Why this Multi-Millionaire chose Malaysia over US | Nomad Capitalist
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- čas přidán 7. 06. 2024
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Meet Andrew Henderson, an investor and serial entrepreneur, also known as the 'Nomad Capitalist.' He told me why Malaysia offers the best lifestyle, the biggest misconceptions Americans have about Malaysia, and the most promising countries to live and invest in for the next 10 years. Enjoy!
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WATCH NEXT:
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► Malay-speaking Foreigner About His 30 years in Malaysia: • Malay-speaking Foreign...
TIMESTAMPS:
00:00 INTRO
00:30 Why Malaysia?
02:50 Can you own a property as a foreigner?
05:48 Misconceptions about Malaysia
08:27 What's wrong with airport in KL?
11:01 Why expats chosing Malaysia?
13:38 How Nomad Capitalist can help you?
18:25 The most popular passport
20:44 Special offer for our subscribers
TODAY'S GUEST:
➢ on CZcams: / @nomadcapitalist
➢ website: andrewjhenderson.com/
Hey! This channel bridges the gap between locals and foreigners in Singapore, Malaysia, and India. Join Max as he interviews expats, unraveling their unique stories and providing valuable insights into their lives in the vibrant cities of Asia. Through engaging conversations, Max fosters understanding and appreciation between locals and the global community, focusing on cultural exchange.
If you're a company seeking sponsorship opportunities to engage our upscale audience, contact us at maxchernovYT@gmail.com. With over 50% Singaporean viewers and a substantial number of foreign professionals (US, EU, Australia), our mature audience (35-54 years) boasts strong purchasing power and interests in an above-average lifestyle, travel, investment, and personal finance.
#ExpatLife #MaxChernov #Malaysia
Part 1 with Andrew in case you missed it: czcams.com/video/RtERtg3vIcY/video.html
Max, cani translate this vids in Malays?
He sounds like such an unpleasant person -(
@@simonjds4960 Who? Andrew or Max or both?
oh please..malays are the happiest but they need protection from this cruel world....
@@saifolhiasan1433 Haha, well said :)
Free Palestine. Free Hawaii. Keep Malaysia free and standing tall.
I think nomad capitalist is the biggest promoter of Malaysian investment I've seen. Everytime I watch his video, I feel more hopeful of Malaysia prospects.
I wonder about sponsorship?! Lol
Better than anwar and rafizi and zafrul put together
@@keangwooichoo6138 im guessing you never heard KL20 before? or the dozen of times where the gov go to various countries including the US and China to get investors into the country?
likewise, malaysia boleh ehehe
@@Awarene613Malaysian doesn't do that kind of stuff unlike Singapore who has to pay taylor swift for a concert 😂
Before this, I often complained about my own country, Malaysia. But since many times visiting neighboring countries, I now feel grateful to be a Malaysian.
Suggest you travel more and then you will live and learn that other countries quality of life. I travelled to Dhaka and Manila and Vietnam... the moment I came home, I felt blessed immediately.
It's definitely easier for some...not the others when they don't get the same treatment even when they're citizens.
Did you meant those pendatang from Indonesia.. Bangladesh or Pakistan? Because all citizens of Malaysia treated equally.. Every races have their own school and their mother tongue teaches in school, not to mention all races can practice their own religions and faith! If you say there is discrimination.. I can't see it.. All races have their own houses and land perspectively, no other races living in street, otherwise they are pendatang asing tanpa izin @@BC-dt8zo
@@BC-dt8zodid the minority singaporean get the same treatment as the chinese? Last time I've heard minority can't take part in Airforce and only for chinese Singaporean
Melancong luar-negara dahulu, barulah kita dpt menghargai negara sendiri berkali ganda.. sumbangkan idea & pendapat kita selalu agar lebih maju kehadapan & menjadi negara maju. Jgn cepat mengecam kerajaan yg membawa perubahan pd negara tapi perbaikilah apa yg termampu.
So nice to hear that we are optimized for kindness in Malaysia ❤
Trust me the Indo-Malays and SE Asians in general are some of the kindest people on earth. You don't experience that kind of kindness in Europe, middle east or South Asia where I am from
Thats my first thought❤
As Malaysians, Andrew talks bout how much Malaysia meant to him,means alot to local seeing how lovely how in favour our TNC for him,and his love & perspective for Malaysian growth make me humble to love him in a business viewing..
He said affordable… that’s for them but not to us locals😢
@@MrSeong-kr2dj u can't compare us to them..hence why his client making $500k - 1mill per month is affordable..if anything,we should blame the politicians whose been ransacking our right to earn as much as we should be getting paid.. he's very pro Malaysia,even to say that like he's proud of malaysia pro term with foreigner settling here..i like him alot though,based on what he said towards malaysia development
What is TNC?
@@zoolkiflyalbotani terms & conditions
@@MrSeong-kr2dj So let's provide more value and earn more!
Correction, Malaysians don't care if you're gay as long as it's not in public. We don't tolerate PDA in public generally regardless of your sexuality. Keep private things private.
True ii.
Exactly! This is all over the world outside of the West. Just keep it to yourself! No parades, activism and THAT flag everywhere!
No one is going to tolerate that.
But people generally can figure out two men, two women coming out of same house all the time…they will pretend they didn’t see or don’t mind it as long as it does not become so public.
Just live your life quietly.
As retirees, what category do we fall into when it comes to visiting a Gay husband in the hospital? Are rights of a spouse respected? Is that "in public" or is that private re: hospitalization and insurance?
Yea ..dont come and comment bad things where ever u go...people welcoming u as a guess...we can tolerate well as long as we dont cross the line ..I still mad with 1979...
@@montgomeryclark7531 well,again like the original comment if,you dont shows public affection such as kissing or making up,Malaysian wont even care if thats your gay husband. And foreigner or expats,you can always go to private hospital with private room..so its private and do anything you wanted in it as long doctor or nurse is not around😂
Malaysia is Negara Ku and finally here's someone who praise my country. ❤❤❤🇲🇾💪💰✌️
as an expat myself theres 4 things i fell in love forever with malaysia specifically Kuala Lumpur
1. the all year hot sunny weather
2. the amazing versatility of food menus
3. its friendly people
4. its great city and amazing technological infrastructure
Fun fact - Malaysia the no.1 country for Japanese people to migrate to since 2006 - Top 1 for 18 years
Yes. It makes sense to retire there.
It's the only country that has a fully operational Japanese school outside of Japan. It's located in Subang Jaya less than 2km where the old Subang airport was. There's a very big Japanese population in and around there.
@@tunkufazuintunkuzainalabid5683 Just to be realistic here; no its not the only country that has a fully operational Japanese school outside of Japan. Singapore, UK, etc have "日本人学校" for a long time. However, Malaysia's prospects when it comes to education is really attractive for Japanese parents, because we give American and UK accreditation in schools, speak English/Mandarin which are two big world languages, and is relatively cheap being a 1/3rd cheaper than Japan overall.
Interestingly, the number of immigrants who migrate to Malaysia are just Japanese mothers and their child, with the father being in Japan or elsewhere to earn. The term is called "母子留学" (Boshi-ryugaku, mother-child study abroad)
WRONG,why are u making up story without checking real datas? 😮😳😳Singapore has been no.1 country for Japanese ppl to live & work here since 1970s!! Hello?? As of today, Singapore has about 31,3700 Japanese living in Singapore.🇸🇬🇸🇬🇸🇬Total no. peaked in 2017 at around 37,5000.❤❤❤
REAL FUN FACT of Malaysia: There are ONLY About 24,545 Japanese living in Malaysia. A significantly LOWER number than the Japanese in Singapore🤣🤣🤭Guess what, no one is “migrating” to developing Malaysia, it’s just another delulu Malaysian making up fake story again to boast up their weak ego 😅🤭
The morale of story is, never trust what a Malaysian tells u on any figures cos they’ll always EXAGGERATE & make up own story, they will even convince themselves they are telling you the truth!!😂🤣Funny thing is most naive Malaysians will believe them too without checking the REAL datas properly. No wonder Malaysia still vy developing & behind Singapore cos they believe personal opinions are facts!!🤭🤣🤣
Wow…Another delulu Malaysian exaggerating & self praising themselves AGAIN🤣🤣🤭When are u guys going to stop pretending that u are a popular country??😂🤭Singapore alrdy have fully operational japanese school since 1970s when Malaysia was a still farm country & not open to the world yet😂🤭🤭U are the 1st one outside Japan??😂😂Really delusional🎉🎉
GET EDUCATED to know FACTS that Singapore has always been the chosen one for any international companies or multi corporations to set up international business 1st cos SG has always been rated as no.1 in the world consistently for most open market Economy & world’s easiest place to do business!!❤❤❤One big example is IKEA has been around in Singapore since 1970s, the 1st one in asia too(I know some delulu king of claims country going to start making up story that they got it 1st🤣🤣🤭If they do then why are they are still developing & ALWAYS behind Singapore???)❤
@@tunkufazuintunkuzainalabid5683
Everytime non-Malaysian said "cheaper" about Malaysia's cost of living, without the correct context, it's like a dagger to the heart for us Malaysian earning a living here being paid in MYR while raising a family.
Well don't be jealous that other countries have better currency and economy lol.
@@al16899 they're not jealous, just sad they have to work harder to make a living?
Then go live in a cheaper country like Syrian or Somalia. Like the european live in Malaysia 😂
@@mintsnap2857
well newsflash, people in Indian, Thailand, Indonesia, the Philippines & many other developing countries also have to work harder!! Not just Malaysian LOL
@iqbalmuhammad2920 I know. I'm making $7k CAD monthly working 8 hours a day, fully work from home in Canada while my friends back in Malaysia need to drive to office working unpaid overtime for 6k ringgit. I make more while working less than them doing the same freaking job.
I am a Malaysian & love Malaysia very much! I hope that all the politicians work peacefully together regardless of opposing parties to make Malaysia a strong & safe country to live on. To exercise inclusiveness as Malaysia is a multi racial country! What for we want to be extreme & we must learn to respect each other & forgive those who had attempted to apologize for what they had unintentionally done wrongly!🙏😘🇲🇾
Malaysia many banggla..pakistan..nepal..Rohinya..is not so good..
@@deenogml What on earth are you talking about? What a silly comment. If the Bengalis, Pakistanis and Nepalis come legally then what is the problem? From my experience, these are all hard working and entrepreneurial peoples. The Rohingyas ok, maybe you might have some issues with them but you're just following some right-wing European mindset when it comes to Bengalis Pakistanis and Nepalis
@@Sa7biUK that indonesia dude frust they going back to indon now b come jobless ..she want come back but can't inter black list
Michelin star means nothing in Asia. They don't know Asian food. So a city having more michelin star doesn't mean it has better restaurants than another which doesn't.
Michelin is a company that makes tires and for some reason also gives stars to restaurants that make really tiny portions of food. I never understood the appeal.
And anyone here in Malaysia can put a Michelin sticker on their window. I always avoid those places. They just do it to raise their prices when the food is not any better or even worse then a street stall.
Asian food is more about spices. Western type of food is tasteless. You can made their food easily in your own kitchen, but good luck on having great sambal made not by malaysian.
Michelin star Restaurants are just expensive.
The guy has no clue about real quality food.
He may have tons of money and he can afford to spend 300 dollars für just one dinner on one person.
He is just bragging about his money.
He sounds like a very lonely guy though.
He sounds like he is only the cash cow for his Russian wife.
Loving this comment!!! Michelin star is an overrated rank and they are bias towards Western foods. Asians have the most amazing food in the world especially the street foods and they don’t need Michelin Stars to be reckoned with.
Thanks for choosing Malaysia =) Lets work hard together
N..not too hard, okay?
We don't want to be the worst but being the best can be taxing. So, lets work a bit hard.
Good idea @@terang5189
As Malaysian, we are blessed with what we having between Singapore - Malaysia - Thailand is just like
working office- home - club.
1000 % agreed
😮
Yes, exactly! So true :))
And vacation i.e Indonesia, Phillipines, Vietnam, Japan, South Korea
ACCURATE
What a wonderful interview with the Nomad Capitalist. All the best to him and his team with the Nomad Capitalist Live 2024 in KL.
Proud to be Malaysian!
Satu yg saya tertarik ketika hos agak merendahkan airport Malaysia, dia dengan yakin menjawab itu tidak menjadi masalah kerana airport di sini jauh lebih baik daripada airport di Amerika.
Thanks for the video. I finally established a way to increase my net income per month.
My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.
Congratulations on taking the steps necessary to get yourself out of the financial bind you were in.
That's truly remarkable. I hope you don't mind pointing me towards their direction.
She's Sophia Elaine. One of the finest portfolio managers in the field.
she's mostly on Telegrams, using the verified user name.
@PhiaElaine :That's her verified Handle!
6:31 huge miss understanding about Malaysia. Let me tell this to all gay people on the world: We, malaysians don't care who you are, and don't want to know about you. Whatever you do behind your close door, it absolutely your things. As long as you respect our culture and religion, not promoting your weird lifestyle or missbehave in public, you are welcome to live and enjoy life here.
Talking about misbehave in public, it's not only prohibited to gay, also apply to heterosexual as well. Simply say, just 'be civil'.
Make sure dont stay in Kelantan or Terengganu. Different story.
@@CattleFarmer667 what's different? Do you think you can get away doing french kiss with your gay partner in front of public in KLCC mall? Stop being stereotypical and rascist!
@@CattleFarmer667same..youre non-muslim..just keep your weird lifestyle to yourself..nobody goin to bother u
Dont forget about those Malaysian LGBTQ who seek asylum in Australia. They always received death threats in Malaysia
@Henry-ve3ye because they're stupid. They flaunt their lifestyle, but that's not the breaking point.
They even became 'millionaires' despite of what they are.
But, the breaking point are that they are liers, scammers and deceitful.
What do you expect from who cannot accept themselves?
Everything is cheaper in Malaysia. Plus the people are very hospitable and humble.
What amazing is that even the young kids mostly from the private Chinese schools they would bow their head down and say "thank you" or "please" or "your welcome" to their teachers and the elders, it's really wholesome to see that, i thought only Japanese kids does it but nah you can see that in Malaysia.
Japanese people got that culture from China and the Chinese.
@@firstnamelastname6071 True, because Japanese were originally from Chinese decent same as the Koreans as well.
Japanese do it out of "professionalism", very often you feel they say thank you and you're welcome and even smiling at you was because their employment agreement said they have to do that. Malaysia is different, its not about their bosses, its people truly being happy that moment.
@@user-yj8zw7hk6f Oh sorry. I think you're miles away from the topic there, we were talking only about "culture" none of the professionalism stuff but yeah you're correct on that matter!
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You can get everything in KL. Modern skyscrapper that rivals Singapore, Hong Kong. Just to ask Singaporean to go to islands, jungle, nature. They will come to Malaysia 😂
In love with Malaysia since 2010 until today ❤
Kuala lumpur has a good quality of life, and it's affordable if you compare it to Singapour and the infrastructure it's better in kl than. Bangkok , bangkok, it's good for nightlife
Johor Bahru (JB) is better so that business in Singapore doesn't gets affected
KL is not there yet, can’t compare to Singapore🥰..KL was just a flat land with no tall buildings in 90s when Singapore was already a developed country in early 90s. KL only started building up in late 90s & your MRT system is not as efficient as Singapore yet, only built 30yrs later than Singapore.❤❤
Be thankful that Singapore been no.1 investor in Malaysia for many decades helping Malaysia, it’s not other countries that help u but Singapore.🇸🇬🇸🇬🇸🇬
@luvsghatespap by the way, I am not from Malaysia
@@luvsghatespap what a racist comment though. singapore isn’t Malaysia’s number one investor. And to be honest, Malaysia helped SG on daily basis especially on water and fuel. SGs replenishing petrol supply in JB cos its cheaper. Please dont say is not true cos its proven to be so true.
We can quarrel and argue on so many things but at the end of the day, MY and SG used to be sibling and let’s just appreciate the history. Don’t stain it by giving such comment above. It shows how condescending you are.
@@luvsghatespapu ate so many chicken from us
Still pretty impressed that out of 100+ countries in the world, the majority muslim country became his first choice. This proved that Islam is possible to keep certain country to live in harmony and peaceful, and Malaysia is a great example for this. They use a proper rule of islam there, which is respect each other regardless of their religion, race, and culture. Every one there are welcomed with open heart, and has their own freedom.
One of the thing we can be successful is because we are non aligned nations.
We not choosing any sides and be pragmatic
Hopefully we can keep the harmony for long-term, our politicians are making Malaysia worst and worst again!
Malaysia is a secular country where the majority of the population happens to be Muslim. It doesn't have Islam integrated into the constitution like a lot of middle Easter countries
Andrew's first country outside north america was malaysia. But now he has several countries to call home. He built his business there.
It is always my dream to be a Malaysian since childhood, I love the country, nice people, etc. Love from the Philippines.
Two of my favourites together.
I used KL as homebase while traveling in SE Asia from 2008 to 2010. I was not expecting to fall in love with a city, but I fell in love with KL. It was such a wonderful mix of old and new. As a solo female traveler, I felt safer in KL than any place else in SE Asia. It is a moderate country. Loved it!!
Nice interview. Thank you. Love Malaysia ❤
Andrew has been ahead of the curve on this for a while
Not often you get such a concise and insightful video on international investment, this is definitely one of those rare ones. Thank you Andrew and Max for having Andrew! I'm more amazed the amount of information Andrew able to explain in such a structured way as if its just an everyday conversation, which might be is. Salute!
Ipoh and Taiping are hidden gems of food, especially from ancient Chinese cuisine. The weather in Taiping is great, it rains every day, only wet rain and cold showers, and suddenly it's sunny and hot. You can stay longer in the Western and other lifestyles by drinking tea and fine wine in the colder best areas of the Cameron Highlands. Good weather and good people will be discovered further as you expand and love.
Wow Thanks for praising Malaysia. The ordinary people may be finding it difficult financially at the moment.
Malaysia 🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾😊😊😊😊
very illuminating interview with Andrew...
very well said and honest point of view. appreciate your effort Max
I believe that MM2H details aren't fully finalised yet. I really want to get that once it's available. I really like Malaysia.
😥I miss Ms Linda Dorman in the comments section.
Flip Flop Malaysia. I heard that the govt is going to "tweak" the MM2H rules & regulations (coming out this June 2024?). Best of luck mate. I've got 3 more years on my old MM2H visa, so I'll wait till then and decide, who knows I might be dead by then. LOL
Come next month,durian season
@@jesusnotgod5635 I'm residing in flip flop land
Malaysia is divided into two parts it was formed in 1963: West Malaysia, also known as Semenanjung Malaysia, and East Malaysia, which consists of Sabah and Sarawak on the island of Borneo. East Malaysia offers a unique experience with its diverse ethnicities, exotic islands, and rich cultural heritage. In Sarawak, the majority race is the Dayaks, while in Sabah, the majority race is the Kadazan-Dusun. The lifestyle in East Malaysia is more laid-back, and the people live in harmony, embracing their cultural diversity. Sarawak is renowned for its delicious layer cake dessert, while Sabah is famous for its fresh seafood. Additionally, there are various dialects spoken in Sabah and Sarawak, adding to the cultural richness of the region. Visiting Borneo provides a completely different experience compared to West Malaysia.
Watching this really opened up my mind about my own country. Many thanks !
I waited for this Video for such a long time....
Have you watched part 1? :)
@@MaxChernov yes! 👍
Thank you for your content ❤❤❤ From Ipoh Perak Malaysia
Next level interview...
this country is great and not just that, it's lowkey, meaning not many people know it's great. seeing how bad things are getting now especially in America you just hope the bad apples won't start flowing in.
Wise decision you've made!
I agree. Food is amazing and the people
Malaysia, Thailand, and Bali.
The only thing holding Bali back, is the fact that it's in Indonesia. It can be a paradise, but policies are not strict, so one of the downside is messy roads and building positions.
this is really an eye-opener
The collaboration we didn't know we needed!
To know Malaysia is to love Malaysia.
Haha what a crossover, I watch you both often!
KL airport and it's facilities still under renovation and expected to be ready early next year..
It was once one of the best airport in the world (somewhere 1998 onwards..)
Thank you so much!
Thank you
Andrew has mentioned Malaysian niceness/kindness numerous times before; I'm glad that KL/Malaysia gives him that 'comfort food' level of well-being. If I ever see the dude out in the wild, would love to give him a high-five (or an air-five)
Also, 9:34 :...I don't travel with luggage.." 😁#LifeGoals
Almost everyone understood how great singapore in business. So it may compliment with stay in Malaysia and have great business in Singapore. Its plenty options of locations and choices for you as home in Malaysia.
You need to visit more countries Gulf States , Carribbean , Panama & neighbours, both for nomad expats and as residents/ citizens.
It's awesome!
The funny thing is that Malaysia in the 90s was a lot better in some key ways than it is presently: more diversified expat base (more westerners then than now, in which it has more Asian/Chinese/Middle Eastern expats), better economic growth (double digit growth compared to mid single digits now), the weather was better before (fewer forest fires from Indonesia to contend with, so less smog), it was less polluted, spoken English was a lot better and everything else was basically the same as now. The only improvements in the last 30 years or so has been: better public transport options, arrival of budget airlines (e.g. Air Asia is a Malaysian company), online is a lot better now than in many places in Europe in some areas. So to anyone watching this video thinking Malaysia just came on to the scene recently, you're incorrect. It has been an attractive Asian hub for a long time - the only difference is that one didn't have influencers promoting it and spreading the word. Personally, Malaysia is best for British expats: everyone speaks English, road signs in English, drive on the left as in the UK, electrical sockets are exactly the same - it's just so easy for a British expat or retiree, provided you can handle the tropical weather.
Try go to Manila airport, Dhaka airport, then you tell me if KLIA is bad.
Mannn, I flew from Colombo airport from Sri Lanka to KL, the difference is day and night! lol
Malaysia should be embarrassed to be compared to Sri Lanka.🧐
@@vikramganasenyeah although its not world class airport like Changi or Doha airport, the vibe and architecture of KLIA still stands as the most unique in the world, except the food services. It's one of the worst from my personal experience, but other than that it's impressive.
You not use airport everyday
Have you seen the new Dhaka airport tho. It's actually beautiful
Oh then it's not wrong I chose malaysia to be my residence now, thank you for sharing sir, I love watching your channel.
I would agree with most of what he said about Malaysia, even other things he observed very fascinating & worth to note. I would like to wish him all the best doing his business & thank you for chosing Malaysia as your second home..
Malaysia by Constitution is a “Secular” country… 👍👍🤝🤝
There is no such best country, this is click bait, knowing that I fully agreed with Andrew statement about MY. I use to be expat for 12years in north MY and probably my best leaving experience much better than Philippines where I’m currently staying, not even comparable.
only smart people like him have excellent foresight
Welcome to Malaysia.
Malaysia is a truly Asia
Best take-away: "optimize for kindness."
Malaysia is a wonderful country.
Too hot. No winter.
Andrew have been very busy lately. Plenty of interviews and collabs 😂😂😂
Plenty. Glad I'm not the only one who has noticed.
love Malaysia so much since Spore was part of Malaysia😊
convinience and tourist friendly country..english is widely spoken in Malaysia
Thank you for a good conversation , I just want to ask how can I find an investor to invest in a football club in UK
Which areas are good for property investment ? Thank you
Do sometimes make yall conference in Penang, nice place 😊
I could never move outside of Europe, I have too many cats! And yet I really enjoyed this interview, thank you!
Just live Where do u live. But if u Want Travel out. Please enjoy
I always wish both of u meet and finally it happens
I think this is the 2nd interview that they are together in a video.
Max has the networking
A westerners who live in malaysia is like living in heaven of course.
A malaysian living in this country is a struggle.
I love malaysia
Amazingly, recently an American professor said Malaysia is a very dangerous country😂😁😄😄 That prof is so chauvinistic, He insulted the standing of Malaysia, and he think he would be praised instead for being disrespectful🤔 He most probably do not read history, what happened to Al Gore( USA VP) and Magdelen Albright ( US state sec) when they insulted Malaysia's standing and policies🫡🫡 They were ushered out immediately and can never return😂
So to you nobody can say anything bad about your country? Nothing bad is happening there at all?
@@al16899 No.. We have responsible freedom of speech,. One has to be responsible and respecting the sensitivity of the country..WHAT RIGHT do a foreigner have to insult and being rude and ignoring the law of a country.?? White supremacy ?
@@al16899it's illegal to publicly offend someone here.
Malaysians, Malays especially, cannot handle ANY CRITICISM.
That's human nature, unfortunately
If that's the case, then people outside of the west should also not say anything bad about western countries then.
Business and money in singapore, live in malaysia for value. If you want partying, thailand
Andrew tells it like it is
There's a pro and con to this
When ECRL project is completed, most of China's investments will be focused and rapidly growing in Malaysia.
If you live in Malaysia and care about your money that scattered all over the world far off with so many jurisdictions to adhere to, try park some of it in offshore financial centre Labuan, Malaysia. They're the Swiss banking of the already heavenly home Malaysia. So your money is closer to you now
*Malaysia is truly Asia, So mana race live in Msia, good infrastructure road, hause mall, a very good food, good people, We Are welcome a very good people to come to Malaysia 🇲🇾💙🧡♥️🤍🧡🇲🇾*
The only drawback I found with the MM2H is their fixed deposit requirement in a Malaysian bank which currently yields a mere 4% tax-free (give or take) compared to 10%+ in my stock folio (taxed) yet for me, taking $140k out to acquire Malay residency doesn't yet make it an attractive proposition unless I can find a loophole that will allow me to meet their fixed deposit requirement in something other than a 4% bank account. By the way, most 1-year GICs in Canada currently pay over 5%. I'm no huge fan of Canadian politics but when it comes to Canada's financial infrastructure it's among the best security-wise and *might* end up softening the blow of the upcoming US de-dollarization. In hindsight, Canadian banks were extremely well protected during the US 2008 fiasco.
Actually you don't need to hire security guards to guard your villas in Malaysia unless it's in the middle of nowhere. You're probably going to buy within a gated guarded community and you pay a monthly maintenance for security, club house, gym, pool etc.
My favorite fellow ex Clevelander
Thailand, Indonesia, Philippines, they are better place for travellers. Great culture, foods, more unique, etc.
But Malaysia (and Singapore) are definitely better place to live and works. Easy adjustment for foreigners ❤❤❤. And practically Malaysia are dead center of South East Asia, perfect central hub and base to travel around the region.
You cant find any other country that embeded three cultures (malay, chinese, indian) in one lifestyle. That include food.
Best country in the world!
It is important to note that Malaysia does have a minimum purchase price on residential and commercial/industrial real estate for foreigners. It is typically 1,000,000 MYR for residential and 3,000,000 MYR for commercial/industrial some parts of Malaysia it is higher some it is little less. 1,000,000 MYR is just over 200,000 USD. That is half the US median sale price so your room to grow there isn't huge.
What's the newest on mm2h? This is really holding back a lot of people. You can own land in Malaysia. You cannot sell before 10 years... but your silver visa ends in 5 years... what happens then if it doesn't get renewed?
Flip Flop Malaysia. 2022 they changed the MM2H rules...99.99% applicants Withdrew their applications. 2023-2024 ZERO Applications received (Source: my MM2H agent). I heard that the govt are going to "tweak" the MM2H rules & regulations (coming out this June 2024?). Best of luck mate. I've got 3 more years on my old MM2H visa, so I'll wait till then and decide, who knows I might be dead by then. LOL
You should cover Sarawak, more diversity and tolerance.
Any experience with other places in Malaysia, closer to SIngapore, maybe on the coast? Apart from Forest City which seems to be a failure.
Why are you guys talking about airports. In my travels to more than 30 countries, i never had airport experience as something that I want to remember.
Malaysia just change their airport system to autogate! Hope u can give it a try ❤
It's only the best place if you have a shit ton of foreign currencies in both quantity and wealth.
What about Visa? MM2H is expensive