Merry Christmas to all of you.
Just a small introduction of myself and family.
We are considering to move to Malaysia and most probably it will be KL.
I am reading here for a few months now and sure, some of my questions came already up.
We live for the moment in Scotland and are looking forward to move on. Here, we are as well expats as we come from other country's in the EU. We are living here for almost 8 years and sold a few months ago our business (were we are still working).
We have chosen KL as we love the city and are looking for a good international school for our child. (have read a lot about the different schools and know more or less about the fees).
Mont Kiara is one of the places were most of the expats live.
We rather would like to be living in a mixed area (were locals and expats live together).
We will try to get a MM2H visa as we are not yet 50 and hopefully do not need to apply for a job.
After having sold our business, we invested the money in real estate and commercial properties (thanks God, they are leased and hopefully our tenant will pay us for a very long time punctual our lease).
Having said this, I think it should be possible to live on a £5,000-£6,000 a month.
I know, the question what most would ask: how expensive is malaysia, how much do I need to live comfortably in Malaysia etc.)
With £5,000+ available per month, I can almost live well all over Europe (just depends on how much you spent). We don't need the luxurious live but also do not want to live on the cheap. We want to pay for good education for our little one and afford the regular little holidays and other treats.
For the moment it would represent between MYR25,000-30,000 (exchange rate at around 1/5).
Renting a flat or house can be at MYR3000 and easily go up to 20,000 (again, depents were you want to be and how big it has to be).
To make it short: £5-6,000 per month available to spent should be enough to get you a decent quality of live without being worried to much.
Kind regards and hope to meet some of the expats in KL