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sebbyNZ

@sebbyNZ

New member

New Zealander expat in Malaysia

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5 posts

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2

About me

New Zealander

Lives in Kuala Lumpur

Registration: 01 February 2019

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sebbyNZ replied to a thread
5 years ago
expat000

MM2H: how long did it take for you? by expat000

How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!

sebbyNZ

Good day, since the link was moderated and I guess includes valuable info can you repost a piece of the info included there in an acceptable format ? TIAPasting from other source: Hi Pat, from my understanding the reason why you open two FD is that ... Read More

sebbyNZ replied to a thread
5 years ago
expat000

MM2H: how long did it take for you? by expat000

How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!

sebbyNZ

Maybe I don’t understand...will the MM2H allow one to establish an FD with a one year maturity? Can one simply roll over the account year-after -year? If that’s true then maybe one should establish a whole bunch of FD’s with ... Read More

sebbyNZ replied to a thread
5 years ago
expat000

MM2H: how long did it take for you? by expat000

How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!

sebbyNZ

It absolutely makes sense to split into two FDs. Though you are *allowed* to withdraw after one year (pending approval) that doesn't mean that a bank will not charge you penalties for breaking your FD early. You want to structure it so that the ... Read More

sebbyNZ replied to a thread
5 years ago
expat000

MM2H: how long did it take for you? by expat000

How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!

sebbyNZ

Thanks for the update, cinnamonape! At 41xxx, I probably won't hear until end of the year or early next year. More working and saving for me....I'm 40xxx and will post when I hear something on my one. Read More

sebbyNZ replied to a thread
5 years ago
expat000

MM2H: how long did it take for you? by expat000

How long was your process from the day of accepting all of your documents by the office to issuing the letter of approval? Could you please state month and year in your reply. Many thanks!

sebbyNZ

I understand that, interest earned from the FD for the duration of the 10 year visa is not taxable, is this correct? Thanks!Not taxable by Malaysia but you will probably have tax obligations to Australia until you establish an MY residency and ... Read More