My parents have often talked about retirement in Malaysia.
Think living in a landed property, eating good food that’s close to home, cycling and exploring nature as you enjoy the good life…
And they aren’t wrong with Malaysia being the third-best country in Southeast Asia to retire in, according to International Living.
The best part?
You can retire in Malaysia and live a pretty comfortable life on just S$2,000 a month!
So if you’re considering retirement in Malaysia, here’s all you need to know!
TL;DR: Retirement in Malaysia
To retire in Malaysia, you’ll need to successfully apply for the Malaysia My Second Home programme which requires at least RM1.5 million (S$474,911) in liquid assets if you are above 50 years old.
For a comfortable retirement from 65 to 85 years old, expect to save at least S$700,000 to S$1.1 million after accounting for inflation....