Thinking to moving to Malaysia for retirement

@suhailalalani

hello Suhail,

Welcome on board !

For what purpose are you looking to move to Malaysia ? Will it be for work ?

Regards

Bhavna

Hoping to retire in Malaysia.

@suhailalalani

Thank you for your quick response.

I have created this new thread on the Malaysia forum from your posts so that members can share some feedback with you.

all the best

Bhavna

I am in the same boat!  I have my MM2H, just need to decide when to hang it up at work.

We have been back to Malaysia each of the last two years to visit family (inlaws in Johor Bahru and Singapore) and to scope out possible homes in Penang and Johor Bahru.

I fell in love with a seaside condo in Penang but it makes sense to reside in JB too by the new RTS train station connecting Malaysia and Singapore.  The smart move is probably to rent at least my first year there but again that seaside condo was wonderful.  I figure that first year, I need to learn to drive completely opposite of what I am used to here in the States so renting makes so much sense.  I can also take my time and just soak in all that Malaysia has to offer us in retirement!

At the moment MM2H is a total shite pile - you need 9,000 USD per month income and a large capital investment. It is "under review" but no no one knows what is happening and loads of fake info online.

The cheapest, and best route, is to invest 2 million USD in Malaysia to get PR. It is overall cheaper than MM2H (as I write).

If you think that is a lot, then Malaysia is not for you. Thailand and Philippines are way cheaper to retire in.

@Nemodot

Ok, the framework of the new program HAS BEEN released so not sure why you think the updated greedy terms of the program are still going to be around.  They aren't.

I am sure some of the other countries in SE Asia are nice but do they have the same infrastructure and medical care quality that Malaysia can offer expats who are used to western standards?  Probably not.

@VWC it hasn't.  Some ravings of the usual ijiots in the government have been spouted  but I trust the expat mag judgement it hasnt

@suhailalalani MM2H / PVIP

@Nemodot How about he well-established Sarawak MM2H program? No PR (does Thailand or the Philippines offer that?) but Sarawak MM2H offers a 10 year visa (5+5) and you can purchase property if you wish.

The financial requirements are 1) a Fixed Deposit of RM300,000 (US$63,175) and half that for a single applicant [FD can be withdrawn by 40% for purchase or car or property, health care, or childrens school tuition)

AND ALSO ONE of the FOLLOWING

2a) proof of income/pension of RM10K per couple/mo (US$2100/mo)  ( and only RM7K for single which is  US$1475/mo)

OR if one cannot demonstrate monthly income 2b) Proof of a foreign savings deposit of RM100,000 (US$21,000) per couple (and. half that for a single ~ $11,500).

There are some additional financial requirements for those 30-49 years of age.

Affordable local health insurance, a health examination, and security background check and bond is required.

A Sarawakian agent or local sponsor is required.

https://mtcp.sarawak.gov.my/web/attachm … nfNLtj0tun

Sarawak offers a clean, low crime, and low stress mix of several Asian cultures (Mainly Christian Indigenous Sarawakians about 40%; Chinese about 30%; Malays (Muslim) around 30%). Beaches, National Parks, Museums, a wealth of Restaurants and Food Courts, Nature and Medical Tourism. Several Festivals and Music Events annually, but generally Sarawak is not a constant party scene with open bars, beach parties or nightlife scenes  24/7.  Modern malls, supermarkets, condos and internet connection.

One thing that seems to have been pretty much missed on this thread.

Malaysia is a nice country full of nice people. A good number speak English, so day to day life can be easier than in some other places.

    @Nemodot How about he well-established Sarawak MM2H program? No PR (does Thailand or the Philippines offer that?) but Sarawak MM2H offers a 10 year visa (5+5) and you can purchase property if you wish.
The financial requirements are 1) a Fixed Deposit of RM300,000 (US$63,175) and half that for a single applicant [FD can be withdrawn by 40% for purchase or car or property, health care, or childrens school tuition)
AND ALSO ONE of the FOLLOWING
2a) proof of income/pension of RM10K per couple/mo (US$2100/mo)  ( and only RM7K for single which is  US$1475/mo)
OR if one cannot demonstrate monthly income 2b) Proof of a foreign savings deposit of RM100,000 (US$21,000) per couple (and. half that for a single ~ $11,500).
There are some additional financial requirements for those 30-49 years of age.

Affordable local health insurance, a health examination, and security background check and bond is required.

A Sarawakian agent or local sponsor is required.

https://mtcp.sarawak.gov.my/web/attachm … nfNLtj0tun


Sarawak offers a clean, low crime, and low stress mix of several Asian cultures (Mainly Christian Indigenous Sarawakians about 40%; Chinese about 30%; Malays (Muslim) around 30%). Beaches, National Parks, Museums, a wealth of Restaurants and Food Courts, Nature and Medical Tourism. Several Festivals and Music Events annually, but generally Sarawak is not a constant party scene with open bars, beach parties or nightlife scenes  24/7.  Modern malls, supermarkets, condos and internet connection.
   

    -@cinnamonape

sUseless for mainland Malaysia as can only stay 14 days.