OK, Malaysia used to be where sanity and Southeast Asia came
together, but recent terrorist activities have left the country a
bit too dangerous for expats in my opinion.
Despite that, there's a thriving economy and foreigners are not
(usually) cursed, shunned, or stoned by the locals.
Recent changes in the law have made it possible for foreigners to
purchase real estate in Malaysia, but there is a bit of red tape
and some hoops to jump through.
Speaking of hoops, the government frowns on drug and serious
alcohol offenses here and that hoop you're jumping through just
might be a noose around your neck. So play it straight when
you're in town. Caining is still in favor here too, so don't get
too froggy.
On the bright side, your pension money is tax-free as long as it
comes from outside of the country. You'll be required to pay
domestic income tax on anything you earn inside of the country
whether from employment or investment. Offshore interest is tax
free, however, so do what you think is best.
Here's an interesting note straight from the government's
official web site:
"The "Malaysia, My Second Home" program welcomes "foreign
nationals (except Israel, Yugoslavia, Serbia and Montenegro) to
stay in Malaysia on a long term Social Visit Pass under the
"Malaysia - My Second Home Programme". Duration of stay is for a
period of five(5) years with a Multiple Entry Visa."
Laos for Retirement - Living in Laos
Malaysia for Retirement - Living in Malaysia
New Zealand for Retirement - Living in New Zealand
Philippines for Retirement - Living in Philippines
Singapore for Retirement - Living in Singapore
Thailand for Retirement - Living in Thailand
Vietnam for Retirement - Living in Vietnam
