Expatriates from across the Western world flock to Malaysia to retire.
According to the 2015 Global Retirement Index, Malaysia has taken fourth place out of the 84 countries ranked as the world’s top retirement havens. Expatriates from America, Australia, New Zealand and countries all across Europe are choosing Malaysia as their home once reaching retirement.
The Malaysia My Second Home (MM2H) programme offers an attractive 10 year, renewable and multiple entry visa to qualified applicants, which makes retiring in Malaysia that much easier for expatriates. Not to mention, the other benefits of the programme that include permission to purchase property, a state ID card allowing expatriates to pass Malaysian immigration as a resident rather than a foreign national, education and tax perks, and the option to work part time.
Expatriates can bring their retirement income into Malaysia and once converted into Malaysia Ringgit will see its value triple. Coupled with Malaysia’s low cost of living, expatriates relish in a higher quality of life living very comfortably on only RM 6,000 per month (roughly USD 1,500).
It’s not just Malaysia’s MM2H visa programme and low cost of living that attracts expatriates, the country also offers natural, green surroundings and vibrant local cultures. The beaches have been ranked among some of the top in the world, and can be enjoyed during all of the comfortable four seasons offered by Malaysia’s tropical climate. With easy transportation access on Malaysia’s high-speed rail options, travelers can also visit a number of UNESCO heritage sites whilst enjoying Malaysia’s rolling mountains.
Interested in becoming an MM2H participant? Visit www.mm2h.gov.my for more information and get on your way to living in beautiful Malaysia!
