Hi all,
We're a family with 3 kids currently living/working in HK (originally from UK). We're already on the MM2H scheme and are looking to move to either KL or Penang in he near future.
We live relatively cheaply even in HK, though as we'll be giving up work when moving to Malaysia, our major concern is ensuring we can cover costs - particularly schooling - once we move.
Does RM 25k per month seem like a realistic allowance for a moderate lifestyle with 3 kids in international school? Appreciate this wouldn't be lavish (we don't choose to live lavishly!), and we are not looking at tier 1 international schools, but rather somewhere where they'll be happy and receive a good level of education.
Any advice on this would be much appreciated, as knowing exactly when to take the plunge is the biggest challenge at the moment!
On a side note... if someone comes to Malaysia under MM2H, is there anything to stop them switching to a business/work visa at a later point in time and opening a business? I realise this would mean forfeiting MM2H, but is there anything actually preventing such a change?
Thanks!