Malaysia just removed itself from the list of FIRE destinations for most people.

[u/almost_retired]

You can find my original post about retiring and moving to Malaysia here

The "Malaysia My Second Home Program" (MM2H) targeting foreign retirees had been suspended since August last year. The Malaysian government has just re-launched the program, but with some very steep requirements:

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• Demonstrable monthly offshore income of $RM40,000 (~US$9,500) vs 25% of that previously.
• Bank deposit in Malaysia of $RM1 Million (~US$235K) vs 25% of that previously.
• Must spend at least 90 days a year in Malaysia vs 0 days minimum previously.

Malaysia used to be a very desirable FIRE destination because it was inexpensive, safe, English speaking, had good infrastructure and it was relatively easy to get a retirement VISA.

That last item is pretty much gone. If you are FIREd and pulling $10K a month, you probably have better options than Malaysia.

Oh well.

[u/scorp171]

I found it through my company. They have deals with the condo management companies and got a bulk discount. I think mine was around 2k-2300RM per month.

[u/yongelee_ → u/scorp171]

Ah cool, do you think someone could contact those kinds of companies and get a deal like that? Or do you have any idea of how to get those deals independently? Like what to look for

[u/scorp171 → u/yongelee_]

You'll have to be employed by those companies - and seeing the work culture of Malaysia, I would say it would beat the purpose of this subgroup.

I would value my 70-80hrs/week way more than 1000-1500rm per month.