30 Of The Most Economical Places To Retire In The World

Malaysia

#23 Malaysia

Malaysia has been a popular retirement destination since the 1960s. It carries immense value for its old forests, tempting islands, and idyllic beaches.

Two people can live together for a cost as low as $1500 to $2500 per month in a place like Penang. Resident retirees can own real estate freehold with no inheritance tax or overseas income tax.

If you live like the locals, you can dine at a time for under $5 and receive healthcare affordable. People often travel to Malaysia, especially for otherwise expensive surgeries.

The connectivity and development of Malaysia are at par with the Western. The locals are curious and friendly too.

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