A Foodie's Dream Retirement
Oct. 13, 2014, George Town, Malaysia: George Town, Penang, Malaysia, is a top retirement choice in Asia.
Dear Live and Invest Overseas Reader,
It's hard to think of George Town, Malaysia, without thinking about food. Few other places in the world do you find cuisine so varied, food so fresh, or prices so low. In 2013, CNN Travel named George Town among the "Top Ten Street Food Cities in Asia," and, this year, Robin Barton, commissioning editor for Lonely Planet, announced that Penang has been chosen as the top food destination in the world.
Penang is one of our top picks in Asia and, indeed, the world, too—not for eating (that's not our beat) but for expat living and retirement.
Penang in general and George Town in particular have a great deal to offer the would-be expat and foreign retiree. The natural surroundings are beautiful, and you have many options for how to spend your time (beyond eating!). In addition, Malaysian immigration laws are welcoming, including for retirees. For these reasons, thousands of foreigners, both working and retired, have settled in the area, creating a network of support for others who'd like to follow in their footsteps.
Historic George Town, the capital of the state of Penang, got its start in the 18th century, when the British established a colonial outpost to control trade in the Straits of Malacca and exploit a thriving opium market. Commerce prospered and, by the 19th century, George Town had developed a busy financial district, an active seaport, and scores of wholesale shops. Immigrants flooded the town hoping to improve their fortunes.