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Search: Posts Made By: Pilki
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Forum: Malaysia
May 3rd 2023, 3:05 pm
Replies: 1
Views: 1,852
Posted By Pilki

Re: MM2H Letter of good conduct

Normally it should be from the country where you reside. In the UK you would need to email [email protected]

Not sure how much they charge these days.
Forum: Retirement and MM2H
Apr 26th 2023, 4:37 pm
Replies: 4
Views: 3,275
Posted By Pilki

Re: Working for offshore company under MM2H

Sorry, I only just saw you post as I don't come on this site very often.

Of course, under MM2H rules, you can work work for a non-Malaysia company, this is allowed whether you are in Malaysia or...
Forum: France
Feb 14th 2023, 10:56 am
Replies: 24
Views: 3,259
Posted By Pilki

Re: buying a property entitle you to automatic residency

I don't think this is the case at all since Brexit and it would be a long uphill slog to have your qualification recognized in the EU, The process in France would require you to first present your...
Forum: Retirement and MM2H
Oct 12th 2022, 7:02 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

Yes, I did but it wasn't very illuminating. Phrases such as ""The incentives (which include a reduction in the personal income tax rate or a personal income tax exemption for certain income,...
Forum: Retirement and MM2H
Oct 12th 2022, 2:18 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

Thanks for the extra info and no, I didn't think you were a promoter for this visa.

But, you know, I have a strong sense of deja vu here as MM2H was launched by the Malaysian Tourism ministry who...
Forum: Retirement and MM2H
Oct 11th 2022, 5:13 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

Although it is frequently stated that foreign income is not taxed in Thailand I have not been able to verify this from any trusted sources.

In fact, the excellent PWC Thai Tax Booklet for 2022-23...
Forum: Retirement and MM2H
Oct 3rd 2022, 9:22 pm
Replies: 85
Views: 23,386
Posted By Pilki

Exclamation August 2022: Malaysia now taxes foreign-sourced income not taxed at source

The scales are gradually falling from my eyes on this thanks mainly to the PWC article.

The 15% foreign tax rate you mention doesn't mean that you have to have paid 15% on your income since it may...
Forum: Retirement and MM2H
Oct 3rd 2022, 9:06 pm
Replies: 85
Views: 23,386
Posted By Pilki

Exclamation August 2022: Malaysia now taxes foreign-sourced income not taxed at source

Yes - could ADMIN please sort this thread out? Thank you.
Forum: Retirement and MM2H
Oct 2nd 2022, 10:07 pm
Replies: 85
Views: 23,386
Posted By Pilki

Exclamation August 2022: Malaysia now taxes foreign-sourced income not taxed at source

I think this provides much more clarification, thank you SushiFan !
Forum: Retirement and MM2H
Oct 2nd 2022, 7:24 pm
Replies: 85
Views: 23,386
Posted By Pilki

Exclamation August 2022: Malaysia now taxes foreign-sourced income not taxed at source

Actually, Flyguy your link https://www.crowe.com/my/insights/taxability-of-foreign-sourced-income contains some very good news (if it is to be believed), I quote:-

Due to concerns raised by...
Forum: Retirement and MM2H
Sep 30th 2022, 4:49 pm
Replies: 85
Views: 23,386
Posted By Pilki

Exclamation August 2022: Malaysia now taxes foreign-sourced income not taxed at source

We just won't know until the March 2023 tax returns and guidance notes are out, which will be too late for taking the right decisions during 2022.
I think remittances of the FD's are a red herring...
Forum: Retirement and MM2H
Sep 25th 2022, 2:50 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

Thanks very much for the info, Flyguy. It doesn't really seem so attractive to me, with $40K pa you still have to deposit $250K. With $80K pa, I think there are nicer places to live than Thailand.
Forum: Retirement and MM2H
Sep 22nd 2022, 8:58 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

Which visa would that be, what are the fees and how long is the visa valid for?
Do you still have to go the police station every n days to confirm your address?
(Sorry but the visa you referenced...
Forum: Retirement and MM2H
Sep 20th 2022, 12:40 pm
Replies: 19
Views: 3,890
Posted By Pilki

Re: New Thai Visa Scheme - seeks 1 million applicants!

I don't know why these people think there is an immense pit of wealthy foreigners, happy to invest a small fortune to live in their corrupt society. Thailand and Malaysia really are starting to...
Forum: Retirement and MM2H
Sep 14th 2022, 4:32 pm
Replies: 5
Views: 1,613
Posted By Pilki

Re: New 1 year Digital nomad visa

Looks better than MM2H :blink:
Forum: Retirement and MM2H
Sep 7th 2022, 10:23 pm
Replies: 85
Views: 23,386
Posted By Pilki

Re: August 2022: Malaysia now taxes foreign-sourced income not taxed at source

I think this link provides a balanced view of the current situation but there remain many unanswered questions:-

bernama.com/en/thoughts/news.php?id=2035540
Forum: Retirement and MM2H
Sep 4th 2022, 7:40 pm
Replies: 85
Views: 23,386
Posted By Pilki

Re: August 2022: Malaysia now taxes foreign-sourced income not taxed at source

The following Order was gazetted on 19 July 2022 and is effective from 1 January 2022 to 31 December 2026:

Income Tax (Exemption) (No. 5) Order 2022 [P.U.(A) 234]

Key points of Income Tax...
Forum: Retirement and MM2H
Aug 9th 2022, 2:27 pm
Replies: 45
Views: 8,130
Posted By Pilki

Re: Another nail in the MM2H coffin

It is a very poorly drafted piece of tax legislation leaving, as it does, all of your questions unaddressed. Although we might feel this targets MM2Hers after everything else we've had to endure...
Forum: Retirement and MM2H
Aug 8th 2022, 8:26 pm
Replies: 45
Views: 8,130
Posted By Pilki

Re: Another nail in the MM2H coffin

I think most MM2Hers have not paid tax on their income remitted to Malaysia either (i) because it is below the tax threshold in the souce country or (ii) they have delared they are no longer resident...
Forum: Malaysia
Jul 1st 2022, 5:42 pm
Replies: 17
Views: 13,355
Posted By Pilki

Re: Work based in Singapore, but living in Malaysia

Hi Pier, you can achieve most of what you want to do but the situation with regards to Malaysia is not exactly what has been described by the others.

You could go down the well-trodden MM2H route...
Showing results 1 to 20 of 20


 
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