Hi JJ
'did I/we move too fast in choosing Malaysia?' Thats a great question and something that has cropped up in conversation at home from time to time, the short answer is no, Malaysia is still the best of the places that were available for me/us to move to, the big problem that we had was our ages, being 29 and 39 and wanting to put our feet up made the choices quite limited. The MM2H program was (as far as I can recall) the only retirement type program that we were eligible to join based on our personal circumstances. We did do our homework and visited the country on a few occassions, the last being November 2006 where we made up our mind to join the program. On this visit we were able to pool thoughts, views and information with Qjumper and his wonderful wife who were also holidaying at the same time in Penang. So moving to Malaysia was the right move for us.
The place to live part is where we may have come up a 'bit short'. If you have a little money and know of the impending problems that were going to hit the global economy, you need to find a suitable vehicle as a safeguard, for us it was the right type of property. The problem with this type of thinking is that you are limited as to what is regarded as 'safe'. The experts, business people, locals etc all say that historically the safest type of medium/longer term investment is Freehold landed property, and most importantly in the right location. We found the right property in a suitable location but its not the best place to be for a 'retirement'. Its nice to be able to lay in bed and look at the Petronas Towers, its nice to have the shops, but after you have done the shopping, and the sightseeing, had some nice meals etc, their doesn't seem to be a lot left. A friend once said to me would you go on holiday and stay in KL for a couple of weeks?
I'm not unhapppy here in Malaysia, just a little bored and sometimes frustrated
Cheers
Paul