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ThonRetire

Head to head · verified July 2026

Greece vs Malaysia

Malaysia scores 11 points higher on our balanced view — but that gap is small enough that your own priorities can flip it. The breakdowns below show exactly where each one earns and loses.

Everyday street scene in Greece

GreeceGreece

Mediterranean

77/100

Greece's 7% flat tax is the broadest deal in Europe — it covers all foreign income, not just pensions, for fifteen years. The entry bar is the highest of the Mediterranean set (€3,500/mo or €126k banked) and you must actually live there — 183 days — to keep it. Elderly-care units license under Ν. 2345/1995 — silence can approve; no public list of licensed units was opened. Cheaper than Spain or Italy, with freehold property open to foreigners.

Full Greece guide
Everyday street scene in Malaysia

MalaysiaMalaysia

Southeast Asia

88/100

Malaysia buys you first-world private healthcare and an English-speaking daily life at Southeast Asian prices — and foreign income stays untaxed until at least 2036. The catch arrived in 2024: MM2H now demands a US$150k fixed deposit plus a RM600k property purchase held ten years, and the pathway to permanent residency was scrapped entirely. Care centres must register with JKM under the Care Centres Act 1993 — there is still no national searchable list a foreigner can check from abroad. Brilliant place to live; you'll always be a guest on paper.

Full Malaysia guide

Side by side

Greece compared with Malaysia
CriterionGreeceMalaysia
Visa & Residency
Retirement visaFIP VisaMM2H (Silver)
Minimum ageNone (18+)25+ (Silver tier)
Min income / assets€3,500/mo or €126kUS$150k FD + RM600k home
Visa processing time~10d visa; permit 2–4 mo1–3 mo (≤6 end-to-end)
Path to permanent residency5 yrsNo PR route
Path to citizenship7 yrs + Greek language exam10–12 yrs; rarely granted
Tax
Tax-residency threshold183 days or vital interests182 days
Tax on foreign pension7%0%
Capital gains tax7% under regime; else 15%0% foreign gains (individuals)
Inheritance / estate tax1–10% (low for close kin)No inheritance tax
Annual property taxENFIA — few hundred €/yrLow — ~US$200–700/yr
Finance & Property
Foreign property ownershipYesYes — RM600k buy mandatory
Deposit / bond required€3,500/mo income or €126k depositUS$150k FD — 50% out yr 2
Forced-heirship rulesForced heirship; will can elect AU lawNone (non-Muslims)
Cost to establish residency~€2–4k (€1k permit + legal)~US$11–14k (agent + gov)
Living
Cost of living22001900
Healthcare quality7.98.7
Safety7.87.5
Logistics
Flight time from Australia258
Health insurance requiredYesYes — private medical
Visa renewal ease3-yr permit; needs 183 d/yr stay5-yr pass — easy
Provision for dependentsYes — +20% spouse incomeSpouse, kids <34, parents

Showing the open fields. 17 more criteria — tax-residency day counts, capital gains, forced heirship, setup costs and processing times — need a free Thon account. Sign in to see the full table.

Why Greece scores 77

77/100

Why this number

Every point is accounted for. Nothing is hidden in a weighting you cannot see.

  1. Base country quality81Greece scores 81/100 before anything about you is applied — visa system, tax regime, healthcare, safety and property rights.
  2. Australian passport-4Worse than average for Australian retirees: No AU treaty; long flight
  3. Best fit for you77A decision aid, not a prediction. Two people with the same passport can rank these differently — that is the point of showing the working.
  • No double-tax treatyGreece has no tax treaty in force with Australia — the same income can be taxed twice unless you structure around it.

Why Malaysia scores 88

88/100

Why this number

Every point is accounted for. Nothing is hidden in a weighting you cannot see.

  1. Base country quality82Malaysia scores 82/100 before anything about you is applied — visa system, tax regime, healthcare, safety and property rights.
  2. Australian passport+6Better than average for Australian retirees: 8h + English + excellent healthcare + AU treaty
  3. Best fit for you88A decision aid, not a prediction. Two people with the same passport can rank these differently — that is the point of showing the working.