½ûÂþÌìÌÃ

Best is you give a call to Maybank and consult their customer service.

split your transaction in to 3 parts & transfer 10k on each day.

@Yipp12

the limit is 10,000 rm

i always transfer to my maybank account.

you can transfer multiple times of 9500 rm for example. that is what i do with no issue.

recently i transferred a little over 10 k and the bank called me and started asking a lot of questions.

i hope this helps

@FJ1 Thank you for the information. That is daily limit, correct?

@Yipp12

I sometimes transfer three times aday 9k each time with no issue. the only time they called me is when i transferred over 10k at one time. this is maybank . other banks may have mire restri

@Yipp12 non resident means someone who doesn't have a citizenship, work permit, digital nomad visa, maid visa etc.. Mostly tourists .

@LaDee work permit, digital nomad visa, maid visa etc are still non resident,

The unique residents are MM2H, PR and of course Citizen

@DZINVEST according to LHDN "You are non-resident under Malaysian tax law if you stay less than 182 days in Malaysia in a year, regardless of your citizenship or nationality."  And that's how I have known it for the past year I have been here.

@LaDee We are talking about relationship with the banks, LHDN is another storie, this is Malaysia

If you dont have MM2H or PR you are not resident

Ask your bank

    @LaDee We are talking about relationship with the banks, LHDN is another storie, this is Malaysia If you dont have MM2H or PR you are not resident Ask your bank         -@DZINVEST

I think your and/or your bank are mistaken. Your visa/pass status has no bearing on tax residence. More than 182 days per year here and you're tax resident.

nomadcapitalist.com/finance/legal-tax-reduction/malaysia-tax-residency/

@Cobolin @LaDee NomadCapitalist ?? lol

We are not discussing tax residency; we're talking about simply being a resident or not.

I mentioned that you need to have Permanent Residency (PR), Malaysia My Second Home (MM2H), or citizenship to be considered a resident in Malaysia.

Definition of Resident:  Those are the unique situations in which you are considered a resident: 

1) A Malaysia citizen who does not hold any permanent

resident status in other country or territory outside

Malaysia and is residing in Malaysia;

2) A non-Malaysia citizen who has obtained permanent

resident status in Malaysia and is residing in Malaysia,

the determination shall be guided by existing tax ruling*

in Malaysia;

3) A body corporate incorporated or established, or

registered with or approved by any authority, in

Malaysia;

4) An unincorporated body registered with or approved by

any authority in Malaysia; or

5) The Government or any State Government.

Source Bank of China in Malaysia:

You can be considered a tax resident in Malaysia without being regarded as a permanent or long-term resident. Tax residency and residency status are determined by different criteria:

Tax Residency: In Malaysia, tax residency is primarily based on the number of days you spend in the country. Generally, you are considered a tax resident if you are in Malaysia for 182 days or more in a calendar year. This status allows you to be taxed at resident rates, which may offer certain tax advantages, such as lower rates and eligibility for tax deductions and credits.

Residency Status: Being considered a resident in terms of immigration or legal status (e.g., holding a Permanent Resident (PR) status, being a participant in the Malaysia My Second Home (MM2H) program, or being a citizen) involves different criteria. These criteria can include the legal right to live in Malaysia, work there without a work permit, own property under certain conditions, and more.

Therefore, it's possible to meet the criteria for tax residency by spending a sufficient amount of time in Malaysia within a year, without having a PR, MM2H, or citizenship status, which are related to legal residency status and carry different rights and obligations.

is it ok now ?