Sam’s take on MM2H (Malaysia’s long-stay visa for foreigners relocating or retiring to Malaysia) and how it has impacted Malaysia, and Penang in particular.

Posted on Leave a commentPosted in MM2H

Malaysia’s long-stay visa, the MM2H visa, has proven to be immensely popular with foreigners wanting to make Malaysia their second home. So much so that applications started to pile up and some applicants found themselves waiting almost a year for approval. To add to the frustrations, it was officially announced that the financial criteria to qualify for MM2H were to be increased but with no further information available, applicants were left wondering if their applications would be rejected.

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How does the Malaysian Spouse Visa stack up against Malaysia My Second Home (MM2H)?

Posted on 4 CommentsPosted in Investments, MM2H, Penang, Retirement, Sabah MM2H, Sarawak MM2H, Spouse visa, Tax

It has been a dramatic few months for Malaysians, starting in May 2018 with a new Government in place after 61 years, and the re-election of 93-year old former Prime Minister Tun Mahathir as our new Premier. From a political standpoint, this is exciting for us Penangites because Lim Guan Eng, the former Chief Minister of Penang — who was instrumental in bringing about radical positive changes to Penang despite being sidelined by the then Barisan-led Federal Government — is now Malaysia’s new Minister of Finance.

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Litigation – the Practicalities of Going to Court? Part II

Posted on Leave a commentPosted in Court, Legal, Litigation, Suit

Continuation from https://samchoong.com/litigation-practicalities-going-court-part/

 

2) So who do you appoint? How do you choose a lawyer? Do you pick the firm or do you pick the lawyer?

People watch dramatic TV court scenes of an erudite lawyer aggressively questioning a witness or the defendant. This may give the impression that a good lawyer is an aggressive one. Sometimes, it may be better to have a lawyer who is more measured in his response and questioning; one whom listens and looks out for spoken and unspoken indicators rather than to be engrossed only in high drama and yet miss the important clues or subtle nuances.

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Litigation – the Practicalities of Going to Court? Part I

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What’s it like going to court? What does it entail? Should you sue? Should you retaliate when sued? Or should you just settle? And if so, at what point in the process do you show this hand? Who do you appoint?

 

I’m finding that churning out a steady stream of articles and the amount of legal work I do is inversely related. It’s been a productive few months advising on several challenging court cases for clients, hence my radio silence.

 

Attending court is a given for lawyers. Even for those of us involved in solicitor type work such as boardroom negotiations and drafting agreements, chances are non-contentious matters such as probate, letters of administration applications or joint divorce petitions, to name a few, still bring us to court.

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Official MM2H Workshop (Looking Forward to Updates!)

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On 20th March 2018, it was publicly announced for the first time at the British Council event (where I presented my Wills Seminar to British expats) held at E&O Hotel, Penang that new MM2H guidelines would come into effect mid-2018. This announcement resulted in more questions than answers and the expat community in Malaysia were understandably concerned. On our part, we wrote to the Immigration Department for clarifications and our proposed suggestions (in a nutshell for existing MM2H holders as well as applicants who had submitted their applications to be “grandfathered”).

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Important MM2H Updates! Popular FAQs Answered!

Posted on 15 CommentsPosted in MM2H, Penang, Property, Retirement, Tax

MALAYSIA MY SECOND HOME (MM2H): FREQUENTLY ASKED QUESTIONS, MAY 2018

It’s been months since I published our last MM2H FAQ. Since then, I’ve had an overwhelming number of questions from those of you seeking clarification as you consider making Malaysia your new home. As there have been many questions, I’m going to list the most common ones in our latest MM2H FAQ sheet, which I hope will help to ease the process for you!

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Estate Planning for SMEs at Vistage

Posted on Leave a commentPosted in Estate Planning, Investments, Tax, Wills

As someone who likes his advice to be user friendly, there’s nothing like getting direct feedback from the business community. Specifically, in terms of the laws of succession and estate planning, what type of guidance they need. I recently received an invite from Vistage, a peer advisory grouping of CEOs and business owners, to chat to them about Estate Planning for family owned SMEs. Of course, I accepted without hesitation.

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