This post was written by Chad Merchant One of the great truisms of life concerns the value of money versus that of time. “Money comes and goes,” the saying suggests, “but time, once spent, can never be bought again.” The idea is that during your life, you’ll earn, spend, and re-earn money, over and over …
This post was written in part by Infinity Financial Solutions. As a general rule, expats in Malaysia make a substantial amount of money to be able to set some aside in their life savings, or for retirement. It’s a fact that life gets more expensive every year, so trying to ensure your savings grow with …
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At the end of 2018, the government decided they needed to tighten the procedures for reviewing applications for the MM2H visa. They implemented a new system, so now, after the existing review procedures are completed, the applications must then be passed to the Ministry of Home Affairs, which is the Ministry responsible for state security. …
It used to take about 90 days to have the MM2H application reviewed and approved – or rejected. However starting in 2018, a backlog began building, and by early 2019, there were apparently some 4,000 applications waiting to be processed. This understandably led to a lot of frustration, felt by both applicants and agents alike. …
A survey conducted by TEG Media, the leading company providing information to the international community in Malaysia, revealed that there was a high level of satisfaction among those people who had moved to Malaysia under the MM2H programme. It should be understood that the majority of people approved for an MM2H visa actually do not …
The Ministry of Finance has announced that beginning next year, they will reduce the minimum price at which foreigners can buy property from RM1 million to RM600,000. It is believed that this reduction will be for one year, and will only apply to properties which have been built but remain unsold, though there hasn’t been …
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Each year we organise a large-scale whisky tasting event in Kuala Lumpur called WhiskyPLUS. We arrange for many brands of whisky and a few other liquors to be available for unlimited tasting, giving aficionados an uncommon opportunity to try a wide range of whiskies and meet the people behind many brands. At this year’s event, …
Langkawi is a popular tax-free island off the northwest coast of Peninsular Malaysia. It attracts many tourists each year, and is home to some of Malaysia’s most luxurious hotel properties. It has attracted a number of people who have moved to Malaysia under the Malaysia My Second Home (MM2H) programme. An enterprising Australian expat and …
Andy Davison reviews recent research conducted among people living in Malaysia with a MM2H visa Nobody knows how many people are living in Malaysia with a MM2H visa. The number of people who have received the visa since the programme was launched 17 years ago is around 44,000 but there is no requirement to spend …
Mm2hers Love Malaysia And Malaysia Should Love Them Read More »
For those who are wondering why they should consider retirement in Malaysia or spending several months a year here, Andy Davison, who has travelled extensively around the world, suggests some reasons. There are many considerations when deciding whether to relocate to a new country. Leaving friends and relatives is not something everyone is willing to …