Top 5 countries in Asia for retirement - Expat Financial - Global Medical (2023)

After the decision to retire abroad, the next big decision is which country to choose. Asia is one of the most beautiful and culturally diverse regions in the world. Each Asian country offers unique and desirable characteristics for itexpats who want to retire abroad.Read all about why the following fit the criteria for the 5 best countries in Asia to retire.

Top 5 countries in Asia for retirement - Expat Financial - Global Medical (1)According to International Living's List, Malaysia, Thailand, Cambodia, Vietnam and Sri Lanka are the 5 countries in Asia with the highest retirement rates. The criteria used to analyze each country are classified into 13 categories: purchase and investment potential, rental options, senior benefits and discounts, visa and residence availability, cost of living, assimilation, entertainment and facilities, health care, healthy lifestyle, level land development, climate, opportunities and management. Also checkhealthcare system in Asian countriesbefore moving to the countryside.

Here are the top 5 countries in Asia where you can retire:

1. Malaysia

No wonder whyMalaysiawas named the best Asian country to retire as an expat. Malaysia is located south of Thailand and is known for its vast and beautiful beaches, pristine rainforests and the surrounding of numerous beautiful islands. Although the country's official language is Malay, English has become the country's unofficial second language. There is a lot of talk, which will certainly make it easier for pensioners to move.

Malaysia should also be a top priority for adventure-seeking retirees. The country is relatively large, with a great variety of terrain and adventures to explore. Its location also puts most of Asia within easy reach. Traveling between countries is extremely easy, allowing you to discover the full potential of Asia.

2. Thailand

Closely following Malaysia wasThailand. As Malaysia's northern neighbor, it's no surprise that Thailand has come second as a preferred location for expats to retire to.

Thailand is known as the "Land of Smiles" and has a lot to offer when it comes to retirement needs. Low cost of living in the country, warm water coasts, tropical climate, tax-free system for income coming from abroad for expats, rich and intact culture and relatively standardized hospital care. Thailand also offers easily accessible annual visa renewals for expats who choose to retire in Thailand, enabling Thailand to be a long-term retirement destination.

3. Cambodia

Top 5 countries in Asia for retirement - Expat Financial - Global Medical (2)

Cambodiait has long been on the rise as one of the most desirable countries in which to retire. As the country continues to expand, Cambodia offers beautiful scenery and a warm climate, as well as the convenience and comfort of excellent international connectivity. The main advantage of retiring in Cambodia is the possibility and ease of obtaining long-term visas. Many Asian countries may have strict income requirements for a long-term visa, while Cambodia does not.

4. Vietnam

While you are looking for new experiences, a change of environment, while staying within your retirement budget,Vietnamshould be at the top of your list. Like its neighboring countries, Vietnam is known for its beautiful scenery and warm climate, but it also offers a variety of healthy and delicious dishes.

One of the reasons why Vietnam ranks lower than neighboring Asian countries is that they do not have a government-issued retirement visa regime. This can make it difficult to stay in the country for a long time. You can extend your visa while you are in the country, which makes the renewal process much easier, but the longest visa currently in force is a 3 month visa.

Top 5 countries in Asia for retirement - Expat Financial - Global Medical (3)

5. Sri Lanka

Last on our list of the 5 best countries in Asia to retire to is Sri Lanka. Unlike several other Asian countries when it comes to a beautiful and stable climate, Sri Lanka offers a constant and homogeneous temperature throughout the year.Health system in Sri Lankais also ready. Sri Lanka is also known as a multicultural country where expats can discover and immerse themselves in different cultures.

Sri Lanka offers a "Dream Home Visa Program" which allows retirees over the age of 55 who meet the country's financial minimum for expatriation to obtain a two-year renewable visa.

After researching the top 5 countries in Asia to retire to, it's still important when an expat moves abroad to retire.take global health insuranceBefore departure. Global health insurance is the safest and most reliable option for long-term global medical care.International health insurancehas the ability to travel from country to country with you. This is extremely important for retired expats who plan to visit family during the holiday season.Contact Expat Financialfor expert advice and discussion on your international insurance needs and requirements.

Top 5 countries in Asia for retirement - Expat Financial - Global Medical (4)


What is the best country to retire with healthcare? ›

Singapore. Singapore has one of the most efficient and affordable healthcare systems in the world. Retirees, medical tourists, and citizens get to avail excellent medical facilities and access to high-quality staff and services.

Where is the cheapest place to retire in Asia? ›

Part 3: Top 10 Best Places to Retire Cheap in SE Asia for 2023
Reverse OrderDanQiang
#4Dumaguete, PhilippinesPanglao, Philippines
#3Bangkok, ThailandGeorgetown, Malaysia
#2Koh Samui, ThailandKoh Samui, Thailand
#1Ubud*, Bali, IndonesiaUbud*, Bali, Indonesia
6 more rows
Feb 25, 2023

What country has best healthcare for expats? ›

Here are the top six countries with the best healthcare for expats in 2023:
  • Spain.
  • Mexico.
  • Thailand.
  • Germany.
  • Japan.
  • France.

What is the #1 retirement country? ›

According to various studies, including International Living, Portugal is ranked as the best country for US expats to retire to. Its friendly population, welcoming community of American expats, excellent weather, safety records, and affordable cost of living are all big draws for retirees.

What country in Asia has the longest life expectancy? ›

Life expectancy, in years, 2021 - Country rankings:

The average for 2021 based on 47 countries was 73.79 years. The highest value was in Hong Kong: 85.49 years and the lowest value was in Afghanistan: 61.98 years. The indicator is available from 1960 to 2021.

Where is the cheapest place in Asia for expats? ›

Cambodia. Cambodia is one of the best destinations in the world for budget travelers. With friendly people and breathtaking scenery, there is plenty to see and do in the southeast Asian country. Travelers can explore ancient temples and floating villages like Kampong Phluk Village.

What is the most advanced country in Asia? ›

China, the most powerful Asian country

With a population of over 1.4 billion China is the second most populated country in the world. Its economy will surpass that of the United States in the coming years. China's GDP has been growing at an average rate of 10% per year over the past two decades.

What country is cheapest for Americans to retire to? ›

Mexico. Just south of the United States of America border with warm weather, a wide variety of places to live, miles of coastline, and beautiful cities, Mexico, one of the cheapest countries to retire in, is a popular destination for retirees as well as vacationers.

Which country is the happiest for retirement? ›

These Are the Best Countries to Comfortably Retire
  • New Zealand.
  • Switzerland.
  • Spain.
  • Portugal.
  • Australia.

What are the safest countries for Americans to retire? ›

The Safest Places To Retire Outside the US
  • Canada. If you're looking to retire abroad but not overseas, good news. ...
  • Iceland. ...
  • New Zealand. ...
  • Ireland. ...
  • Denmark. ...
  • Austria. ...
  • Portugal. ...
  • Singapore.

How much do you need to retire in Asia? ›

In the study's preamble, NetCredit claims the 2021 study shows that retiring in Indonesia will require USD 290,599 in the bank to do it comfortably. Following Indonesia is Malaysia at USD 321,614 and Vietnam remains competitive at USD 353,906. Retiring in Cambodia and Thailand is a close tie at around USD 389,000.

Can US citizens retire in Malaysia? ›

Obtaining a retirement visa in Malaysia grants you many benefits: A ten-year (renewable) visa. Retirees who are accepted into the MM2H program will receive a ten-year visa. After your visa expires, you can apply to renew it indefinitely.

Is Asia cheaper than South America? ›

South America is somewhat pricier, though it very much depends where you are – Paraguay, Bolivia and Ecuador are amongst the cheapest places to go, so those looking to save the pennies should opt to visit these countries over Argentina, Brazil and Uruguay.

Which country is #1 in quality healthcare? ›

Healthcare System Performance Ranking

Key findings: “The top-performing countries overall are Norway, the Netherlands, and Australia. The United States ranks last overall, despite spending far more of its gross domestic product on health care.

Which country gives free healthcare to foreigners? ›

However, Brazil is the only country in the world that offers free healthcare for all its citizens. Also, Norway is the first country in the world to implement a free healthcare policy as far back as 1912. Coincidentally, Norway is recognized as one of the healthiest countries in the world.

What country is most advanced at medical care? ›

The US, Switzerland and Norway are some of the most advanced countries when it comes to the field of medicine, with huge healthcare spending, numerous pharmaceutical companies and sophisticated academia.

What country can US citizens retire to? ›

To help you narrow down your options, here are our picks for the best countries to retire to.
  • Panama. Panama tops most lists of the best countries to retire in, and there are good reasons for that. ...
  • Costa Rica. ...
  • Portugal. ...
  • Ecuador. ...
  • Greece. ...
  • Belize. ...
  • Nicaragua. ...
  • The Philippines.

What is the best country to move to as an American? ›

Cyprus is a beautiful and highly developed nation with a low cost of living and a comfortable tax system. But there are many more: check our Best countries to move from the USA list. Greece, Cyprus, Andorra, Portugal, the Caribbean and Malta are among the most favourable places for US expats.

Where does the US rank in countries to retire in? ›

The U.S. can be found way down in 18th place, slipping to 69% from 71% in 2021. Unemployment and income equality account for some of the U.S.'s place in 2022's report. While it achieved the sixth-highest score for income per capita among all the GRI countries, that was offset by a low score for income equality.

What is the healthiest country with the longest life expectancy? ›

The healthiest countries in the world
RankCountryAverage life expectancy (years)
6 more rows
May 31, 2023

Why do Japanese people live so long? ›

Japanese life expectancy

This low mortality is mainly attributable to a low rate of obesity, low consumption of red meat, and high consumption of fish and plant foods such as soybeans and tea. In Japan, the obesity rate is low (4.8% for men and 3.7% for women).

Why do Hong Kongers live so long? ›

According to Kwok's research, “Hong Kong ranks first for enabling environments,” he said. “That may explain our longevity.” The streets are safe, and there is easy access to public transport, healthy food and public amenities, “enabling” people to live a healthier lifestyle.

What is the most affordable housing in Asia? ›

Singapore's HDB units are the most affordable public housing in the Asia-Pacific (APAC) region, according to Urban Land Institute (ULI) Asia Pacific Center for Housing's Home Attainability Index. The country's public housing units have a median price-to-income ratio of 4.7.

Which country in Asia has the most beautiful islands? ›

10 Best Asian Islands
  • Similan Islands, Thailand. Image Source. ...
  • Perhentian Islands, Malaysia. Image Source. ...
  • Pom Pom Islands, Malaysia. Image Source. ...
  • Macleod Island, Myanmar. ...
  • Koh Rong Island, Cambodia. ...
  • Cat Ba Island, Vietnam. ...
  • Palawan Island, Philippines. ...
  • Cebu Islands, Philippines.
Nov 10, 2021

Which city in Asia has the highest living cost? ›

Singapore surged to top the rankings as the most expensive city in the world for luxury living for the first time as it vies to be a leading global center for the rich.

What is the least developed country in Asia? ›

Sri Lanka is one of the least developed countries in the world, primarily because of factors like corruption and political instability, combined with an economy that lacks diversification. Sri Lanka has further spiraled down after the country defaulted in May, 2022, leading to economic collapse.

Which country has the best technology in Asia? ›

Innovations index (0-100), 2022 - Country rankings:

The average for 2022 based on 37 countries was 31.09 points. The highest value was in South Korea: 57.8 points and the lowest value was in Yemen: 13.8 points. The indicator is available from 2011 to 2022. Below is a chart for all countries where data are available.

What is East Asia's poorest country and why is that so? ›

As a result, Myanmar ranks among the least developed countries in the world. In 2021, its GDP per capita stood at $1,973, making it one of the poorest countries in Asia.

What country can I retire to with $800 a month? ›

Ecuador. If you're looking for a country where you can retire outside the US comfortably with $800 per month and experience one of the most ecologically diverse places in the world, then Ecuador might be for you. The go-to city for US retirees in Ecuador is Cuenca, which also happens to be a UNESCO World Heritage site.

Where can I live in $1 500 a month in the US? ›

Best Cities to Retire on a Budget of $1,500 a Month
  • Casper, Wyo. Total Monthly Expenditures: $1,473. ...
  • Davenport, Iowa. Total Monthly Expenditures: $1,472. ...
  • Lubbock, Texas. Total Monthly Expenditures: $1,456. ...
  • Lorain, Ohio. Total Monthly Expenditures: $1,442. ...
  • Cedar Rapids, Iowa. ...
  • Lawton, Okla. ...
  • Lynchburg, Va. ...
  • Grand Forks, N.D.
Apr 12, 2019

What is the cheapest English speaking country to retire in? ›

South Africa

Possibly the cheapest English-speaking country to live in is South Africa. Not only can you get by without having to go to language school, but most South African cities also have a high standard of living, similar to Western cities, which will make the transition much easier.

Which country is best for living life? ›

  • Sweden. #1 in Quality of Life. #5 in Best Countries Overall. ...
  • Denmark. #2 in Quality of Life. #10 in Best Countries Overall. ...
  • Canada. #3 in Quality of Life. ...
  • Switzerland. #4 in Quality of Life. ...
  • Norway. #5 in Quality of Life. ...
  • Finland. #6 in Quality of Life. ...
  • Germany. #7 in Quality of Life. ...
  • Netherlands. #8 in Quality of Life.

Is USA good for retirement? ›

Retirement in the U.S. offers a predictable and familiar lifestyle, and you'll be close to your friends and family. But it can be expensive and lead to a boring routine. Retiring abroad can bring new and exciting experiences, a change of scenery, and a lower cost of living.

Is $600 000 enough to retire in Singapore? ›

This means that you can reasonably expect to live for another two decades after you retire. Using S$2,500 a month, you will need a total of S$600,000. Note that this amount does not include additional expenses for medical issues, emergencies and other exigencies.

What countries do not tax US Social Security? ›

U.S. citizens who are residents of the following countries are exempt from U.S. tax on their benefits.
  • Canada.
  • Egypt.
  • Germany.
  • Ireland.
  • Israel.
  • Italy (You must also be a citizen of Italy for the exemption to apply.)
  • Romania.
  • United Kingdom.

What is the safest country to move to from the US? ›

The safest place in the world is Iceland, which ranks number one on the 2022 Global Peace Index.

What is the most safest country in America? ›

When evaluated by 2022 GPI, the top three safest countries in North America are Canada, Costa Rica, and Panama.

What is the best place to retire in Asia? ›

Here's a look at 10 of the best retirement lifestyle options in Asia in 2022.
  • Bali, Indonesia.
  • Da Nang, Vietnam.
  • Udhagamandalam, India.
  • Chiang Mai, Thailand.
  • Kota Kinabalu, Malaysian Borneo.
  • Da Lat, Vietnam.
  • Kuala Lumpur, Malaysia.
  • Hua Hin, Thailand.

How much usd to retire in Thailand? ›

To retire in Thailand comfortably with Western standards of living, we recommend budgeting THB50,000–100,000 per month.

How much does it cost to live in Thailand as an expat? ›

Thailand's cost of living is low. For example, the cost of living in Bangkok — the 5th best country for ex-pats in the world — is $2,670 to $3,288 a month. Thailand offers multiple options for accommodations. You can expect to spend anywhere between $650 to $3000 per month on rent.

How much money is enough to retire in Malaysia? ›

The general rule of thumb

If you are earning RM8,000 by the time you retire, your retirement fund or income should allow you about RM5,600 a month. To achieve that, you will need to save one-third (33%) of your income, from as early as 25 years old.

Can an American retire in the Philippines? ›

As we have mentioned, if you're an expat looking to retire in the Philippines you need to register for the SRRV program. The procedure for doing so is as follows: Make an appointment at the Philippine Retirement Authority (PRA) Choose the retirement option that suits you (we will discuss this in further detail below)

How long can I stay in Malaysia as a US citizen? ›

You do not need a visa if you are coming for business or tourism for 90 days or less. Immigration officials will place an entry stamp, known as a social visit pass (visa), in your passport authorizing a stay of up to 90 days.

Which is safer South America or South East Asia? ›

Asia is generally safer than South America, people in Asia are very respectful and the local cultures are very peaceful. This isn't to say bad things won't happen, there is extreme poverty in both continents and things can go wrong anywhere at the wrong place and time, but as a general guide, Asia is safer.

What is the most affordable South American country to live? ›

Cheapest and most expensive countries to live in Latin America 2023. According to a recent study, Colombia had the lowest monthly cost of living in Latin America with 546 U.S. dollars needed for basic living.

What is the most expensive country to live in South East Asia? ›


Singapore is considered to be the financial center of the world and is often ranked among the most expensive cities in the world. Higher demand against lower supply has resulted in prices in the country being higher than the average.

What country has the best healthcare benefits? ›

The following is a list of the top 8 countries for healthcare worldwide and the benefits provided to their citizens.
  • 1.) The United Kingdom. ...
  • 2.) Switzerland. ...
  • 3.) Sweden. ...
  • 4.) Australia. ...
  • 5.) Germany. ...
  • 6.) The Netherlands. ...
  • 7.) New Zealand. ...
  • 8.) Norway.

What country has the best healthcare program? ›

According to the WHO, the top countries in terms of healthcare quality are mostly in Europe, with Switzerland, France, and Germany consistently ranking highly.

What country is most advanced in healthcare? ›

The US, Switzerland and Norway are some of the most advanced countries when it comes to the field of medicine, with huge healthcare spending, numerous pharmaceutical companies and sophisticated academia.

What countries have better healthcare than the US? ›

Countries With the Most Well-Developed Public Health Systems
  • Denmark.
  • Germany.
  • Sweden.
  • Norway.
  • Canada.
  • Switzerland.
  • United Kingdom.
  • Netherlands.
Sep 27, 2022

Where does America rank in healthcare? ›

Despite having the most expensive health care system, the United States ranks last overall compared with six other industrialized countries—Australia, Canada, Germany, the Netherlands, New Zealand, and the United Kingdom—on measures of quality, efficiency, access to care, equity, and the ability to lead long, healthy, ...

What is a good country for an American to retire in? ›

To help you narrow down your options, here are our picks for the best countries to retire to.
  • Panama. Panama tops most lists of the best countries to retire in, and there are good reasons for that. ...
  • Costa Rica. ...
  • Portugal. ...
  • Ecuador. ...
  • Greece. ...
  • Belize. ...
  • Nicaragua. ...
  • The Philippines.

Which country has the best quality of life? ›

Sweden. Sweden is the top country in 2022 best quality of life rankings. The country stands out in the ranking of quality of life for health systems and well-developed public education, security, economic stability, and politics.

What country has the freest healthcare? ›

However, Brazil is the only country in the world that offers free healthcare for all its citizens. Also, Norway is the first country in the world to implement a free healthcare policy as far back as 1912. Coincidentally, Norway is recognized as one of the healthiest countries in the world.

What country has the best healthcare 2023? ›

In 2023, Singapore ranked first with a health index score of 86.9, followed by Japan and South Korea.

Is US medicine best in the world? ›

Countries in order of their average ranking on the health indicators (with the first being the best) are Japan, Sweden, Canada, France, Australia, Spain, Finland, the Netherlands, the United Kingdom, Denmark, Belgium, the United States, and Germany.

What country has the best hospitals? ›

US hospitals, such as the famed Mayo Clinic in Rochester, topped Newsweek's World's Best Hospitals 2022. The top 100 also includes clinics in Germany, Italy, France, and other countries. Americans consider the UAE, Spain, Canada, Singapore, Japan, the UK, and Israel popular medical tourism destinations.

Which country has best doctors in the world? ›

Japan is renowned for having the top doctors in the world in addition to its thriving technology industry. Because of this, medical professionals who graduate from there are skilled and extremely professional in their approach.


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