British High Commission Estate Planning and MM2H update with Datin Sharifah Ikhlas, Director of MM2H While the Malaysia My Second Home Programme for Peninsular Malaysia has been put on hold, raising questions MM2H applicants and even MM2H agents can’t answer, the Sabah and Sarawak MM2H programmes are ongoing. (see: https://www.theedgemarkets.com/article/sarawak-continue-smm2h-despite-federal-govts-suspension-programme) The Sarawak immigration has distinguished itself as […]
Following my recent article on property purchase by foreigners (https://samchoong.com/2020/06/03/purchasing- property-malaysian-secondary-market-foreign-purchaser-needs-know/), it was reported on June 11th, 2020 that the Penang state government is lowering the price threshold of properties foreigners are entitled to purchase. Here is the summary of the price threshold of properties available for purchase by foreigners in Penang (island): The current […]
Inter-state travel in Malaysia, whether by road or by air, requires consent during this Conditional Movement Control Order period. https://www.thestar.com.my/news/nation/2020/05/20/air-travellers-need-permit-too I’ve just accompanied a foreign client to the police station in Pulau Tikus (Note that only the Police Station in charge of the area where you reside will process this application), Penang, to assist in […]
It’s been a momentous few months, starting with a seemingly innocuous virus a few thousands of miles away towards the end of 2019. It was very easy then to momentarily commiserate with the Chinese, dismiss this as a problem on the other side of the world and to get back to our lives. And get […]
On the topic of what properties can foreigners buy in Malaysia, a few days ago, a developer asked if I would be willing to do a seminar for them in Hong Kong to explore the possibility of Hong Kong nationals relocating or retiring to Malaysia via Malaysia’s long-stay visa, more commonly known as Malaysia my […]
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 […]
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 […]
What an exciting couple of weeks it has been! I got a few challenging wills signed off and advised on some complex structures for Malaysian families with UK ties.
Estate planning and will writing, while not a complex area of law, can sometimes be misunderstood.
Overseas investments can lead to a higher return. But there’s also the possibility of high transaction costs, currency depreciation and cultural miscommunication.