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Posted

Hi, I've been reading this forum for awhile, hoping to retire to Chiang Mai in 6 years. Saw an article about the 20 best islands to live on, including Penang, Malaysia, in the latest Islands magazine. Their description got me curious so I did a search here and found thousands of posts about Penang. Appears to be very popular for visa runs. I'm wondering what everyones' opinions are for Penang as a place to live? Malaysia's retirement plan for foreigners, Malaysia My Second Home, just looks light years easier to deal with than Thailand's. What am I missing? Is Thailand so much better that it's worth the visa hassles to be there? Please take this as someone who has never been to Thailand or Malaysia, just investigating options. Thanks!

Posted
Hi, I've been reading this forum for awhile, hoping to retire to Chiang Mai in 6 years. Saw an article about the 20 best islands to live on, including Penang, Malaysia, in the latest Islands magazine. Their description got me curious so I did a search here and found thousands of posts about Penang. Appears to be very popular for visa runs. I'm wondering what everyones' opinions are for Penang as a place to live? Malaysia's retirement plan for foreigners, Malaysia My Second Home, just looks light years easier to deal with than Thailand's. What am I missing? Is Thailand so much better that it's worth the visa hassles to be there? Please take this as someone who has never been to Thailand or Malaysia, just investigating options. Thanks!

Nice place, Penang. Lots of English spoken and the MMSH deal looks good if you have the monthly income (over 90K baht from memory) to cover it. You can buy your own house and live in a well educated community. Penang is over 60% Chinese and the different ethnic groups seem to get on very well. Mind you, Chiang Mai is very nice, too, and somewhat cheaper. Shopping is better in Thailand, if that's a consideration. If I didn't have strong ties here in Thailand (no pun intended) I'd seriously consider Penang.

Posted

Nice place, Penang. Lots of English spoken and the MMSH deal looks good if you have the monthly income (over 90K baht from memory) to cover it. You can buy your own house and live in a well educated community. Penang is over 60% Chinese and the different ethnic groups seem to get on very well. Mind you, Chiang Mai is very nice, too, and somewhat cheaper. Shopping is better in Thailand, if that's a consideration. If I didn't have strong ties here in Thailand (no pun intended) I'd seriously consider Penang.

Sounds like Chiang Mai is more what I'm looking for. But the latest rules on the Malaysia My Second Home program sure make it easy. The only financial requirement is to deposit the equivalent of $150,000 Malaysian Ringitts, not sure on that spelling, in a Malaysian bank for one year. That gets you a 10 year multiple entry visa that's renewable as long as you break no laws. If you meet the above there's no monthly minimum income requirement. And you can bring your spouse and under 18 dependants in under it too. I'm hoping Thailand will see this working well for Malaysia and do likewise.

Posted
Sounds like Chiang Mai is more what I'm looking for. But the latest rules on the Malaysia My Second Home program sure make it easy. The only financial requirement is to deposit the equivalent of $150,000 Malaysian Ringitts, not sure on that spelling, in a Malaysian bank for one year. That gets you a 10 year multiple entry visa that's renewable as long as you break no laws. If you meet the above there's no monthly minimum income requirement. And you can bring your spouse and under 18 dependants in under it too. I'm hoping Thailand will see this working well for Malaysia and do likewise.

This would entail a complete u-turn by the Thai Immigration, unfortunatly.

The idea behind the monthly requirement is that you need to be seen to be needing the income to actually live on. I.E NOT working on the black economy.

I can see the opposite happening ..........a tightening up of the Malaysia My Second Home Program somewhere in the not too distant future, and not a relaxing of the rules in Thailand :o

Penkoprod

Posted

As I was in Penang for only a very short time recently, I dont really have a complete view of the place, but will offer some observations. Also, i have been living in Chiang Mai for around 7months so will try to compare.

Chiang Mai, I find, has just about everything you need (depends of course on what you need). It has the benifit of being a city without the hustle and bustle. There are also sleepy outer villages within a short drive from the city such as Hang Dong if you prefer the quiet life. I like how the city is sort of grided out into sections, so what you are looking for is easy to find. The people are kind and friendly and unlike my experiences in Bangkok where I feel they see a westerner and go into sales pitch mode, the locals here are more personable. I always feel safe day and night (although i dont go to bars/clubs or wander around on my own at night, but i wouldnt do that anywhere tbhIm early 30's, single, female) There is always something to do or somewhere to go. I dont think a person gets easily bored in CM. Even the people watching is fun!

As for Penang, when i first arrived i was blown away by the lush greeness of the island. It really is very scenic. The air seemed cleaner and after i had taken a shower my hair felt much softer than when in CM (hmm..bit of a girly observation..so ok, ill move on..) The English lang level of the locals is also excellent and it was strange and pleasant to talk freely, but i missed the Thai smiles. After one day sight-seeing I had seem most of what i had set out to see. The island was bigger than i thought, but seems to have not nearly as many things to do within it than CM has. If you like variety, you may find Penang a bit restrictive. The last thing worth mentioning is that if you have a wife with you or daughters/granddaughters that would come to visit then they may find it a little daunting if out alone. Im not suggesting that Malays would cause harm to them(they are really lovely people) but i did notice that during the day (and i was covered and conservatively dressed) the cat calls and men who came up to me asking questions was a little intimidating. I gen just said my bf was bringing me a drink and they left quickly after that. After it got dark I didnt feel comfortable to leave my hotel room (was also cautioned during the day by locals about places to avoid and to stay in at night). Again, I stayed in, not because i felt unsafe, more just uncomfortable. In CM i would be happy to go around the night market and similar places alone without worry.

Visit both places to get a better idea for yourself, in 6 years there will probably be a lot of changes. The rate of change around these parts seems to me astronomical.

Posted
Hi, I've been reading this forum for awhile, hoping to retire to Chiang Mai in 6 years. Saw an article about the 20 best islands to live on, including Penang, Malaysia, in the latest Islands magazine. Their description got me curious so I did a search here and found thousands of posts about Penang. Appears to be very popular for visa runs. I'm wondering what everyones' opinions are for Penang as a place to live? Malaysia's retirement plan for foreigners, Malaysia My Second Home, just looks light years easier to deal with than Thailand's. What am I missing? Is Thailand so much better that it's worth the visa hassles to be there? Please take this as someone who has never been to Thailand or Malaysia, just investigating options. Thanks!

Don't you think you should actually GO somewhere before making polans to retire there?

Posted

Footnote to JD, you really should see places first hand before making any decision.

Best not to rely on the opinions of others as a basis for assessment.

I found Penang charming for anybody looking for a quiet chill out.

The people are civil and the traders are not so pushy.

CM is to be recommended too.

Apart from all else, it's a little cooler there and far less hectic than other venues.

Shopping is good and there's a good variety of eating places.

Less nightlife but more than enough for me.

Downsides, no beach life and the air pollution is catching up with BKK.

Posted

[quote name='jdinasia'

Don't you think you should actually GO somewhere before making polans to retire there?

Thanks everyone for your observations. Thank you Eek for shariing that. As for my qualifications, I've traveled extensively in the last 20 years thru the U.S., Canada, and Northern Mexico. I've used my company's transfer policy to live in 15 different locations, including 3 on the Mexican Border. What I've found is that while North America has beautiful scenery, it's overpriced, too corporate, too hermeticly sealed. While I will visit various places, I like asking people who are much better informed than I their opinions on various matters. Thru reading various forums I ultimately learned about Chiang Mai, which appears to have most everything I want with few negatives. One of those negatives is the visa regs, and thus my question about Penang. If the day comes that Thailand denies me entry it's good to know Penang is a good alternative, or maybe Valparaiso, Chile, or Salta, Argentina, or....

Regards!

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