Retire In Malaysia?
What You Need To Know
Retire In Malaysia At Asia's Tropical Gateway!

Tired of dreary weather which is too cold or too hot? Concern about the safety of your home and family? Worried over rising costs of living? Love your own hometown, yet yearn for that tropical getaway?

You are not alone! Many people who has work hard all their life, is looking for a special place that they can call next to home upon their retirement.

However, choosing the best place to retire might be a daunting task, especially if you do not make a good preparation ahead.

If you do have a plan to retire one day, do you want to consider living in Malaysia?


It has a perpetual warm tropical climate, inviting shorelines of pure white sands and clear blue sea, friendly locals, choice of city living, highland retreats or seaside resorts, a variety of gastronomical delights to satiate even the most discerning of palates awaits, when you retire in Malaysia.

This is truly the place where you can retire early, comfortably and hassle free. We are not talking about living well but to live comfortably using just a fraction of your hard earn money.

Malaysia has a program called "Malaysia, my 2nd home" for people who want to retire in Malaysia. Undoubtedly, Malaysia has a lot to offer for foreigners who want to spend their life in a relaxed environment. Living in Malaysia means living in a tropical country and still have all the facilities of the western world too. The project is open to all citizens of countries recognized by Malaysia regardless of race, religion, gender or age. You are allowed to bring along your spouse and children as dependents (below 18 years old who is not married).

Why Malaysia is the best place to retire?

Malaysia, situated in the heart of Asia, has one of the highest standards of living, yet maintains cheap cost of living. It has a great climate, though the Malaysians probably would probably disagree, facilities are excellent, road are great, transport is cheap.

Some others reason, why people want to retire in Malaysia:
  • Superb healthcare facilities and highly-skilled medical practitioners. Yet medical expenses and insurance can be very cheap and affordable compare to other countries. If you visit government hospital, it will be very cheap and there are plenty of private hospitals for those who could afford it.
  • Blessed with warm moderate weather all year round. If you feel the heat is catching up to you, take a break at the hilly resort such as Penang hill, Genting Highland or Cameron Highland.
  • Big shopping centers that have international brand names as their tenants, as well as street malls that carry cheap local products.
  • Great education system. It also has many international schools to cater for expats children, and numerous colleges with affiliation with well-known overseas universities. 
  • Majorities of the people understand and speak English.
  • Strategic location which makes traveling to neighboring countries fast and easy. 
  • When retire in Malaysia, you can visit many interesting places, climbing mountains, caves exploration, beaches and more.
  • For golf enthusiasts, Malaysia has many championship-level golf courses, and very competitive golf membership rates.
  • A large variety of food, cooked in a lot of different styles that have been influenced by the various cultures that exist in the country (Malay's satay, Indian fish curry, Chinese's Dim Sum, Tomyam from Thailand, etc). In fact, most types of food in the region are available in Malaysia, and they are cheap too!
  • Low crime rate and highly efficient Royal Malaysian Police. Malaysia banned gun possession, so you don't hear much reported cases of shooting incident.
  • Cheap insurance rate as the people are not as litigious as in the West
  • Very friendly people.
  • Retain your citizenship and all its privileges in your own country. You can come and go as you wish. There is no restriction on your stay and traveling when you retire in Malaysia.
  • And the list goes on and on...

If you like to know what the typical expenses are when you retire in Malaysia, refer to the table below.

Expenses Cost (RM) Cost (USD)
Meal for a day RM20 USD6
2-bedroom apartment RM100K to RM150K USD30K to 36K
3-bedroom house  RM100K to RM200K USD30K to 45K
Bungalow (600sqft with land) Up to RM500K USD151K
Desktop computer RM2,000 USD606
Visit a doctor (with medication) RM30 USD9
*Based on the exchange rate of RM1 = USD3.33

Use the conversion tool below for the latest conversion rate & others currencies of your choice.





Retire in Malaysia Incentives

  • You will receive a 10-year Social Visit Pass and Multiple-Entry Visa.
  • After 10 years, it is guaranteed renewable if you didn’t violate the laws & rules of Malaysia.
  • During these 10 years, you are free to stay in Malaysia and travel as often as you like.
  • You can import your car or purchase a new car (CKD) tax-free. It is a great savings.
  • School going children will be giving student pass to further their studies at international colleges and universities.
  • Allow to employ a maid.
  • You can be an investor and own businesses in Malaysia.
  • For housing loan, you can obtain up to 80% as compared to normal 60% for foreign applicants (subject to credibility).
  • No need to obtain Foreign Investment Committee (FIC) approval for purchasing properties in Malaysia.
  • Oversea income is not taxable in Malaysia. Under this programme, for those countries that have a double taxation agreement with Malaysia, your private pension fund remitted to Malaysia is exempted from tax.
Things to note when you participate in the programme:

Aged Below 50 years old
You have to open a fixed deposit account of RM300,000. After one year you can withdraw up to RM150,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. You must maintain a minimum balance of RM150,000 from second year onwards and throughout stay in Malaysia under this program.

Aged 50 years and above

1) Open a fixed deposit account of RM150,000.
2) Show proof of monthly off-shore income of RM10,000, for example a pension scheme.
  • Only applicants who are drawing from Government Approved Funds can be considered for the   "Monthly off - Shore Income "criteria.
  • After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM50,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
  • You must maintain a minimum balance of RM100,000 from the second year onwards and throughout stay in Malaysia under this programme.
3) You may work up to 20 hours a week for a company in Malaysia subject to
approval. However if you set up your own company, you are allow to work in that company full time provided the company must have at least 30 percent local ownership. There are however few restrictions, you are not allowed to work while you stay here. And, obviously, you should not be involved in activities that are sensitive, illegal or a threat to Malaysia's people and the country. In a simpler terms, Malaysia My 2nd Home (MM2H) is a retirement programme. A place for you to relax and enjoy the natural tropical gateway in your golden age.

It is where you could retire in style; Live in a place -- Where You Truly Want To Live! &
most importantly -- Spend Less Money Doing It!

Think about it !!!