Alternative to Malaysia My Second Home? What you need to know about the Labuan set up.

Malaysia held her much anticipated elections on 19 November 2022. No one party obtained a clear majority needed to form the government but negotiations took place very swiftly. Alliances were soon created to give the Pakatan Harapan coalition another chance to steer the country with Anwar Ibrahim as Prime Minister for the next five years. […]

The latest on applying for Sarawak Malaysia My Second Home (MM2H), Malaysia

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 […]

Cheaper properties now available to foreigners in Penang

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 […]

Police Permit for inter-state travel within Malaysia during this Conditional Movement Control Order (CMCO)

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 […]

Tech Entrepreneur Pass or Malaysia My Second Home?

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 […]

Estate Planning for SMEs at Vistage

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 […]