas Vietnamese Entrepreneurs Association, there are about 5.5 million overseas Vietnamese and more than one million people with at least one Vietnamese parent or grandparent. Of these, more than 20% are of retirement age and most of them want to return to Vietnam to live, invest and stay close to their roots in the last years of their lives. A study by researchers in Australia revealed that 170,000 of the 350,000 overseas Vietnamese in Australia want to spend their retirement in Vietnam. Read more at:
https://e.vnexpress.net/news/trend/overseas-vietnamese-return-home-for-retirement-4619215.html
