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
advertisement
advertisement

Blog

Jill Cornfield

The Republican health care plan is out. Should you worry?

After years of hating on the Affordable Care Act and vowing to repeal it, the Republicans are finally getting their wish. House Republicans released long-awaited legislation to replace it on Monday, and now the bills head to committees so they can have a field day marking them up. Keep in mind, this is all still  ... Read more

advertisement

Connect with us