Presentación de PowerPoint - Live and Invest Overseas · At A Glance •Population – 28.7...

Malaysia

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© 2011 Live and Invest Overseas, Inc.





Malaysia Very Modern...





Malaysia Very Diverse...



At A Glance

• Population – 28.7 million (July 2011 est.)

• Median age / life expectancy - 26.8 / 73.79

• Official Language – Bahasa Malaysia

• Currency – Ringgit (MYR)

• GDP per Capita (PPP) – $14,744 (2010 est.)

• Climate – tropical; SW (April to Oct.) and NE

(Oct. to Feb.) monsoons, hot and humid

• Natural Hazards – flooding, landslides, forest

fires

• Government – Constitutional monarchy





What about...

• Population – 800,000 (Metro 1.2 million)

• UNESCO World Heritage Site

• Consistently ranked as one of Asia's “most

livable cities”

• Beautiful mix of British colonial architecture and

traditional Chinese shop-houses

• Large expat population and friendly locals

• Minutes away from beaches and cool hill

stations

• Great eating! World-renowned “food town”



Georgetown



Georgetown





Cost of Living Georgetown, Penang



Rent Furnished 2 bedroom condominium US$600

HOA Fees N/A 0

Property Taxes N/A 0

Transportation Occasional bus and taxi fares 60

Gas For cooking 5

Electricity, water, trash Using A/C at night and most days 85

Telephone Digi prepaid cell – New SIM plus100 minutes 4

Internet Unlimited access 23

Cable TV English language channels through Astro 40

Household Help Allow $150 if full-time maid is required 0

Food Groceries for two people 170

Entertainment Frequent meals out, miscellaneous expenses 200

TOTAL (At 3 MYR to 1 USD) US$1,187



Property Costs

Rent for US$300 per month…

Buy land for as little as US$100 per square foot

(minimum cost for foreigners, including house,

must be at least 500,000 MYR – US$167,000)

Buy condominiums for as little as US$167,000

(minimum purchase price for foreigners is

500,000 MYR – wide range of condos for this

price)

Buy houses for as little as US$333,000 – most

homes start at about 1,000,000 MYR

Georgetown, Penang





What about...

• Population – 1.9 million (Metro Klang Valley -

7.2 million)

• Malaysia's modern capital city

• Excellent shopping and eating

• Efficient public transportation – hub for Air Asia

• English spoken and understood by almost

everyone

• First-world healthcare

• High standard of living yet still affordable

• Culturally diverse, foreigners very welcome



Kuala Lumpur



Kuala Lumpur





Cost of Living Kuala Lumpur



Rent Furnished 2 bedroom condominium US$650

HOA Fees N/A 0


Transportation Bus, train, monorail and occasional taxis 58

Gas For cooking 5





Household Help Allow $250 if full-time maid is required 0



TOTAL (At 3 MYR to 1 USD) US$1,235



Property Costs

Average three-bedroom middle-class apartment or

condo costs around US$500 to US$800 per month

Minimum purchase price for foreigners is 500,000

MYR (US$167,000), which will buy a very

comfortable condominium in the city

Houses start at around US$200,000, but

depending on what part of town you choose to live,

price may exceed US$1,000,000.

Prices for property in the city have been steadily

increasing for several years – good investment

potential

Kuala Lumpur





What about...

• Population – 435,000

• The Cat City

• Capitol of Sarawak, Malaysian Borneo

• Relaxed with a small-town feel, friendly locals,

impressive museums, and a beautiful waterfront

• A delightful mix of British and Chinese

architecture

• English is the primary language

• Wide range of outdoor activities – golf, wildlife

watching, beaches, hiking, etc.



Kuching



Kuching





Cost of Living Kuching, Sarawak



Rent Furnished 3-bedroom house US$350

HOA Fees N/A 0


Transportation Bus, occasional taxis 35

Gas For cooking 5





Household Help Allow $150 if a full-time maid is required 0



TOTAL (At 3 MYR to 1 USD) US$932



Property Costs

Rent for US$250 to US$1,000 per month

Buy land for as little as US$8 per square foot

(but total price, with house, must be at least

US$116,000)

Buy for as little as US$116,000

Sarawak is the only state in Malaysia where

foreigners can purchase real estate for only

350,000 MYR – elsewhere, minimum purchase

price is 500,000 MYR

Kuching, Sarawak





Malaysia Pros



One of the most developed Southeast Asian

countries

Good roads and infrastructure

High standard of (very affordable) health care

Cultural and racial diversity creates an

interesting population mix

Food-lovers paradise

Excellent beaches, cool highlands, many

outdoor activities

English-speaking

Many investment opportunities

Perks for retirees



Malaysia Pros





Malaysia Cons

• Hot and humid – little seasonal variation

• Traffic congestion in urban areas

• High duties on beer, chocolate, perfume, and

other vices

• Takes practice to understand the dialect

• Customer service can be poor

• Bugs – this is the tropics! (dengue fever in KL)

• Difficult to find pork (and sometimes beef) in

certain areas

• Some overemphasis on race and religion





Malaysia Cons





Residency



No visa required for most nationalities – a 90-day

Social Visit Pass is issued upon arrival

Making a border run to another country allows re-

entry for additional 90 days – many stay for years

this way

Malaysia My Second Home Program allows

qualified foreigners to apply for a Social Visit Pass

valid for up to 10 years and can be extended

There are other perks with the “MM2H visa” as well





The MM2H Program for People 50 and

Younger...

Assets 500,000 RM+ (US$161,000+), offshore

income 10,000 RM+ (US$3,222+) per month

Fixed deposit account at a Malaysian bank

300,000 RM+ (US$96,660+)

After 1 year, 50% can be withdrawn for home

purchase, child's education, medical expenses

Remainder must remain in the fixed deposit

account for the duration of your participation in the

program





The MM2H Program for People Older Than

50...

Assets 350,000 RM+ (US$112,770+) offshore

income 10,000 RM+ (US$3,222+) per month

Fixed deposit account at a Malaysian bank 150,000

RM+ (US$48,330) OR proof of government pension

of 10,000 RM+ (US$3,222+) per month

After 1year, 50,000 RM (US$16,110) can be

withdrawn for approved expenses

At least 100,000 RM (US$32,220) must remain in

the fixed deposit account for the duration of your

participation in the program



Medical Care

• First class, especially in urban centers – many

hospitals have received international

accreditation

• A top-spot for medical tourism

• English-speaking doctors trained in Europe, US,

Australia, etc.

• Modern and amazingly affordable (US$5 doctor

visits!)

• Dental care also excellent

• Prescription drugs cost much less than in the

U.S.





Taxes

• No taxes on income earned outside of Malaysia

(pensions, social security, etc.)

• No sales tax

• No property tax

• No inheritance tax

• No tax on interest earned in Malaysia

• Duties are high on some items (cigarettes, beer

and perfume, for example)

• Gas & some staple foods subsidized by the

government





Accessibility

• Kuala Lumpur is a major Southeast Asian

transportation hub. The KLIA airport receives a

large amount of traffic from all over the world.

• Many direct flights from the Americas and

Europe

• KL is the hub for budget carrier Air Asia

• Larger cities (Georgetown, Kuching, etc.) also

have international airports

• Connected by train to Thailand and Singapore

• Good buses and public transport

• Extensive highway system





Accessibility





Retiree Benefits

• The only country in Southeast Asia with a

specific retirement program - Malaysia My

Second Home (MM2H)

• Offers benefits for foreigners of any age. These

include being able to purchase or import one

car from abroad duty-free, obtaining a visa good

for up to ten years (extendable), being able to

bring dependent children, aging parents or a

housekeeper into the country under the visa,

and 80% financing for a house...

• Can hold employment up to 20 hours per week

or own a qualifying business





Recreation

• Miles of coastline, world-class diving, and

snorkeling…

• Jungle interior – wildlife watching, birding,

trekking, boating...

• Cool hill stations – hiking, a casino near KL, tea

and scones...

• Golf and Formula 1 auto races in KL…

• Great restaurants with varied cuisines…

• KL is renowned as a shopping mecca...

• Active expat clubs in KL and Georgetown…





Recreation





Is Malaysia

for you? • First-world living at third-world prices

• Has all the “back-home” amenities

• English-speaking

• First class health and dental care

• A racially diverse country offering culture and

cuisines from all over the world

• Investment opportunities

• Good for families, older retirees, couples

• Also consider Ipoh, Taiping, Kota Kinabalu,

Johor Bahru





Is Malaysia

for you?





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