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Search: Posts Made By: kiat137
Showing results 1 to 25 of 61
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Forum: Malaysia
Feb 27th 2019, 8:26 am
Replies: 9
Views: 3,017
Posted By kiat137

Re: Activating MM2H visa

Few advice for you:
Bank account:
- Get your current banker to ready the transfer bank in your country
- Make sure the Malaysia banker done MM2H participant before because they need to know how...
Forum: Retirement and MM2H
Oct 19th 2018, 10:01 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

Please check with the bank. Usually MM2H FD they give lower rate or else same bank different branch they give different also.
Normally only first year bank give high interest. After a year will...
Forum: Retirement and MM2H
Oct 17th 2018, 10:03 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

HSBC give very low interest rate compare to others bank. The good thing is you can easily link up with your current account if any.
Otherwise if you don't mind to have another account I would...
Forum: Retirement and MM2H
Sep 7th 2018, 2:22 am
Replies: 25
Views: 6,833
Posted By kiat137

Re: Cheapest Medical Insurance

You may consider to use your bank interest to get a fully protected insurance. It only cost you few thousand per year for the comprehensive plan fully cover your accident, hospitalization, critical...
Forum: Retirement and MM2H
Sep 3rd 2018, 1:50 am
Replies: 28
Views: 6,589
Posted By kiat137

Re: Tax Free Car Exemption Cut off Date Extended

Only Malaysia local assemble car have the incentive and the tax rate is based on how much portion is assembled in Malaysia.
As I know Kia only very little model sell in Malaysia and also only 1 or...
Forum: Retirement and MM2H
Sep 1st 2018, 3:41 pm
Replies: 28
Views: 6,589
Posted By kiat137

Re: Tax Free Car Exemption Cut off Date Extended

Few years ago Malaysia government reduced the import tax but the material cost price increase. Therefore, the incentive is not attractive as last time .
Forum: Retirement and MM2H
Aug 30th 2018, 8:24 am
Replies: 25
Views: 6,833
Posted By kiat137

Re: Cheapest Medical Insurance

For above 50 years old participant who deposit RM 150k, eligible to withdraw up to RM 50k
For below 50 years old participant who deposit RM 300k, eligible to withdraw up to RM 150k

The...
Forum: Retirement and MM2H
Aug 28th 2018, 1:04 am
Replies: 25
Views: 6,833
Posted By kiat137

Re: Cheapest Medical Insurance

The process of withdraw part of your MM2H fixed deposit (Either 50k or 150k) is based on after you paid by your own then apply from MM2H center. After 3 working days MM2H department saw your payment...
Forum: Retirement and MM2H
Aug 21st 2018, 1:45 am
Replies: 25
Views: 6,833
Posted By kiat137

Re: Cheapest Medical Insurance

Of course if you going to spend more time in Malaysia is advisable to buy a Malaysia local insurance because your home country insurance usually need you to pay up front after that only reimburse. If...
Forum: Retirement and MM2H
Aug 8th 2018, 1:34 am
Replies: 25
Views: 6,833
Posted By kiat137

Re: Cheapest Medical Insurance

If your home country existing insurance covered worldwide or Asia you don't need to buy a Malaysia insurance.
Just bring the prove will do.
Forum: Retirement and MM2H
Aug 8th 2018, 1:28 am
Replies: 6
Views: 1,357
Posted By kiat137

Re: MM2H Workshop August 9th, 2018 Putrajaya

The workshop is purely for licensed agent only to get some update & certificate for renew license.
Usually no important changes to be announce.
Forum: Malaysia
Jul 31st 2018, 1:56 am
Replies: 4
Views: 1,767
Posted By kiat137

Re: Anyone made any Malaysian friends?relationships

Yes, you will easily make friends in Malaysia. Don't worry.
Forum: Retirement and MM2H
May 4th 2018, 1:01 am
Replies: 10
Views: 2,004
Posted By kiat137

Re: FD Rates paid monthly...

MM2H required annual renewable for 10 years. Not 3 month or 6 month renew. Anyway you're always welcome to place extra Fixed Deposit for your own purpose.
Another bank you may find out, Hong Leong...
Forum: Retirement and MM2H
Apr 25th 2018, 9:27 am
Replies: 10
Views: 2,004
Posted By kiat137

Re: FD Rates paid monthly...

MM2H Fixed Deposit must be annual basis.
Annual interest rate is also the highest.
Forum: Retirement and MM2H
Dec 29th 2017, 5:20 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

Does anyone faced problem while open secondary bank account recently?
Forum: Retirement and MM2H
Nov 20th 2017, 11:53 pm
Replies: 28
Views: 6,589
Posted By kiat137

Re: Tax Free Car Exemption Cut off Date Extended

You're welcome. Just keep in mind I believe the car manufacturer will practice the same. They will stop taking order probably start from Sep.
Therefore if you want to enjoy the tax exemption please...
Forum: Retirement and MM2H
Nov 20th 2017, 8:14 am
Replies: 28
Views: 6,589
Posted By kiat137

Tax Free Car Exemption Cut off Date Extended

Previously MoF announced that there will be no more car tax exemption for MM2H starting from 1 Jan 2018. Many car manufacturer stop receiving order from Sep 2017.

After gathering feedback from...
Forum: Retirement and MM2H
Jul 27th 2017, 1:53 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

Hi Syed,
Open account, debit card, pin, internet banking all can done within few hours.

Cheque book you will need to open another current account. Normally you need to wait at least 2 weeks for...
Forum: Retirement and MM2H
Jul 27th 2017, 1:47 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

Ooo... That's great. Thanks for sharing your experience!
May I know your nationality? I believe there are some different from nationality.
My past experience are all China nationality clients. ...
Forum: Retirement and MM2H
Jul 24th 2017, 8:19 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

As what my previous customer told me, they do give the account number upfront, but they also need you to present in Malaysia's branch only they start move. When you present to the bank, they just...
Forum: Retirement and MM2H
Jul 24th 2017, 2:38 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

I was told by some of my client to open up so called Pre-arrival open HSBC account in overseas but the actual situation is not really pre-arrival. The bank need to wait until the day you present at...
Forum: Retirement and MM2H
Jul 19th 2017, 2:14 am
Replies: 279
Views: 47,341
Posted By kiat137

Re: Opening a Bank Account in Kuala Lumpur

average bank annual interest is around 3.2%
4% only upon special request and promotion.
Forum: Retirement and MM2H
May 22nd 2017, 7:40 am
Replies: 8
Views: 1,472
Posted By kiat137

Re: Would you swap a comfortable life in England for a life in Iskandar?

Why don't consider Kuala Lumpur?
There are lot of good and reasonable price international School for you to choose.
Forum: Retirement and MM2H
May 19th 2017, 1:02 am
Replies: 27
Views: 5,032
Posted By kiat137

Re: 2017 New Guideline for Car Tax Incentive

The RM 150k is the amount of tax deduction, not the price of the car.
For example, a car selling price RM 300k, tax deduct 30% = 90K
a car selling price RM 600k, tax deduct 30% = 180K, the extra...
Forum: Retirement and MM2H
Mar 13th 2017, 1:06 am
Replies: 18
Views: 8,167
Posted By kiat137

Re: MM2H new application - how long?

It takes 4 - 6 months to approve nowadays.
Showing results 1 to 25 of 61
 
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