Re:Secret Bitcoin billionaires to renounce their US citizens...
by pentae on Sunday February 04, 2018 @09:59AM
(#16302955)
I was considering it a few years back myself, but then I went and spent some time in Malaysia and couldn't fall in love with it. I ended up in Thailand and much prefer it here. I recommend spending some time in Malaysia before you take up the MM2H program.
Re:Secret Bitcoin billionaires to renounce their US citizens...
by shlant on Tuesday February 06, 2018 @08:17PM
(#16321537)
We actually did Thailand first and are just about to leave Chiang Mai after spending a total of 2 years here. We have been to KL twice and Penang twice. We will be spending a couple months in Penang this summer and then a few months in Kuching to narrow down where we want to settle. So far have not found any deal breakers, and the Durian/fruit situation makes it VERY enticing.
Chiang Mai was top of the list for a while (we have done most of the rest of Thailand), but considering the Thai Elite Visa does not give good ROI and burning season makes the North awful for 3-4 months of the year, Thailand is no longer a top pick. Also we have kind of outgrown it at this point.
It requires a large initial deposit and proof of funds, but all foreign-sourced income is tax free.
Malaysia is very centrally located in SEA, has great weather year round, very modern, great food.