Expat Community > Malaysia

GeoffreyLevens
Joined 2013
Posts: 559

Newb w/ immigration financial quetions

11 years ago

"You will need to prove that you have a monthly income of RM 10,000 and also have to open a fixed deposit account of RM 150,000 with a Malaysian bank"

Just found the above in another thread. Seems crazy high to me. Unless my currency converter is way off that would be something like a $45 K acct and $3K monthly income. I am currently in Ecuador and Cost of living here is only slightly lower and you only nee $800/month and if you stay on "investment" visa, a $25K CD in Ecuadorian bank. First look around the interweb made it look pretty easy. Other sites make it look much hared w/ as much as double the above financials! So what's up for a retired single person?

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Expat Community > Malaysia

Newb w/ immigration financial quetions