Here are some of the reasons why many foreigners have chosen Malaysia as their second home:
It is nice and warm throughout the year. There is rain but no natural disasters like typhoons, hurricanes, tornadoes, volcanoes or earthquakes.
COST OF LIVING
Living standard is reasonably high, but the cost is low. In Penang, a monthly expenditure of RM4000 is enough for two. With its low cost of living, it is tagged as the best place to retire in Malaysia. You are assured of enjoying a good life here.
Malaysians welcome foreigners. English is widely used here. The local people have no qualms about mixing with foreigners and cultural exchanges happen all the time. Foreigners are accepted into their community and are part of it.
ECONOMIC & POLITICAL STABILITY
Malaysia has a stable government. There should not be any worries about political uncertainties. Malaysians abhor violence. Economic growth is expected to continue in the foreseeable future.
NATURE / CULTURE
Malaysia has one of the finest forests in the world. There are so many places to visit that you will never to able to visit all of them. Malaysia (especially Penang and Malacca) is rich in culture which dates back to 1700s.
With a favourable exchange rate, Malaysia (especially Kuala Lumpur and Penang) is a shoppers' paradise. Bargains are everywhere.
Malaysia is the only country in South East Asia that allows foreigners to own properties (with land) without having to go through complicated purchase through proxies or companies. Foreigners have the same rights as locals when it comes to properties and the title will be under your name. The tenure of the land can be leasehold or freehold. This is one of the main reasons why foreigners prefer to retire in Malaysia.
On the whole, the road system within the country is good. The highways are well maintained. Airports are available at major cities. Communication infrastructure is good. Mobile phones services are cheap and easily available. Medical facilities and healthcare services are one of the best in the world.
SPORTING / OUTDOOR EVENTS
Every March, Formula 1 racing starts off the grids in Sepang. Malaysia hosts lots of international sporting events. Golf courses are plentiful and affordable. Places and facilities for diving can be found at many parts of Malaysia.
Malaysia is well known for its food. Local and foreign food is easily obtainable. Penang is famous for its hawker fare which is cheap and tasty. Tourists and expatriates love the food here. It is full of flavour and rich in taste.
Malaysia is situated in the middle of South East Asia. It is just hours away from Thailand, India, Sri Lanka, Australia, Japan, China, Vietnam and other countries. Penang is just 45 minutes by air to KL International Airport. It is the perfect place to stay with easy access to the world. Make Penang your hub to your travels to Asia.
It is always good to have a long term visa to another country. You may never know when you need it. Furthermore, pension plans in developed countries like in Europe or North America are facing problems and the payout may shrink. Stay and retirement in Malaysia is the only way to maintain a good lifestyle.