sebbyNZ
New Zealander expat in Malaysia
Forum posts
5
Contacts
2
About me
New Zealander
Lives in Kuala Lumpur
Registration: 01 February 2019
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
Pasting from other source: Hi Pat, from my understanding the reason why you open two FD is that it gives access to the funds you can withdraw for any allowed purchases without you having to lose any interest on the whole deposited amount. So for ... Read More
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
Yes, you can have as many FDs as you want on whatever terms you want. They just need to total over the minimum requirement. Here's a post on another forum which goes into more details around this: [link moderated]. The entire thread is a good read ... Read More
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
It absolutely makes sense to split into two FDs. Though you are *allowed* to withdraw after one year (pending approval) that doesn't mean that a bank will not charge you penalties for breaking your FD early. You want to structure it so that the ... Read More
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
I'm 40xxx and will post when I hear something on my one. Read More
MM2H: how long did it take for you? by expat000
How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!
Not taxable by Malaysia but you will probably have tax obligations to Australia until you establish an MY residency and become AU non-resident for tax purposes (if that is your plan). Read More