MM2H

Last activity 02 March 2024 by abdrahma

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caipirinha08Member02 January 2012 11:10:36

Morning again,

As I introduced myself in another post, now I have a few questions regarding MM2H.

Under 50, you need to put down a MYR300k and can withdraw in certain circumstances half of it after a year.
Over 50, MYR150 as a deposit.
If you are under 50 and put down a 300k, will you be considered the same as the one who is 50years old, once you reach this age, hence, leave only 75000MYR as a deposit?

Has someone experience with bringing in a car from abroad. New ones are very expensive in Malaysia or you buy the local brands.
An expat is allowed to bring in a used car. I would rather do this and drive a car, we probably never would buy in Malaysia because of the cost.

regards,

stevesoMember02 January 2012 12:18:12

You can check out this website for any of your questions.

http://www.my2home.info/index.php

abdrahmaNew member28 February 2024 14:48:46

@caipirinha08

Another option would be to purchase a car subscription. Insurance and routine maintenance all inclusive for a monthly payment. I use Flux and have 7 passenger small minivan paying $380/mo USD.

tomsanderson80New member28 February 2024 22:34:03

@abdrahma

Howis it going wiht FLUX?

I saw that and seemed awesome!

I guess it's more of a rental style, so no wonership, but as a structure it really looked amazing option

I'm in Penang, so I need to contact them if they will allow that to happen here

Thanks,

Tom

abdrahmaNew member02 March 2024 12:27:17

It's going well. They collect the ca

abdrahmaNew member02 March 2024 12:37:47

It's going well. They collect the car quarterly for routine maintenance that lasts less than a day. I had an accident but the insurance covered all of the repairs. Most rentals are higher than mine especially if you choose more expensive import cars.

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