Why I'm NOT Retiring In Malaysia
Рет қаралды 135,603
Күн бұрынI'm not planning to retire in Malaysia, here's why.
INVESTING
► Webull (free stock) kvli.link/webull
► moomoo Futu SG (free stock) kvli.link/moomoo
► Interactive Brokers kvli.link/ibkr
► Tiger Brokers (free stock) kvli.link/tiger
► uSMART (free stock) kvli.link/usmart
► POEMS Cash Plus kvli.link/poems
► moomoo US (free stocks) kvli.link/moomoous
► Syfe kvli.link/syfe
► Seeking Alpha (offer price) kvli.link/seekingalpha
ROBOADVISORS
► Endowus (free $20) kvli.link/endowus
► Syfe kvli.link/syfe
► MoneyOwl (free $20) kvli.link/moneyowl
► StashAway (50% off fees) kvli.link/stashaway
► AutoWealth (free $20) CODE "Tan Kel Vin" kvli.link/autowealth
CRYPTO
► Gemini (free $10) kvli.link/gemini
► KuCoin kvli.link/kucoin
► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp
► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange
► Coinhako (20% discount) kvli.link/coinhako
► Luno (free $5) kvli.link/luno
► Coinbase (free $10) kvli.link/coinbase
► Independent Reserve kvli.link/independentreserve
► Ledger kvli.link/ledger
PAYMENT
► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust
► Instarem Amaze CODE "plTefu" kvli.link/amaze
► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup
► ipaymy kvli.link/ipaymy
► GooglePay (free $3) CODE "eo13e2v" kvli.link/googlepay
► Revolut kvli.link/revolut
► YouTrip (free $5) kvli.link/youtrip
► BigPay (free $5) CODE "QBHVUHL7HU" kvli.link/bigpay
► Wise (free transfer) kvli.link/wise
► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus
► DBS Paylah (free $5) CODE "AHVULE614"
► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave
LIFESTYLE
► EverDesk Table (up to $145 off) CODE "22+KLI" kvli.link/everdesk
► ErgoTune Chairs (up to $30 off) CODE "22+KLI" kvli.link/ergotune
► Bokksu ($15 off) CODE "KELVINLEARNSINVESTING" kvli.link/bokksu
► Qoo10 kvli.link/qoo10
► Shopback (free $5) kvli.link/shopback
► Planner Bee kvli.link/plannerbee
► Envato kvli.link/envato
SOCIALS
► Instagram kvli.link/instagram
► Telegram kvli.link/telegram
► Twitter kvli.link/twitter
0:00 - Intro
1:24 - Pros of retiring in Malaysia
5:23 - Cons of retiring in Malaysia
11:20 - My thoughts
None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
@jailanimerchant9764 Жыл бұрын
I am a Singaporean who is now comfortably retiring in Malaysia, Cyberjaya. I have worked in Singapore since 21yrs old and have quit Offshore Oil and Gas industry when I'm 41yrs old in 2018. I was fortunate that I earned USD before and have built 3 passive income from Restaurant franchise in Australia, property rental income from Spore and Stocks & Derivatives income. I feel that Cyberjaya is safer compared to JB and more well connected. Malls, Restaurant, Infrastructure, International School and Medical are excellent too. Its nice retiring here. Those with similar interest can consider Cyberjaya.
@pekmenstore3406 Жыл бұрын
Best thing in cyberjaya, no macet2
@jdfd4906 Жыл бұрын
Mount kiara better
@Tom-cf5lk Жыл бұрын
I knew one Singaporean who gave up his citizenship and moved elsewhere. Now he is having a good life after claiming his CPF . It’s not because Singapore is not good but cost of living is just too high for certain people .
@izounokuda5461 Жыл бұрын
KL ppl wont like Cyberjaya..bit on the outskirt. Puchong better. .more places to makan but traffic heavy.
@brandenburg2388 Жыл бұрын
Nice to hear of your sharing and experience living in Malaysia. Hope that you will continue to enjoy your retirement years here.......
@vwchan841 Жыл бұрын
Well, you don't know what you actually have there. I am from the San Francisco/Bay Area, yet I want to retire in Malaysia (I can afford to live pretty much anywhere). While it was only a month, my time there recently was wonderful. Penang has everything I would want and more. Great food, warm people, general safety (no guns) and enough privacy that I can just hang out and relax.
@djtan3313 Жыл бұрын
I’m happily retired in kl!
@DarkPa1adin Жыл бұрын
What about Grand Rapids?
@vwchan841 Жыл бұрын
@@DarkPa1adin Can't get really, really good Thai food for under 5 bucks....
@byteme9718 Ай бұрын
No guns? Hahahahahaha!
@DesChew Жыл бұрын
I have spoken to many people on this topic and it boils down to personal preference. In general, the young ones (age 18-35) prefer Singapore as there are more job opportunities based on one merit regardless of your background. Strong SGD is good for purchasing luxury goods or traveling abroad. Single, or ladies would feel safe as one can walk alone at midnight. The downside side if one loves driving, a car is a privilege here. (driving for a short getaway for outdoor activities like hiking, beaches etc). Community bonding is stronger in Msia I personally felt. When one gets older, it is easier to retire in Msia as one could still get around with a small used car, the pace is slower, and lots of good hawkers stall still remain in smaller towns as rental is cheaper to sustain for a long term. If one is disciplined and manages own EPF well, it will be good news. In short, one needs to attain certain affluent to retire comfortably in Singapore. In Malaysia, one can still downgrade your lifestyle on food spending or lowering purchasing power. But you still get a good roof over your head with decent size and a small car to move around when old. This is an unfair advantage as Malaysia has bigger space and less costly land in the rural areas.
@jaceyong2710 Жыл бұрын
There is pros & cons living in Malaysia. However if you compare overall with Singapore. It is still better and much cheaper retiring in Malaysia.
@omaronnyoutube 4 ай бұрын
I agree with you on this one.
@daniel98890 Жыл бұрын
Sg is a good place to work … but can’t beat Malaysia for quality of Life … Malaysia is just more relaxed and easy going …
@izzuddinmnasir4884 Жыл бұрын
Depends on what type are you working, i dont consider relaxed if i worked 5 and a half or 6 days per week. Plus, the salary alone cant make a living
@KalsomWalimohamad 25 күн бұрын
totally agreed! 5 star hotel is much cheaper in KL. I live in US now, cost of living in Singapore is the same as US, not worth it, and to be honest, KL is a lot more fun, Malaysia in general has a lot more to offer!
@HoneyMoneySG Жыл бұрын
I'm the HoneyMoney guy who talked about retiring in Malaysia on my channel and I agree with Kelvin's message in this video. There are always pros and cons living in each country, and no place is 100% perfect. So don't just look at what is nice on the surface and make a huge decision. Maybe stay for a longer period then see if you really fit the life there 🥳
@KelvinLearnsInvesting Жыл бұрын
Hey, that honey money guy who wants to retire with $1M at 35!!
@MaxJoseph999 Жыл бұрын
Chris is everywhere with his comments!
@InvestingManiac Жыл бұрын
@@KelvinLearnsInvesting He will need to postpone if he "unintentionally" made a kid🤭
@winstonoml Жыл бұрын
You set back your next generation by going back to Malaysia long term.
@seandaniel3994 Жыл бұрын
All the hassle is worth if I'm able to stretch my dollar there while earning sgd dividend and investment return.....my opinion
@lindadorman2869 Жыл бұрын
At age 62, I plan to retire to Malaysia in early 2023 but spend a few months each year in other countries as long as I'm healthy enough to travel. My career took me to 40+ countries over the past 30 years so I know what to expect and for me, Malaysia is the ideal low-cost home base. It will certainly be safer and less corrupt than living in America.
@djtan3313 Жыл бұрын
A comment from an experienced person.
@du-me-Utube-1975 Жыл бұрын
I heard that MM2H has changed and requires Foreigners to have a monthly income of 40,000 Ringgit and a bank account of 1.5 million Ringgit. Is this correct?
@billyjackwashburn6970 Жыл бұрын
Check
@billyjackwashburn6970 Жыл бұрын
We are on the same page. Same age, also planning to retire in Malaysia in January 2023. Going over in January to visit for 2.5 months and check out the possibilities 👌
@vive928 7 ай бұрын
how about Okinawa, Spain, portugal, Bali & vietnam?
@addieadnan669 Жыл бұрын
Thanks Kelvin... as a Malaysian, i do always believe Malaysia is the best place to live & retire... however if there are any other people(malaysian) who want to move elsewhere, i think it's fair to them to do so...
@alberthuat5748 Жыл бұрын
those with not enough money surely migrated
@TheMightyBeer Жыл бұрын
I am retired here in Malaysia, On average I spend around USD 2200 per month living the good life here in Sarawak. What you are comparing to is city life.
@StephenChongProperty Жыл бұрын
My hometown 😀
@cthgbs6267 Жыл бұрын
What country are you from ? 😉
@anyhowsay8659 Жыл бұрын
Hi kelvin thanks for doing this video. This question of where to retire has been plaguing me for along time. I love singapore and malaysia. Each has its attractions.
@eiooops Жыл бұрын
I am a Singaporean whose stress level goes down the moment I cross the causeway into JB.
@rokawahakim6817 Жыл бұрын
my stress lvl goes up while crossing the causeway and at JB customs :D
@compass_128 Жыл бұрын
Not safe
@ThankyouIgotit Жыл бұрын
Sir, after watching KZfaq on retirement in Malaysia very inspiring and factual. I like to seek your opinion between retiring in Thailand and Bali , any great opinion... appreciated Bob
@patrickjebireden1286 Жыл бұрын
Hahahaha....your ego; surely gotten arouse too :))) He She...She He all got one here and there.
@patrickjebireden1286 Жыл бұрын
@@compass_128 Not safe? You're paranoid.
@AmiynalAnsare Жыл бұрын
I guess since I moved to KL, I will retire here. I don't think I could return to America to retire as financial security is uncertain. I like it here in Malaysia; my standard of comfort as an American is attainable here, and my Islamic values are normal in Malaysia vs how strange I was seen in my own country.
@hotlime Жыл бұрын
Maybe your experience with malaysia is mainly places like ipoh and Penang, I can understand why you won’t want to retire in Malaysia, those places are very boring and troublesome to me too. As a Singaporean who has been residing in KL for the last 2-3years, I actually grow to love this place. Organic vegetables and quality meats are 30-50% cheaper than SG, nice condo are cheap ( whether rent or buy) for retirement too. Accessibility and travelling? Stay at places like Bangsar, Mont Kiara, Hartamas - so convenient and so many things to do. I really enjoy my life here but it is still a tight choice between SG and KL to me, especially for the sake of children. For myself, pure retirement wise - KL is a great place and it’s sad you as a Malaysian don’t realise that. I have so many Koreans n Japanese neighbours who love malaysia ( particularly KL) so much.
@limbehh8494 Жыл бұрын
Good for you but the government suck !!!
@hotlime Жыл бұрын
@@limbehh8494 wouldn’t deny that.. we were even talking about how in many countries when you are in trouble, look for the police.. but not in malaysia, run far away from them. Lol. That being said, it doesn’t discount Malaysia being a beautiful country, especially for retirement.. while I appreciate our SG government, there are bunch of Singaporeans eager to complain SG gov sucks too. Green seems greener on the other side isn’t it? Anyway, my issue with this video is it’s does not do malaysia justice as an retirement place, not properly thought out/ researched, just another video to generate content. PS. I enjoy my life both in SG and MY. I feel one just need to learn to appreciate what we have, plan and enjoy the journey.
@forevergraceful6160 Жыл бұрын
@hotlime totally, KL is one of the best retirement cities. Friendly people, cheap organic food, safe. Adding to that, public transport is super good here with MRTs, LRTs and even free GO KL buses (which city council in the world does that??). My only regret is not coming back here much earlier 😃
@tg988 Жыл бұрын
Good for you. You’re really stretching the dollar. The children can attend international school if you can afford it. It is expensive and limited placement because other expat communities are also vying for the spots. There are only two international schools in Mont Kiara. However there many in KL i.e Ampang, Wangsa Maju, Setapak etc. There are also French schools that can carry them to French speaking countries. They can work anywhere in the world.
@gisellelee9563 Жыл бұрын
@@hotlime 💕
@rafiqmuhamad8251 Жыл бұрын
To be honest, once you hit 50 years old, you would not be thinking about stay in as many countries as you want, talk to their local and enjoying their food. I have been living oversea for many years, it is not easy especially when you don't have large support group. I know people who migrated to Australia only to return after 3-4 years, citing loneliness as the main factor. Living in some foreign countries may sound exciting, but the truth is that fun as it appears to be.
@choonhockong8215 Жыл бұрын
Agreed, loneliness, and in most Western countries racism. Too cold climate also no joy especially for older people. Miss local food.
@compass_128 Жыл бұрын
@@choonhockong8215 agreed
@Lilylee2202 Жыл бұрын
You are so right. I’m in U.K. for over 16 years now and I’m so lonely but I have to be strong as I need to be here for my children the youngest is 10years old so I can’t wait until he finishes his A level I definitely go back to Indonesia. U.K. is great country but the people as cold as their country, the food don’t ask me😢
@crystal2484 Жыл бұрын
We had plans to retire in Malaysia and even bought a house near the 2nd link, just in case of medical emergencies, we can still go back to Singapore. As always, we went over during weekends about once or twice a month but I fell sick on a recent trip, we only stayed there a few hours because I missed my fall-sick food in Singapore. There isn't a lot of good food around the 2nd link and we didn't want to travel across town due to floods since we aren't familiar with places in JB on the whole. Somehow, the trip made me realise that I'd be worrying about the food selection when we retire. 😅
@Lilylee2202 Жыл бұрын
@Crystal you are very lucky just a few days in a month but I have been over 16years my tummy never received good food 😭
@davidyoung7869 Жыл бұрын
Young man....hope you don't regret what you've said here. Life works in mysterious ways. Never say never.
@beeyunwong1445 Жыл бұрын
Yes. You are too young to give such advice
@user-cn5ri5he4c 6 ай бұрын
Thank you for the nice commentary.
@savagemp5 Жыл бұрын
Enjoyed your well compiled advices on MY. Hope to hear some off topics stuff other than investing.
@kpkhoo Жыл бұрын
Dude, you missed out on social/family ties - on why we choose to retire in Malaysia. We are probably going to choose Ipoh. And dude, we don't need 10k a month. I can't finish using 2.5k. Food is just 5 min away and it's everywhere. Delivery cost is just 2-3RM. Parcels through online shopping take less than 2-3 days. Not so bad lah
@georgequek7996 Жыл бұрын
Thanks Kelvin for the great video about malaysia, but i still love my home SG Bagus !! 👍👍
@Junebert Жыл бұрын
That’s a surprise! Good a see a fellow Ipoh guy representing us in the personal finance market here!
@wenwyn105 11 ай бұрын
Thanks for being so objective! It helps a lot. And you're pretty funny too. 🤣
@AllAboutLifeInThailand Жыл бұрын
I checked out Bali, Malaysia and Thailand 13 years ago and when weighing the pros and cons, Thailand won hands down. I moved to Chiang Rai, 12 years ago and will never leave.
@Eugene-cd9qn Жыл бұрын
agreed i've worked and stayed in most of se asian countries with the exception of laos and if I want to migrate from singapore, thailand will be my top destination followed by maybe vietnam or indonesia. but i doubt i will ever retire anywhere else other than singapore.
@alantew4355 8 ай бұрын
What made you choose Chiang Rai over Chiang Mai and other cities?
@AllAboutLifeInThailand 8 ай бұрын
@@alantew4355 cleaner air, less traffic, less scammers and friendly people.
@calitaco 6 ай бұрын
@@AllAboutLifeInThailand How much would you say you spend per month living in Chang Rai?
@tanveiiting3288 Жыл бұрын
I have been working & travelling in SEA countries past 30 years, semi retired. Preferences for Msia/Spore, other SEA countries are based on personal circumstances & life experience. But generally, if one prefers familiarity with English speaking world, big living space, cheap living with reasonable std of living, Msia stands out Vs other SEA countries. Many foreigners like to live in new places with some similarities to their own place of origins. Sporeans no different, and many non/retirees see Msia as less developed Spore with 1/3 living cost + reasonable living std + variable food/places to go. Bribe culture? that's not unique to Msia, or other SEA countries, not even the West. Why do you thinks Spore-KL flights was most busy in the world & 500K people crossing the straits pre-Covid time. Discriminations? There's always discriminations in 1 form or another against foreigners Vs locals, on planet earth, worst for Asians/non-white living in the west.
@fxorigins6624 5 ай бұрын
so the question we want to knw: which is best in your opinion? MY or SG ?
@johnwig285 Жыл бұрын
One thing for sure is dont mistake the good times u experience as a tourist as a indicator of the country. E.g. good food, many activities, "cheap" petrol blablabla shouldn't be the reason why u choose a certain country to retire in. Healthcare should be one of the priority.
@cookingwithadamkahnandlixu2718 Жыл бұрын
Great information. Thank you.
@marcwong9207 Жыл бұрын
I love KL so much that I bought a condo in Mont Kiara for my early retirement (lack of a better word). Once my youngest daughter is in University then I will move over from Hong Kong and stay most likely 9 months per year. It's totally financially sound since my rental income will support my lifestyle in KL. The food is excellent, people are friendly, and the language spoken is either English, Cantonese or Mandarin. Green fees are super cheap in Malaysia with excellent golf courses around the KL area. But the most important thins that's warm all year round!! HK is currently 10 degrees celsius which is damn cold and I grew up in Canada.
@ajipungut7225 Жыл бұрын
Thanks Kelvin. I do agree that it is a big and wide world with hundreds of places to retire. Presently I am considering Labuan Bajo, Indonesia a new paradise city in Indonesia. Although it is quite far , 2 1/2 hours flight from Jakarta, there is already a lot of developments meaning it is becoming very expensive to live there.
@jamesgan4425 Жыл бұрын
We can get passport done in 1 hour in Malaysia now (except peak period of course). Also, you don't have to bribe if you you do nothing wrong and you are polite.
@forevergraceful6160 Жыл бұрын
yepp, exactly, you don't hv to bribe and bribery is a crime.
@gwenleesl Жыл бұрын
I would not retire in 1 country...best is to make Singapore as the base hub and move around the SEA countries across Malaysia, Thailand, Indonesia (bali) while mobility is still possible. Once you start to hit old age like 70 years old and above, you would want to be around families, friends, familiarity of the place and good healthcare system so back to the base again.
@thinkie12 2 ай бұрын
I agreed with you especially the last sentence.
@SingaporeGregory Жыл бұрын
Make another video in 30 year's time when you've lived in a few more countries, experienced the problems associated with living in any foreign country, tried to keep warm in harsh winters with escalating energy costs, experienced racism because you *are* a foreigner (btw, that's endemic in any culture), and getting to grips with only seeing your family every five years because you do live so far away. Singapore, by then, will have 20% GST (like the UK today) and I guarantee you will be seriously considering RETIRING (not driving an hour to your office every day!!) in your home country where your citizenship guarantees you permanence.
@hsalimoman Жыл бұрын
Totally agree with you.. I have lived in many countries including US, EU, Japan and ME and what you have mentioned is ABSOLUTELY correct..
@daimeili8772 Жыл бұрын
Also the covert racism wherever you go. It really gets depressing after a long time of living in a western country and no matter how hard you try to assimilate you will never be equally accepted as fully part of the society.
@forevergraceful6160 Жыл бұрын
Wisely put 😀 btw he has forsaken his Malaysian citizenship so she is no longer his home country.
@chrissieng8146 Жыл бұрын
I agree. Born and bred in KL, I have studied and lived in Melbourne, travelled and stayed in Christchurch, New Zealand, worked 7 years in HK before the landover, Beijing in year 1999-2000, travelled extensively to Tokyo, Singapore and West Coast, US. Worked for British and American MNCs. As you said, racism is endemic in any culture, even in HK and Singapore where a Malaysian Chinese is somehow a lesser being. Malaysia wins hand down as the retirement home for me, although I could have migrated to Australia or New Zealand. When you have money, why live in Australia or any other country? Just travel and stay for any period of time as vacation. Malaysia has it all, great weather (if you can handle the humidity and heat, no major natural disasters, great food, people are friendly, Malays, Chinese, Indians, etc..
@neway518 4 ай бұрын
@@chrissieng8146even in China, one would think it wouldn’t be too hard to “blend” in for a Malaysian Chinese, but no, mainlanders are very territorial, even in small cities, the locals are jealous of people from other parts of China who work or have businesses there.
@MrMilleno 7 ай бұрын
Awesome video 👍
@patricklee2799 Жыл бұрын
I once worked in Spore in the 1990s. After 5 years I decided to go back to work in KL. Yeah Spore is nice, modern & advance but after so long coming back to Msia I have no regrets. Soon will be retiring in a few years time & still have my cpf monies in Spore.
@wmokk 7 ай бұрын
Each to their own. Never listen to anyone on KZfaq. Assess your own needs and requirements. Then decide for yourself. Only you know what is best for yourself.
@cassidy1672 Жыл бұрын
As a Malaysian living in Singapore, I agree with you. I won't choose to retire in Malaysia for the same exact reason too.
@forevergraceful6160 Жыл бұрын
good for you but i am happily back in KL and never encounter any negative issues he mentioned. Also, we are going to have our 5G sooner than you all imagine.
@BestYears2BestPlaces Жыл бұрын
Nice presentation 😃 rager to visit SG and Malaysia soon
@husnyjeffrey Жыл бұрын
Good one. As you mentioned, every country has pros and cons. We should determine the country to live in or retire from based on what is most important to us. I am a Sri Lankan who has been living in Singapore for nearly five years now. What I feel is that Singapore is almost a perfect country. Yes, there are some challenges in Singapore. But I think Singapore’s safety & efficiency are not tradable. Want to have good food or want to visit a good place? Just take a cheap flight and go to a country around SG. Also, if you are an active person, Singapore is one of the most excellent places to form a business and earn big money.
@starshine9836 Жыл бұрын
My antenna can drop down, and I don't need to carry my bag in front or put my bag on the inner side of the road ( I never knew I had to do this when my msian friend reminded me to shift my bag in when we are eating at the corridor of the resturant, hanging my bag behind the chair, "here is not SG"- right from his mouth🤣) I can safely walk at night in most areas in sg alone, and most places are lit, at least my hangout places.
@gkhlim75 Жыл бұрын
i think got something wrong. the topic is about retirement. how do so many of the points brought up have anything to do with retirement? honey's video is focused on topic. this one lari topic kau kau.
@matthamid657 Жыл бұрын
😂
@forevergraceful6160 Жыл бұрын
Yeah you nail it bro! He should change the topic to working in Malaysia rather than retirement, pretty misleading title.
@dksharron Жыл бұрын
A wonderfully fair, balanced and informative video. I first visited Singapore and Malaysia in the late 80s, have been back and forth on visits between them and Vietnam and Cambodia while living in Thailand for the past 35 years. Thank you for the time, effort and humor. More info on the dog shop-keeper next time will be appreciated.
@labopanalop2016 Жыл бұрын
I have been PR much longer than you, over 35 years. The reason I stayed here is because of good governance, strong SGD and hence better pay and despite inflation spiked over last few months, the inflation in SG is lower than Malaysia. And most importantly English education. Singapore is good for employee. Malaysia is good for businessman. Malaysia is not as dangerous as the focus of SG mainstream reported it. The US and many cities in Europe are a lot more dangerous.
@forevergraceful6160 Жыл бұрын
Nah, you can have English education here in the international school or simply home-school your kids. Agreed Malaysia is safe. I was PR in SG but have been back in KL and never regret a single day.
@shastasilverchairsg Жыл бұрын
Why is Malaysia good for businessmen?
@tg988 Жыл бұрын
Yes, businessmen prefer Malaysia. Low operating cost. For earning salary Singapore is better
@leealex24 Жыл бұрын
Malaysia is ranked 20th most peaceful country globally according to Global Peace Index. Those who comment clearly don't know what they're talking about. It's very safe in general, and in fact, one of the safest in the world!
@alberthuat5748 Жыл бұрын
employees are for pessimistic people...better to be employer to guarantee continuous income in Malaysia...wait until you retire or get fired from your job then you will understand
@mengpootan5296 Жыл бұрын
Thanks Kelvin. I am a Malaysian living in Johor Bahru, so there is that pros and cons as in living anywhere in the world. I am very upset with this bribery business and would pay the fine than to give a bribe. I do feel for the average Singaporean who just want to have a good time here, taking advantage of the strong dollars. But then faced with some of these unpleasant experiences.
@nathancyyam2245 Жыл бұрын
I agreed
@hockchweeong9883 Жыл бұрын
I Know Many Singaporeans Retire In Perth Or Auckland Which Are Actually Cheaper.
@tenga3tango Жыл бұрын
@@hockchweeong9883 i appreciate your effort to divert some retiree traffic to orher countries, i dont want to many foreigners to come and retire here and pay no taxes yet enjoy good stress free life while locals have to struggle like slaves
@hockchweeong9883 Жыл бұрын
@@tenga3tango When You Reached Retiree Age, Retiring Does Not Mean Living Life Stress Free!! Many Retirees Apart From Being Financial Sufficient. LOOKOUT For. MEDICAL facilities For Ttheir ELDERLY needs.
@bentan8610 Жыл бұрын
you're funny and informative. good job bro. ipoh is a relaxing place with funny ppl. :)
@randomterror7 Жыл бұрын
Nice video Kelvin! Singaporeans should stop saying Malaysia is cheap. I find that offensive. Try working in an average job that pays in ringgit and live in in KL or JB and people will realize that it’s damn expensive. It’s so much easier to save more in Singapore despite the higher cost of rental (no need to own a car as well).
@johnwig285 Жыл бұрын
I'm sorry that you're offended over common sense. This is abt relatively, obviously it is cheap for Singaporeans who shop there, u think Singaporeans dont know it aint cheap for Malaysians? Come on give us some credit as if we are that dumb. Should i go to Zimbabwe and say it is expensive for tourists just because ppl living there are struggling?
@randomterror7 Жыл бұрын
@@johnwig285 apparently no many Singaporeans don’t know it ain’t cheap for Malaysians I’m sorry. That’s how insensitive many Singaporeans are.
@limbehh8494 Жыл бұрын
@@randomterror7 I am a Singaporean and I never say the word cheap but instead I used "reasonable".... heehee. So that the shop owner will not increase the price. Plse shop smart. Cheers
@wjj7488 Жыл бұрын
Cheap ? Many imported items in Malaysia are simply 3+ times eg S$5 here but RM16 or more . Even Malaysia Farm Fresh 2L fresh milk is RM 15 in Malaysia but S$5 here . I am also happy to pay S$1 for RM2.60 Coke Zero @ Value$ .
@limbehh8494 Жыл бұрын
@@randomterror7 well say... sometimes I felt sorry for the Johorean.
@franzeliz 9 ай бұрын
Hi, Kelvin. Thank you for your video. I hope you'll find somewhere you really love when you retire! As for me, I hope to plan in Malaysia. Who knows. I'd like to retire in the countryside and have a yard where I could run, garden, hang out with friends and family, and have animals. New Zealand is a nice place to retire, by the way, especially if you're thinking about settling down on the South Island. Have a good day! 😃
@SECrypto Жыл бұрын
Currently I'm living in Msia back n forth to SG I'm fully working online and income is in Crypto ≈ USD so for my case living in Msia is cheaper and saving up for BTO in Singapore 😂 Final goal to retire is around the world.
@melwee8511 Жыл бұрын
No wonder I always 'LIKE' your videos...U from Ipoh ! I LOVE Ipoh very much. Many friends from Ipoh and met many Msians from there, ALL very nice! :) Ipoh -nice place and food!
@hummit Жыл бұрын
Only when you reach retirement age then will you be able to decide. Old folks want to be near their children and grandchildren. To them, it's not about the money or the food or the travel. Old folks are vulnerable - security is very important - got money no life also no point. Lastly, one must be able to feel at home, at ease with their surroundings, in company of friends. At that age, you will have different priorities, and it will not be about money, or even youself.
@thinkie12 2 ай бұрын
You are spot on.
@blueant555 Жыл бұрын
I even live in KL running around Penang and Johor for one year and I totally agreed what Kelvin had share 👍!
@leosorbello7732 Жыл бұрын
I lived in Johor ,what your saying is 100% true. There are more details to this pod cast about Malaysia,but IV notice it's different in other parts of Malaysia .
@ezwansafri8006 Жыл бұрын
you are so entertaining,keep it up
@parody9930 Жыл бұрын
Also depends how retirement in another place is defined. One can park their assets in sg with its strong dollar, but reside in other countries, 3 months in one part of Malaysia then 3 months in Thailand etc...
@ringotan5244 Жыл бұрын
Good subject, data, information and reference, Thanks! What is your recommended country for retirement ? What is the visa requirement?
@saifulrizan8067 Жыл бұрын
For me it’s a matter of personal perspective. What’s good for you might not be good for others. As long you as you can stay and enjoy conformably in your retirement years it’s fine where you are. Also money talks, the more you have and the more and where you can stretch it’s usefulness is the better. Regarding racism and bribery, any country have it. Some says in Singapore the local Chinese is the top, other races are second class. Some says in Malaysia the local Malay is the top, other races are second class. But the super wealthy always on the top 😅. If you are a foreign tying to either stay in Malaysia or Singapore in your retirement years, do your proper research in every matter. Stay in each country (at a rented house/apartment and not at in a hotel) for at least a month to get the “feeling” and face any daily difficulty you might encounter. After that as long you are a law abiding people, don’t involve too much or too loud in local politics, be nice and respect other people culture & religions, you should be fine wherever you stay. Peace 😃.
@dovoso5685 Жыл бұрын
Great video ! I hate both driving and crime , and like you said - 1,650 USD a month is affordable but not cheap.
@andrewtanjk1 8 ай бұрын
It boils down to the numbers, how much you can support yourself. Malaysia is one of the best place to retire due to its affordability. You dont need to retire in KL, its expensive, but you can live in the a rural area close to KL, dont worry you will be able to get Internet in rural area too. Or live in a more affordable State in Malaysia like Johor, etc. There are many options.
@arwanasuperred1321 Жыл бұрын
At the current high inflation and living cost, it is very normal to see that this topic is in majority of many Singaporeans mind. I agree on your closing statement. Instead of thinking to retire in 1 place forever, I would prefer to still have choice living in different locations, depending on my age. For example, when I am 80s and above, Singapore nursing home might be ideal, due to the healthcare/hospital treatment. Overall, we need to up our savings/passive income to support our retirement goal.
@limbehh8494 Жыл бұрын
I like your video... very informative... rational...fair... and others. There is no right or wrong who is best. But remember people can't compare the price of Singapore against Malaysia as Singapore is a first world country while Malaysia is a developing country. Can't deny in Malaysia there are plenty of places to go because she is much much bigger than Singapore. I like your quote when u mention about WIFI speed comparison between these 2 countries. The younger generation would like the 5G in Singapore. Overall your video is awesome. It come down to each individual what is your preference. Cheers.
@patrickjebireden1286 3 ай бұрын
I am a Sarawakian-Malaysian living out of Malaysia since 20 years ago. Thank you for being a sport Bro. I've been to many countries; comparatively Malaysia is the best. Low cost of living, no/less natural disasters, relatively safe and, Very humble and, friendly people.
@alexis2power281 Жыл бұрын
I'm from Ipoh too and hv in SG for a decade until I decided to start my business back in Malaysia. For me I would to retired in any country except Singapore because I love to drive and my car is always my horse. The joy of driving is limitless and I hate to depend living on the mercy of public transport. Worst when u hv child and elderly parents but yet need to sardine in the MRT or bus. Very unpleasant when it rains and u hv to carry alot of groceries. Glad I had quit the rat race in SG and no longer living as a rat. This is a country where u will work till u died.
@forevergraceful6160 Жыл бұрын
Yepp SG is a country that makes many Malaysians appreciate Malaysia like never before!
@kn3289 Жыл бұрын
Kevin is young and talked as a single person…..
@eddielim8702 Жыл бұрын
I will retire in sg. This is home for me.
@alberthuat5748 Жыл бұрын
wait until you need to take queue number just to get out from the house
@InvFinAcc Жыл бұрын
Great insight from a Malaysian perspective! Will still choose to retire in Singapore because of the kinship and friendship that are formed here (though there are likely more financial advantage for a Singaporean retiring within ASEAN)~
@alberthuat5748 Жыл бұрын
wait until you run out of money
@InvestingManiac Жыл бұрын
I am also a Malaysian, Singapore PR. You are totally correct on the driving (daily routine) and extra car expenses although the car is cheap. Nowadays car instalment, petrol, toll, parking and maintenance is the highest cost which is more expensive than food. For those fresh graduate, car expense can be more than 50% of their salary nowadays. Did you find out who stole your slippers though?
@SkyLee91 Жыл бұрын
Car park is the painful. So many cars so little parking lot... Especially suddenly get saman but we always wait for the promotion period to pay it 🙈
@InvestingManiac Жыл бұрын
@@SkyLee91 Lol exactly. And CNY time better dont drive to "Gen" Ting, if not you will have to sleep in your car while waiting for parking slot🤣
@forevergraceful6160 Жыл бұрын
Just fyi and update, the public transport system is KL is super good, efficient and KL city council also has kindly provided free GoKL buses. I dont own a car in KL and go out everyday and my monthly transport fee is
@InvestingManiac Жыл бұрын
@@forevergraceful6160 Ya, no doubt about KL. I used to stay in KL for about a year and as per what you said, it is super convenient there. But for other states like me, a Johorean, not so lucky already.
@theglobalvagabond3074 4 ай бұрын
I agree with your strategy. I am currently practicing retirement by traveling to countries that are affordable and near the ocean. After 40 countries, Panama is at the top of the list. I am planning trips to Msia, Philippines, and Uruguay.
@kn3289 Жыл бұрын
You are young and you’re not talking about retiring. I’ve lived in USA, Canada, Australia, Middle East and now Malaysia. I’ve also visited many countries in Asia and Europe. Malaysia is a good place to retire! And bribe?? There are many Malaysians who don’t bribe, I certainly don’t. Safety?? Try other countries first before you think Malaysia is not safe.
@leowtaimeng811 Ай бұрын
I love to stay in Malaysia...but what kelvin mentioned is truly factual in some points he raised
@viralloger267 Жыл бұрын
I'm sure u end up retiring in Malaysia at the end..but maybe u will go and lives in few countries before that..Malaysia is not perfect with many cons but I think it's still the best place to retired..and Singapore is still the best place to work and earn.
@alberthuat5748 Жыл бұрын
with sufficient wealth Malaysia is heaven
@forevergraceful6160 Жыл бұрын
😀probably so hahahaha, once they have built enough wealth in SG and have had enough of the pressure cooker lifestyle but MM2H is gonna be too expensive for many of them.
@feudallordcult Жыл бұрын
Dear Kelvin-Sir, no matter how thin you slice it, there will always be 2 sides.
@tvtriviachampion Жыл бұрын
I retired in Thailand and I love it. I recommend including Thailand on any list of potential retirement locations.
@limbehh8494 Жыл бұрын
I believe Thailand or even Vietnam is a nice place to retired. Slow n easy.
@1yanfei Жыл бұрын
Agree 👍 between I fr Malaysia!
@Kesidang Жыл бұрын
Good nasi kandar and good nasi lemak at any time of the day and night.....how to move to other countries laaa. Haiiyaaaa !!!!
@du-me-Utube-1975 Жыл бұрын
I heard that MM2H has changed and requires Foreigners to have a monthly income of 40,000 Ringgit and a bank account of 1.5 million Ringgit. Is this correct?
@xia0b0iix Жыл бұрын
Personal experience about the bribe culture in MY. When I was young, have being to JB once every couple of months with my dad because of his work commitment at some of the factory at JB. Have been stopped once by the traffic police for not wearing seatbelt when clearly we always wear them but was let off with some help of kopi money. Another time, our family car nearly became a target for those car thieves but thanks to the one of the coffee shop uncle near the restaurant we always patronise which my dad will always treat him with foods/drinks, he managed to help us deter them away. He always carry a stick with him and can be seen roaming around the area.
@-www.chapters.video- 11 ай бұрын
00:00 Introduction and personal background 01:25 Advantages of retiring in Malaysia 03:24 Malaysians are warm and friendly 04:32 Good healthcare in Malaysia 05:43 Delicious food in Malaysia 07:51 Cost of retiring in Malaysia 09:23 Driving and transportation in Malaysia 10:47 Safety concerns in Malaysia 12:23 Corruption and bribery in Malaysia 11:47 Exploring other countries to retire in 12:20 Inviting viewers to comment and subscribe
@Fireworks-ns8lq Жыл бұрын
Nomad ing to different countries is an option in your early golden years of retirement but what if one day u couldn’t walk as much anymore, where will you be residing then.. Similarly even when u decide to stay in bali, Thailand n etc, car expenses is equally as expensive as in msia
@muneirovalibas6194 Жыл бұрын
Its very difficult to decide on "retiring" in Malaysia due to the fact that its just next door, its so easy to get to so the idea of retiring permanently is far less attractive when you can be there within an hour for a short getaway (if you time the causeway jam right). Most Singaporeans buy a property there, rent out their HDB apartment for a few years and then come back when they saved up. The efficiency and security in SIngapore are very HARD to trade away for a long time.
@forevergraceful6160 Жыл бұрын
it's just your opinion, some of us feel really good and safe, retiring in Malaysia.
@sfc9511x Жыл бұрын
Precisely Malaysia is next door to Singapore makes it an ideal place for 'retirement'. I take daily walks with my dog amidst nature among friendly neighbours in JB and am living a quality lifestyle without being extravagant. In fact, I do not consider myself 'retired'. I am still on a work visa in Malaysia after working in Singapore for more than 30 years. I love both countries and have lived my life thus far, to the fullest.
@abmelvic5066 Жыл бұрын
You're funny! I really enjoyed your video
@linpingchow Жыл бұрын
Can do a video on where u will retire? Or a comparison of a few places? Or mayb other strategies cuz feel kind of hard to decide where to retire 4eva if haven't really try the life there for longer period of time. Hmm or maybe rent/buy holiday homes around different places to stay for a period of time and then sg as home base. Or can do the tiny house on wheels / van/bus life lol
@choonhockong8215 Жыл бұрын
Agreed with your views. Singapore is one of the world most expensive cities to live in. If you are rich, living in Singapore is like living in Heaven. If you are retirees, it's best to retire in other Asean countries, maybe Thailand, Malaysia. 2 yrs ago, the hawker food price was around $3, and this year, the average hawker food price shot up to around S$4 to $6+. For retirees, people with sickness with no income are badly affected. Medical expenses and utilities are also expensive.
@djtan3313 Жыл бұрын
Let’s get to THE POINT. Let’s get REAL. If ure single & hv a guaranteed rm10k per month income, JUST RETIRE IN MALAYSIA. If ure one of those who whine bout efficiency, cleanliness, bribery, “Malay supremacy” etc, then it’s not bout d money. M’sia is just not for u. I’m happily retired in KL.
@geoffreychaucer77 Жыл бұрын
It’s so true. You can retire in so many countries that have the best of both worlds. You can live in Thailand, Vietnam, Taiwan. Further out, New Zealand, Australia, even further out, the UK, even places like Turkey, Georgia.
@queva3062 Жыл бұрын
Turkey inflation 150%.
@masaohelper2555 Жыл бұрын
Agree with your observation of Malaysian's bribe culture. Yesterday in Ipoh I witnessed a car driver blocking a fire truck with siren on. This is one driver who must have paid bribes to get his driver licence instead of taking and passing the written and driving tests.
@parisivana 11 ай бұрын
Paiseh needs to share with you that, Driving can no longer be bribed (your thinking was old era), now learning aldy very expensive Rm2000+, and now all got CCTV very strict. Also, for Gov renewing like IC, Passport now very fast aldy(pls don't take the case when covid recovery and many want to renew passports, that one indeed waits for 3 months but this also happening same in SG), you should ask your friends to get the most updated news lah. Also, other sectors also can be done online... a lot of areas have improved a lot ah...but I agreed with other points that you mentioned 80% which was true. Anyway, both MY and SG got pros and cons, just depends on how people want to take it and what they prefer. This is a good video, tks for sharing, Kelvin.
@wasteprofits2323 Жыл бұрын
thanks for doing this video, hope u will do more of this kind of videos!
@thinkie12 2 ай бұрын
Now Malaysia broadband is cheaper. About RM140 for 300 mps. Also now with LRT and MRT, you can easily go places without driving. Or call a grab. Stay near an LRT station and it is easy to get around. The LRT, MRT and monorail are all interconnected. But if you got the money, Australia is a good place to retire. It is clean, unpolluted and beautiful. There are way more places to visit than Malaysia. I agreed with you not to limit your choice to one place.
@edwinlee6883 Жыл бұрын
Not sure why you compare Msia and Sg while you prefer to retire in other countries. Like comparing Coke and Pepsi and conclude that you won't drink coke Coz you prefer water.
@kellychin2895 Жыл бұрын
He just want to attract ppl to watch his channel .
@queva3062 Жыл бұрын
😆😆😂😂🍾🥂🍾🍾
@liongrose1173 3 ай бұрын
You are right
@liongrose1173 3 ай бұрын
He is comparing beef and checken then finally prefer to eat pork
@PeaknikMicki Жыл бұрын
For many Singaporeans MY would be more attractive than Vietnam, Thailand or Japan, simply for the reason that the culture is familiar, you can speak English or often your own language/dialect and the food is familiar (just bit better than in Singapore🙂 ) Other countries are wonderful to visit, but to retire, you want to be somewhere that is also easy to live. A Singaporean living in for instance Japan wouldn't make many local friends.
@joeawk Жыл бұрын
My base will be Malaysia for the food and a few friends left. I will travel extensively if finance permits.
@stormysky5177 Жыл бұрын
depend on your idea and expectation of what a retired life you wld like it to be, that will decide for u where to retire is most suitable.
@forevergraceful6160 Жыл бұрын
His retired life must include fast speed 5G internet so he should just retire in SG, not that we dont have 5G in Malaysia in the future. 😀
@NplusO88 Жыл бұрын
wah kelvin.... didnt know u r IPOH lang.... same like me... nice to listen to your perspective
@patrickkam7174 Жыл бұрын
One thing Malaysian always say Malaysia is big they can freely travel, while sg too small and not much place to go . But they forgot once we holding a passport, we sharing equally travel opportunities
@KelvinLearnsInvesting Жыл бұрын
Haha this is very true
@Kesidang Жыл бұрын
Travelling can be stressful....
@patrickkam7174 Жыл бұрын
@Kesidang 2021 the stress I guess mostly came from custom jam, try go to indonesia there is still many undiscovered jem there to look for and I think the indo should not only focus on promoting bali
@beeyunwong1445 Жыл бұрын
During pandemic. Malaysians can still move around in their own country i.e the reason for saying Malaysian is big.
@patrickkam7174 Жыл бұрын
@@beeyunwong1445 don't you also under the MCO which only allow to travel within your neighbourhood?
@billlee6 Жыл бұрын
Bali and Taiwan are not countries. They are just provinces of their respected countries.
@forevergraceful6160 Жыл бұрын
uh oh....
@bornfree3531 Жыл бұрын
Actually no choice......see where your wife says and chose....... the power of peace...
@ALBERTHAN123 Жыл бұрын
I also agree Malaysian food is better than Singapore! Malaysia food got soul... 🔥
@meggrobi Жыл бұрын
LOL, love the vdeo
@scg9065 Жыл бұрын
What about those earning in M’sia bro? What are some good options for a countries to retire in?
@rainbowk1ng Жыл бұрын
Malaysia has similar pros and cons to the Southern US. It all really depends on personal preference. I can totally relate on the desire for reliable internet here in SG and your current requirements for work. Most of my family live in ulu areas of the countryside and neigh impossible to work on the road. I heard from some Chinese Malaysians (mostly from Melacca) that Chinese are treated like 2nd class citizens there. Nice vid!
@johnwig285 Жыл бұрын
2nd class? U mean enemies? Because magically during election year, every chinese is called a communist. And everytime accident, we are called "babi" and indians are automatically "mabuk"
@forevergraceful6160 Жыл бұрын
I have lived in KL for 3 years now, the internet is super reliable so I don't understand this thing about internet issue. The Chinese are the richest group so far in Malaysia, most of our children have uni education, most of us live in good houses, condos and enjoy good city life, so does it matter if others think that we are considered a second class citizens 😃
@rainbowk1ng Жыл бұрын
@@forevergraceful6160 yeah KL is like the NY of Malaysia, super big city but doesn't really reflect the majority of the country. I'm thinking of the more small towns in Malaysia with my statements 😊
@djtan3313 Жыл бұрын
I’m Chinese Malaysian. I used to b Chinese Australian. I’m HAPPILY living in KL now. :)
@forevergraceful6160 Жыл бұрын
@@djtan3313 it takes one to be away to appreciate what one had in KL/Malaysia hey? I am back from overseas as well!
@KingXerxesTan Жыл бұрын
To live in another country is inntresting but there are also a host of things that you need to be aware of ie your medical insurance, taxes, food, community ect. Many whom migrated for economic purposes will never come back. Only the nomads will but if you are rich enough reserves to always fly then it will be adventurous. Do it while young and settle down at your favourite destination when you reach 60 imho.
@eugeneong3201 Жыл бұрын
Do passport in Johor 50 minutes. Singapore 3 months. When you die in Malaysia. You rest in peace. In Singapore, they dig you up after a few years. After die also no freehold. Still leasehold.
@doggy4532 Жыл бұрын
after die, do you know what going on :)
@eugeneong3201 Жыл бұрын
@@doggy4532 If don’t know what’s going on than why in Singapore every where peoples pray and offer food in 7th months? Also cannot eat?
@chakradharmaddineni9103 Жыл бұрын
Good post but I disagree on few things. 1. It is a misunderstanding that Public transport is not there in Malaysia. Yes no mrt or buses but taxi is cheap. You can take grab / taxi anywhere you want to go. 2. When you look at a Singaporean retiree perspective, 10k RM per month is not a big amount considering what you might spend for similar lifestyle in Singapore. 3. Cost of medical and medicines in general. Easily a few times cheaper. However safety aspect is a good point. It is hard to get assimilated in Western countries or even countries like Vietnam or Thailand where language is an issue. Malaysia is attractive just from the perspective of land connection to Singapore and being able to come back anytime you need to apart from the similar culture, food and language. Once there are more transport options between JB and SG like upcoming mrt and probably more land connections and ferry, it might enable more retirees have one leg in SG and one leg in Malaysia enjoying best of both worlds.
@seabreeze667 4 ай бұрын
How long do i have to be away from Malaysia to re-enter the country for 30 days visa free?
@erictiong8575 Жыл бұрын
Staying in JB (with valid visa) and earning passive income (S$) to me is best of both worlds. Especially with the New RTS currently being built & targeted to come online 2026. Otherwise, even semi retirement in JB (travel in/out) couple times a week (no need visa) for ad-hoc work in SG during non-peak hours (border jams) can work as well. Ideally, some kind of residence permit (For singaporeans or foreign investors in Iskandar) would be ideal (perhaps it will happen next year after change of Govt). 🤭
@donnymurray5173 Жыл бұрын
You are funny, friend..Good one.
@ViolentCabbage-ym7ko 9 ай бұрын
So many of my relatives already bought a property in Malaysia and rent their homes in Singapore which is fully paid and I am planning of doing the same as well. Food in SG cost at least $4 in hawker centers which is equivalent to RM12+. COE last for 10 years before getting scrapped unless renewed and parking fees are everywhere. At least parking is free for those staying in Semi Detached type houses and utility bill is cheaper. Lastly, dental fees in SG is ridiculously expensive compared to MY
Ghib Ojisan
Рет қаралды 501 М.