Nasdaq ranks Malaysia best place in Asia to retire, ahead of Vietnam, Indonesia
- Malaysia was the safest place to retire in Asia, based on its peace score and average monthly cost of living, according to US-based financial services corporation Nasdaq
- Mongolia, Indonesia, Vietnam as well as Cambodia and Nepal also made the list
Malaysia ranks first in a list of the 10 safest places to retire in Asia, according to US-based financial services corporation Nasdaq.
In an article in its GoBankingRates section recently, the firm said the finding was based on data from the United Nations Pacific-Asia Region Group and gross domestic product (GDP) from WorldPopulationReview.
It also obtained cost of living figures from Numbeo and the Global Peace Index (GPI) from the Institute for Economics and Peace Global Peace Index 2022 Report.
GPI measures the relative status of peaceful nations’ and regions’, and the extent to which countries are engaged in ongoing internal and international conflicts, and is designed to assess the level of harmony or discord within a nation.
Nasdaq has also set a precedent that countries need to have a global peace index of under 2.0 to qualify, Bernama reported.