Friday, March 16, 2012

Want To Retire in Malaysia? I Can Help.

A couple of days ago I received an email from an expat site I had never heard of before, offering me assistance in doing my US income taxes and getting affordable health insurance abroad. Usually I automatically delete these annoying emails, but I was a bit curious to see what they were offering.

First of all the income tax service they were promoting to US expats was offered by one of their "affiliates". I checked this out and found that if I availed myself of their services I would be paying them more for their services than what I would be paying in taxes. Not such a great deal since I file my taxes for free. In regards to the health insurance, this was also offered by another of their "affiliates" and once again was not a great deal. The costs were quite exorbitant and offered much more coverage than what is needed here.

I looked over the rest of the information on the site and saw that just about every area of the world was covered, in regards to information for expats. I did manage to find Malaysia, but it basically dealt with Kuala Lumpur and no other areas of Malaysia. When I clicked on the link to Malaysian expats  I was lead to an area where I could learn all about retiring in Malaysia, as long as I bought a book or a video to learn how.  Then there was one area where I could actually read about expats experiences in living in Malaysia. I clicked on it but was informed that I had to join the site and pay quite a bit of money to read these stories. Amazing.

When I moved to Penang I didn't have to pay for any information and I don't think anyone else should have to pay either. Instead of wasting my money by giving it to some unscrupulous so called experts on living abroad, I simply asked for information from real people who actually retired in Malaysia. If any of my readers are thinking of retiring in Malaysia please contact me. I have made a whopping $13 by offering Adsense advertising on this site, so I don't use it as a profit making site. I will give you the information or lead you to where you can get it. All for free.
 I recently wrote a guest post for a site that I find quite useful and and may be of interest to people thinking about traveling or retiring in Malaysia. As rated by Tnoos, CheaOair is one of the top five most popular online travel brands in the US, It offers discount airfare deals, hotel packages and car rental services all over the world.

9 comments:

  1. Thank you for posting very useful info on your blog. It is helpful and pertains to real living in Penang. Like many Asian countries water can be an issue. Some Q: a) Is bottled water the only way to go while living there for daily use and is it safe to drink? b) Is weather stays warm/humid throughout the year or there is some change in seasons in a year? c) Is car essential to move around or Public buses frequency is high enough to move from place A to B? d) Any idea what the rents are for a 1/2 bedroom codo/townhouse in a reasonable safe area/neighborhoods?

    Thank you for your help.

    Vin

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  2. Thank you for your questions. Regarding water it is safe to drink the water here from the tap. I uses a filter though just to filter our the fine sand particles. To me the weather is about the same all year round, except for the rainy seasn, which just ended. The locals can tell the difference between the seasons, but I can't. In my area you can rent a 3 br condo for RM2000 and up, that's about $650USD and up. This would include a pool, gym and other facilities in most of the higher end condos with a sq. footage of around 1000 sq. ft. The bigger the place the more expensive it is.

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  3. Thank you very much. The rent seems reasonable and does this include utilities? it seems that electric rates are quite high in Penang. Is it best to enquire about rent directly from the owner or thru word of mouth lead or better to go thru an agency to take care of the rental agreements etc Just wondering.

    Regards


    Vin

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  4. Sometimes utilities are included in the rent and sometimes not. Electricity is not that high, if you don't have A/C on constantly or are using the dryer every day. Water is about $1.65 per month. If you cook every day you will buy bottled gas, which is real cheap. Most people, however, eat out for most of their meals. Regarding rentals, word of mouth works pretty good or you can through an agency or the condo management. You can also check out www.apartment-penang.com or penangproperties.com
    I can give you more information when you are here or close to coming here.

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  5. Many thanks for the info. I will certainly keep that in mind when I plan to visit Penang.

    Regards


    Vin

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  6. Hi. As to quality of living, all things considered, would you say Penang is a better place to live inexpensively than KL?
    Thamks from an American retiree on a budget.

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  7. Hi Easyduzzit.
    I think Penang is a little bit more expensive than KL, according to the locals. I like KL, but find it is too big. For me Penang is more relaxing and easier to get around. I think Penang would fit comfortably into a retirement budget.

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  8. Hi

    I am loooking at retiring oversaes on a limited budget and Malaysia sounds great.

    What are the requirements for living/retiring there.

    Thanks

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  9. Hi Carl Here is the government site to go to, which explains the requirements: http://www.mm2h.gov.my/

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