Malaysia
Tunku Abdul Rahman
Malaysia
Vibrant cultures and lush landscapes intertwine, making Malaysia an attractive destination for travelers and expatriates alike. The country’s cultural diversity is matched only by its natural beauty, from the frenetic pace of city life in Kuala Lumpur to the serene beaches of Langkawi.
Under Prime Minister Anwar Ibrahim, Malaysia is implementing economic and social reforms to enhance growth and sustainability. These initiatives are modernizing the economy and creating a more inviting environment for remote work and foreign investment.
With affordable living costs, reliable internet and welcoming locals, Malaysia is gaining popularity among digital nomads, investors and those seeking a balanced lifestyle.
English is commonly spoken in urban areas and a straightforward visa process allows for extended stays, making Malaysia an appealing choice for those exploring Southeast Asia while working remotely or considering long-term relocation and investment opportunities.
| 🌎 CONTINENT | ASIA |
|---|---|
| 📌COUNTRY | MALAYSIA |
| 👫🏻POPULATION | 33,938,221 |
| 🙏RELIGION | ISLAM (OFFICIAL) |
| 💵CURRENCY | MALAYSIAN RINGGIT (MYR) |
| 💉C19 VAX REQUIRED | NO |
| 🔌POWER | 240V - 50Hz |
| 💰GDP PER CAPITA | $11,371 PER YEAR |
| ✈️AIRPORT | KUALA LUMPUR - KUL |
|---|---|
| 🪪 VISA FREE | 90 DAYS |
| 🏝️LAND OWNERSHIP | RESTRICTED |
| 🛜AVG INTERNET SPEED | 113 MBPS |
| 💧TAP WATER | NOT RECOMMENDED |
| 🏧ATM LIMIT | VARIES BY BANK |
| 💳CASHLESS | WIDELY ACCEPTED |
| 💸TIPPING | NOT EXPECTED |
TAX FRIENDLINESS
Digital Nomad Tax Friendliness: 75/100
- Malaysia introduced the DE Rantau Nomad Pass in 2022, allowing digital nomads to stay for up to 12 months.
- The territorial tax system means only Malaysian sourced income is taxable, which is favorable for digital nomads.
Expat Tax Friendliness: 70/100
- Expats are taxed on Malaysian sourced income only.
- Tax rates are progressive, ranging from 0% to 30% for residents.
- Non residents are taxed at a flat rate of 30% on Malaysian sourced income.
Investor Tax Friendliness: 80/100
- There is no capital gains tax on equities in Malaysia.
- Real Property Gains Tax (RPGT) applies to property sales, with rates varying based on holding period.
- Corporate tax rate is 24%, which is competitive in the region.
Crypto Tax Friendliness: 65/100
- Cryptocurrency is not recognized as legal tender in Malaysia.
- Gains from cryptocurrency trading may be subject to income tax if it’s considered a business activity.
- The tax treatment of crypto is still evolving and lacks clear guidelines.
PORTUGAL PRICE REFERENCE
MALAYSIA HOLIDAY LETS
VISA REQUIREMENTS
Malaysia Tourist Visa for UK Citizens
Overview: Malaysia is a popular destination for UK tourists and offers visa-free entry for UK citizens for up to 90 days.
Citizens of other countries can find a comprehensive list of visa requirements on the Malaysian governments immigration site Here.
Key Points:
- Visa-Free Entry: UK citizens do not need a visa to visit Malaysia for tourism purposes if their stay is 90 days or less. This applies to both single and multiple entries.
- Passport Requirements: Your passport must be valid for at least 6 months beyond your date of entry into Malaysia. Ensure you have enough blank pages for entry stamps.
- Extensions: If you wish to stay longer than 90 days, you must apply for an extension at a Malaysian Immigration office before your initial stay expires. Extensions are granted on a case-by-case basis.
- Purpose of Stay: This visa-free entry is strictly for tourism, visiting friends or family and other non work related activities. Engaging in paid employment or work related activities on a tourist visa is illegal.
- Entry Points: You can enter Malaysia through major international airports like Kuala Lumpur International Airport (KLIA) or via land borders from Thailand and Singapore.
Important Links:
- Malaysian Immigration Department – for official information on visa requirements.
- Malaysia High Commission in London – for consular assistance and further inquiries.
Malaysia Digital Nomad Visa (DE Rantau Nomad Pass)
Malaysia has introduced the DE Rantau Nomad Pass, a digital nomad visa designed to attract foreign remote workers. This visa allows location independent professionals to stay in Malaysia for up to 12 months with the possibility of renewal. The program aims to foster a thriving digital nomad community and strengthen Malaysia’s position as a hub for digital entrepreneurship in Asia.
Key Points:
- Eligibility: The DE Rantau Nomad Pass is available to nationals from all countries, provided they meet the minimum income requirement and work in qualifying digital fields. These fields include IT, digital marketing, content creation, software development, cybersecurity and digital currencies.
- Minimum Income Requirement: Applicants must demonstrate an annual income of at least $24,000 (approximately RM113,000). This can be proven through employment contracts, freelance agreements or other forms of proof of income.
- Dependents: The visa also allows dependents to accompany the primary applicant making it a suitable option for digital nomads with families.
- Application Requirements: Applicants must provide proof of employment in the digital sphere, evidence of meeting the income requirement and a clean criminal record report.
- Visa Benefits: In addition to the ability to stay in Malaysia for up to 12 months, DE Rantau Nomad Pass holders gain privileged access to coworking facilities and other services tailored for digital nomads. This pass is part of a broader initiative by the Malaysia Digital Economy Corporation (MDEC) to create a supportive environment for remote workers.
- Program Expansion: The Malaysian government has announced plans to expand the DE Rantau Nomad Pass eligibility to include a broader range of remote workers beyond IT and digital professionals. This includes founders, CEOs, COOs, accountants, legal professionals, writers, business managers and similar roles. The minimum income requirement for these roles is set at $60,000 (approximately RM281,576) annually or $5,000 monthly. However, as of this update, this expansion is not yet in force.
Important Links:
- Malaysia Digital Economy Corporation (MDEC) – official site with detailed information on the DE Rantau Nomad Pass and other digital economy initiatives.
- Malaysia High Commission in London – for further guidance and assistance with visa applications.
This visa offers a comprehensive solution for digital nomads looking to work and live in Malaysia, with benefits that extend beyond just a visa, fostering a vibrant community of remote workers.
Malaysia Retirement Visa
Overview: Malaysia does not have a specific retirement visa but the Malaysia My Second Home (MM2H) program is an excellent alternative for UK retirees looking to enjoy their golden years in Malaysia.
Key Points:
- Malaysia My Second Home (MM2H) Program: The MM2H program is a long-term visa that allows foreigners, including retirees to live in Malaysia for up to 10 years with the possibility of renewal.
- Eligibility: Applicants must meet specific financial criteria, including proof of a monthly offshore income of at least RM 10,000 (around £1,750) and liquid assets of at least RM 500,000 (around £87,000) for those under 50, or RM 350,000 (around £60,000) for those over 50.
- Health Insurance: Applicants must have medical insurance covering their stay in Malaysia.
- Work Flexibility: While MM2H is primarily for retirement or long-term living, participants aged 50 and above can work up to 20 hours per week in certain professions if desired.
- Benefits: MM2H visa holders can buy property in Malaysia (subject to local regulations), enjoy favorable tax conditions and travel freely in and out of the country without additional visas.
Important Links:
- Malaysia My Second Home (MM2H) – official site with detailed information on the program.
- Malaysia High Commission in London – for guidance and assistance with the MM2H application process.
OTHER NOTES
ARE ID CARDS REQUIRED
Are ID Cards Required in Malaysia for Everyday Interactions and Transactions?
Overview: In Malaysia, identification is an important aspect of daily life with local citizens and foreigners alike required to show ID in various situations.
Key Points:
- For Locals: Malaysian citizens must carry a MyKad, the national identity card which is used in nearly all aspects of daily life, including banking, healthcare, voting and more.
- For Foreigners: While foreigners are not issued a MyKad, they are expected to carry a form of ID, such as their passport or a residence card if they hold a long-term visa. It’s advisable to carry a photocopy of your passport when out and about, while keeping the original in a secure place.
- Daily Use: ID checks are common when entering government buildings, registering at hotels or engaging in legal transactions such as signing contracts. You may also be asked for ID when purchasing certain restricted items or during interactions with the police.
- Banking and Legal Matters: A valid passport is required for foreigners when opening bank accounts, renting property or signing official documents.
ARE GM FOODS ALLOWED
Are GM Foods Allowed in Malaysia?
Overview: Malaysia allows the importation and consumption of genetically modified (GM) foods, but they are subject to strict regulations to ensure safety and proper labeling.
Key Points:
- Regulation: GM foods in Malaysia are regulated by the Biosafety Act 2007, overseen by the National Biosafety Board and the Ministry of Health. These bodies ensure that GM foods undergo rigorous safety assessments before being approved for sale or consumption.
- Labeling: Malaysia has mandatory labeling requirements for GM foods. Products containing more than 3% genetically modified organisms (GMOs) must be clearly labeled, allowing consumers to make informed choices.
- Public Perception: While GM foods are allowed, there is ongoing public debate about their safety and environmental impact. Consumers in Malaysia are becoming increasingly aware of GM food issues and some opt for non-GM or organic products.
- Import and Sales: GM foods are primarily imported and you’ll find them in supermarkets and food products across the country, often without much public attention due to the mandatory labeling.
Important Links:
- National Biosafety Board Malaysia – for more details on GM food regulations.
- Ministry of Health Malaysia – for information on food safety standards.
TRESPASSING - RIGHT TO ROAM
Trespassing, Right to Roam and Wild Camping in Malaysia
Malaysia’s diverse landscapes, from tropical rainforests to serene beaches offer ample opportunities for outdoor activities. However, it’s important to understand the country’s rules regarding trespassing, the right to roam and wild camping.
Key Points:
- Trespassing: Trespassing on private property in Malaysia is illegal and can result in fines or legal action. Landowners have the right to restrict access and it’s essential to respect “No Trespassing” signs and other markers of private land.
- Right to Roam: Malaysia does not have a legal “right to roam” as seen in some countries. Access to rural and natural areas is usually restricted to public lands, national parks and designated recreational areas.
- Wild Camping: Wild camping is not widely practiced in Malaysia due to legal restrictions and the potential dangers from wildlife and harsh environmental conditions. Camping is typically only allowed in designated campgrounds, many of which are located within national parks or eco-tourism sites. Permits may be required.
- Safety Considerations: Due to the tropical climate, the presence of wild animals and potential security concerns, it’s advisable to camp in official sites where facilities and safety measures are in place.
Important Links:
- Department of Wildlife and National Parks Peninsular Malaysia – for information on camping regulations in national parks.
- Malaysia Embassy in the UK – for general travel advice.
420 FRIENDLY?
420 Friendly? (Cannabis Laws in Malaysia)
Malaysia has some of the strictest drug laws in the world, including severe penalties for cannabis possession, use and trafficking. It is not a 420-friendly country and extreme caution is advised.
Key Points:
- Legal Status: Cannabis is classified as an illegal drug in Malaysia, with very harsh penalties for possession, use and distribution. The law under the Dangerous Drugs Act 1952 is stringent and even small amounts can result in severe punishments.
- Penalties: Possession of 200 grams or more of cannabis is considered trafficking, which carries a mandatory death sentence upon conviction. Even possession of smaller amounts can lead to lengthy prison sentences and heavy fines.
- Medical Use: In recent years, there has been some discussion about legalizing cannabis for medical use, but as of now, it remains illegal in all forms.
- Public Attitude: There is a strong social and legal stigma against drug use in Malaysia and the government actively enforces its anti-drug laws. The consequences of being caught with cannabis are severe, making it essential to strictly avoid any involvement with cannabis in this country.
Important Links:
- Malaysian Embassy in the UK – for legal advice and assistance if needed.
Malaysia Journal
