Laundry or Car wash & Automobile Business forMM2H

Last activity 16 June 2020 by faraidon

264 Views

2 replies

Post new topic

faraidonMember15 June 2020 18:35:40

Dear all

i really have plan to move to Malaysia with family (I'm 47 years old married from IRAQ with two kids 16 years old son and 10 years old daughter both need go to school too) under MM2H or business VISA so here i ask experts in Malaysia:
- can i open business under MM2H program if i apply, and is Laundry or Car wash & Automobile which you advice.
-how much cost if open Laundry (personal or coin laundry better) and car wash how much cost.
with these business can i life nicely with family of 4 my son will be going to college after a year

thank you

cinnamonapeVIP Member16 June 2020 03:27:58

715

One of the key rules of MM2H is that you cannot work. They allow you to be an "investor" but there are all sorts of requirements that constrain anything "on the floor". It requires a Malaysian partnership...you can only collect the dividends.

There are investor and business visas but you need certain amounts of capital must hire local employees and other things...short term visa..and only in certain sectors of the economy (mainly areas that a local cannot do). I don't know much about that option.

faraidonMember16 June 2020 15:15:04

thank you for your informatons

Articles to help you in your expat project in Kuala Lumpur

Moving with your pet to Malaysia
If you have a cat or a dog that you cannot part with, transporting it to Malaysia is an important decision. ...
Relocating to Malaysia
If you are only moving to Malaysia for a short time, it may be worth considering furniture storage while renting ...
Kuala Lumpur's neighbourhoods
Kuala Lumpur is a real megalopolis, surrounded by suburbs and neighborhoods so different from each other that they ...
Buying property in Kuala Lumpur
When you plan to move to another country or another city, your first concern is undoubtedly where you are going to ...
Getting around Kuala Lumpur
One of the advantages of moving to Kuala Lumpur when settling in Malaysia is the quick access to many facilities ...
Universities in Kuala Lumpur
Kuala Lumpur is ranked second in the world in terms of affordability of higher education. The city is a thriving ...
Accommodation in Kuala Lumpur
The city of Kuala Lumpur offers a wide range of accommodation options. Many expats opt for luxury condominiums or ...
Working in Kuala Lumpur
Kuala Lumpur is a fast-paced city, where work is often at the heart of people's lives. As Malaysia's most ...