Malaysia named top 3 place to retire globally

In the 2014 edition of its annual Global Retirement Index, American magazine InternationalLiving.com places Malaysia at the top 3 of the list of the best places to spend retirement.

A total of 24 countries are listed in the magazine’s ranking, which is based on the analysis from its correspondents around the globe. Each destination is evaluated across eight areas with an effect on everyday life, including real estate, climate, cost of living, entertainment and healthcare.

One trend emerging from the ranking is the attractiveness of Latin American destinations, which account for 12 of the top 24 places to retire according to InternationalLiving.com. Spain, meanwhile, is listed as the most attractive European destination for retirees, in fifth position overall.  Malaysia ranked 3rd and nearby Thailand is ranked 10th.

The best places to retire according to InternationalLiving.com’s Global Retirement Index 2014:

1- Panama
2- Ecuador
3- Malaysia
4- Costa Rica
5- Spain
6- Colombia
7- Mexico
8- Malta
9- Uruguay
10- Thailand
11- Ireland
12- New Zealand
13- Nicaragua
14- Italy
15- Portugal
16- France
17- Philippines
18- Honduras
19- Guatemala
20- Brazil

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