COST OF LIVING

Malaysia rain levelKuala Lumpur TowerKota Kinabalucost of living

Malaysia is a low-cost country to live in and if you are on a pension from a developed country you will find that it offers a much better standard of living here than in your own country. Since remittances from abroad are not taxed it makes the programme even more attractive, if your funds are not taxed at source. The two most complained about expensive items in Malaysia are alcoholic beverages and motor vehicles. Fortunately, restaurant prices are generally low so this can offset the higher cost of alcoholic beverages and many places offer extended happy hours and sales discount if you look out for them. Applicants under this programme can bring in one car free of import duty, sales tax and excise duty or buy a new car here without these taxes. Prices for houses and apartments are quite reasonable if you stay outside of central KL and it is possible to buy a nice house with a pool if you are willing to spend a little more.

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