We all know about the freezing European winters and it is no surprise that the majority of retired people flee the cold climate, preferring ...
Attracting foreign investment
The Malaysian government has an attractive program for foreigners who wish to relocate; the MM2H program offers many attractive incentives that include multiple long-term visas and tax concessions. Any profit you make from the sale of your real estate asset is non-taxable, which is a great reason to buy real estate in Malaysia. Take the stunning properties at Megan Avenue 1 as an example, luxury housing at affordable prices and by contacting a leading real estate agent, you can view homes that are in your budget.
Great climate
Malaysia enjoys a tropical climate and that is ideal for western retired folks who no longer wish to brave sub-zero temperatures; in the months from October to February are pleasant with temperatures around 18-25°C, while summer is from April to July with slightly warmer weather.
Stable government and strong economy
Malaysia has a stable government and a strong economy, which is another compelling reason to choose this southeast Asian nation to buy a retirement home. A nation that welcomes foreign investment offers many attractive incentives and from all the countries in this region, Malaysia is the most popular.
Home loans
It is possible to secure a home loan to acquire real estate in Malaysia; talk to a leading real estate agent as they have working associations with major lenders. The agency also has a team of in-house real estate lawyers to assist you in your acquisition. Click here for tips when buying your first home.
6 month stays
The majority of western retirees spend roughly 6 months in their home country and 6 months in Malaysia; if you live in the UK, for example, you can enjoy a nice summer at home and in October, fly out to your second home in the sun and return home in April or May, when the weather is warming up.
Long-term visas for you and your family
When you purchase a property in Malaysia, you and your family are eligible for long-term visas, which means you can literally come and go as you please. It can be difficult to obtain long-term visas in countries such as Thailand, whereas Malaysia encourages foreigners to invest in their country.
To summarise, the best country in Southeast Asia to buy a retirement home is definitely Malaysia and if you would like to view a range of luxury homes in all regions of the country, search online for a top real estate agency.
