"Malaysia -- specifically Kuala Lumpur and Penang. This is the most user-friendly and expat-friendly choice in Asia. Malaysia is the only country in this part of the world that makes it relatively easy for a foreigner to establish legal full-time residency."
That was taken from USNews.com.
It is also interesting to note that the article mentions Malaysia as a city which is "moderately priced".
HD says: Specifically Taiping!