# Malaysian immigrants # Introduction Malaysia has become the first choice destination for foreigners because of its warm climate, friendly atmosphere and excellent medical care. It attracts people of all ages, but retired foreigners in Malaysia are adventurous. It is easy to get a visa in 2111, English is widely spread all over the country, and it is the hometown of the increasing number of immigrants from all over the world. However, these are not the conditions that make Malaysia a better place to live. One of its attractions is the low cost of living. Want to move to Malaysia? Looking for a unique destination, what benefits can you get from it? The following contents are compiled and published by!

1. Is the cost of living in Malaysia high?

as in all countries, the cost of living depends on where you decide to live. The most expensive city is Kuala Lumpur. Although there are cheaper accommodation, most immigrants choose to live in Kuala Lumpur or Penang Island.

despite the price increase in the past few years, Kuala Lumpur is currently ranked as the 188th most expensive city. This makes it more affordable than most people. Generally speaking, the cost of living is 42.72% lower than the cost of living in the United States

Housing expenses for foreigners in Malaysia

Although Kuala Lumpur is the most expensive city in the country, the housing price is very cheap compared with that in North America. Compared with renting or owning a house in the United States, the cost of renting a house in Kuala Lumpur is about 72% lower.

In an expensive community, a 911-square-foot furnished apartment costs about $764 per month. In cheaper areas, you only need to pay $443 a month.

need more space? A three-bedroom apartment in the city center costs about $1,131 a month. For two people a month, the cost of utilities (such as natural gas, heat and electricity) is about 51 dollars. As mentioned above, these prices are less than one-third of the price of ordinary apartments you buy in the United States

Foreigners who don't like city life usually choose to live in Penang. In Penang on the island, a three-bedroom apartment costs about $561 a month.

Health care expenses of foreigners in Malaysia

Malaysia has a public health care system, but most foreigners choose to buy private insurance and see doctors in private clinics. For more information, please check out this detailed guide on health care in Malaysia.

a short visit to a doctor in Kuala Lumpur or Penang costs about $15. Depending on the place of purchase, the price of a box of antibiotics is usually between $5.51 and $7.11. A week's cold medicine (such as Tylenol) costs about $4.13 in Kuala Lumpur and only $3.19 in Penang.

transportation cost in Malaysia

although the rental cost in Kuala Lumpur is higher than that in Penang, the transportation cost on the island is often higher. A five-mile taxi trip in Penang costs about $8, while taking the same taxi in Kuala Lumpur costs about $5.

The monthly ticket price for public transportation ranges from $27 to $31, while the price of a liter of gasoline is only $1.55.

for foreigners who want to buy a new car, you can expect to pay much more than in the United States. For example, in Malaysia, the price of Volkswagen Golf 1.4TSI is about $36,111. In America, the price of the same car is about $22,111.

the cost of vehicles is high, and the traffic flow may be large. These factors make public transportation the first choice for most foreigners.

Food and entertainment expenses in Malaysia

When comparing the food and entertainment expenses in Malaysia as a whole, you will find that the price has not changed much. From Kuala Lumpur to Penang Island, the prices of food and entertainment are roughly the same. Generally speaking, the housing price in Penang is often about 11% lower than that in the city.

going to the business district for a basic lunch? You will pay about $4.42. Want to enjoy a set meal in a fast food restaurant? Most packages cost about $3.41.

if you want to relax and drink beer after a long working day, you can expect to pay $2.91 for a bottle of domestic beer bought in the supermarket. For those who like to drink in a nearby bar, the price of a pint of beer is about $5. It always costs about $8 to have a cocktail in the city at night.

It's time for dinner. Two people can have dinner in the foreign residential area. The price is about $36. Two dinners in a nearby bar cost about $18. This country is also full of street food vendors, where you can easily enjoy delicious local food for less than $4.

as for entertainment, two movie tickets will only refund you about $9 (this is the price you paid for a ticket in the United States). Moreover, if you want to see the theater, the ticket price for a pair of two large seats is only $41.

for foreigners who want to stay healthy and fit in the gym, you can expect to pay $35 a month for an adult to join the health club.

summary of the cost of living in Malaysia

even if you choose to live in the most expensive city, the cost of living in Malaysia is very low. This makes it an ideal choice for many foreigners, especially retirees who want to keep their expenses to a minimum.

The housing cost is quite low (about 72% lower than that in the United States), while the overall living cost is about 43% cheaper. Malaysia is a worthwhile destination for retirees who want to expand their savings.

From city life to island life, you can enjoy yourself in Malaysia. People are friendly, the weather is warm and the beach is beautiful. And, perhaps most importantly, the cost of living there will be much less than that in the United States, Europe or other Asian countries.

2. What are the advantages and benefits of Malaysian immigration

1. Buying a house

Any foreigner can buy any number of residential properties in Malaysia, but he must abide by the regulations formulated by different states for foreigners. Most states start at RM 511,111 per unit from October 2114. Land is a state matter, and it is important to check the state laws before making any, because the minimum purchase price between States is not standardized.

2. Participants approved under the mm2h plan to purchase or import automobiles

hold MM2H visas approved since October 1, 2117, and are eligible for:

1) Purchase of new locally assembled vehicles (completely disassembled -ckd) is exempted from consumption tax; Or

2) import second-hand private cars (fully assembled -cbu) into Malaysia, exempt from import tax and consumption tax.

MM2H participants can only sell/transfer the ownership of exempted vehicles after five (5) years from the date of vehicle registration agreed by Royal Malaysian Customs. According to the current assessment determined by the Royal Malaysian Customs Department, these duties need to be paid before the transfer of ownership. Besides. Imported or purchased cars must be for personal use only, not for commercial use, and only one car of MM2H participants is eligible for tax exemption.

3. Applying for a helper

According to the current guidelines of the Malaysian Immigration Bureau, each applicant can apply for a maid.

4. Withdrawal requirements

MM2H participants can withdraw part of the required time deposits (RM51,111 for 51 years old and above)/(RM151,111 for 51 years old and below) from the second year for the approval expenses related to house purchase and car purchase, and for the education and medical purposes of Malaysian children. However, a balanced time deposit of RM111,111(51 years old and above) /RM151,111(51 years old and below) must be maintained until they terminate the MM2H plan. Please note that the withdrawal is made on the basis of reimbursement, and the funds will be released according to the amount paid. You can withdraw money after the first year, and it will take effect from the date of the MM2H social visit permit endorsement on your passport. If the applicant wants to withdraw the accrued interest on savings, please indicate it in the letter of intent.

It can be seen that Malaysia Second Home Project is still an ideal choice for emigrating to Malaysia for a long time, although it requires high funds and strict conditions for applicants.