The cost of living in Malaysia is exceptionally low considering that it was newly referred to as a newly industrialized country. Taxation is kept at a minimum with no inheritance tax and no capital gains on assets. The Malaysian Ringgit is currently struggling to keep up with other currencies, which is the main reason why commodities and housing are cheaper in the country. Its capital city, Kuala Lumpur, has become a sort of shoppimg mecca for clothes, electronics and other consumer goods. Expatriates from the United Kingdom will enjoy the very affordable living conditions since remittances coming from other countries are not taxed. [click to continue…]
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