The government's "Malaysia My Second Home Programme" encourages foreigners to retire in the country for ten years, which is renewable. It requires proof of a certain income level but then grants tax incentives, such as the ability to bring in a foreign car, which is normally heavily taxed, with no taxes.
The cost of living in Malaysia is cheaper than that of the United States. As of August 2010, one dollar is worth 3.14 Malaysian ringgit. An average three-bedroom apartment costs about $57,000, electric bills run $1,000 per year and telephone landlines run about $6 per month.
Combining Malay, Hindu and Chinese culture, Malaysia offers unspoiled tropical jungles, luxurious beach resorts and dense urban areas. Retirees gravitate to these areas to commune with nature, enjoy water sports or participate in cultural activities. English is commonly used though Malaysian is the national language.
