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If you look at the foreign properties ownerships at the Expatriates Enclaves from Desa Park City to KLCC, Sierramas to Valencia, Sri Hartamas to Mont Kiara, the presence of Singaporeans, Japanese, Koreans, Hong Kong, Chinese, Indian, Pakistan, Australian, British in that order for MY2H. I am surprised that Iranians makes the top list??
I got the figure not from ownership but the issuing of MMY2H visa. Iranian nationals clearly top as of two years ago.
Americans seemed to have just edged into the top ten, at tenth place.Will search out the link if can still find it.
What is the new monthly dollar income requirement for the Malaysian retirement visa? $3000?
This is the site link of the MY2H which would answer the enquiries as it has variables of income source. Terms & Conditions.
As for the visitors, they are waves of visitors , it may depends on the seasons and sites. If you go to Genting Highlands, even locals are outbooked by visitors from China! On weekends, states from Melaka to Johor are swarmed by Singaporeans while in Penang, Australians and Britons seems to be top of the list especially during summer holidays. All these are tourists and not those who are making Malaysia 2nd home according to the unofficial sightings from me.
i know people moving to thailand. they are very very idealistic people.
i know this part of the world. they do business a little different there.
Whoo boy!! Do they ever! Most people I know that did business in Thailand with 49% "ownership" lost their money, even if they were married to their Thai partner. Some got killed, one by his own body guard...
Whoo boy!! Do they ever! Most people I know that did business in Thailand with 49% "ownership" lost their money, even if they were married to their Thai partner. Some got killed, one by his own body guard...
They changed that law. It's now easier to keep the property. I would still not recommend anything like that.
You better move there while you're under 50. Probably <40 would be better. What you gonna do in medical emergencies? It's very likely you won't receive the same medical care you would receive in the U.S. It's called developing country for a reason. The older you get the much more likely it is you will get some kind of illness or disease you might not survive there or will not receive the necessary care.
Location: The western periphery of Terra Australis
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Originally Posted by Glucorious
They changed that law. It's now easier to keep the property. I would still not recommend anything like that.
You better move there while you're under 50. Probably <40 would be better. What you gonna do in medical emergencies? It's very likely you won't receive the same medical care you would receive in the U.S. It's called developing country for a reason. The older you get the much more likely it is you will get some kind of illness or disease you might not survive there or will not receive the necessary care.
Isn't medical care there cheaper? Not sure about the quality of it, but I do know many flock to places like Thailand for cheaper cosmetic surgery.
Isn't medical care there cheaper? Not sure about the quality of it, but I do know many flock to places like Thailand for cheaper cosmetic surgery.
Medical care in Thailand is certainly cheaper than it is in the US. I had an MRI scan done in BKK a number of years ago. Estimation to have had it done in the US was about $2500. We had to go to Thailand anyway, so I opted to see if it could be done there. The cost was equal to about $188 at that time, and the quality was perfect. I obtained extra copies of the film for use in the US. US physicians were very impressed with it and used it as a guide for a procedure.
Quality depends on the hospital you select. Many of the smaller up country hospitals may not have specialists or the facilities for specialized treatment, but are okay for general or minor care (IMO). Quality of care at major international hospitals in BKK, is excellent. Hospitals are equipped with state of the art equipment, and many, if not most of the physicians and specialists. Further, international hospitals like Bumrungrad in BKK are JCI Accredited which meet or exceed US standards of practice.
To the OP...try Thailand. A lot of people from America and Europe either own vacation homes there or live there permanently. It's a hot retirement destination and I hear the government treats ex-pats very well.
I don't get why most Americans feel absolutely COMPELLED to blind movely AND buy property when they do so?
Why not just rent? It's cheap, and gives you mobility, for the next time the person gets another whim like that?
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Most people I know that did business in Thailand with 49% "ownership" lost their money, even if they were married to their Thai partner. Some got killed, one by his own body guard...
I have to disagree with you
