Where should I setup a bank account in Malaysia?
We asked expats in Malaysia what banks they use and there advice about banking. They advised...
"Before retiring in Malaysia, expats should familiarize themselves with the cost of living in the country. Expats should also do their research on the taxation and visa requirements which may affect their ability to stay in the country. It is a good idea for expats to look into the local healthcare system to get a good idea of the available medical facilities and insurance options. Expats should also check the political climate in the area they are planning to retire in to ensure they will feel safe and secure. Lastly, it is advisable to make sure there are adequate social activities, such as clubs or events, which will facilitate a fun and rich retirement experience," mentioned another expat when asked about moving to Malaysia.
Other Questions:
- What should I pack when moving to Malaysia?
- Where should I setup a bank account in Malaysia?
- Will I be able to find a job in Malaysia?
- What is life like in Malaysia?
- What do expats in Malaysia appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Malaysia?
- Is there a lot of diversity? Are people in Malaysia accepting of differences?
- What are the schools in Malaysia like?
- What are healthcare services like in Malaysia?
- What are medical services in Malaysia like?
- Are healthcare and health insurance expensive in Malaysia?
- What are emergency services like in Malaysia?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Malaysia?
- How are local medical facilities in Malaysia?
- As a foreigner living in Malaysia, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in Malaysia?
If you live in Malaysia, newcomers to Malaysia would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.