Malaysia, a former British colony, conjures up all the mysteries of Asia and remains as colourful as ever. Its landscape is embroidered with tropical beaches, mountains, lush rainforest, and vividly green tea plantations. In the capital of Kuala Lumpur, you’ll find all the modern amenities associated with big-city life.
The country is home to foreign expats from around the globe as well as Malaysian Malays, Chinese Malays, Hindu Malays and Sikh Malays. Malaysia still holds on to traces of its British heritage and is probably the most liberal country in the Muslim world.
With great infrastructure, Malaysia places no limits on expats owning properties freehold—a rarity in the region. Expats also pay no inheritance tax and no tax on income repatriated from overseas.
Equities carry no capital gains either, and property sold in the fifth year will incur only 5% capital gains tax.
Malaysia has a fascinating history. The UNESCO heritage city of Malacca was conquered in 1511 by the Portuguese, and the first Englishman to set foot on a beach on the island of Penang (also UNESCO-listed) did so in 1593.
Kota Kinabalu Park, Malaysia’s first UNESCO heritage site, has more than 4,500 species of flora and fauna, including 326 birds and over 100 different mammals. It will literally take your breath away.
When you sprinkle the stunning beaches of Langkawi, Pangkor and Tioman Island into the mix, and then throw in unbeatable healthcare at super-low prices, you have a country like no other in Asia. The fact that most Malaysians also speak English is just an added bonus.