Well, the government can implement some sort of quota maximum by country then. The thing is though, your government is naive to think oh by just raising the requirements the rich and famous will find Malaysia sooooo desirable. Uh, no. Rich people do not like to be told what to do nor like to be told that they have to stay in the country for a minimum time. The rich will simply go elsewhere. Just look at how many people have applied since the change. A drop in the bucket.

@@vwchan841 You mainlanders can take your wealth & go elsewhere. We don't care. There are plenty of ppl who are interested to retire in my country without any motives.

@@Ribble.B087 First of all, not a Mainlander. Second of all, I think even you would agree that if you were promised something by your government and later it was changed you might be a bit salty about it too. Don't you think that people who made the commitment to Malaysia by selling everything to go there should not have been told at least initially that sorry rules changed now? What happened to credibility and your WORD? Worth pennies, apparently....

exactly, around 50,000 chinese went missing in 1 year, got in but never go out. this is unhealthy. Although we welcome hong kongoer or mainland, but need to take account the consequent towards malaysian poeple. I use to work in singapore 3-4 years back, the singapoeran malay, chinese, indian all united really have a negative perception towards the mainland.

@@darkreeze more than 1.2 mil since 2018 to 2021.

You are most welcome! 😊

Really? Wow

Thank you so much! I’m so glad you enjoyed it!

There’s is high chance the requirement will change back to older model. It’s mainly to deter mainland China people from destroying the market. Expat communities in Penang and KL/Selangor is always there to help your transition. There’s even vibrant German communities in Malaysia too.

be EXTREMELY CAREFUL, CONSIDER DEEPLY AND LONG before buying property as a foreigner. as a foreigner, there are multitudes of absolute horror stories of property deals/ownerships gone wrong that are still yet to be fully resolved decades later; even locals are not immune when their luck is bad enough. if you insist on buying a property, MAKE SURE YOU BUY ONE WITH A PROPER OFFICIAL TITLE (STRATA OR OTHERWISE) AND NOT JUST A CERTIFICATE OF FITNESS. beware of issues with property owners not paying strata management fees and trustworthiness of strata management not being responsible and accountable (failure to meticulously record ALL money collected and spent, be responsible and accountable for exactly how and why the money was spent in the way it was) is rife. am personally involved in such a situation myself - after decades, still no title and no resolution in sight; no trust in strata management and all those involved. DO NOT BUY PROPERTY UNLESS YOU CAN AFFORD TO WALK AWAY FROM IT or just buy a bare-bones cheap simple one you can afford to just forget about if the proverbial hits the fan (i'd just rent if i were you - let the property owner worry about maintenance and strata fees) as besides property woes, if/when it happens, it might coincide with VISA issues detrimentally affecting your ability to remain in-country to attempt to sort out the problems; and when issues arise, dont expect orderly, logical, fair, prompt operation of the various bureaucracies and legal system - its going to be even worse than whatever nightmare you can imagine. MAKE SURE YOU HAVE ENOUGH FINANCIAL STRENGTH TO CONDUCT LEGAL ACTION. even then, it's practically hit-or-miss; may well be just burning even more money. when $h1t hits the fan you'd more likely than not be met with excuses instead of positive constructive help. be prepared to even be blamed for your predicament even though you are clearly not the cause of it; you only were doing something and reasonably expecting things to happen as it should. the people who are expected to do their job and assist you to fix an oversight might likely even get really abusive at and be belligerent towards you ALTHOUGH often you'd be a little luckier and treated better if you clearly look and sound like a white caucasian foreigner. just to give you a little idea about how crazy things can get. i recently had an issue with getting my expiring atm card replaced. nothing unique or special in and of itself. an operation that has well established procedures that has been in existence for decades. it took me 6 months to get a refund for a fee i wasnt supposed to have been charged and actually get the replacement card in hand. the people i tried to contact at the bank just kept giving me the the run around parsing me from one department to the next with more not getting in contact with me. i couldnt get anyone to seriously attend to my issue always being given superficial insincere non-constructive appeasement that got me no where. when i finally got someone to actually begin to do something, these people didnt actually know what to do. along the process, i was actually told to sign away my legal rights and provide my PIN as requirement for replacement of expiring atm card. was just so close to actually reporting the whole card issuing department to malaysia's central bank and police. the bank manager eventually gave the lame excuse that there was just a misunderstanding; there was an actual form with clear wording and phrasing where no misunderstanding was ever possible. i had read reports of this exact same thing happening before. btw, refund came from a bank employee's personal bank account. this said employee was CC'ed in the email that involved the PIN request. one would normally expect a transaction note stating something like "Adjustment" or "Charge Reversal". HOW SUSPICIOUS WAS ALL THAT I ASK YOU...... malaysia can be a nice place to be and live BUT be extremely wary and ALWAYS ACT IN WAYS TO PROTECT YOURSELF AS BEST YOU CAN.

Prof. Zimmermann, Just a curiosity question, if it is ok with you, why is Thailand out of the question for you ?

@@dovoso5685 yeah... unless it's the language barrier.... with thailand....then again...its going to be that much more of an adventure. seems its really easy to get a 1 year retirement visa. financial requirement is only about USD30k. get that then use TH as a base and see how you like south-east asia. saw a guy take 1-2 days (once already in TH) to get this kind of visa through a lawyer-agent. remember though, you have to apply for a multiple re-entry permit on top of the retirement visa if have intentions on leaving TH within that 1 year otherwise retirement visa is voided once you leave and re-entry will be problematic.

Thank you so much! 😊

Living cost in sarawak little bit higher than Peninsular Malaysia...

petrol ron 95 with RM 2.05 per litre, so u can imagine the rest

😂

How heartbreaking to have that happen when you were so close to getting your MM2H. Have you thought of going for Sarawak MM2H?

Good advice! 😊

@@andrewtaylor4558 it is a pleasure sir. Don't forget to check your email 😆😆😆

Thanks! Yes, I forgot to mention the 90 days a year requirement to stay in Malaysia. If you are retired here of course that isn’t an issue. 😊

Yes, that was awful when people couldn’t come back during the pandemic. Living in any foreign country is always a gamble.

Agree...The costs do not currently justify applying for MM2H in my case....I just visit for a few weeks ..as I am doing now

Hmmm

Are you talking about Mainlanders from China? As I;m in UK and would like to migrate to Malaysia, own a home and land. Ideally work or open a business. I guess this is not possible?

You think he would have known this living there

I stand corrected

@@keithrogers9741 Next time, how about you watch the video before making a rude comment and making a fool of yourself?

@@Waingro808 I appreciate this KZfaq channel, and Yes I should have listened through the entire video. I did this right after I Made the comment then within a hour I wrote "I stand corrected." So either you did not read the entire reply or you did and love finding fault in another, like you have never did in your entire life.

@@keithrogers9741 You could have just deleted your post then you wouldn't have copped the not so nice flack

Hmmmm

Yes, I’ve been to Kuching, I loved it! 😊

I guess the only thing to ponder is for what duration a person on an East Malaysian MM2H program can stay in West Malaysia. Is it the normal 90 days that the immigration gives to most visitors or longer.

@@ariffinsalim2999 Under Sarawak MM2H you can stay in West Malaysia as long as you want. You are only required to stay in Sarawak for 15 days per year! 😊

@@andrewtaylor4558 thanks for the information.

Yes, a sponsor is an easy hurtle. I don’t know what agents are currently charging but 8 years ago I paid my agent $1,500 US.

It’s the pension income OR RM 150,000, not both for the Sarawak MM2H. 😊

@@andrewtaylor4558 Much obliged. I must say you do have your finger on the pulse.Very grateful for your advice.

Things might change. 😊

Sounds like a good plan. Best of luck to you! 😊

Thanks for sharing! I don’t know if any insurance agents that I would recommend. The prices are all over the place but still much less expensive than the US. I don’t think I have a good policy unfortunately.

Medical cost is only RM 1 for all Malaysians though imagine the doctor you see in Malaysia damn cheap

That’s what many people say. If you have that much money you probably would choose somewhere else to live. 😞

I promise that I will do the apartment tour soon! I lost my cleaning person tho so I have to clean up myself first! 😂

Let’s hope. 🤞

Yes I do. I own a condo in Florida that I am currently renting out.

That sounds nice 😊

Been to Sarawak...Not Good ..I Left after a month .. Moved to Cebu . Been here for 3 years and Loving it here .Best Decision of my life..

@@wahoowahoo2341 why not good? Been to both places Sarawak cleaner everything cheaper safer better food Of course no desperate women So I guess that's why you went to the other place

I don’t think approval takes that long but best to ask an agent.

Government offices open as usual during ramadan but we gonna have early & a week long public holiday for the Eid...

me too, any decent agents you can recommend?

Govt offices remain open during ramadhan, they just close faster.. ard 4pm instead of normal 5pm.. thats all...

Thanks so much! My Visa took 3 months but not sure how long these days. 😊

Hi, thanks for your question. I don’t think withdrawals from an IRA would count but I’m not sure. An MM2H agent would know though. That’s why I applied while I was still working in the US when my income was well over the requirement. Hope this helps.

I don’t think so but I paid my agent about US $1,500. 😊

My information isn’t current but I paid about US $1,500 7 years ago.

@@andrewtaylor4558 Thanks.

As mentioned in the video, Sarawak MM2H is rm 7,000 for single, rm 10,000 for a couple. 😊

@@andrewtaylor4558 Sorry for not being more clear, I was asking about the amount of the deposit, not the monthly income? From what I found online it is 300,000 for a couple.

I really didn’t think about the Philippines at all. Not sure why…

@@andrewtaylor4558 oh my goodness - you must go visit Philippines and give us a report :-)

It's not multicultural and, besides Makati, other areas are not as developed as Malaysia. Food is definitely not as good either!

Thank you! If you want to contact me email me at Taylorboz96@gmail.com

Yes, you can live anywhere in Malaysia, just spend 15 days a year in Sarawak. 😊

Exactly 😊

I’m not sure if any countries are restricted. I know people from many countries who have MM2H. Check with a MM2H agent.

That’s so funny, I am planning on starting a video on that today! 😊

@@andrewtaylor4558 yeah,glad to hear that.

The rules are always changing, unfortunately. I would check with an MM2H agent for the latest.

That’s a good deal! 😊

Check out the link for the Sarawak program for the most accurate info. 😊 smm2h.sarawaktourism.com/

Yes, at the moment you only need to spend 30 days a year in Sarawak. 😊

That’s a tough one. If money were no object, probably Italy or Malta, I would prefer some cooler weather. If on a budget, probably Ecuador. 😊

I don’t think so but check with an MM2H agent. 😊

Just an agent! 😊

Yes of course! My accountant does that and others I know too. Malaysia will not allow anyone on the MM2H program to work in Malaysia, possibly taking a job from a Malaysian. Online work is fine or any income coming from outside the country. Hope this helps! 😊

Well, you can get medical insurance here, I have it, but it’s only for hospitalisation. Simple eyeglasses are quite reasonable but my progressive lenses that get dark in the sun were about US $300, still less than I paid in the states but not really cheap. Check out my video on medical costs. kzfaq.info/get/bejne/sJhgqph939exZHU.html

Yes, it is sad but with a new government it could change. 🤞

Sorry, not sure. You should ask an agent. I recommend Alter Domus in Penang. 😊

@@andrewtaylor4558 Hi Andrew, You said you recommend Alter Domus in Penang (as being a good agent?) for someone asking about Sarawak MM2H? My question is, can you get any agent, anywhere, for any state? Is it easy to apply for MM2H, if you are 80? By the way, I live in Tampa Bay... and the cost of living here since Covid, has more than doubled.

@@Tao-ji2sb I don’t know if Alter Domus does Sarawak MM2H but they certainly could refer you to someone. 😊

Just the fixed deposit is what I have been told. 😊

I don’t think so but maybe someone else could jump in here.

I think they do now. I didn’t have it when I first applied. 😊

Yes, of course

I’m going to look into this myself and include it in a future video. 😊

@@andrewtaylor4558 GREAT, look forward to it!

Yes, you can’t be a permanent resident unless you marry a local. I think renting is the better, and less expensive option here though.

Yes, it accrues interest. The first couple years it was 3 % or more. Now it’s more like 1.2%. I don’t remember having a problem transferring the money but perhaps it was 3 separate transfers.

@@andrewtaylor4558 thanks reply

Me either. 😊

Nope 😂

Actually you would love Sarawak!

@@vikramganasen probably

@@vikramganasen I’ve been to Sarawak, I do love it. 😊

I don’t live in a serviced unit but part of the building has them. I have a cleaner every two weeks and I believe she works for the serviced units but cleans mine on the side. It wouldn’t be a problem to have someone full time though. 😊

@@andrewtaylor4558 Thank You Andrew ! 😀

No, you can live anywhere in Malaysia, you just have to spend 15 days a year in Sarawak. Check out this video! kzfaq.info/get/bejne/pN1xfbqH2NjNlGw.html

thanks

Oh my. I’ve removed the link for MM2H West Malaysia. I can’t imagine why it still has the old requirements on it. Anyway, check out the link to the Sarawak MM2H program, it’s much better. Good luck! I was in the same boat as you, I couldn’t begin to afford to retire in the US.

@@andrewtaylor4558 Hi Andrew, thanks for replying. Apparently you can still live in West Malaysia with the Sarawak one but apparently that might change from what I've read

@@bsways effective 01/09/22, Sarawak MM2H stay in Sarawak is 30days per year.

PH gov also suck.racist and make malaysia not harmony.

i hv to agree with this hehe

The new MM2H was necessary to curb the entry of a certain nationality who started flooding into Malaysia n snapping up properties esp land (durian farms come to mind)

@@Michelle-nb8kz Well, stop overbuilding and/or make the darn properties affordable so that actual Malaysians can afford them. Don't blame us foreigners for actually helping you all out! Both times when I was there, I was in desserted condo complexes. I had the whole building to myself it seemed like.

Hmmm... the rule is not from the PH Government but from the PN government which imcomes from the same root as the BN... It's a correctional move that PN do for BN.....

I believe so 😊

@@andrewtaylor4558 Thanks Taylor, I assume now the income per mo retirement and the 33K US deposit are BOTH required

East and West Malaysia have separation.

It's like the rules/laws between the states in the US, every states have different set of rules. But here only Sarawak and maybe Sabah that have a little difference in the rules, as in the Malaysian Agreement they were given the autonomous rights in their state management..

@@ashtriana1 Interesting thanks for the reply.I hope it stays and doesn't change. Sarawak looks like a great place to go. and set up a Home base to settle down .

Not since this video. Except in Sarawak. They only have hospitalisation insurance here. No dental either but the price is good. I pay about $80 a month for my insurance with Prudential 😊

@@andrewtaylor4558 I am bit confused now, what kind of health insurance they require for MM2H visa?

@@mrh9342 If you are really interested I would suggest you contact an agent. I recommend Alter Domus in Penang. You can Google them. Strangely, if you are over 60 years old Health Insurance is not a requirement. 😊

@@andrewtaylor4558 Thank you for the information.

I live in Ampang, about 3 kilometres from KLCC. 😊

@@andrewtaylor4558 should have stayed away from Klang Valley when you are retiring, that is a lot cheaper

Thank you. I prefer to look at it as no place is perfect. Certainly the US isn’t. 😊

I am not sure what happened 20 years ago but I was in Pulau Redang Trengganu in 2017 with my family and friends from Switzerland and we had no problems at all. Strange that you mentioned Iran like? My friends from Switzerland, male and female alike, wore the same how they would wear in summer in Europe and they had no problems at all. So, I think things have changed since 20 years ago, even then I did not experience what you did. It is very odd indeed what you just wrote. I would not want to go into corruption and land reclaiming problems but on that Iran like, I cannot concur with you.

Nope, is he someone I should know?

@@andrewtaylor4558 Hes a famous vlogger in The Philippines..

👍

Not yet!