floaton
German expat in Indonesia
Forum posts
66
Contacts
9
About me
German
Lives in Jakarta Raya
Registration: 04 June 2017
Activity
Air BnB alternative? by Ziggy With It
I see that Air BnB has plenty of listings in Malaysia. But I was wondering if there was a more "local" option and whether or not it might be even more cost-effective for my exploratory excursion into the area. I'm thinking that JB is where I'll ...
Definitely less reliable then airbnb, no recourse if things go wrong. But you should meet with them first at the apartment/villa.For KL I've only used airbnb though, found KL apartments quite affordable as it is :). Read More
Air BnB alternative? by Ziggy With It
I see that Air BnB has plenty of listings in Malaysia. But I was wondering if there was a more "local" option and whether or not it might be even more cost-effective for my exploratory excursion into the area. I'm thinking that JB is where I'll ...
You could try Facebook marketplace. What I do myself (I usually only stay a couple of months at a time) is just book something for a week on Airbnb see if I like it and then ask the owner directly if he/she wants to rent it out directly to me for x ... Read More
Malaysia My Second Home (MM2H) by Hansson
The Malaysia My Second Home (MM2H) Visa was initially introduced as a Retirement Visa for foreigners interested in moving to and settling in Malaysia. Basically it is a 10 year Social Visit Pass with Multiple Entry that allows you to go and come as ...
Thanks a lot for that information @immersed! I am not from Indonesia but this information is very helpful nonetheless. Read More
Malaysia My Second Home (MM2H) by Hansson
The Malaysia My Second Home (MM2H) Visa was initially introduced as a Retirement Visa for foreigners interested in moving to and settling in Malaysia. Basically it is a 10 year Social Visit Pass with Multiple Entry that allows you to go and come as ...
Thanks @immersed and @cobolin!Ok I will consult with an accountant before returning to Malaysia again.@immersed, you said:Also, if you do not remit the FSI to Malaysia, you do not need to pay tax on it.How would that work, you pay yourself to an ... Read More
Malaysia My Second Home (MM2H) by Hansson
The Malaysia My Second Home (MM2H) Visa was initially introduced as a Retirement Visa for foreigners interested in moving to and settling in Malaysia. Basically it is a 10 year Social Visit Pass with Multiple Entry that allows you to go and come as ...
@floaton The 90 days only applies to new applicants. If you qualified for the old MM2H (pre 2021) you should be fine. And you will be able to renew under the same terms for another five years when your first ten years is up. I'm pretty sure ... Read More
Malaysia My Second Home (MM2H) by Hansson
The Malaysia My Second Home (MM2H) Visa was initially introduced as a Retirement Visa for foreigners interested in moving to and settling in Malaysia. Basically it is a 10 year Social Visit Pass with Multiple Entry that allows you to go and come as ...
@DZINVESTThanks for that list, but isn't your foreign income taxable for most of those alternatives? Or in the case of Thailand and Indonesia, it is taxable and you aren't allowed to work?For people that aren't retired yet there really aren't that ... Read More
Why you shouldn't buy a 'freehold' villa in Bali by borborigmus
I'm not against the idea of expats living here in long-term accommodation. Far from it. What worries me is the tendency to advertise property here as "freehold", as if foreigners can buy property here in the same way as they can in their home ...
[Post under review] Read More
Why you shouldn't buy a 'freehold' villa in Bali by borborigmus
I'm not against the idea of expats living here in long-term accommodation. Far from it. What worries me is the tendency to advertise property here as "freehold", as if foreigners can buy property here in the same way as they can in their home ...
[Post under review] Read More
Transferring MM2H tp new passport
Now that the borders are open again I'm planning to visit Malaysia again, I recently got a new passport and I want to transfer my permit from my old to my new passport.Is that something that I can do without an agent (I assume nothing will happen ... Read More
Why you shouldn't buy a 'freehold' villa in Bali by borborigmus
I'm not against the idea of expats living here in long-term accommodation. Far from it. What worries me is the tendency to advertise property here as "freehold", as if foreigners can buy property here in the same way as they can in their home ...
Not completely true as a foreigner on a KITAS you can buy freehold just not for commercial purposes. But then again as a foreigner you can't use it for commercial purposes anyways whether it is leasehold or freehold. Read More
Which platform to buy stocks/ETF's (MM2H) by floaton
I was wondering if there is anyone else on the MM2H visa who managed to open a trading account in Malaysia? I was looking at Rakuten Trade myself, but it only seems to allow identity card holders. Any recommendations for other platforms out there ...
It wasn't difficult, just some basic questions (residency permit, identity, utility bills, bank account that kind of stuff). And I think minimum deposit was 5k but not 100% sure. Read More
Which platform to buy stocks/ETF's (MM2H) by floaton
I was wondering if there is anyone else on the MM2H visa who managed to open a trading account in Malaysia? I was looking at Rakuten Trade myself, but it only seems to allow identity card holders. Any recommendations for other platforms out there ...
Nobody replied, but in case anyone is searching Interactive Brokers seemed to be my best choice. Read More
Malaysia My Second Home (MM2H) by Hansson
The Malaysia My Second Home (MM2H) Visa was initially introduced as a Retirement Visa for foreigners interested in moving to and settling in Malaysia. Basically it is a 10 year Social Visit Pass with Multiple Entry that allows you to go and come as ...
@RKLA Depends on what you want, The big draw of MM2H is of course that overseas income isn't taxed and depending on where you live everyone speaks english. I for one never considered buying property in Malaysia, but not sure what the numbers ... Read More
Which platform to buy stocks/ETF's (MM2H)
I was wondering if there is anyone else on the MM2H visa who managed to open a trading account in Malaysia? I was looking at Rakuten Trade myself, but it only seems to allow identity card holders. Any recommendations for other platforms out there ... Read More
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
Also received my approval (375xx). Let's try to open a bank account now :) Read More