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Thursday 14 September 2017

Surprise winner of Australian retirement destination survey

A new survey has produced a surprise winner as the best retirement destination for Australians. 

Malaysia topped the 2018 Global Retirement Rankings released by global publication

Kuala Lumpur
The rankings compare and contrast the world's best retirement havens across 10 categories.

Malaysia scored strongly across the board, performing well in the cost of living and healthcare categories and topping the categories visas and residence, healthy lifestyle, ease of fitting in and entertainment and amenities.

"We have more of a social life here than we ever did back home; here everyone is always out and about, it's easy to meet up with people," says expat Cyndy Fenner-Smith who retired from Sydney to Penang with her husband Mick.

Georgetown, Penang 
A high-rise apartment that looks and feels like high-end Sydney costs less than a house to rent in Dubbo and everything from eating out to travelling around is a fraction of the cost of the similar activity in Australia.

Not only are people friendly and helpful but expats can talk to them in English-a legacy of a time when Malaysia was part of the empire, the report found.

The healthcare system is so good and affordable it attracts over a million medical tourists a year. 

Malaysia is currently home to around 200,000 expats. 

"I honestly can't think of a retirement haven I've visited that offers you so much ease, convenience and comfort; and I definitely can't think of another place that offers it at such a low price," says IL executive editor Eoin Bassett.

An in-depth explanation of Malaysia standing in the ranks of the IL Australia's 2018 Global Retirement Rankings, the six other best retirement havens in the world, and information on how the rankings are compiled is available at: Best Places for Australians to Retire (

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