Malaysia is known for its stunning beaches, lush rainforests and vibrant cultural heritage. It's not for nothing that it's become a popular destination for expats, whether (early) retirees looking to spend their golden years in an equatorial sanctuary or full-time employees seeking a new adventure. Malaysia offers expats numerous awesome benefits, such as a very low cost of living, thanks, in part, to the great Malaysia Ringgit conversion rates, superb weather and delicious food. Of course, there are some downsides too...

Live the Life

Low Cost of Living: Malaysia has a very low cost of living compared to the European countries, making it an attractive destination for expats from this part of the world. Accommodation, food, transportation and healthcare are all very affordable in Malaysia, allowing retirees or full-time employees to live a luxurious lifestyle, with, potentially, country club membership, a domestic helper and a spacious home, such as a condo or even a landed house.

Great Currency Conversion Rates: The Malaysian ringgit (MYR) is the official currency of Malaysia and its exchange rate is very favorable to many other major currencies such as the US dollar, Pound Sterling and Euro. This means that as a result of this economic arbitrage, citizens from these countries can enjoy a considerably higher standard of living in Malaysia than back home.

Lovely Weather: Malaysia has a tropical climate with year-round sunshine and balmy temperatures. This makes it an ideal destination for those who enjoy summer and outdoor activities, such as swimming, hiking, sailing and golf.

Delicious Food: Malaysia is known for its diverse cuisine, with influences from Malay, Chinese, Indian and European traditions. From hawker stalls selling street food to high-end restaurants offering fine dining experiences, the Malaysia food scene has all the basis covered.

Quality Healthcare: Malaysia offers a modern healthcare system that provides high-quality medical care at a fraction of the cost of the Euro countries, for instance. A good proportion of doctors and medical professionals are trained in the UK or US and speak English fluently, making it easy for expats to communicate their healthcare needs.

So What's the Catch?

There's no catch actually, but, yes, there are some minor quirks to keep in the back of your head.

Language Barrier: While most Malaysians speak English, the official language of Malaysia is Malay. Expats who don't speak Malay may find it challenging to communicate in certain situations, such as dealing with your car mechanic, or in rural areas where English isn't as widely spoken.

Traffic: Like many other cities in Southeast Asia, traffic can be a bit of an issue in Malaysia's inner cities. Retirees or full-time employees who plan to drive should be prepared for slowish commutes. Public transport, however, is generally excellent, as, on the whole, is Malaysia's infrastructure as it happens.

Expensive goodies: Typically western favorites like cheese, milk, chocolate, as well as pork and alcohol can be a little on the pricey side in Malaysia. Nothing major, but something to keep in mind.

Final Words

Overall, Malaysia is a fantasitc destination for expats looking for a low-cost, high-quality lifestyle in a beautiful tropical setting. Best part? With the MM2H - Malaysia My Second Home visa, you're entitled to a long-term social pass that offers a ton of benefits, including free entry and exit at will for at least 10 years and 100% tax-free offshore income.

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