There are many reasons to make Malaysia one of the best countries to retire, which include:
This programme is initiated, organised and launched by the Malaysian Government and is thus one that the Government will continuously seek to improve to ensure its success.
No language test or age limit. Maintain original citizenship, career, business, social welfare or your social relationship. No requirement to show proof on source of finance. No additional conditions for dependents.
All you need is to open a fixed deposit account of MYR300,000.00 (for 50 years old and above is MYR150,000.00) in a local bank.
You can stay as long as you like. It is a 10 years multiple-entry social visit pass and which is renewable.
Normal processing time is about 4 to 6 months, provided all documents are in order.
Malaysia is close to the equator with tropical weather throughout the year. You can enjoy your outdoor activities anytime, anywhere.
While Malay is the official language of the country, English is widely spoken. Other language like Chinese, Tamil and its dialects also have been used widely by the local communities.
Malaysia is a mix of the modern world and a developing nation with relative low cost of living especially on property, food, etc. Malaysia was ranked No. 6 in “2017 Global Retirement Index” by International Living Magazine.