Coming to a close, if someone asked me to summarize our first year as retired expats in Asia in one phrase I’d have to choose “always interesting”.
In retrospect, eighteen months of correspondence with our MM2H agent helped make our transition to expat life in another part of the world relatively simple and painless. Knowing we’ll probably wind up in Thailand after our lease expires in July, 2017, we’d still recommend Malaysia to anyone with ample financial means for its above average infrastructure (by Southeast Asian standards), lack of language barriers (everyone knows and speaks English) and relatively disaster proof geography (outside the earthquake and typhoon belts).
Despite the statistically strong economy, the Malaysian Ringgit remains at near record low levels versus the USD and British Pound but is unlikely to cause problems for expats (barring any more financial scandals or unexpected calamities to emerging markets). One of the only major disadvantages is a banking system that forces people to the money changer for foreign currency. Having exchanged way too many US Dollars for ringgit at a lowly rate of 3.7613, (it hovers at 4.25 to 4.35 for the last few months) we failed to realize the ramifications of a plummeting currency and kept less than $100 USD on hand which leaves us hosed when we need to buy foreign currency with the ringgit. But other than that, becoming an expat in Malaysia was easier than expected.