20 of the coolest places to retire in the world

  • ​Penang, Malaysia

    • Average cost of living: $466.69/person/month

    A government initiative named "Malaysia My Second Home" (MM2H) allows foreigners to apply for a 10-year visa with ease. This news is good for retirees, as Penang offers historic architecture, a robust art scene, high-quality healthcare and an English-speaking community. Penang itself is an island and George Town is its capital.

    "It's a food capital, hosting a plethora of restaurants, cafes and street food, selling dishes from several different cultures. And, no matter your budget, there is something for everyone," said Rinita Vanjre Ravi, co-founder of the online social platform BonAppetour.

    Indeed, street food vendors offer skewers of deep-fried meats for less than 20 cents each, and upscale options with a variety of cultural influences are available at restaurants housed in hotels like The Blue Mansion.