Malaysia is ASEAN’s retirement hot spot

retirementInternational Living magazine has put together a list of top retirement destinations around the world based on several factors such as cost of living, real estate prices and healthcare systems. According tot he list, Malaysia is the most popular retirement destination in Southeast Asia and ranks third globally behind Ecuador and Panama. Within ASEAN, Thailand ranks second and the Philippines third.

“Malaysia is turning into a heaven for senior citizens from all around the world who are looking for a place where living standards are good but also the cost to it remains affordable,” the magazine concluded.

Malaysia started to look at luring over 50-year old visitors under a scheme named “Silver Hair Programme”. In 2002, the programme was revamped to become the very successful ‘Malaysia My Second Home’ or ‘MM2H’. Since the scheme started officially in 2002, over 23,000 retires have been seduced by Malaysia. But not only retirees. They are also a large number of immigrated younger groups of expats from who now look at settling in Malaysia as the country is becoming increasingly sophisticated and easy to live in.

According to data from MM2H, the most popular destinations are Kuala Lumpur, Penang, Langkawi, Ipoh, Malacca, Kota Kinabalu and Johor Bahru. The speed-up development of the Iskandar Region in Johor Bahru, just a few kilometers away from Singapore, is also stimulating retirees demand.

retirement table



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Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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International Living magazine has put together a list of top retirement destinations around the world based on several factors such as cost of living, real estate prices and healthcare systems. According tot he list, Malaysia is the most popular retirement destination in Southeast Asia and ranks third globally behind Ecuador and Panama. Within ASEAN, Thailand ranks second and the Philippines third. "Malaysia is turning into a heaven for senior citizens from all around the world who are looking for a place where living standards are good but also the cost to it remains affordable," the magazine concluded. Malaysia started to...

retirementInternational Living magazine has put together a list of top retirement destinations around the world based on several factors such as cost of living, real estate prices and healthcare systems. According tot he list, Malaysia is the most popular retirement destination in Southeast Asia and ranks third globally behind Ecuador and Panama. Within ASEAN, Thailand ranks second and the Philippines third.

“Malaysia is turning into a heaven for senior citizens from all around the world who are looking for a place where living standards are good but also the cost to it remains affordable,” the magazine concluded.

Malaysia started to look at luring over 50-year old visitors under a scheme named “Silver Hair Programme”. In 2002, the programme was revamped to become the very successful ‘Malaysia My Second Home’ or ‘MM2H’. Since the scheme started officially in 2002, over 23,000 retires have been seduced by Malaysia. But not only retirees. They are also a large number of immigrated younger groups of expats from who now look at settling in Malaysia as the country is becoming increasingly sophisticated and easy to live in.

According to data from MM2H, the most popular destinations are Kuala Lumpur, Penang, Langkawi, Ipoh, Malacca, Kota Kinabalu and Johor Bahru. The speed-up development of the Iskandar Region in Johor Bahru, just a few kilometers away from Singapore, is also stimulating retirees demand.

retirement table



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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