Retire in Malaysia
Best Places To Retire In Asia
Many people look ahead to their retirement days- to relax and to pursue
interests that they couldn't previously because of a hectic work schedule. They also look for financial
security and an ability to maintain the lifestyle they are used to. A retirement life that provides for all of
the above in the United States requires plenty of money. Learn about Malaysia - one of the best locations
to retire in Asia.
Nobody wants their standard of living to drop dramatically when they retire, which is
inevitable when rising costs and lower interest rates are a reality of our times. Many American citizens realize
that retiring in the United States with limited funds and resources compromises their vision for retirement - as a
result, they contemplate relocating to countries in Asia, which are more afffordable and provide a comfortable,
even luxurious, lifestyle.
The Philippines, Thailand, Malaysia, Singapore, Indonesia, India, Vietnam and Cambodia are
some countries where one can find a safe retirement haven, friendly people, lower cost of living, and a lifestyle
comparable to that in the developed economies. With low air fares, it is also possible to travel
to these countries affordably. Malaysia, on account of its strategic geographical location, good
weather and high standard of living is considered as a smart choice for people to retire in. It
has a legitimate retirement visa scheme called "Malaysia My Second Home", which makes the process of immigration
Malaysia is a tropical paradise. Situated in the heart of Asia, Malaysia has pleasant, warm
and balmy weather, with moderate rain throughout the year. There are highland residential areas and resorts with
permanent spring-like weather throughout the country. Its geographical locale is such that there are no
earthquakes. Malaysia is one of the most politically stable countries in Asia. The rule of law is prevalent and the
British Common Law system of justice, with an independent, reliable and dependable judiciary, is in practice. Low
crime rates makes it the one of the safest countries to reside in. English is widely spoken by a majority of the
people. There are some great places to visit, like the Petronas Twin Towers, Niah Caves, Mount Kinabalu and Genting
Malaysia has plenty of natural attractions for adventure seekers - forests and oceans - with
an enormous variety of flora, fauna and marine life.
Infrastructure and Facilities:
Malaysia has one of the most well developed infrastructures among the countries of Asia. Some
of these are summarized below:
Cost of living
Standard And Cost Of Living: Malaysia has one of the highest standards of living in the region
with modern infrastructure and facilities. The Cost of living is one of the lowest in Asia and is expected to
remain so for a very long time. This is achieved through the local government’s efficient monitoring of the economy
to keep inflation low at all times. Support services in the form of full-time housekeepers, gardeners, and
cooks are affordable. A night in a decent hotel would cost you anywhere between $20 to about $100 U.S. A meal in a
fancy Malaysian restaurant would cost about $20 to $30 U.S, while a decent meal in a cheap local restaurant would
only cost you about $2 U.S. A small bottle or a pint of beer can be purchased for about $2 U.S. Bottled mineral
water is available in most shops and supermarkets and would cost about 20 to 30 cents. When it comes to
transportation, a short taxi ride could cost you only about $4 to $6.
World-Class Telecommunication Infrastructure: Malaysia's telecommunications network is
impressive and is currently being further upgraded. Digital and fiber optics technology is being used to provide
high quality telecommunication services at highly competitive prices. Fixed line telephone service is available
even in some of the most remote parts of the country. Cell phone access is available nationwide, and one of the
major operators in Malaysia, Telekom Malaysia, offers cheap call rates for nationwide calls. Inexpensive Internet
access is available almost everywhere in Malaysia, while faster broadband access is available in major cities.
Expressways And Transportation: The whole country is well connected with modern road, rail,
air and sea transportation systems. Buses, taxis, and trains are comparatively efficient and inexpensive.
Malaysia's modern urban transportation systems make traveling fast and convenient. Malaysia’s world-class
expressway system comprises of several types of roads - Federal Roads, State Roads and Municipal Roads, all well
maintained by the government.
Health Facilities: Malaysia has state-of-the-art health care facilities at various public and
private hospitals that offer exemplary medical support services. The National Heart Institute in Malaysia is
capable of handling all types of heart surgery, from normal routine angiograms to the most complex bypass
Food: Food from different parts of the world is available in Malaysia at a reasonable cost.
For example, a hamburger in Malaysia would cost much less than in the United States. Local Malaysian cuisine
is even cheaper. With so many races and cultures living together in harmony, a blend of culinary traditions has
developed resulting in Malaysia being referred to as ‘Food Paradise’. The tropical fruits of Malaysia are unique,
exotic and available in abundance practically throughout the year.
What to do in Malaysia
Recreation, Entertainment & Shopping: The country has a lot to
offer in terms of entertainment for the family - theme parks, jungle trails/sports, water sports and one of
the highest golf-course-to-population ratio.
Most items that tourists normally like to buy such as perfumes, cosmetics, watches, fountain
pens, electronic goods and branded goods can be bought tax free. Quality goods from all over the world are imported
and are sold at moderate prices in Malaysia.
You could also dive into the beautiful tropical reefs around Malaysia.
Housing: There is a wide choice of housing options in Malaysia - quality residences - terrace
houses, semi-detached bungalows, apartments and condominiums. There are also residences available in tourism zones
– on beaches, near jungles and theme parks, recreational places and city centers. The monthly rentals for
accommodations can range from as low as RM1,500 - 3,800 (US$395-$1,000) for a furnished 3-bedroom condominium in
the suburbs of Kuala Lumpur to RM16,000 - 20,000 (US$4,737-5,263) for a luxury bungalow in the posh neighborhood of
Kenny Hills nearer to the city.
Education: The country has a well-developed educational system – both public and private.
International schools exist in all major towns and have English as the medium of instruction. There are also
private colleges and universities offering joint programs with other well-known universities and major colleges
from throughout the world. Quality education up to the highest level is available. Malaysia is already becoming an
educational center of excellence for the region, with most courses being offered measuring up to international
Finance and banking
Financial Facilities: A well-developed financial and banking sector
with sophisticated financial facilities is available through domestic and foreign commercial banks and their
nationwide network of branches. There are also representative offices of several foreign banks that have
established a presence in the country.
Malaysia is a second home for people who want to retire abroad because it to offers good civic
infrastructure, a reasonable cost of living and a safer environment. Expatriates enjoy a safe and comfortable
living environment with 21st century amenities, good healthcare and medical facilities, excellent educational
institutions, and world-class recreational and sports facilities - at costs much lower than in their own
Learn more about visiting and possibly living and retiring in Malaysia - one of the
best places to retire in the Asia:
Malaysia currency exchange (April 2012):
1.00 USD = 3.06511 MYR
US Dollar Malaysian Ringgit
1.00 EUR = 4.04221 MYR
Euro Malaysian Ringgit