Top 4 Countries to Retire in Asia for Western Men
I understand that it took you a while to make the decision to retire overseas. You’ve lived your whole life in the U.S. and you just want to try something new in your golden years. The main question right now is where to go.
I’ll try to make things simple for you.
Most Western men are considering retiring overseas because they want to live comfortably, something they may not be able to do in the United States with their retirement fund alone. More and more retirees and expats are transferring to the Asian continent in their old age.
Here is a list of the top five countries that are popular among expats retirees:
1. Malaysia
Malaysians are very welcoming to foreign retirees. As one of Asia’s fastest-developing countries, more and more expats are being enticed to spend their senior years in this Asian paradise while also investing in their future. The cheaper rates are a huge part of the allure here. Furthermore, health care is great, immigrants are welcome, and the country is overall safe and stable.
It’s no surprise that Malaysia is popular as the best Asian country in which to retire as an expatriate. Malaysia is also well-known for its huge and stunning beaches, pristine jungles, and the environs of its magnificent islands. The country is rather huge, with a diverse range of landscapes and experiences to be discovered, which are age-friendly too!
2. Thailand
Thailand, widely known as “The Land of Smiles,” has a lot to offer to retirees. The country’s low cost of living, warm-water coasts, tropical weather, tax-free system for expats’ money coming from abroad, rich and unspoiled culture, and reasonably standardized healthcare treatment are all advantages of this country that are seen by many foreign men. Thailand can also be a long-term retirement destination due to the flexible and simple process of obtaining a visa for international retirees.
The food is delicious, and the country has both big metropolises and peaceful little communities. It might be challenging if you are unfamiliar with the culture. However, English is often spoken in most local areas, making it easier for Western men to converse in this country.
3. Philippines
You bet that the Philippines would be part of this list. Other than being famous for warm-coastal beaches and beautiful women, the Philippines is a good retirement place for a lot of expats due to countless reasons.
Although Filipinos are now confronting economic challenges, the increased number of Western males retiring in the country helps to ease the situation. The Philippines has an even lower cost of living than most of the countries on this list — especially if you are to consider the conversion rate of your hard-earned American dollars to Philippines peso.
4. Cambodia
Cambodia has long been regarded as one of the most desirable retirement destinations for many foreign men. Perhaps no other Asian country makes it simpler for expats to come and retire with the least amount of bureaucracy, and financial requirements. In fact, it’s going to be simple to obtain a long-term retirement visa in the country, as you will just need to present “proof to maintain yourself” while you are there.
If you want to retire in comfort without having to scrape every dollar together, Cambodia might be the right place for your new life of luxury. Cambodia is likewise well-adapted to dollar transactions in terms of spending cash. Its economy is also already thriving, making it a popular destination for foreign seniors seeking a high standard of living.
Living in Asia as a retiree is not all perks and positives. There may be some drawbacks and challenges, but for those with an adventurous spirit, Asia can be the perfect place to spend retirement.