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What are the most challenging aspects of retiring in Malaysia?

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We asked retirees what they find the most challenging about retiring in Malaysia. They wrote...

"One of the most challenging aspects of retiring in Malaysia is finding and securing an adequate pension plan. Retirement planning in Malaysia is complex and often requires the help of knowledgeable financial advisors. Another challenge is acclimating to the climate and culture in Malaysia. Depending on where you are from, the tropical climate and cultural norms of Malaysia may take some getting used to. Finding a place to live that meets both your lifestyle and budget requirements is also an issue, as the cost of real estate and rental property can be expensive. Furthermore, understanding the laws, regulations, and taxation requirements related to investments, pensions and income can be complicated. Finally, access to healthcare can also be a challenge, as coverage can be sparse depending on your location and coverage options," said a member in Malaysia.

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"Not being able to travel as freely during the Covid pandemic. Sarawak was even shut of from the rest of Malaysia for over a year...which successfully kept the more severe forms of Covid at bay compared to other countries. Vaccination rates were very high here, they got teens and younger children fully vaccinated (and no...there were limited side effects in over 2.5 million population). Sadly events and indoor dining were put on hold for a time. But now that has swung 180ยบ and they are even having large outdoor festivals with no apparent increase in disease rates or upticks in serious illness. People do still mask indoors. The other major aspect of living abroad is staying engaged and not relaxing too much. So avoiding getting fat and unhealthy. I work hard to maintain a daily fitness regimen, and as the food is so good and diverse here, to limit portions," remarked another expat who made the move to Kuching, Malaysia.

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Other Questions:

What are the most challenging aspects of retiring in Malaysia?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

View of George Town, Penang, Malaysia

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