Malaysia named among world’s best retirement destinations

KUALA LUMPUR, Malaysia (MNTV) — Malaysia has been ranked the seventh-best country in the world for retirement in 2025, according to International Living’s Annual Global Retirement Index, Free Malaysia Today reports. 

The ranking evaluates the best places for foreign retirees based on factors such as cost of living, healthcare, climate, and visa options.  

Malaysia and Thailand were the only Southeast Asian countries to make the top 10, with Thailand securing the 10th spot. 

One of Malaysia’s strongest advantages for retirees is its low cost of living, especially compared to Western countries. 

In Kuala Lumpur, rental costs are significantly lower than in major Western cities, with a one-bedroom apartment costing between $300 and $500 per month, while monthly utilities range from $40 to $60.

For retirees who prefer a more laid-back lifestyle, Penang and Malacca were also highlighted as excellent retirement destinations. These cities offer lower living costs and a slower pace of life. 

Malaysia’s long-term visa options, particularly the Malaysia My Second Home (MM2H) programme, were cited as another major advantage for retirees. MM2H offers foreigners long-term residency with various financial and property investment benefits, making it an attractive option for those looking to settle in the country.

The programme allows eligible applicants to stay in Malaysia for up to 10 years with multiple-entry benefits.

Panama took the top spot, followed by Portugal, Costa Rica, Mexico, France, and Spain. Other countries in the top 10 included Greece and Italy, reflecting a mix of affordability, quality of life, and visa accessibility.