retirement

Buying property abroad for retirement

Malaysia

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.

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.32%  0.05 4.27%
15 year fixed, 0 point 3.29%  0.02 3.27%
5/1 ARM 3.34%  0.13 3.47%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.38%  0.09 4.47%
50K FICO-based HELOC 4.11%  0.06 4.17%
100K FICO-based HELOC 3.96%  0.03 3.93%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.63%  0.10 2.73%
48 month used car loan 2.90%  0.07 2.97%
60 month new car loan 3.18%  0.04 3.22%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.90%  0.01 0.91%
2 Year CD 1.09% --0.01 1.08%
5 Year CD 1.74% --0.00 1.74%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.66%  0.01 15.67%
Cash Back Cards 16.36%  0.03 16.33%
Low Interest Cards 10.87% --0.00 10.87%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

Ideas for ‘giving while living’

Consider these two ways to leverage your wealth to help your heirs while you're still around.  ... Read more

advertisement
Partner Center
advertisement

Connect with us