Penang, Malaysia – No taxes on income; long term visa availability; low cost of living; stable government and affordable health care in Penang, Malaysia are attracting MM2H retirees. Alter Domus is assisting foreigners to relocate in this peaceful tropical island.
Penang is a place, far away from the madding crowd where people want to relax and retire. The mesmerizing fusion of west and east influences the most of Penang. The island has managed to embrace contemporaneity while preserving its colonial traditions. Because of its well-retained heritage properties, Georgetown, the capital of Penang, has been listed in the UNESCO World Cultural Heritage site. Although, dominated by Chinese storefronts, one can find posh shopping complexes; redecorated Chinese manors, cafés, artsy boutiques and studios.
The place is ideal for retirees as it has easy, laid back lifestyle, soothing climate and white sandy beaches. Other factors that allures foreigners to invest here is Penang’s low cost of living as compared to Johor Bahru or Kuala Lumpur. A meal for two will cost around RM 5 only at food court. For a luxurious meal at a high-class restaurant, you have to afford RM50- 150 for two people. A family with 4 members can manage to stay by spending RM600/ month only. Excellent facilities and infrastructure such has advanced medical treatments; universities and schools are also present here. The proximity to major locations is the additional advantage. It is only 45 minutes from Kuala Lumpur International Airport (KLIA). Also, there are directs airplanes from Penang International Airport to Korea, Japan, Singapore and Bangkok. It is just 4 hours from the Genting Highlands Resort when travelled via road. Penang offers a good investment option as the rates are quite pocket-friendly and choices are many such as condos, resorts, bungalows and terraced houses adjacent to the sea.
Alter Dumas is offering solutions to its clients for problems related to relocation. From the very first stage of enquiry till the time you reside here, the licensed relocation consultancy firm is providing all-around assistance to ensure that your stay remains memorable and hassle free. They are, by far, the finest company that effectively carry out immigration works and specialize in Malaysia My Second Home (MM2H). They are the largest sponsor for MM2H in Penang and have been operating since 2001. So, contact Alter Dumas if you want to enquire about MM2H visa, apply for visa, passport endorsement, property related consultation and advices on cost-effective living.