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(((LIVESTREAM>>>))) Streaming: Belize vs Bahamas Live 25/02/2023

com 9. Penang, Malaysia Penang is an island situated in the Strait of Malacca, just off the northwest coast of Malaysia. This geographically and culturally diverse island has been luring retirees in droves thanks to its tropical climate and affordable lifestyle. The Malaysia My Second Home Programme is a government initiative developed to attract foreigners who are interested in long-term residence in Malaysia.

Social Security benefits are tax-exempt, with further income tax exemptions available for those 65 and older. Property tax rates on Hilton Head Island are relatively low, and several homestead exemptions may reduce one’s tax bill even more. There is a hospital (and several clinics) on the island, but a short trip to the mainland may be required for major procedures. Muzhik / shutterstock. com 11. Ko Samui, Thailand Thailand’s second-largest island after Phuket, Ko Samui sits just off the country’s east coast in the Gulf of Thailand.

Applicants who fulfill the necessary criteria are granted a 10-year renewable Social Visit Pass with a Multiple-Entry Visa. Requirements include proof of financial stability and private medical insurance. Malaysia does not tax income earned abroad, so Social Security and pension income are tax-free. The cost of living is low compared to average costs in the US, so retirees may be able to secure luxurious, beach-view housing for a comfortable price. Health care in Penang is considered good for the area, and the island is becoming a hub for medical tourism. Malaysia is a former British colony, so use of the English language is widespread. The island has an international airport, but most travel will require connecting flights. Communities with a dense expat population don’t typically see high crime rates, but beware of theft in tourist-heavy areas.

Helioscribe / shutterstock. com 10. Hilton Head Island, South Carolina This island off the coast of South Carolina’s Lowcountry has become a haven for retirees, so there’s a built-in community waiting for you should you decide to settle here. Hilton Head Island boasts many amenities that appeal to retirees, such as multiple public beach access points, a plethora of golf courses, an airport, walking and biking trails, and several parks and nature preserves. The coastal climate makes outdoor pursuits possible year-round, though the weather can be hot and muggy in the summer months. The cost of living in Hilton Head is above average and real estate is pricey, but South Carolina is a tax-friendly state for retirees.

” In most cases, foreigners cannot buy a residence since the land it sits on is government-owned. The simplest solution is to rent, and most retirees choose a neighborhood near the coast. Though the island’s cost of living is higher than some parts of Vietnam, it is still much lower than that of many US cities. Other considerations include the language barrier and the rainy season, which lasts from July to September. The island has an international hospital, though it may be advisable to travel to Ho Chi Minh City for major procedures.

Since this territory belongs to the United States, US citizens need neither a visa nor a passport to visit or reside here. Another perk for US citizens here is access to Medicare. There is, however, one decidedly un-American quirk to watch out for: left-side driving. This rule of the road is made odder by the fact that virtually all vehicles on the islands feature left-hand drive since they are imported from the United States. Low crime rates, gorgeous beaches, historic sites, and protected wildlife areas beckon visitors and residents alike. Unsurprisingly, this popular vacation spot has a relatively high cost of living. Health care services are available, but residents should be prepared to travel to the mainland for some major procedures, especially since the US Virgin Islands are located in the hurricane belt, and facilities are not immune to occasional storm damage.

There are two pathways to residency for those who wish to retire in the Bahamas. Foreigners may apply for permanent residency if they can prove financial independence as well as ownership of property in the Bahamas, with speedy consideration given to those who have purchased a residence valued at $750, 000 or more. Those who plan on retaining a primary residence elsewhere can still apply for a home owner identification card—which must be renewed annually—if they acquire a secondary residence in the Bahamas. Pricey utilities and imported goods contribute to a higher-than-average cost of living, but a substantial benefit of living here for some retirees is the nation’s approach to taxes.

We’ve compiled a list of the best islands for retirement, along with helpful information regarding visas, health care, cost of living, and more. fokke baarssen / shutterstock. com 1. Aruba White-sand beaches, turquoise waters, and year-round temperatures in the 80s? It sounds like paradise, and it could be your retirement destination. Located less than 20 miles north of the Venezuelan coast, Aruba is a self-governing part of the Kingdom of the Netherlands. The island lies outside of the hurricane belt and experiences only about 20 inches of rain annually; this guarantee of good weather makes Aruba one of the best places to retire in the Caribbean. Retiring in Aruba requires a minimum annual income as well as the purchase of either property or lease rights on land owned by the island.

One big-budget item to consider is health care, since most expatriates will find themselves needing to purchase private insurance. While you might be able to get by speaking only English here, Spanish is the country’s official language, so it would be a good idea to pick up some Spanish skills. Retirees should be mindful of high crime rates when choosing their neighborhood in the Dominican Republic. The safest bet is to select a locale that’s already popular with expats and retirees, such as the island’s northern coast. Las Terrenas, a resort town on the Samana Peninsula, is a great option to consider.

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