Buying property abroad for retirement
Unbelievably low home prices await the adventurous in Malaysia. In addition to offering easy-to-get retirement visas, Malaysia also boasts high-quality medical care and low living costs. "In a beach town, a couple could live on $1,000 per month and spend maybe $50,000 on a large home," Peddicord says.
The low cost is a perk, but culture shock is difficult to avoid. "(Many) Malaysians speak good English, but it's far from America and the culture is very different. It's best to visit for a long period before deciding to retire there," says Prescher.