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    Tony Abbotts Sneaky Way to Increase the Retirement Age to 70+

    Life expectancy was a lot lower............
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    This is where i want to retire for half a year!

    Most expats live on the NE corner of Penang but are spread all over. A few live in Georgetown (the capital). Have a look at Gurney Drive (millionaires row).... Food is cheap at the makan stalls, try the nasi lemak.. Bobby
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    This is where i want to retire for half a year!

    Hi Virgo, We rent. There is a glut of properties on the market at the moment and basically I don't think I will ever buy here. Australians might live overseas but eventually they usually return home. It is a 10 year plan for us. There are a lot of expats here (British, Canadian, Aussies...
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    This is where i want to retire for half a year!

    We choose Penang Bobby
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    This is where i want to retire for half a year!

    Hi Virgo, How's it going? We were in Malaysia and then Mexico..I like Malaysia better Some of the pros of living in Malaysia.....the pros and cons are Pros..... Cheap cost of living/shopping Cheap cost of travel within Asia Good weather (warm all year round).... Sense of...
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    This is where i want to retire for half a year!

    Very hard to get Permanent Residency here. The Visa is renewable if you don't do anything untoward. Bobby
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    Returning to Australia

    Back Home TerryW...thanks but it is solely an investment property. We have decided to convert one of our IPs to an PPOR, so the 6 year rule won't apply even if we decided to sell. Basically, we have been renting in Sydney and Asia for the last 8 years or so.... Virgo - We are in Puerto...
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    Returning to Australia

    Thanks everyone, The tenants are paying the rent so i think I will just rent in Sydney at a lower rent than I am getting in Randwick. it will ease me back into civilisation Thanks
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    Returning to Australia

    Thanks Thanks for the replies, I am guessing the real estate law is different in QLD and Vic to NSW. Anyone out there familiar with the current law in NSW...
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    Returning to Australia

    Leased property Thanks Luckyone, Gee I hope you are right...I was going to ask the real estate agent but she is good friends with the tenant and I just wanted a second and correct answer. Thanks
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    Returning to Australia

    Hi, My wife and I have been living overseas and intend to return to Australia next month. Our house in Sydney is tenanted and on a lease which will expire in August. Basically, is there anyway I can break the lease? I don't want to disrupt the tenants more than I intend to but am inquiring...
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    USA investment properties for an Aussie

    Las Vegas Thank you Emma for your great posts. My wife and I are Australian retirees and have been here in las Vegas for the last 5 weeks, we intend staying for another 3 weeks and are here at the Imperial Palace on the strip. We are only small property investors with 7 IPS back in Oz (one...
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    Recommended Tradies and Other Useful Contacts

    Painter in Sydney Can anyone recommend a painter in Sydney. I would like to have a townhouse interior painted Thanks
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    Using Mobile Phone in Bali

    Bali Good thinking, Seminyak is quite nice. We got back from Bali last Sunday night, Kuta Beach is getting worse, if that is possible. Enjoy your trip Bobby
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    KL Property Market - where is good?

    Kl I haven't purchased here. It is always cheaper to rent than own if there is no Capital Gain. We live near Jalan Ramlee (KLCC) and there are a number of places I like, including Langkawi, Malacca and Penang but they are bit "sleepy". I agree with what you are saying about money being made...
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    KL Property Market - where is good?

    Kl Yeah, and they are building them all the time. Some of the Chinese owners sight on their properties for Capital Gain and stories from real estates agents say they have condos on their books that haven't had a tenant in 10 years !!!! Here are some links on taxes in Malaysia...
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    KL Property Market - where is good?

    Kl Penang is cheaper and more laid back, but we prefer to live in KL. Penang has a LOT of condos and I would be very careful about purchasing there due to the quality of the buildings and a oversupply. There is a minimum purchase price of RM500k ($170K) for foreigners... Bobby
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    How much do you need to live every year?

    . Hi Virgo, I am in Malaysia. If you want some info on MM2H send me a PM. Singapore will be way too expensive for retirement in 10 years, already that way for many. Check out the certificate of entitlement for cars!! I was posted there for a couple of years with Navy years ago and got...
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    How much do you need to live every year?

    . May I ask which Asian country you spent most of your time in? Bobby
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