Part I: Five Benefits of Migrating to Malaysia
First, the economy
Malaysia has a well-developed economy and low prices. In the world's top economic rankings, the level of national income far more than China, but the price level is far lower than China. Consumption of life is cheaper than domestic, so the pressure of life in Malaysia is less, suitable for people living in the country.
Second, medical
If the body occasionally feel unwell, cold and flu headache fever this kind of, you can with the local people enjoy the same right to medical treatment. If you have a serious illness, you can enjoy the protection of medical insurance. The amount of reimbursement will depend on the amount of medical insurance purchased. There are as many as 32 medical universities in Malaysia, and the number of doctors graduating each year is quite large, and after a very strict examination, in addition, there are also under the United States, the United Kingdom and Australia and other developed countries of the medical school medical students, in pediatrics, oncology, gynecology and cardiology and other specialties are very good, and all specialties have to provide medical care.
Third, education
According to the requirements of each school, the applicant's children can be enrolled in the school by presenting relevant certificates. There are many international primary and secondary schools in Malaysia, and the main modes of education are Australian, British and American, and of course, there are also Chinese primary and secondary schools, which can be chosen according to the different requirements of the applicant.
The children of the second home status can choose to study in public schools and international schools, if you study in public schools in addition to learning English, Chinese, but also to learn Malay, the international schools do not need, if it is the elementary school can be read in public schools, the age of the adaptability of the younger, you can quickly master a few languages. Low-threshold access to the status of overseas Chinese, can be exempted from taxes, children's college entrance examination extra points, adoption of a second child and other special rights and interests. The first thing you need to do is to get your hands on some of the most popular products and services in the world, and then you can get your hands on some of the most popular products and services in the world.
Fourth, the climate
Malaysia is located near the equator, belonging to the tropical rainforest climate and tropical monsoon climate, there is no obvious distinction between the four seasons, the temperature difference is very small, the average temperature of 26-30 ℃ between the year-round rainfall, March-June and October to February is the rainy season. The average annual temperature in the mountainous areas of the interior is 22℃~28℃, and 25℃~30℃ in the coastal plain.
V. Retirement Paradise
Malaysia is the most livable country in Asia and a welcome country for immigrants. This is because of its friendly and gentle people, lower cost of living, excellent infrastructure, stunning natural environment, good investment climate and multiculturalism, and a high international standard of education and healthcare system.
The climate is pleasant and the air is clean, like a pure oxygen bar. There are no earthquakes, tsunamis, volcanoes, or other geological natural disasters.
Malaysia has been voted more than once as the third most desirable country to retire in the world and the first in Asia.
China and Malaysia have similar cultural backgrounds, and nearly 1/3 of the Chinese population is in Malaysia, where the Chinese language is quite popular, and is favored by many domestic retirees.
Part II: Cost of Living in Malaysia
I. Housing Costs for Malaysian Expats
Although Kuala Lumpur is the most expensive city in the country, housing is very inexpensive compared to North America. Compared to renting or owning a home in the United States, renting in Kuala Lumpur costs about 72% less.
A furnished 900-square-foot apartment in an expensive neighborhood costs about $764 per month. In cheaper areas, you'll pay just $443 a month.
A three-bedroom apartment in the city center costs about $1,030 a month. For two people a month, utilities (e.g. gas, heat, electricity) cost about $50.
II. Healthcare Costs for Expats in Malaysia
There is a public **** healthcare system in Malaysia, but most expats choose to take out private insurance and see a doctor at a private clinic.
A short visit to the doctor in Kuala Lumpur or Penang costs around $15. A box of antibiotics usually costs between $5.50 and $7.00 depending on where you buy them. A week's supply of cold medicine (e.g., Tylenol) costs about $4.13 in Kuala Lumpur and only $3.19 in Penang.
III. Transportation Costs in Malaysia
Although rental costs are higher in Kuala Lumpur than in Penang, transportation costs on the island tend to be higher. A 5-mile cab trip in Penang will cost you about $8, while the same cab ride in Kuala Lumpur will only cost you about $5.
Monthly passes for public ****transportation range from $27 to $30, while a liter of gasoline costs just $0.55.
For foreigners looking to buy a new car, you can expect to pay much more than you would in the United States. For example, in Malaysia, a Volkswagen Golf 1.4 TSI costs about $36,000. In the U.S., the same vehicle costs about $22,000.
Vehicles are costly and traffic can be heavy. These factors make public **** transportation the preferred method of travel for most foreigners.
Fourth, the cost of food and entertainment in Malaysia
When comparing the cost of food and entertainment throughout Malaysia, you will find that prices do not vary much. From the city of Kuala Lumpur to the island of Penang, food and entertainment prices are roughly the same. In general, prices in Penang tend to be about 10% lower than those in the city.
If you want to relax and have a beer at the end of a long workday, expect to pay $2.90 for a bottle of domestic beer purchased at the supermarket. For those who prefer to drink at a neighborhood bar, a pint of beer costs about $5. A cocktail at a downtown nightclub will cost about $8.
When it's dinner time, two people can enjoy dinner in an expat neighborhood for about $36. Two dinners at a neighborhood bar will cost you about $18. The country is also full of street food vendors where you can easily enjoy delicious local cuisine for under $4.
For expats looking to stay healthy and fit at the gym, you can expect to pay $35 per month for a health club membership for one adult.
V. Cost of Living in Malaysia
Even if you choose to live in the most expensive cities, the cost of living in Malaysia is very low. This makes it ideal for many expatriates, especially retirees who want to keep their expenses to a minimum.
The cost of housing is quite low, while the overall cost of living is about 43% cheaper. For retirees looking to expand their savings, Malaysia is a destination to consider.
Expanded Reading: Investment Policies for Malaysian Immigrants
Malaysia encourages foreign and local investors to invest in Malaysia's manufacturing, agriculture, tourism and hotel services, environmental protection, scientific and technological research and development, technology training and transfer, etc., and accordingly gives relevant tax incentives.
1. Emerging Industries
Malaysia will be the country's urgent and priority development of the manufacturing industry as "emerging industries", and later on, the agricultural and service industries within the priority development of the industry is also included in the scope of "emerging industries". For the inclusion of "new industries" within the scope of foreign investment projects, Malaysia to give preferential incentives in terms of taxation, land and work permits.
2, high-tech industry
Malaysia will be used in Malaysia's local research and development annual expenditure of more than 1% of its sales, the number of scientific and technological staff accounted for more than 7% of the total number of employees, and technical personnel have formal college diplomas and degrees, more than five years in the relevant industry, engaged in the production and development of high-tech products as high-tech enterprises.
3, strategic projects
Malaysia will invest large amounts of money, long payback period, high technology, the development of the Malaysian economy has a significant impact on the relevance of the industry as a strategic project.
4. Research and Development (R&D) Projects
Malaysia encourages foreign companies to set up R&D centers in Malaysia (including the establishment of R&D departments within companies) to provide R&D services to Malaysian domestic enterprises.
5. Technology Transfer and Training Programs
Malaysia encourages foreign investors to transfer technology and provide technical training to local employees in Malaysia.
6. Information and Communication
This mainly refers to the encouragement of foreign investors to engage in the development and upgrading of computer software, the production of information and communication products and technology development.
7, environmental protection projects
The Malaysian government encourages foreigners to engage in reforestation, storage, treatment and removal of toxic and hazardous wastes, energy conservation, industrial and agricultural and domestic garbage and waste treatment and reuse industries.
8, shipping and transportation
The Malaysian government encourages foreigners to engage in maritime transportation and container road transport, etc., to improve the current situation of logistics in Malaysia.
9, integrated agricultural development
Including arable land and food variety improvement, farmland irrigation, drainage and construction of roads and bridges, livestock and aquaculture, marine fishing.
10, tourism and exhibition industry
Encourage foreigners to set up tourism companies in Malaysia to attract foreign tourists to Malaysia, encourage foreigners to develop eco and agro-tourism, engage in the construction of hotels and vacation and leisure facilities and the construction and maintenance of luxury yachts, etc., and encourage foreigners to engage in professional and comprehensive exhibitions and the organization of international conferences in Malaysia.
11. Establishment of Regional Headquarters and International Sourcing Centers
Foreign investors are encouraged to set up regional headquarters in Malaysia to provide services to offices and companies within and outside the country, and sourcing centers in Malaysia to procure and sell raw materials, components and manufactured goods for their parent companies and domestic affiliates in Malaysia.