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Is Malaysia for me?

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Rish
11/14/2013 11:38 EST

I am arriving in Malaysia in December to see if this country is ideal to take an early retirement, I'm 50.

Would be grateful if someone could help me assess the cost of living in KL or close by.

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lynne05elmo29
11/14/2013 13:06 EST

Hello Rish,

My wife and I are also relocating to Malaysia early 2014 and we have done extensive research on this very subject and met with the embassy personal as well. We have made the decision to relocate to Seremban Malaysia; this city is located east of the Kuala Lumpur airport and south of Kuala Lumpur. Not sure where you are relocating from but the US exchange rate is $1 US = 3.1 MYR (Ringgit)

Click here for the guide to cost of items in Malaysia:
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Malaysia

Click here to see the exchange rate for your money:
http://coinmill.com/MYR_calculator.html#MYR=1
http://www.bnm.gov.my/index.php?tpl=exchangerates
http://www.x-rates.com/table/?from=MYR

I hope this helps
Elmo

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Ebinger
11/15/2013 08:15 EST

Hi Rish,

According to International Living (an American publication) Malaysia is the 3rd best country in the world to retire. They listed all the reasons so there is no need to repeat them, but it is amazing that Malaysia being so far from US was rated third.

Since it is already by fact one of the best destinations to retire it depends on you if you like it. Moving to another country especially with different cultures one would need to be open minded and tolerant. It will not be as it used to be back home. Many talk about a culture shock but one can only get a shock if something happened you have not been prepared for.

Visiting a country and learn about it is the best way to find out if you like it. Just recently I met a British couple who also intends to retire in Malaysia. They rented a car drove three weeks through Malaysia to find the place where to erect their base camp for further research. They decided that Penang would be the place they want to settle and I helped them to find a small apartment for one year. Their idea is to come here as often as possible and find out how daily life works in Penang and that’s why they don’t want to stay in a hotel during their visits.

I live here now for more than 20 years, but before settling I have been many times in Malaysia. Actually I also rented a car, drove down the east and up the west coast with detours to KL and Cameron Highlands and learnt that Penang is the place I want to stay – and never regretted.

If you have any detailed further questions don’t hesitate…

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Rish
11/15/2013 12:23 EST

Hi Elmo

Thank you so much for your response. You have provided very useful information.

I did a quick search on Seremban, it looks good and not far from KL. Where would I get info on cost of renting a place there.

I am currently in London and will be visiting Malaysia in December, hoping to travel around and do some investigation.

Good luck with your move!
Thank you once again.
Rish.

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Rish
11/15/2013 13:04 EST

Hi Ebinger,

Thank you very much for your tips, very useful. I have been to Malaysia a couple of times recetly, visiting Langkawi, Malacca, KL but not Penang. I believe a lot of people from UK live there. I plan to go there this time.

If I plan to be in Malaysia for about a month, travelling around, is it best to hire a car or use local transport system?

Many Thanks
Rish

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rjobiz
11/15/2013 20:20 EST

Can you please give me some idea what a monthly budget might be (in U.S. dollars) for a single person renting an average 1BR apartment, living simply, ideally away from the BIG cities, and somewhere not too far from the water?
Many thanks.
RJ

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Ebinger
11/16/2013 02:32 EST

Hi Rish,

It depends a bit how adventures you are. For sure the traffic flows a bit different here. But if you are patient and get used to the bikes overtaking on both sides you should do fine.

I think you will see more by driving yourself and explore where not only buses or trains go to. Especially if you come to Penang it might be interesting to drive around the island - just try to get a car with a Navi.

If you want we can meet when you are here. I’ll sent you a PM with my contact.

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Ebinger
11/16/2013 03:13 EST

Hi Rjobiz

The question can’t be how much is the cheapest rent in Malaysia, but if the Malaysian Government will allow you to settle here under the MM2H Program. You will need to prove that you have a monthly income of RM 10,000 and also have to open a fixed deposit account of RM 150,000 with a Malaysian bank (don’t ask me to convert that for you). If you fulfill both requirements you can live wherever you want in Malaysia. Not too far from water...every dwelling in Malaysia has running water in drinking quality (if you pay the bill of appr. RM 5 a month).

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rjobiz
11/16/2013 09:24 EST

Thanks Eb:
Looks like Malaysia will be out of my reach. Back to Thailand I guess...

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rogerjohn
12/4/2013 01:21 EST

Hi Rish, welcome to Malaysia!

Penang is more laid back than KL. Its offers easier to access to Thailand/Vietnam.

KL is the capital city of Malaysia, hence the costs of living in KL would be comparatively higher than other states in Malaysia.

Melaka/Johor is near to Singapore

Do take the time to visit these places before deciding where you would like to spend your retired life at.

Northern: Penang
Central: KL
Southern: Melaka/Johor

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Rish
12/4/2013 02:32 EST

Hi Roger

Thanks for your helpful email, yes I am in KLand meeting up with a couple of local residents this week to get an idea of this city. I planning to be in Penang during the weekend and hope to meet up with some expats living there.

I think I have brought the English weather with me to KL but I didn't bring my umberella sadly.

Thanks and regards
Rish

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rogerjohn
12/6/2013 00:47 EST

It is the monsoon season in Malaysia. But the only thing you need to worry in Malaysia is definitely not the weather.

Its either rain or shine :-)

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rjobiz
1/22/2014 14:05 EST

Hi Again EB:
I have done the math and I don't think I will qualify for the Government MM2H Program. As far as you know is this the only option, or is there some other visa program that will allow you to stay there without the same cash resources?
Mucho thanx!
RJ

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Ebinger
2/2/2014 01:02 EST

Hi RJ
Sorry for the late reply – been busy.
As far as I know there is no other legal way except finding a job. The risky way is coming in as a tourist and leave the country every 3 months. But it might happen that if immigration notices that you are doing too many “visa runs” they might shorten your visa to 2 weeks.

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rjobiz
2/2/2014 11:38 EST

Many thanks. With my modest means it seems Malaysia will be out of my reach. This allows me to turn my attention to countries that I can afford. Thanks again.
RJ

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Ebinger
2/2/2014 13:08 EST

Maybe you should check out the Philippines. As far as I know they issue live long visas for retirees and the requirements are not as demanding as Malaysia. Good luck and look for a Typhoon free area ;-)

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Ebinger
2/2/2014 13:09 EST

Maybe you should check out the Philippines. As far as I know they issue live long visas for retirees and the requirements are not as demanding as Malaysia. Good luck and look for a Typhoon free area

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rjobiz
2/2/2014 15:06 EST

Thanks for the suggestion but I have not been impressed by my research into the Philippines. As much as I would prefer not to, I will have to turn my attention to Central America.
Thanks again.

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