I believe Sarawak MM2H requirement is a fixed deposit of MYR150,000 (30,000 GBP) in a Malaysian bank, a monthly income of no less than MYR7000 (1,400GBP) and proof of good health. One has to remain in Sarawak for a continual period of at least 30 days within a calendar year. The visa is valid for 5 years and is renewable. Sabah has a requirement of a fixed deposit of MYR200,000 (40,000GBP). A certificate of 'good conduct from their home country is required along with proof you are in good health. A purchase of an apartment (condo) is allowed at a minimum spend of MYR600,000 (GBP120,000). A 30 day stay is mandatory. The visa is for 5 years and is renewable. Both Sarawak and Sabah visas allow access to the whole of Malaysia.
Sabah had to delay the announcement of their new program because of the suspension of renewal of agent licenses. If an agents license was expiring they could not accept applications until they paid more fees and deposits. And Sabah required using agents. So they may have to shift some requirements. Your coverage of the Sarawak Program is pretty accurate. No property requirements for those over 50, but for those 30-49 there is a requirement (RM 600k) but with waivers for those with kids enrolled in Sarawak schools or with ongoing health treatments. You cite the FD and income/pension amounts for a solo applicant. For a couple the FD is RM300,000 AND income/pension of RM10,000.
Oh and the annual visit requirement of 30 days can be done in smaller bites 15+15: or 20+10) and the spouse, dependents can be the ones that fulfill the requirement in combination (family of 4 for 8 days).
@@gerrelldrawhorn8975plz clarify Sarawak for over 50 is just fixed deposit or must have income requirements. I mean is it FD or income Or FD and income
@@nomorenewsthat's the big question. In the past it was "or", since 12 months the info from agents is "and". Another issue is the processing times from 18 to 24 months. If you have kids, it's difficult to deal with this uncertainty. (All S-MM2H)
Hey 👋🏽 Taylor, im heading to Sarawak with my 4 kids and husband in August and we're looking into SMM2H 🤞🏽and hopefully move from the UK by the end of 2024. We chose Sarawak as it seems smoother than the KL side ❤
Thanks, Taylor. This has been most helpful and informative. Malaysia is now a great option for me. I’m surprised that the famous painter David Hockney hasn’t retired there.
MM2H agents are busy answering questions rather than handling visa applications. For existing MM2H holders, I heard that the 10-year visa is shortened to 5 years upon renewal, and who knows what other changes they might implement
If that's true that's troubling. Is it a fullbrenewalnorbjustva five year extension (requiring another health check and proof you have the FD and continuing pension/income)?
Hi Taylor, thanks for the update. Hope to be hearing from your friend's experience about the SMM2H visa soon! Also thank you for sharing your visa agent with us.
Another great video with great information, thank you! I agree about Alter Domus being very trustworthy; we used them to help us apply for MM2H (unfortunately it was 2020 and the program got shut down). Also agree that Sarawak would be a great place to live. I hope the move to your new apartment goes smoothly.
I have a question I've never heard answered. If you obtain the MM2H in either Sarawak or Sabah, and stay there the required 30 days, can you then spend the remainder of the year in KL or Penang? Or would you still be limited to 90 days?
Thank U Taylor. Ok then, i guess that was it then for me and KL Malaysia. Sad. I just wanted to get away from Thailand and all the chaos here. U, take care.
Its probably not going to be people like me too unfortunately, I dont want to be forced to buy property but would like to decide when I am ready or not, its a large expense for 10 years.
Hi Taylor. Good luck with your move. On one of year earlier videos about moving you mentioned finding the owner's agent (or some similar term). I am interested in medium term rental in Penang and have looked into it before. As you are no doubt aware, there are tens of so called 'agents' advertising each advertised apartment. So the exact same apartment shows up under several different 'agents'. It's so confusing and also costly....as they all have different rates. Would you be able to make a video about how that works? How did you find the actual owner's agent? Would really love to know more to avoid being stuffed around and ripped off. Love to Earl Grey. :)
I went to Kuching and although it was nice and the people super friendly, I found it a bit dead and saw barely any other westerners there which made me feel quite isolated.
I keep telling you if I were your HouseBoy I'd spare you from all that dreadful packing. All you'd have to do is plunk your sweet self down on a chaise lounge, drink the pitchers of Cosmo's I whipped up for you and your friends and enjoy that sweet life in the Tropics. Ain't life GRAND???😊
Hi Taylor, I love your videos. Could you give us some suggestions for our first trip to Malaysia.?We are inquiring for tourism and potentially our future retirement destination.
Alter Domus are mine agent too, my renewal is in 2026. I was going to cancel my mm2h because of new rules but they said same to me that even nothing is in writing I'll be renewed on old rules, but it will be for 5 years and with increased renewal fee
Hi Taylor and thank you for this update. It was my understanding that for those 50 years old and above that both the fixed deposit AND monthly income amount were required in Sarawak. Can you confirm that it is just one or the other and not both? Thanks.
@@andrewtaylor4558 Hello Taylor, I have now confirmed that BOTH the fixed deposit and monthly income amount are required. It's not a problem for me, but I believe that it will be a problem for many folks. For that reason, you might want to clarify that fact in a future update.
Taylor - I appreciate the excellent content! Your CZcams channel is fantastic. Could you help me by providing some information about living and retiring in East Malaysia? Please help me find or watch a video about East Malaysia. I'm interested in learning about the cost of living, the expat community, and whether the population is primarily Christian or Muslim. If you've already made a video about East Malaysia, please share the link with me. Also, creating a video on this topic would be a great idea!
Hello Andrew, thanks for the updates. I wonder if SMM2H holders can stay in West Malaysia if they fulfill the 30-day stay in Sarawak? Can you give us some more information about it? Do you know someone who actually do this?
My wife and I have been planning for years to retire to Malaysia (4 more years to go), and it looks like it will hjave to be the Sarawak MM2H right now. You said it required a minimum income or a fixed deposit. I have seen other people say the same. I have also read (including on the Altar Domus site) that both are required (which seems more likely). Is there a definitive source with this information? We will be saving our money either way; we can't wait to get back to Penang.
It's both. Altar Domus ARE the experts. Why don't you contact them and confirm. You should also contact an agent that's actually physically located in Kuching. One thing to keep in mind is that the Malaysian government keeps changing the rules and requirements for the retirement visa every few years. So, four years from now, everything could be different. You better have a plan B and also a plan C in case Malaysia is no longer an option. There also seems to be a bunch of crap going on now between the Sarawak regional government and the federal government in Kuala Lumpur regarding the retirement visas. Hopefully things get straightened out.
Hey Taylor. Great informative videos. I was ready to begin the process of relocating to KL but noooo!. I wont have Govt hijack my $ for that long a period. U.S. has people from all over the world and no one is obligated to deposit large amts of money to secure a long stay, so in the spirit of "Loan Shark"... I'm out.
I was interested in the 90 day stay, twice a year and considered renting a furnished apartment year-round as a home base so I contacted the Malaysian embassy in Chicago to see if that was possible. They could not confirm two stays a year would be approved and told me it's up to the discretion of the individual immigration officer. Can you imagine renting an apartment and flying all the way to Malaysia only to be turned away upon arrival? Thank you but no.
The border bounce has been a tradition in South East Asia. Malaysia stands out because it allows 90 days per visit by comparison to nearby countries that give only 30 days (many now changing to 60 days). 90 days in Malaysia... three weeks in Vietnam or similar and then another 90 days in Malaysia in each year should be fine. If it's tightened up you will know well in advance as the social media forums will light up. Your local lease should help with opening a local bank account which is so useful for day to day life. Good luck PS Have a look at Lake Toba in Indonesia as an example of a possible two week getaway
Two 90-day visits per year is OK. Malaysia has no published rules regarding the 'social visit pass', which is what the 90-day stamp in your passport is called. The danger is that immigration officers may not admit someone they believe is abusing the 90-day pass by using it to actually live in Malaysia. For example, staying 90 days, leaving for another place for a few days or weeks, and then returning for another 90 days. This is called 'visa running' and occasionally someone they believe is doing it repeatedly is not admitted. I assume you want to rent the apartment for a year to get a reduced rate for a longer term. Rental agents won't care about your visa status, so cay you do this? Yes. But why take a chance with not being able to use the space? Just visit when you want to and rent an apartment for 3 months while you're here.
Linda,when you come in through a tourist visa, you get a period of 1 month to 3 months. Smile and ask for the full 3 months When your visa runs out, you can return home or travel to Thailand,Vietnam Indonesia and repeat the process
We moved to Malaysia from America one year ago this month with my children the best decision we have ever made for our children if you live in America today try to escape to somewhere else.
Would you check your sources and confirm that under the Sarawak MM2H one can live in West Malaysia provided one spends 30 days per annum in Sarawak? This is crucial for me because the only place I really want to live in Malaysia is KL. Am already living in a small attractive city in SE Asia last 16 years (Chiang Mai) but just want to live in a bigger city. The Sarawak financial requirements including proof of income are very easy to meet.
Regarding the minimum RM600,000 property purchase in Sarawak: for someone over 50, is it compulsory to buy a property there? I like Sarawak as a holiday but do not want to live there. In other words if I lived in KL with a compulsory Sarawak purchase I would have to find a tenant.
Such a nice video Andrew for highlighting this issue in regards to Mm2h (Sarawak/Sabah version) Due to MA63, Borneos have a lot of freedom to tailor made their own version of Mm2h as compared to the stricter federal Malaysian Mm2h. Lets go for it as suggested by Andrew guys.
@@andrewtaylor4558 i am confused about the smm2h program, i went to your recommended agent alter Domus, they told me Sarawak is accepting applications now. but other sites say smm2h is in transition just like mm2h. any info?
Mr. Taylor, If you don't mind can you write details of how did you obtain a permanent residence since you are retired and what is the price of 4 bedrooms? I appreciate 🙏
Great video Taylor. Could you also make a video on the new SEZ option for Johor Bahru. Does anyone know what's the min. Property value that must be purchased in JB for that visa?
I am surprised that Taylor published this video today, considering the fact that Federal government suspended Sarawak MM2H (and even Sabah MM2H...). It's everywhere on the news.
@@andrewtaylor4558 I also hope I am wrong Taylor, but that's why I read. Maybe you could have a quick look on Google when you have time? Sorry if I am asking too much. In any case, thank you for your great informative videos!
Strange how the Government will use 2 separate MM2h for Malaysia. I guess what ever works for them is fine...Everyone else just has to work with the set of rules..Interesting question I have is this.If I apply for Sarawak mm2h, after 30 days move to Penang.Beyond 90 days.will I be removed from Penang and sent back to Sarawak or kicked out of the country. 🤔 Thanks for the update..
S-MM2H agents tell me they can secure the visa in weeks, you simply apply while your in the region on a tourist visa... It certainly doesnt take many months... Been there done it 😊
I'm a NZ born citizen that has a Malaysian father, so i travel to Malaysia regularly. I could get Malay citizenship but i'd have to renounce all my citizenships (UK too) and it wouldn't be worth it. I lived in Malaysia for a year in 2013 on 90 day visas, I think the reason they let me in I look like a local and have a Malaysian name - if you're Masalleh then yeah you might have an issue. Thought about the MM2h visa but complusory property purchase for the overbuilt condo market is a joke. Might try go for the digital visa. Way lower requirements than the Thai one for example. Or just stick to 90 day visas.
The sad reality is as of January 31, 2024, there were 56,066 active MM2H pass holders, including both principals and dependents. Now if we assume most mm2h holders have 1 dependant and 1 spouse that came with them (some may have zero some may have 2 but for simplicity lets average it out to 1) That means that one third of that number above paid the mm2h fees. = 18,689 people roughly Now since those people as of jan 2024 were under the old rules (which changed many times but lets assume all of them are under 2023 rules of silver gold platinum) Now lets pretend all 18,689 people got only silver tier hust for lowest number estimate. Multiply that by 150,000$ US dollars =2.8 billion dollars So around 3 to 6 billion of revenue. But guess what from 2021 to 2023 only 2164 people applied to mm2h but thats low due to covid ofc Lets say 3000 people apply per year. With the new 150k deposit + 150k for real estate thats roughly 1 billion per year So overall this entire program and makiing it more complex is not very profitable Sure those 3000 new people per year will buy food cards etc in the country but that economic stimulation is not much So honestly making the program cost more is only going to reduce applicants and stimulate the economy less Ah well ❤Tysm taylor for this lovely update video❤
Just finished a 3 week vacation in Malaysia. Currently waiting for a huge line to rent a car at LAX. Compared to renting a car in KL, the car was delivered to our KL hotel and picked up from our hotel in Penang for a fraction of the cost. Already missing Malaysia, the place, the amazing scenery and mostly the people. Actually started to miss Malaysia once got to Singapore before leaving SEA aleady
The youtube algorithm brought me here. We are in our 9th year of our MM2H, and will not be renewing/extending it. Two quick side notes: @2:01 you said "you could find someone and fall in love and marry a Malaysian then you could get a spouse visa". This is not really accurate on many levels. If one is a _Foreign Man,_ marring a *Malay Woman,* then getting a long term Visa is about as close to impossible as it comes. It helps if the foreign Man is Muslim, but not much. Most also don't know that a foreign Male can *Never* gain Malaysian citizenship by marrying a Malaysian Woman. Conversely, a foreign Woman marrying any Malaysian Man can much more easily get citizenship...but she must renounce whatever citizenship she has. Also, MM2H is NOT available under any circumstance to any person holding an Israeli passport/citizenship. Our MM2H was granted in late 2014, We rented for a couple of years, and purchased a condo in Johor Bahru (JB) at The Astaka in 2017 - near the RTS they have been building for 10 years. Although we lived there part-time (about 4-5 Months of the year in JB, 3-4 Months in Morocco, and the remainder back in the States), the time between 2015 and the Movement Control Order (MCO) in 2020 was heaven. JB is the poor Man's Singapore, and a great base of travel throughout SE Asia. But the first tell-tale sign things were not going well was when Malaysia barred foreigners (think: Chinese) from purchasing property in the Forest City project in late 2018. Then the rumblings about changes to the MM2H in 2020. We decided to ride-out the pandemic back in the States, as the MCO seemed very limiting. While in the States, the MM2H was modified, and with respect to being "Grandfathered" in, that too is not accurate. Initially, We would have been required to pay the increased fees changed in the modification, but after much protest, most of that was rescinded but not all.
@@queen84sasha When the MM2H rework (2021) was announced Initially, these new requirements were *_Retroactively_*_ extended to ALL existing MM2H visa holders:_ • Demonstrable monthly offshore income of $RM40,000 (~US$9,500) vs 25% of that previously. • Bank deposit in Malaysia of $RM1 Million (~US$235K) vs 25% of that previously. • Must spend at least 90 days a year in Malaysia vs 0 days minimum previously. There was so much backlash, that "Most" of these "retroactive" requirements were scrapped. Our MM2H original paperwork indicates we would be able to renew for another *10 Years,*
Thank you for those details. Malaysia is part of my future retirement plans and your information is good to know. How many months per year do you plan on spending in Vietnam and what visa will you be using?
@@davelance8692 Great question! Vietnam grants e-visas for citizens of all countries and territories with 90-day stay duration and valid for multiple entry
Taylor just shared some loopholes on Peninsular Malaysia MM2H to continue to stay in Malaysia. There are a lot of complaints on the new MM2H, your complaints will never be heard, as you are not a voting citizen of Malaysia. Swallow it and accept it and find a loophole to overcome it. Being nasty does not help. Even pendatang citizens has complaints in Malaysia, as for tourist, you just have to wait in queue after pendatang.
Thanks for the update. Was hoping to be able to move to Malaysia so I’m glad the government is reconsidering their requirements. Good luck with your move. Looking forward to seeing your new place and your video of your medical checkup. If we do get to go there someday, I hope to visit your Dr who worked on your eye lift (?). I want to have mine done too.
Grandfathered in terms exactly means just for renewal terms and conditions ? And how many times can you renew ? Terms used to be 10 years for renewals ,now only 5 years and cost of renewals ..as per original ,or the so called improvements or the latest ones ? Great job Taylor ,keep up the good work 💪..
Sarawak MM2H requires only 30 days. That's easy, and a nice escape from the big cities. Kuching is a medium sized city. Plenty there for retirees. Interesting that Sarawak gets some Christian holidays not recognized in western Malaysia.
You know Andy I was thinking about what you said about marriage options. And would be interested in your take for older singles approaching the 'Check-out' years, and how if things didn't work out what's involved in undoing a LTC in Malaysia? For a moment I reflected back when I was in China a lady I dated for only short time made a business proposition. She was a pretty successful business lady (as were her parents) and she very much needed U.S. Residency to help her parents to retire in America and move her business to America. Being a practical Chinese business woman she proposed a business proposal first and if things worked out on a personal level as well we might be happy otherwise we could change the terms and go on a different path. After considering her offer I considered it a bit too high risk. I could imagine however there might be more than a few honest souls of means in Malaysia who might be open to an old school Chinese style personal/business arrangement of mutual interest and benefit to both parties. I have known a few couples , Chinese, Indian and Western-Asian who started out that way and decades later have become soulmates, just like the old Chinese proverb about business marriages with the right partner having a better chance then 'love marriages'.
Marriage in SEA with foreigner has always been on economical reason. If anyone plan to stay in Malaysia through marriage, you might need to fork out a monthly allowance for your spouse. You have to weight which is more cost effective. Choices are there.
Be careful about staying there for 90 days for consecutive years (back to back). They may tag you as a tax resident on your worldwide income, see below: 90 Days Rule: You're present in Malaysia for at least 90 days during the calendar year and have been resident/present in Malaysia for 90 days in any three of the past four years.
My friend did that for several years, always going to Singapore overnight before the end of 90d, then driving back to Malaysia the next day. This went on for a good decade. Towards the end though, he got spooked and read the tea leaves correctly, when immigration asked more and more questions whenever he came back in. He then applied for MM2H several years' ago, which was a good thing he did. Otherwise, there have been cases where ppl have not been granted permission to enter the country again.
People don't understand what becoming a tax resident actually means. Currently no foreign income is subject to tax (exception would be a Malaysian partnership). If the income is taxed abroad it's exempt. If you are receiving income in Malaysia and here under 183 days you will be taxed at a 30% rate. However as a tax resident you will be placed on a progressive tax schedule as low as 2% to up to 30% for the highest earners. Malaysian tax residents also are eligible for a bevy of credits, rebates, and other benefits. It's generally better to be a tax resident than not if you have Malaysian sourced income. It's a low tax jurisdiction. But there are exceptions and one should check if there is a tax treaty to see where different countries have control e,g. Over pensions.
Indeed...you will be very surprised to see expats whether Europeans or North Americans residing in Sarawak. For northern part of Sarawak, you will find some Americans married with locals and working in oilfield.
Indeed...you will be very surprised to see expats whether Europeans or North Americans residing in Sarawak. For northern part of Sarawak, you will find some Americans married with locals and working in oilfield.
My wife and I are targeting the SMM2H for retirement. But, unfortunately, we're still five years out from retirement. A lot can, and probably will, change between now and then :)
Good insights and advice Andy, I had shelved the S-MM2H (Sarawak) because I was informed (misinformed) by an Immigration law firm all applicants regardless of age had to buy property, but if the over 50 does not then I need to get back on the S-MM2H. Looking forward to the interview with your friend who did S-MM2H. If Andy you might have additional information on buying and financing properties in Malaysia might be of interest to some. Many years ago my lady friend worked for a finance company and depending on the property down payments were between 20% to 50% with the median being about 30%. I found a couple of properties that I could buy for much less than the appraised value which could theoretically result in a much lower down payment, and with what you could save on cost of living might end up with an upside. Also looking at options to swap a property you bought to qualify for the visa might be worth looking as well as options and penalties for early sale of the property if you decide you want to move or buy something different. Btw: Andrew from Nomad Capitalist just released a video where he talked about lower requirements Johor Special Economic Zone that were more attractive. czcams.com/video/St2ifNMaUkk/video.html
Early days but the Special Economic Zone (SEZ) is looking the easiest from a cost and certainty viewpoint. Seeing how the Sarawak alternative plays out will be interesting
Thinking it through a little more the drawback with the SEZ is that you cannot sell to an incoming MM2H applicant as they must buy from a developer. Accordingly sale to an expanding Singaporean diaspora is not open to SEZ buyers.
I believe Sarawak MM2H requirement is a fixed deposit of MYR150,000 (30,000 GBP) in a Malaysian bank, a monthly income of no less than MYR7000 (1,400GBP) and proof of good health. One has to remain in Sarawak for a continual period of at least 30 days within a calendar year. The visa is valid for 5 years and is renewable.
Sabah has a requirement of a fixed deposit of MYR200,000 (40,000GBP). A certificate of 'good conduct from their home country is required along with proof you are in good health. A purchase of an apartment (condo) is allowed at a minimum spend of MYR600,000 (GBP120,000). A 30 day stay is mandatory. The visa is for 5 years and is renewable.
Both Sarawak and Sabah visas allow access to the whole of Malaysia.
Sabah had to delay the announcement of their new program because of the suspension of renewal of agent licenses. If an agents license was expiring they could not accept applications until they paid more fees and deposits. And Sabah required using agents. So they may have to shift some requirements.
Your coverage of the Sarawak Program is pretty accurate. No property requirements for those over 50, but for those 30-49 there is a requirement (RM 600k) but with waivers for those with kids enrolled in Sarawak schools or with ongoing health treatments.
You cite the FD and income/pension amounts for a solo applicant. For a couple the FD is RM300,000 AND income/pension of RM10,000.
Oh and the annual visit requirement of 30 days can be done in smaller bites 15+15: or 20+10) and the spouse, dependents can be the ones that fulfill the requirement in combination (family of 4 for 8 days).
@@gerrelldrawhorn8975plz clarify
Sarawak for over 50 is just fixed deposit or must have income requirements.
I mean is it FD or income
Or
FD and income
@@nomorenewsthat's the big question. In the past it was "or", since 12 months the info from agents is "and". Another issue is the processing times from 18 to 24 months. If you have kids, it's difficult to deal with this uncertainty. (All S-MM2H)
I thought Sarawak required only FD for people over 50 but no monthly income. Anyone could confirm that please ?
Wonderful information
I hv watched both nomad capitalist and nomad elite. Nomad elite agreed that sarawak is the best
What an elegant man.
Thanks for taking time to make such a helpfull video Taylor 👌
Hey 👋🏽 Taylor, im heading to Sarawak with my 4 kids and husband in August and we're looking into SMM2H 🤞🏽and hopefully move from the UK by the end of 2024. We chose Sarawak as it seems smoother than the KL side ❤
Best of luck! 🤗
Thank you so much 😊@@andrewtaylor4558
Thanks, Taylor. This has been most helpful and informative. Malaysia is now a great option for me. I’m surprised that the famous painter David Hockney hasn’t retired there.
Thank you Taylor for this instructive video... and the link to Alter Domus website! Greetings from France ! Merci beaucoup !
MM2H agents are busy answering questions rather than handling visa applications. For existing MM2H holders, I heard that the 10-year visa is shortened to 5 years upon renewal, and who knows what other changes they might implement
If that's true that's troubling. Is it a fullbrenewalnorbjustva five year extension (requiring another health check and proof you have the FD and continuing pension/income)?
thanks mr taylor
nobody told you to do this
but your heart ❤❤
Hi Taylor, thanks for the update. Hope to be hearing from your friend's experience about the SMM2H visa soon! Also thank you for sharing your visa agent with us.
Thanks for this!
Another great video with great information, thank you! I agree about Alter Domus being very trustworthy; we used them to help us apply for MM2H (unfortunately it was 2020 and the program got shut down). Also agree that Sarawak would be a great place to live. I hope the move to your new apartment goes smoothly.
I like the way you talk and your voice. Subscribed :)
great info.. thank you.
Good update! Good luck to everyone applying
Thanks Taylor
Kuching, the capital of Sarawak state is a perfect city imho. It's not too big not too small. Very laid back. Nice food. Very clean.
The MM2H has always been about propping the upscale property market
@@randallbard3750 the thing is the visa is to be renewed in five years but the purchase is permanent so the offer carries a risk of non renewal.
Thank you Taylor! Wonderful. Could you please share how much eyeglass & exam usually are for you? Love your glasses 👓 🤓
I paid about US 250. Lots of bells and whistles tho. 😂
I have a question I've never heard answered. If you obtain the MM2H in either Sarawak or Sabah, and stay there the required 30 days, can you then spend the remainder of the year in KL or Penang? Or would you still be limited to 90 days?
You can live anywhere in Malaysia once you have the visa.
@@andrewtaylor4558 With the risk they'll make other changes in the future.
Thank U Taylor. Ok then, i guess that was it then for me and KL Malaysia. Sad. I just wanted to get away from Thailand and all the chaos here. U, take care.
Hi Andrew , Do you have to stay 30 days in a row in Sarawak or can it be 30 days spread out in the year ? Thank you for your very informative video!
Andrew said you don't have to do it all at once
@@austinoaks3062thank you !
Its probably not going to be people like me too unfortunately, I dont want to be forced to buy property but would like to decide when I am ready or not, its a large expense for 10 years.
Hi Taylor. Good luck with your move. On one of year earlier videos about moving you mentioned finding the owner's agent (or some similar term). I am interested in medium term rental in Penang and have looked into it before. As you are no doubt aware, there are tens of so called 'agents' advertising each advertised apartment. So the exact same apartment shows up under several different 'agents'. It's so confusing and also costly....as they all have different rates. Would you be able to make a video about how that works? How did you find the actual owner's agent? Would really love to know more to avoid being stuffed around and ripped off. Love to Earl Grey. :)
I'm a little more positive about retiring in Malaysia now because of the BRICS application. Will you do a video about that?
No but Nomad Capitalist might.
I went to Kuching and although it was nice and the people super friendly, I found it a bit dead and saw barely any other westerners there which made me feel quite isolated.
U dont move to Asia to live amongst Westerners
Well you can move around after staying 30 days there
It is merely an entry point. Consider it a holiday location. The rest of the time you can stay in any other location
@@rodolphegilles well said 😂😂
@@teatree6228 is that why all the foreigners move to Australia and set up enclaves ? Its perfectly natural and ok to want to be around your own kind.
thanks
I keep telling you if I were your HouseBoy I'd spare you from all that dreadful packing. All you'd have to do is plunk your sweet self down on a chaise lounge, drink the pitchers of Cosmo's I whipped up for you and your friends and enjoy that sweet life in the Tropics. Ain't life GRAND???😊
Ok 😂
Excellent mike there Taylor. What brand you use Sir? Model to be exact
Rode wireless go 2
@@andrewtaylor4558 thank you sir
Hi Taylor, I love your videos. Could you give us some suggestions for our first trip to Malaysia.?We are inquiring for tourism and potentially our future retirement destination.
Penang and KL for sure. Maybe Malaka too. 🤗
Alter Domus are mine agent too, my renewal is in 2026. I was going to cancel my mm2h because of new rules but they said same to me that even nothing is in writing I'll be renewed on old rules, but it will be for 5 years and with increased renewal fee
What a wonderful video. Busy packing, are you arranging the movement on your own or you have hired a packer and a mover.
Just a mover
@@andrewtaylor4558 😀
Hi Taylor and thank you for this update. It was my understanding that for those 50 years old and above that both the fixed deposit AND monthly income amount were required in Sarawak. Can you confirm that it is just one or the other and not both? Thanks.
I believe one or the other.
@@andrewtaylor4558 Hello Taylor, I have now confirmed that BOTH the fixed deposit and monthly income amount are required. It's not a problem for me, but I believe that it will be a problem for many folks. For that reason, you might want to clarify that fact in a future update.
@@davelance8692 Bummer
Taylor -
I appreciate the excellent content! Your CZcams channel is fantastic. Could you help me by providing some information about living and retiring in East Malaysia? Please help me find or watch a video about East Malaysia. I'm interested in learning about the cost of living, the expat community, and whether the population is primarily Christian or Muslim. If you've already made a video about East Malaysia, please share the link with me. Also, creating a video on this topic would be a great idea!
I have not made a video on East Malaysia.
Hello Andrew, thanks for the updates. I wonder if SMM2H holders can stay in West Malaysia if they fulfill the 30-day stay in Sarawak? Can you give us some more information about it? Do you know someone who actually do this?
Yes you can. I know people.
My wife and I have been planning for years to retire to Malaysia (4 more years to go), and it looks like it will hjave to be the Sarawak MM2H right now. You said it required a minimum income or a fixed deposit. I have seen other people say the same. I have also read (including on the Altar Domus site) that both are required (which seems more likely). Is there a definitive source with this information? We will be saving our money either way; we can't wait to get back to Penang.
Look for an agent who specialises in SMM2H
It's both. Altar Domus ARE the experts. Why don't you contact them and confirm. You should also contact an agent that's actually physically located in Kuching. One thing to keep in mind is that the Malaysian government keeps changing the rules and requirements for the retirement visa every few years. So, four years from now, everything could be different. You better have a plan B and also a plan C in case Malaysia is no longer an option. There also seems to be a bunch of crap going on now between the Sarawak regional government and the federal government in Kuala Lumpur regarding the retirement visas. Hopefully things get straightened out.
Hey Taylor. Great informative videos. I was ready to begin the process of relocating to KL but noooo!. I wont have Govt hijack my $ for that long a period. U.S. has people from all over the world and no one is obligated to deposit large amts of money to secure a long stay, so in the spirit of "Loan Shark"... I'm out.
I was interested in the 90 day stay, twice a year and considered renting a furnished apartment year-round as a home base so I contacted the Malaysian embassy in Chicago to see if that was possible. They could not confirm two stays a year would be approved and told me it's up to the discretion of the individual immigration officer. Can you imagine renting an apartment and flying all the way to Malaysia only to be turned away upon arrival? Thank you but no.
smm2h
The border bounce has been a tradition in South East Asia. Malaysia stands out because it allows 90 days per visit by comparison to nearby countries that give only 30 days (many now changing to 60 days).
90 days in Malaysia... three weeks in Vietnam or similar and then another 90 days in Malaysia in each year should be fine.
If it's tightened up you will know well in advance as the social media forums will light up.
Your local lease should help with opening a local bank account which is so useful for day to day life.
Good luck
PS Have a look at Lake Toba in Indonesia as an example of a possible two week getaway
Two 90-day visits per year is OK. Malaysia has no published rules regarding the 'social visit pass', which is what the 90-day stamp in your passport is called. The danger is that immigration officers may not admit someone they believe is abusing the 90-day pass by using it to actually live in Malaysia. For example, staying 90 days, leaving for another place for a few days or weeks, and then returning for another 90 days. This is called 'visa running' and occasionally someone they believe is doing it repeatedly is not admitted.
I assume you want to rent the apartment for a year to get a reduced rate for a longer term. Rental agents won't care about your visa status, so cay you do this? Yes. But why take a chance with not being able to use the space? Just visit when you want to and rent an apartment for 3 months while you're here.
Linda,when you come in through a tourist visa, you get a period of 1 month to 3 months. Smile and ask for the full 3 months
When your visa runs out, you can return home or travel to Thailand,Vietnam Indonesia and repeat the process
But property in good location is ok.. Recently launched project in Mount kiara were almost fully sold within 3 months.
We moved to Malaysia from America one year ago this month with my children the best decision we have ever made for our children if you live in America today try to escape to somewhere else.
They raised the income requirement and then reversed it. This will probably be the same
Would you check your sources and confirm that under the Sarawak MM2H one can live in West Malaysia provided one spends 30 days per annum in Sarawak? This is crucial for me because the only place I really want to live in Malaysia is KL. Am already living in a small attractive city in SE Asia last 16 years (Chiang Mai) but just want to live in a bigger city. The Sarawak financial requirements including proof of income are very easy to meet.
It’s only assumed at this point.
Are Alter Domus able to help people get their Sarawak MM2H visa ?
Not sure
Regarding the minimum RM600,000 property purchase in Sarawak: for someone over 50, is it compulsory to buy a property there? I like Sarawak as a holiday but do not want to live there. In other words if I lived in KL with a compulsory Sarawak purchase I would have to find a tenant.
Not sure
Such a nice video Andrew for highlighting this issue in regards to Mm2h (Sarawak/Sabah version)
Due to MA63, Borneos have a lot of freedom to tailor made their own version of Mm2h as compared to the stricter federal Malaysian Mm2h.
Lets go for it as suggested by Andrew guys.
Plz advise how to apply for MM2H Visa.. how to start the process..which website to visit..or is it better to find an agent
As I mentioned in the video. I recommend Alter Domus in Penang.
Interesting, I wonder if you get the Sarawak visa, rent a place for 30 days, then y move to Mainland Malaysia and live the rest of the year?
Sure!
@@andrewtaylor4558 i am confused about the smm2h program, i went to your recommended agent alter Domus, they told me Sarawak is accepting applications now. but other sites say smm2h is in transition just like mm2h. any info?
Mr. Taylor,
If you don't mind can you write details of how did you obtain a permanent residence since you are retired and what is the price of 4 bedrooms?
I appreciate 🙏
Watch my videos
How much can you earn teaching english as second language in maylasia?
I have no idea, sorry
In Sabah, $10,000myr a month at KIS. Private tuition $100 an hour. At a tuition centre usually $40-60/hour.
Please recommend good mm2h agents for
Sarawak and Sabah
I don’t know. Anyone have a recommendation?
Great video Taylor. Could you also make a video on the new SEZ option for Johor Bahru.
Does anyone know what's the min. Property value that must be purchased in JB for that visa?
Noted
Where are you packing to??😅
Just another apartment
congratulations on the new place! I love the dark wood floors and more space. I hope the packing and moving is going well.
People! If you appreciate Malaysia that much. You will find ways to make it work. Go figure! 😅
Good useful video. Info. is accurate. Do try to do a more detailed video on the process of the sarawak 2h with your friend. Thanks
More Options to Malaysia 🎉
Sorry Captain Obvious but why move there if they're likely to double the financial requirements like they did before???
We have always been grandfathered in
Welcome to Kuching Uncle Taylor..who knows you will bump into Henry Golding in Kuching...hehehe
I am surprised that Taylor published this video today, considering the fact that Federal government suspended Sarawak MM2H (and even Sabah MM2H...). It's everywhere on the news.
I hope you are wrong. I have seen nothing about this anywhere. Sarawak has their own immigration department totally separate from West Malaysia.
@@andrewtaylor4558 I also hope I am wrong Taylor, but that's why I read. Maybe you could have a quick look on Google when you have time? Sorry if I am asking too much.
In any case, thank you for your great informative videos!
Thank you
Strange how the Government will use 2 separate MM2h for Malaysia. I guess what ever works for them is fine...Everyone else just has to work with the set of rules..Interesting question I have is this.If I apply for Sarawak mm2h, after 30 days move to Penang.Beyond 90 days.will I be removed from Penang and sent back to Sarawak or kicked out of the country. 🤔 Thanks for the update..
Even if they allow it today, they can change the rules once again down the road. Risky.
S-MM2H agents tell me they can secure the visa in weeks, you simply apply while your in the region on a tourist visa... It certainly doesnt take many months... Been there done it 😊
I wouldn't trust this information. People on Facebook groups usually wait 18 months and more
In terms of 3 months stays, you can leave the country for a day and come back for a further 3 months, but best not to try your luck more than once.
The S-MM2H is not policed, only req right now is 2 weeks in the region, after that live anyway in Malaysia....
I'm a NZ born citizen that has a Malaysian father, so i travel to Malaysia regularly. I could get Malay citizenship but i'd have to renounce all my citizenships (UK too) and it wouldn't be worth it. I lived in Malaysia for a year in 2013 on 90 day visas, I think the reason they let me in I look like a local and have a Malaysian name - if you're Masalleh then yeah you might have an issue.
Thought about the MM2h visa but complusory property purchase for the overbuilt condo market is a joke.
Might try go for the digital visa. Way lower requirements than the Thai one for example. Or just stick to 90 day visas.
The sad reality is as of January 31, 2024, there were 56,066 active MM2H pass holders, including both principals and dependents.
Now if we assume most mm2h holders have 1 dependant and 1 spouse that came with them (some may have zero some may have 2 but for simplicity lets average it out to 1)
That means that one third of that number above paid the mm2h fees. = 18,689 people roughly
Now since those people as of jan 2024 were under the old rules (which changed many times but lets assume all of them are under 2023 rules of silver gold platinum)
Now lets pretend all 18,689 people got only silver tier hust for lowest number estimate. Multiply that by 150,000$ US dollars
=2.8 billion dollars
So around 3 to 6 billion of revenue.
But guess what from 2021 to 2023 only 2164 people applied to mm2h but thats low due to covid ofc
Lets say 3000 people apply per year. With the new 150k deposit + 150k for real estate thats roughly 1 billion per year
So overall this entire program and makiing it more complex is not very profitable
Sure those 3000 new people per year will buy food cards etc in the country but that economic stimulation is not much
So honestly making the program cost more is only going to reduce applicants and stimulate the economy less
Ah well
❤Tysm taylor for this lovely update video❤
School visa is only for the mother.
Thanks
Hey Taylor, what's fee that Alter Domus charges for their services ?
Different for different things. Contact them.
Just finished a 3 week vacation in Malaysia. Currently waiting for a huge line to rent a car at LAX. Compared to renting a car in KL, the car was delivered to our KL hotel and picked up from our hotel in Penang for a fraction of the cost. Already missing Malaysia, the place, the amazing scenery and mostly the people. Actually started to miss Malaysia once got to Singapore before leaving SEA aleady
Very nice! 😊
@@andrewtaylor4558Hi Taylor please can you help recommend to me a legit lawyer who can help me with the Sarawak M2H program?
Thank you Taylor for that information. Good luck with the move, your new place looks really nice. Dan from VA Beach
The youtube algorithm brought me here. We are in our 9th year of our MM2H, and will not be renewing/extending it. Two quick side notes: @2:01 you said "you could find someone and fall in love and marry a Malaysian then you could get a spouse visa". This is not really accurate on many levels. If one is a _Foreign Man,_ marring a *Malay Woman,* then getting a long term Visa is about as close to impossible as it comes. It helps if the foreign Man is Muslim, but not much. Most also don't know that a foreign Male can *Never* gain Malaysian citizenship by marrying a Malaysian Woman. Conversely, a foreign Woman marrying any Malaysian Man can much more easily get citizenship...but she must renounce whatever citizenship she has. Also, MM2H is NOT available under any circumstance to any person holding an Israeli passport/citizenship.
Our MM2H was granted in late 2014, We rented for a couple of years, and purchased a condo in Johor Bahru (JB) at The Astaka in 2017 - near the RTS they have been building for 10 years. Although we lived there part-time (about 4-5 Months of the year in JB, 3-4 Months in Morocco, and the remainder back in the States), the time between 2015 and the Movement Control Order (MCO) in 2020 was heaven. JB is the poor Man's Singapore, and a great base of travel throughout SE Asia. But the first tell-tale sign things were not going well was when Malaysia barred foreigners (think: Chinese) from purchasing property in the Forest City project in late 2018. Then the rumblings about changes to the MM2H in 2020. We decided to ride-out the pandemic back in the States, as the MCO seemed very limiting. While in the States, the MM2H was modified, and with respect to being "Grandfathered" in, that too is not accurate. Initially, We would have been required to pay the increased fees changed in the modification, but after much protest, most of that was rescinded but not all.
Wait so did you get grandfathered in under the old terms or not even?
@@queen84sasha When the MM2H rework (2021) was announced Initially, these new requirements were *_Retroactively_*_ extended to ALL existing MM2H visa holders:_
• Demonstrable monthly offshore income of $RM40,000 (~US$9,500) vs 25% of that previously.
• Bank deposit in Malaysia of $RM1 Million (~US$235K) vs 25% of that previously.
• Must spend at least 90 days a year in Malaysia vs 0 days minimum previously.
There was so much backlash, that "Most" of these "retroactive" requirements were scrapped. Our MM2H original paperwork indicates we would be able to renew for another *10 Years,*
@@queen84sasha Our MM2H original paperwork indicates we would be able to renew for another *10 Years,*
Thank you for those details. Malaysia is part of my future retirement plans and your information is good to know. How many months per year do you plan on spending in Vietnam and what visa will you be using?
@@davelance8692 Great question! Vietnam grants e-visas for citizens of all countries and territories with 90-day stay duration and valid for multiple entry
Thank you for loving our loving country, Malaysia 😊
Wishing you be safety and healthy always ~~
Thnks for the updates Taylor
Taylor….. You’re a Gentleman !
Taylor just shared some loopholes on Peninsular Malaysia MM2H to continue to stay in Malaysia. There are a lot of complaints on the new MM2H, your complaints will never be heard, as you are not a voting citizen of Malaysia. Swallow it and accept it and find a loophole to overcome it. Being nasty does not help. Even pendatang citizens has complaints in Malaysia, as for tourist, you just have to wait in queue after pendatang.
Why the derogatory comment on non Malays? FYI everybody. "Pendatang" is a derogatory term used on non Malays in Malaysia by racists.
Hi Andrew can u make a video on a new Apple Store officially open today at THE EXCHANGE MALL at TRX building at Kuala Lumpur.....
Maybe 🤔
Thanks for the update. Was hoping to be able to move to Malaysia so I’m glad the government is reconsidering their requirements. Good luck with your move. Looking forward to seeing your new place and your video of your medical checkup. If we do get to go there someday, I hope to visit your Dr who worked on your eye lift (?). I want to have mine done too.
Sabah will follow the steps of Sarawak. The government of that State sees the opportunity to brings more foreigners to invest Sabah. Cheers.
I’m grand fathered in like you so no worries
Thanks for this informative update Taylor as well as the encouragement. The world is a much better place with you in it.
Taylor provides solutions, instead of nasty complaints.
Awwww thanks ☺️
I look forward to every Taylor video!
Andrew, what's the difference between the Sarawak and Sabah MM2H, especially for retired people or couples ("non-lucrative")?
I don’t know much about the Sabah program
Both are about the same. Sabah MM2H requires a slightly bigger deposit RM200K.
Sabah program has not fully started yet and the full conditions have not been published yet, coming soon.
Taylor is as usually, pretty clear headed.
Good info, thanks!
It is so kind of you for sharing the info, Taylor
Wow. That would work so well. Thanks
That's positive, thank you for the information !! 🙂
Grandfathered in terms exactly means just for renewal terms and conditions ? And how many times can you renew ?
Terms used to be 10 years for renewals ,now only 5 years and cost of renewals ..as per original ,or the so called improvements or the latest ones ?
Great job Taylor ,keep up the good work 💪..
Thank you Taylor
What is the downside of Sarawak??
Very quiet. If that’s a downside. 😂
Cambodia
@@andrewtaylor4558hi Andrew, Sabah is beautiful , Kota Kinabalu is at the seaside, visit the state first and decide later.Regards😊
food less spicy, no skyscraper and lots of crocodile.
Sarawak MM2H requires only 30 days. That's easy, and a nice escape from the big cities. Kuching is a medium sized city. Plenty there for retirees. Interesting that Sarawak gets some Christian holidays not recognized in western Malaysia.
You know Andy I was thinking about what you said about marriage options. And would be interested in your take for older singles approaching the 'Check-out' years, and how if things didn't work out what's involved in undoing a LTC in Malaysia?
For a moment I reflected back when I was in China a lady I dated for only short time made a business proposition. She was a pretty successful business lady (as were her parents) and she very much needed U.S. Residency to help her parents to retire in America and move her business to America. Being a practical Chinese business woman she proposed a business proposal first and if things worked out on a personal level as well we might be happy otherwise we could change the terms and go on a different path. After considering her offer I considered it a bit too high risk.
I could imagine however there might be more than a few honest souls of means in Malaysia who might be open to an old school Chinese style personal/business arrangement of mutual interest and benefit to both parties. I have known a few couples , Chinese, Indian and Western-Asian who started out that way and decades later have become soulmates, just like the old Chinese proverb about business marriages with the right partner having a better chance then 'love marriages'.
🤔
Marriage in SEA with foreigner has always been on economical reason. If anyone plan to stay in Malaysia through marriage, you might need to fork out a monthly allowance for your spouse. You have to weight which is more cost effective. Choices are there.
You are asking the wrong person that particular question.
@@davelance8692 Why? How So?
Be careful about staying there for 90 days for consecutive years (back to back). They may tag you as a tax resident on your worldwide income, see below:
90 Days Rule: You're present in Malaysia for at least 90 days during the calendar year and have been resident/present in Malaysia for 90 days in any three of the past four years.
My friend did that for several years, always going to Singapore overnight before the end of 90d, then driving back to Malaysia the next day. This went on for a good decade. Towards the end though, he got spooked and read the tea leaves correctly, when immigration asked more and more questions whenever he came back in. He then applied for MM2H several years' ago, which was a good thing he did. Otherwise, there have been cases where ppl have not been granted permission to enter the country again.
People don't understand what becoming a tax resident actually means. Currently no foreign income is subject to tax (exception would be a Malaysian partnership). If the income is taxed abroad it's exempt. If you are receiving income in Malaysia and here under 183 days you will be taxed at a 30% rate. However as a tax resident you will be placed on a progressive tax schedule as low as 2% to up to 30% for the highest earners. Malaysian tax residents also are eligible for a bevy of credits, rebates, and other benefits. It's generally better to be a tax resident than not if you have Malaysian sourced income. It's a low tax jurisdiction. But there are exceptions and one should check if there is a tax treaty to see where different countries have control e,g. Over pensions.
i think sarawak is perfect for retiremen n living..even 4 vacation..perfect blend of tropical environment n towns..fresh foods etc..haha
Indeed...you will be very surprised to see expats whether Europeans or North Americans residing in Sarawak. For northern part of Sarawak, you will find some Americans married with locals and working in oilfield.
Indeed...you will be very surprised to see expats whether Europeans or North Americans residing in Sarawak. For northern part of Sarawak, you will find some Americans married with locals and working in oilfield.
The state of politics is also far better than West Malaysia
My wife and I are targeting the SMM2H for retirement. But, unfortunately, we're still five years out from retirement. A lot can, and probably will, change between now and then :)
Good luck!
So true same here.
Thanks for sharing.
Good insights and advice Andy, I had shelved the S-MM2H (Sarawak) because I was informed (misinformed) by an Immigration law firm all applicants regardless of age had to buy property, but if the over 50 does not then I need to get back on the S-MM2H. Looking forward to the interview with your friend who did S-MM2H.
If Andy you might have additional information on buying and financing properties in Malaysia might be of interest to some. Many years ago my lady friend worked for a finance company and depending on the property down payments were between 20% to 50% with the median being about 30%. I found a couple of properties that I could buy for much less than the appraised value which could theoretically result in a much lower down payment, and with what you could save on cost of living might end up with an upside.
Also looking at options to swap a property you bought to qualify for the visa might be worth looking as well as options and penalties for early sale of the property if you decide you want to move or buy something different.
Btw: Andrew from Nomad Capitalist just released a video where he talked about lower requirements Johor Special Economic Zone that were more attractive.
czcams.com/video/St2ifNMaUkk/video.html
Thanks for the update Taylor !!
Thanks for another great video, Taylor! 🙂
Early days but the Special Economic Zone (SEZ) is looking the easiest from a cost and certainty viewpoint. Seeing how the Sarawak alternative plays out will be interesting
Thinking it through a little more the drawback with the SEZ is that you cannot sell to an incoming MM2H applicant as they must buy from a developer. Accordingly sale to an expanding Singaporean diaspora is not open to SEZ buyers.
until they change it again
Taylor is now so famous for people wishing to move to Malaysia...
Taylor is the best!
So helpful, thank you Taylor. And you have such a pleasant manner. Lovely.