Malaysia My Second Home Programme Upgraded

Author: **Paul** » April 28, 2009, 10:45 pm

If anyone is interested, the Malaysian Government have upgraded their programme and it now includes an initial 10 year multiple entry visa which (quote)"allows you to come and go as you please".

The fresh incentives under the program implemented since 2002 in the country also included house and car purchases, tax exemption on pensions and foreign income brought into the country.

Participants aged above 50 years old are allowed to work part-time for no more than 20 hours a week in the approved sectors. Participants are allowed to do business and invest in the country subject to local regulations and requirements.

Their website uses words like "attract", "embrace" and "welcome" - 3 words you might not find on some 'other' countries immigration websites.

Their website is :
http://www.mm2h.gov.my/

Author: **BKKSTAN** » April 29, 2009, 6:59 am

Very inviting!If i wasn't married to a Thai,I would surely spend some time there checking it out!

Author: **merchant seaman** » April 29, 2009, 7:25 am

Sounds good. But must have some pit falls for sure.

Author: **tigerryan** » April 29, 2009, 7:50 am

It would be really nice if they also added the ability to buy citizenship and snag a second passport.

Author: **aznyron** » April 29, 2009, 8:06 am

requirement is 10.000 RM a month when you do the math it almost 3100 a month to steep for me
I used 3.25 to 1 USD

Author: **merchant seaman** » April 29, 2009, 8:10 am

Maybe we get get donations for you?

Author: **aznyron** » April 29, 2009, 8:12 am

http://wwp.greenwichmeantime.com/time-z ... rrency.htm
M/S start the collecting now

Author: **merchant seaman** » April 29, 2009, 8:30 am

Will start now. Please provide bank account# and PIN

Author: **aznyron** » April 29, 2009, 8:40 am

scb 0000xyz

Author: **Pakawala** » April 29, 2009, 4:03 pm

aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time #-o

.

Author: **BobHelm** » April 29, 2009, 4:14 pm

Calculate and compare currencies
Use the boxes below to convert between currencies.
Conversion results
10,000.00 Malaysian ringgits = 2,775.00 US dollars
Exchange rate: 0.277500
Rate valid as of: 29/4/2009
Currency rates are based on various publicly available sources. Rates are not verified as accurate, and actual rates may vary. Important additional information; please read.

Author: **AussieBoy** » April 29, 2009, 4:30 pm

Live rates at 2009.04.29 09:25:38 UTC
1.00 USD = 3.58754 MYR
United States Dollars Malaysia Ringgits
1 USD = 3.58754 MYR 1 MYR = 0.278742 USD
10,000.00 MYR = 2,787.512 USD

Author: **AussieBoy** » April 29, 2009, 4:37 pm

Pakawala wrote:aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time .

That will be 10 Baht to the RM

Author: **jetdoc** » April 29, 2009, 5:06 pm

At the moment Malaysia requires about 1.5 more dollars per month than Thailand. Seems Malaysia is shooting for the more high end retirees.

Author: **aznyron** » April 29, 2009, 5:16 pm

Pakawala wrote:aznyron, you've truly confused me with your math...Currently the Bangkok Bank shows the US$ trading at approx. 35 to the Thai Baht and the Malasian RM trading at approx. 10 to the Baht. That makes the RM about 350 to the US$. Please correct me if I'm wrong because it wouldn't be the first time .

Brian your not wrong I just took the average which was 3.25 now we are getting a better rate I just did this one quick
I knew ti would not be a great deal of difference in the X rate

Malaysia My Second Home Programme Upgraded

Malaysia My Second Home Programme Upgraded

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