Morning again,
As I introduced myself in another post, now I have a few questions regarding MM2H.
Under 50, you need to put down a MYR300k and can withdraw in certain circumstances half of it after a year.
Over 50, MYR150 as a deposit.
If you are under 50 and put down a 300k, will you be considered the same as the one who is 50years old, once you reach this age, hence, leave only 75000MYR as a deposit?
Has someone experience with bringing in a car from abroad. New ones are very expensive in Malaysia or you buy the local brands.
An expat is allowed to bring in a used car. I would rather do this and drive a car, we probably never would buy in Malaysia because of the cost.
regards,
MM2H
caipirinha08
02 January 2012 13:10:36
14
steveso
02 January 2012 14:18:12
24
You can check out this website for any of your questions.
http://www.my2home.info/index.php
abdrahma
28 February 2024 16:48:46
5
@caipirinha08
Another option would be to purchase a car subscription. Insurance and routine maintenance all inclusive for a monthly payment. I use Flux and have 7 passenger small minivan paying $380/mo USD.
tomsanderson80
29 February 2024 00:34:03
3
@abdrahma
Howis it going wiht FLUX?
I saw that and seemed awesome!
I guess it's more of a rental style, so no wonership, but as a structure it really looked amazing option
I'm in Penang, so I need to contact them if they will allow that to happen here
Thanks,
Tom
abdrahma
02 March 2024 14:27:17
5
It's going well. They collect the ca
abdrahma
02 March 2024 14:37:47
5
It's going well. They collect the car quarterly for routine maintenance that lasts less than a day. I had an accident but the insurance covered all of the repairs. Most rentals are higher than mine especially if you choose more expensive import cars.
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