Malaysia My Second Home Programme Upgraded

[Paul]

If anyone is interested, the Malaysian Government have upgraded their programme and it now includes an initial 10 year multiple entry visa which (quote)"allows you to come and go as you please".

The fresh incentives under the program implemented since 2002 in the country also included house and car purchases, tax exemption on pensions and foreign income brought into the country.

Participants aged above 50 years old are allowed to work part-time for no more than 20 hours a week in the approved sectors. Participants are allowed to do business and invest in the country subject to local regulations and requirements.

Their website uses words like "attract", "embrace" and "welcome" - 3 words you might not find on some 'other' countries immigration websites.

Their website is :
http://www.mm2h.gov.my/

[BKKSTAN]

Very inviting!If i wasn't married to a Thai,I would surely spend some time there checking it out!

[merchant seaman]

Sounds good. But must have some pit falls for sure.

[tigerryan]

It would be really nice if they also added the ability to buy citizenship and snag a second passport.

[aznyron]

requirement is 10.000 RM a month when you do the math it almost 3100 a month to steep for me
I used 3.25 to 1 USD

[merchant seaman]

Maybe we get get donations for you?

[aznyron]

http://wwp.greenwichmeantime.com/time-z ... rrency.htm
M/S start the collecting now

[merchant seaman]

Will start now. Please provide bank account# and PIN

[aznyron]

scb 0000xyz

[Pakawala]

aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time .

[BobHelm]

Calculate and compare currencies
Use the boxes below to convert between currencies.
Conversion results
10,000.00 Malaysian ringgits = 2,775.00 US dollars
Exchange rate: 0.277500
Rate valid as of: 29/4/2009
Currency rates are based on various publicly available sources. Rates are not verified as accurate, and actual rates may vary. Important additional information; please read.

[AussieBoy]

Live rates at 2009.04.29 09:25:38 UTC
1.00 USD = 3.58754 MYR
United States Dollars Malaysia Ringgits
1 USD = 3.58754 MYR 1 MYR = 0.278742 USD
10,000.00 MYR = 2,787.512 USD

[AussieBoy]

aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time .

That will be 10 Baht to the RM

[jetdoc]

At the moment Malaysia requires about 1.5 more dollars per month than Thailand. Seems Malaysia is shooting for the more high end retirees.

[aznyron]

aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time .

Brian your not wrong I just took the average which was 3.25 now we are getting a better rate I just did this one quick
I knew ti would not be a great deal of difference in the X rate

[aznyron]

the interesting thing about this topic is expats on this forum are looking for other alternatives
which is IMO health out look I tried to find some info on Vietnam but I had no luck next I will look for info on Cambodia in fact I have a friend living there he is a close friend to jing jai

[aznyron]

check it out some good info


Mod Note:
Ron - this thread is about Malaysia and their second home promotion
It is not about Cambodia or any other country.
Please start a new thread or add to an existing one if you wish to discuss Cambodia

[laphanphon]

if it was an option, it isn't, not going anywhere for at least 8 more years, but don't think i could deal w/cambodia. now malaysia sounds fine. indonesia and vietnam are out also, only loss to living in malaysia, not a big pork place, hmm, no republicans.

[laphanphon]

on second thought, all them prejudice and pre conceived ideas of islam, are surfacing. seems like if a non muslim, you get about the same treatment here, if not worst, being a foreigner in the court system.

The Malaysian constitution theoretically guarantees religious freedom. Additionally, all non-Muslims who marry a Muslim must renounce their religion and convert to Islam. Meanwhile, non-Muslims experience restrictions in activities such as construction of religious buildings and the celebration of certain religious events in some states.[64][65] Muslims are obliged to follow the decisions of Syariah courts when it comes to matters concerning their religion. The jurisdiction of Syariah court is limited only to Muslims over matters of Faith and Obligations as a Muslim, which includes marriage, inheritance, apostasy, religious conversion, and custody among others. No other criminal or civil offenses are under the jurisdiction of the Syariah courts, which have a similar hierarchy to the Civil Courts. Despite being the supreme courts of the land, the Civil Courts (including the Federal Court, the highest court in Malaysia) in principle cannot overrule any decision made by the Syariah Courts; and presently are reluctant to preside over cases involving Islam in any nature or question or challenge the authority of the Syariah courts. This has caused notable problems, particularly involving civil cases between Muslims and non-Muslims, in which civil courts have ordered non-Muslims to seek recourse from the Syariah Courts.

http://en.wikipedia.org/wiki/Malaysia

[bumper]

Calculate and compare currencies
Use the boxes below to convert between currencies.
Conversion results
10,000.00 Malaysian ringgits = 2,775.00 US dollars
Exchange rate: 0.277500
Rate valid as of: 29/4/2009
Currency rates are based on various publicly available sources. Rates are not verified as accurate, and actual rates may vary. Important additional information; please read.

Interesting thats really less then I bring in here every month, on the wife side of things. I never promised her I was staying in Thailand forever. One shuld go where the money goes. I goes with me.

I'm joking but no much, I worked a very long time to have a comfortable retirement and life. When I craok she gets the benefit od all that. So why shouldn't she agree to give me whatever years I have left where I feel welcome. That's not asking for much for someone getting a retirement at age 30 That she wouild have never had without or marriage at any age.. Malayasia is a short trip to visit and it appears to be easier to do from there then here. It is something to think about. Things really don't seem to be improving here actually just the opposite.