MALAYSIA REVIEWS


Malaysia Map

2015:



OVERVIEW:

Often touted as Asia’s Panama, Malaysia has low living costs, retirement benefits, and quality healthcare that are much like the country’s Central American competitors. It’s also safer.

Malaysia’s government has declared the nation to be on track to become a “first world” country by 2020.

The Malaysia My Second Home (MM2H) program offers retirement incentives such as long-term residency status (usually a 10 year ‘Multi-Entry Social Visit Pass’) and breaks on car imports and purchases. Applicants must meet strict financial requirements:

  • Either in terms of lump sum capital assets
  • Or guaranteed monthly income (from something like a State Pension)

But, for most, such requirements are easily met.

The Social Visit Pass is initially for a period of ten (10) years, and is renewable.

Access to health care: Foreigners routinely travel to Malaysia for affordable, quality medical and dental services.

Penang: British colonialism on the cheap. Over the past decade 20,000 foreigners have taken advantage of MM2H and settled in Penang.


GRANDPAcking RETIREMENT LOCATIONS:

There are multiple GRANDPAcking Retirement Locations in Malaysia.

I can recommend Langkawi and Penang but, if you look around, you will find many others.

By all means have a look at Sarawak and Sabah – but I didn’t see anything to suggest that there was a Retirement Location to be found there.


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