Why Malaysia is the best place to retire?
Malaysia, situated in the heart of Asia, has one of the highest standards of living, yet maintains cheap cost of living. It has a great climate, though the Malaysians probably would probably disagree, facilities are excellent, road are great, transport is cheap.
Some others reason, why people want to retire in Malaysia:
•Superb healthcare facilities and highly-skilled medical practitioners. Yet medical expenses and insurance can be very cheap and affordable compare to other countries. If you visit government hospital, it will be very cheap and there are plenty of private hospitals for those who could afford it.
•Blessed with warm moderate weather all year round. If you feel the heat is catching up to you, take a break at the hilly resort such as Penang hill, Genting Highland or Cameron Highland.
•Big shopping centers that have international brand names as their tenants, as well as street malls that carry cheap local products.
•Great education system. It also has many international schools to cater for expats children, and numerous colleges with affiliation with well-known overseas universities.
•Majorities of the people understand and speak English.
•Strategic location which makes traveling to neighboring countries fast and easy.
•When retire in Malaysia, you can visit many interesting places, climbing mountains, caves exploration, beaches and more.
•For golf enthusiasts, Malaysia has many championship-level golf courses, and very competitive golf membership rates.
•A large variety of food, cooked in a lot of different styles that have been influenced by the various cultures that exist in the country (Malay's satay, Indian fish curry, Chinese's Dim Sum, Tomyam from Thailand, etc). In fact, most types of food in the region are available in Malaysia, and they are cheap too!
•Low crime rate and highly efficient Royal Malaysian Police. Malaysia banned gun possession, so you don't hear much reported cases of shooting incident.
•Cheap insurance rate as the people are not as litigious as in the West
•Very friendly people.
•Retain your citizenship and all its privileges in your own country. You can come and go as you wish. There is no restriction on your stay and traveling when you retire in Malaysia.
•And the list goes on and on...
If you like to know what the typical expenses are when you retire in Malaysia, refer to the table below.
Expenses Cost (RM) Cost (USD)
Meal for a day RM20 USD6
2-bedroom apartment RM100K to RM150K USD30K to 36K
3-bedroom house RM100K to RM200K USD30K to 45K
Bungalow (600sqft with land) Up to RM500K USD151K
Desktop computer RM2,000 USD606
Visit a doctor (with medication) RM30 USD9
*Based on the exchange rate of RM1 = USD3.33