The Best Value Place to Live in the World
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- Опубликовано: 27 июн 2024
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If you want to escape the dreading daily routine, legally reduce your taxes and find more freedom, then this country is for you.
In this video, Andrew shares the best value place to live in the world.
00:00 Start
1:50 What makes Kuala Lumpur Attractive
2:19 Singapore vs. Kuala Lumpur
4:02 Benefits of Living in Kuala Lumpur
9:50 Taxes in Malaysia
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As a Swede living in Malaysia(countryside), i would say this about Kuala Lumpur:
Pros:
1. Cheap - You can eat a nice meal for less than 2 dollars in local restaurants, even less sometimes. You can rent an apt with 2+ bedrooms and a pool for less than 300 dollars a month in certain
neighborhoods. Taxis are cheap, transport is cheap, gas is cheap, most things are cheap.
2. Modern - There are many big shopping malls, big buildings and nice restaurants, it's modern and sometimes feels like you are in New York.
3. Travelling hotspot - This is Airasia's biggest hub and you can access local and international destinations in a quick and cheap manner, giving a great opportunity to visit the rest of Asia.
Cons:
1. Dirty - I wouldn't say it is incredibly dirty, like Manila or Jakarta for example, but it is still far from western standards, some neighborhoods are smelly with a lot of trash on the ground and are a bit rundown, in this matter, it is miles behind Singapore which many like to compare KL to.
2. Inconvenient - The city looks like it was made on a video game by a 5 year old, except KLCC and the older neighborhoods, nothing really makes sense, developments are added here and there wherever there is space and nobody really seem to investigate possible issues or congestion beforehand, sometimes you will have to drive 15min just to cross the road with your car as there are no overpasses anywhere. Forget about walking, there are very few sidewalks and walking bridges outside the center. The transports are also incredibly inconvenient. Nothing seems thought out in the infrastucture.
3. Lacks culture - Sure there is Batu Caves, some chinese and Hindu temples and streets etc. But if you compare the city to many other Asian capitals, such as Bangkok, Vientiane, Hanoi etc. There isn't much to see when it comes to older buildings and nothing really impressive.
Overall, Kuala Lumpur is a nice city to visit, but unless you are making a good amount of money(3000$+) and can live in the nicer neighborhoods, you will be far from the western standards and eventually get tired of the constant traffic, smells and sounds, in that case, i would never pick it as my primary residence.
Better options for low budgets in my opinion are Hanoi, Da Nang, Penang, Yogyakarta.
Nicely said, i agree except i can't find food for less than $2.5(12rm) Bangkok #1
@@dt9510 I guess in mamak shop, but yes depends on the neighborhood :) Here in Kuantan it is about 6-9Rm for a meal :)
3000$ per month?
any better options in Malaysia?
@@Amorhoo Langkawi, Malacca, Penang(if you prefer city), Kota Kinabalun
Frankly as a Malaysian, we are the most underated country in the world for decades at whatever angle you look !
cool it looks amazing bro! where do you think I should look at to get help as an entrepreneur to get a visa?
yes it's a country I would be scared to death if I needed to go to. Fortunately I don't
Yes if you're not black
Langkawy was the most polluted place I have seen in my life. I hope the rest of Malaysia does better.
Great but Malaysia has priced themselves out of the visa market. The requirements are now bonkers. Clearly they don't want anyone at the moment.
Malaysia is an incredible country. I've living other big countries like Canada, Australia, US and Europe. But nothing is Malaysia. The people are warm and easy to get connected. Amazing food and nature. Safe and their healthcare system is great!
Taiwan is great as well.. people are really friendly and safe
@@cdnsilverdaddy Safe, other than maybe some crackpot authoritarian regime starting war with you :D
@@cdnsilverdaddyYeah, they have a great next door neighbor that considers them theirs 🤦🏽♂️
....an as a non-muslim and/or non-malay u are a person second class even by the constitution. VERY clever to settle there lol
@@chrisrauber6602 then how does Nomad Capitalist do it? He's not Malay, he's not Muslim. He LOVES it in KL.
🧐
Having lived and worked in 6 countries so far, I have to say Switzerland is the best value for me. Yes, it is rather expensive, but that is easily compensated with lower taxes and (as an employee) higher wages or (as an entrepreneur) low price sensitivity of customers. The scenery is breathtaking, zero corruption, everything just works and you are smack in the center of Europe allowing you to reach most of it comfortably by train (and quickly enough so that it makes sense to go for a weekend). On a personal note, I also really appreciate the direct democracy that really prevents the extreme polarization and culture wars you get in most western democracies. 10/10 country!
true and its gorgeous just very very boring but i cant disagree with what yoiu said
The main problem tho is it’s full of Swiss people…
Zero corruption lol
What kind of visa though?
@@jiti5034 the WEF visa lol
Malaysia is my favorite country in Asia to live for all the things that you’ve mention. People and how they go about their daily life and business make a huge difference for me. It is a winner for sure!
This video may have been the factor that has helped me to decide on moving to KL. I'm a military retiree and could really live a nice life out there.
I'm 🇦🇺, I've been to Malaysia multiple times and it's the best place in Asia. KL is incredible these days. It's gor the vast majority of the upsides of the west (modern tech, health care, transport) with the upsides of Asia (food, people, affordability)
Better than Japan ?
I've been following retired expat RUclipsr Andrew Taylor in KL, Malaysia and it's a place I'm interested in going to when I retire, for all the reasons you mentioned. I'm not wealthy, so I'm hoping they return to their previous visa requirements for retirees.
our govt did the u turn when the numbers of new applicants for MM2H programme fall drastically last year.
@@mohdariff4432 Can you provide a link or more information on the u-turn? I would like to see them go back to the old MM2H requirements, but have not seen any proof of that. Now, Sarawak MM2H has the old mainland MM2H requirements and still doable.
Texan here in Malaysia and I'd like to know what this $600 club is😊. This is my
Second time here and I'm married to a Malaysian. This country really grows on you.
"Not a lot of Karens running around" sounds good to me. 😂😂😂
😂😂😂😂😂
Well said
Not to be understated. Too many angry people here in the U.S.
What about zombies?
Oh there sure are, only they're Muslim men trying to tell all the other Muslims what to do. As a foreigner they'll leave you alone however
Therefore I'll always be rooting for Malaysia.I lived there in 2013 in Damansara Perdana and I experienced a beautiful city where you feel welcome no matter which part of the world you're coming from! Kuala Lumpur is something absolutely forward!
KL could do with better planning and a proper public transport network. The buses are abysmal and the metro network planning is politically driven to serve largely Malay areas.
This year is exciting year for Malaysia because a GDP of 500 billion USD is expected this year as soon as we can produce our own biodiesel
Agree with this 100%. When you talk in absolutes like “best healthcare” “best quality of life” you won’t find it here. But in terms of value for the money. Yes absolutely.
@@monkeyrater yes racial quotas are very desirable. Wow.
@@monkeyrater There wouldn't be poverty if greed at the top and corporations laying in bed with career politicians were curbed. That's the root cause. Fix that and even your lowest earners in society wouldn't be poor and very happy. You can implement all the quotas you want but that won't get rid of poverty, it just makes you more diverse.
Ah compassion. That’s the compassion where you confiscate other peoples money right?
@@TheMichaelMove When someone who has been marginalized puts a shiv in your side, racial quotas will be quite important.
@@donnamaco1 ok so racial quotas out of fear. This just gets better and better
I’m starting to get the impression you like Malaysia
I like that locals don't harass you... When I asked why, the locals said - because we travel to other SEA countries and don't want to be like them lol :)
12 years there forth back. More than 130 countries visited in the world. Malaysia 😅s the best country in the world. Top quality if you want, Authentic Japanese culture if you long for, excellent local and international cuisine. People are amazing. Arabs, Chinese and Indians there among the Western people. Best flight connections throughout Asia….best people, lovely locals. Laid back. Well developing with forward thinking leader’s keeping alive heritage. Not as cheap anymore but still amazing value for money. Eastern Europe was great 10 years ago, Spain 20 years ago- today to run away from.
Somehow I feel you have all things from a perfect world from all places- excellent meat, top prepared doctors….nothing at all I could say is anywhere better. Maybe Thailand somehow better food choice but still in Malaysia you get allllllllll you want. Best beef from Australia, stable. 😅t’s not a speculated country. You are basically in the middle of Asia connected to all the growth countries of the world. Forget US and Europe. Unfortunately their Malaysia my second home has gone bonkers expensive. Once they sort that out- bye bye Europe. Very stable country. Faaar better than Singapore and cheaper, less stress…best- no US, no China and nobody will take it over. They play all cards including the Arabs. It’s connected to all 3 blocks well. It’s a less show off Dubai without the need of bling bling. Can’t agree more to this article. Only downside- weather is humid as it is all throughout this part of Asia. Maybe Bangkok is better but looks far less green. And then you have Borneo- a wonderful place belonging in parts to Malaysia.
Far better than singapore in quality of life? Cope harder. When your whole system of government is corrupt to the core. Dont even bother about the nice things.When traffic police asks for bribes to not give u a ticket. You know the country is so screwed.
@@jonathanchia9167 it is corrupt. Many are looking through rose tinted glasses.
Malaysia is like a very very cheap Singapore. It is very clean, serene, great roads and i agree with this message. I absolutely loved it when i was there in 2018 and don't forget you get the cheapest Rambootans anywhere in the world and that is the icing on the cake.
Rambutan, Rambut = hair. There are different species of Rambutan.
Another tasty fruit is Ciku, no so common.
And then there's the Dreaded Musang King.. 🤣
comparing malaysia and singapore is comparing China and taiwan. Malaysia is 450 times bigger than singapore. Wanna compare singapore, use Bali instead. Or another country similar in size.
Spent 3 months in Penang... love it love it love it 🤩
Took a short driving vacation to central Oregon. Lunch for a family of 4 (hamburgers, fries,soda and salad for wife) was $115. Rented as small boat for 4 hours - $400 plus $55 gas at $7.50 a gallon. So $570 usd for 4 hours of vacation plus gas to get there and some kind of national forestry pass for more money and a fee for a one day boating license. Then they discretely tried adding a 20% tip which I had them remove and instead gave then $20 each for the 5 minutes they helped us. Bloody expensive.
I am so glad that Malaysia is getting more and more love.
I was deployed to the Pacific in 2005, and we pulled into KL. It was a wonderful place. It was also the only port I visited where I still had money when I left.
good for you
I’m guessing that it was mostly due to KL not having an abundance of Lady bars …
I’m guessing that it was mostly due to KL not having an abundance of Lady bars …
Tis little country
Is full of colourful cultures
Loads of beautiful sceneries
Pack with fun and laughter
And lots n lots of
❤ LOVE ❤
Proud to b Malaysian
Unfortunately over half a century it's racist government is destroying this rare gem of a nation through sagregation of her cosmopolitan population through racialism and religion ideology.
I agree. Love KL (and Penang for retirement). I used to like Singapore, but that was 20 years ago when Singapore was cheap. Taco Bell! 🤣🤣
My wife goes for mani-pedi's, massages, facials, hair salons, etc. I go for the food.
Don't want landed property, I am so over yard work. Condo's with a nice pool that someone else maintains is what I want...high floor above mosquito level.😂
Grin- It is hard to find a place higher than mosquitoes fly.
In Kuala Lumpur, we lived on the 34th floor, Marc Residence, and still had mosquitoes.
In Hong Kong, my wife lived on the 81st floor and still had mosquitoes.
@@1Bob4All strong mosquitoes that can push an elevator button.😁
So yeah, I haven't been to Singapore, either; but, I do have a friend who just started a job contract in Kuala Lumpur, so I'm taking a closer look. This video reminds me of Avis: NEW YORK -- In 1962, Avis was in search of a new advertising campaign. Since its inception, the car rental company had trailed behind the market leader, Hertz. So the ad agency Doyle Dane Bernbach decided to embrace Avis' second-place status as a sneaky way to tout the brand's customer service. "When you're only No. 2, you try harder," went the new tagline. "Or else."
Malaysia is possibly the best country in the world to live in
What about Australia and New Zealand?
@@notsniw135 of course standard of living much higher there but my like aussie friend here says, boringggg😊
@@notsniw135 no freedom there, as we've witnessed during the last 3 years. Worse places on earth, unfortunately.
@@ruud4508 No freedom in terms of?
@@notsniw135 you could get sued for misgendering someone.
I have been primarily focused on Latin America. However, the more I watch Nomad Capitalist videos, the more I am thinking that could be a big mistake. Especially THIS video. Time to book an exploratory trip.
You hit the keys: safety, medical, affordability, amenities, food, ease of travel. I put Thailand on a par with KL but what edges out Thailand is the prevalence of English.
As a resident of Dubai, second life in Phuket, Bangkok, Penang, KL - even JB is a part of life long strategy for happiness. Medical standards in BKK/HKT are quite amazing, stem cell / crispr treatments are a partner for a long term, relaxed living.
I think this is a heaven on earth. I am born and brought up here and have to many countries for travel. I still think Malaysia is the country. Malaysia truly Asia.
I travel the world but Malaysia will always be home for me.
Finally a very focused talk on practical advice for alternate living for Americans. Yes Malaysia is a very nice place to live.
Now i'm in Kuala Lumpur with my nasi lemak ayam goreng... awesome 👍😋🥰😘🇲🇾
I am going next month for the first time I am very excited!
You're most welcome to fascinating Malaysia 🇲🇾
@@decTacthanks I am really excited I do not know much about Malaysia and it will all be new and exciting!
@@aaronaround my pleasure 👍
I just wanted to say thank you for doing what you do. Nomad Capital has created and given a lot of value for free via these videos for a long time. Don't stop the work your doing. It is appreciated. The content is really good. Thanks again!
Thank you so much for your kind words and appreciation! It warms our hearts to hear that!
Andrew, I’m sold!😂 I’m going to visit Kuala Lumpur so I can experience everything you have described for myself. Thank you for sharing your thoughts.
Hoping to welcome you to Nomad Capitalist Live while you're in KL: www.nomadcapitalist.com/live.
@@nomadcapitalist thank you so much for the invitation 😊
You are most welcome to our little country Yulia… a big thank you to Andrew…. Indeed cost of living is very affordable here…
"Kuala Lumpur now has a Taco Bell, so we are really cruising." 🤣
Yes, Taco Bell is one of my forbidden pleasures.
Besides taco bell, we have five guys in kl and genting and shake shack is opening this year too
😂as Aaa a z ZZZ ZZZчя-
Taco Bell is good after leaving the bar in the U.S. with everything else closed. However I bet one could get good eats anytime in Malaysia.
Too funny ❤ it does hit the spot from time to time
We actually do grow strawberry in Cameron Highlands
Also here in the northern hills of Philippines. 🍓
Yes..I was about to say it.. Cameron Highlands strawberries🍓🍓🍓
Yeah, but Cameron strawberries doesn’t have any taste.
@@PassionPno something is wrong with your sense of taste.. gotta check with your doc 🤣
@@decTac I have tasted the highest of quality of strawberries. A single box that costs over RM 300. I know what I'm talking about.
I would say that KL is the closest thing to the western world as far as stardards with medical housing ect ect ect!!! looking forward to getting his book tomorrow in the mail and start reading it as his channel is pure gold🙂🙃
Dubai too
@@jeeaspirant6695 dubai is freaking amazing!!! would love to go there to!!!
I have lived in Kuala Lumpur and enjoyed many things about it.
However, after my daughter was born, I decided to move because of the air quality issues caused in Kuala Lumpur as a result of burning agricultural fields.
those are transborder haze from neighboring countries . Malaysia not really an agriculture based country. It happen occasion during crop season
Where did ya move?
@@mohdyaseenshaikdawood3801
Yes, much of the haze is from fields burning in Indonesia.
@@buckytravelsplaces7581
Norway. But, although the Norwegian kroner buying power is half of what it was ten years ago, Norway does not have the characteristics mentioned in this video.
Norway does have clean water, clean air, reasonable healthcare and education which is paid for with tax revenues.
@@1Bob4All - Thanks for sharing
I live in Chiang Mai Thailand
Norway is on my list for next year.
Any idea which month has the best weather?
Dental care - a US RUclipsr spent less than half US cost for a week's holiday and complete implants, etc. Transportation is improving with Subways. Grab car is relatively cheap. Staying outside the city centre and using Subways/trains can save.
Stew Law, what youtuber?
Andrew is talking about the cost of living in KL around city centre,
You can enjoy even lower cost of living in KL if you choose to live outside city centre, 20-30 minutes travel time to KLCC.
So when Andrew says that there's not many "Karen's" which is the most inflammatory anti-White thing a gay jew like Andrew could say about White people, do you also rejoice?
@@thinkcasting3182 lol i don't think anyone cares
Is light rail or a train available 30 minutes outside? I can't imagine driving in SE Asia.
@@jackbaldwin3649 depends where. Idk about Kuala Lumpur but in Bagkok definitely, their system is called BTS
@@adrianliung8374 Thank you!
In 2020, I was renting a bedroom in a nice neighborhood by Budapest, Hungary, for only $115 a month, USD, included utilities, bath and kitchen access, great internet access. All bus service was free for me, because I was already over 65. The landlady was also hot, and tried to get me to learn Hungarian. Her boyfriend is a furniture maker and finish wood trim worker. I was amazed at his $10,000 bench saw and tool.
I'm very interested in KL. 135k for an apartment is a lot better that 600+K in Brisbane
Why buy when you can rent cheaply and move to different cities in the country as you like
I moved back to Malaysia after few years working in Singapore. I have been to many countries like TH, AU, HK, Spain etc. I am fortunate living in the country with warm people, multi cultural, variety of food and importantly affordable cost of living.
U know what is one of the biggest reasons why living in Malaysia is great? The government subsidizes the gas/petrol prices. When the price of gas/petrol is kept low, almost everything else remains "cheap" or "affordable".
Bullshit!The" subsidice" have to be payed from everybody,and if energy is so cheap its getting weasted!
Andrew had come a long way! Been following "Nomad Capitalist" since 2014... Amazing and thank you for making Malaysia your home!
Thanks for watching!
I miss Malaysia so much. Amazing food, fantastic people, great value. I agree with everything said in this video. If you are a tourist you'll like Singapore better...for 48 hours but if you spend more time than that in either country you'll know Malaysia is best!
just don't ever get caught smoking a joint
I have lived in Malaysia for a while and tend to agree with your appreciation. As a foodie, I found Malaysia to be a paradise. I also think that it is probably the prettiest country in Southeast Asia. I was annoyed, however, by the highly inflated importance of religion in the country.
So what? Do we have to plse u? Who the hell invited u here ? N for being so entitled dont like it leave.berambus!! N good riddance
Ugh dealbreaker for me I need the best value atheist country plz
@@jessehamilton4223 Then you can't go to any country in Asia
@@jessehamilton4223 after giving it some thought, I think Antártica would be the best fit for you.
Stay away from bible belt in US. There's a church at eery corner.
You are right. Malaysia is the best. Penang, Johor, Ipoh, the highlands. Excellent medical. Best food, great people, safe, blend of cultures.
Most places in SE Asia.
Personally, I would bank in Singapore, and live in Thailand.
Successful people vibe for six hundred bucks--I like it!
Malaysia is great for food options: Chinese,Malay,Indonesian,Thai and Indian. If you like to eat and want a safe place with mountains,islands and vibrant cities then Malaysia is worth a look. It helps that the locals are well educated and english is well spoken.
Just spent 6 weeks in BGC Philippines and was blown away at the cheap high value lifestyle there. I would love to compare that to KL
I hope to do the same very soon! I think BGC is more expensive.
Did you meet many people that said Philippines is the cheapest? I found many who said opposite but did not post in vlogs but told me face to face. Only 1 French guy dared to post online Alwin GC. Yes he has been to several places in South east asia. How can Philippines compare with Malaysia when we have fuel subsidies. Medical care for 1 ringgit in hospital for citizens in gov hospital yet remain no 1 in the world for medical tourism leaving France behind.
I haven’t been to Malaysia so I can’t compare cost of living to be honest
KL, Malaysia is spot on. I have been commenting as such.
This may be the best value channel on RUclips.
I love people in Asia. They're polite, hip and fun. Delicious cooks. One party after another
You can get local grown strawberries in the Philippines (Baguio). The Philippines SRRV also has a $50k bank deposit (or less for ex military) while MM2H in western Malaysia is asking for $250k bank deposit (both have weak currencies and both yield 2%…will be less. BGC has nice malls, safe, clean. Tax treaty with the US.
I have been on the SRRV for over 10 years; actually the bank deposit is only USD 20k or only USD10k if you apply with a pension, the other option is buying a condo for USD50k or over - annual fee USD 360 - and no tax on pension or other income from other countries. So Phil retirement visa is much cheaper than Malaysia - and I love it here!
Born in Baguio, now American. Last time I was there a decade ago, filled with jeepneys and traffic. Hopefully it's better now.
Freshly grown strawberries in Thailand too, but Andrew would never mention that.
Cheap too. I bought what must have been about 3-4lbs (1.5-2kg) for around $3 USD. Buying directly from the farmer who was selling from back of his pickup truck 🛻
I have been following you for a couple of years now, and I really would like to learn how to set up a business in Malaysia.
Great stuff and would like to add that Jahor Malaysia, right next to Singapore gives you access to Singapore at a fraction of the cost! it’s a hidden gem.
Been there many times, making plans to move there. Wonderful quality of life.
My brother told me (he is a world traveler)
Malaysia was superior to almost anywhere
Most affluent feel
He was impressed
This was a shock to me
And changed my
mind/perception …:)
I have been based in Dubai for many years and lived in 10 countries UK, EU, USA, MENA and South Asia); done business in 20+ and traveled to 50+. From my experience in KL, it’s sort of in between a super advanced modern (and expensive) city like SG and a charming developing country like SL or Indonesia. The analogous city in the Gulf would be Sharjah (or maybe even Bahrain or Muscat). Sharjah is also affordable, super safe, good place to live, English lingua franca and 20min to Dubai (closer thank KL-SG).
Yes Kuala Lumpur is also a food paradise too. Best beaches too
I couldn’t find any videos on your channel about Czech Republic and Prague in particular. Could you make any? And thank you for the channel, it’s packed with information and you could really tell that you enjoy talking about countries.
Come on Andrew, let's keep the cat in the bag. I don't need the competition.
I am looking at both Malaysia and Thailand for my retirement in a few years.
The one in which the rest of your family lives...being able to spend time with them and be able to help each other, PRICELESS!
Thank u for this wonderful video, KL, d best value place to live in d world. Excellent point of view. All d very best n success to d Nomad Capitalist Live.
When we visited KL we were shocked at how beautiful it is. Unless you’ve been there you should not judge it.
We often have prejudices. You need to try it.
We love Mexico. But unless you speak some Spanish, you can’t really appreciate it. I am the Spanish speaker in my family, so they depend on me. I am far from fluent, but I can manage well.
Sanjosemike (no longer in CA)
I am ready to leave the USA. This entire country is becoming one big California 😩
I was stuck in Malaysia during the Pandemic - and had the time of my life. Fantastic country, fantastic people. I would live in KL in a heartbeat over Singapore which is way too expensive. Hot women too!!
Glad you enjoy is there.
Did they lockdown or lock out the unjabbed? Were masks compulsory?
@@barkingbandicoot KL seems nice but I need another place to escape to if there is a lockdown or travel ban.
@@barkingbandicoota lot of people in Asia are still wearing masks today.
During Covid Malaysia locked its borders.
If you're earning in Ringgit, the cost is just average but if you are mostly earning in USD, it's a heaven.
Went to Malaysia, they build their own cars and it's a very clean and organized society that comes off as somewhat wealthy (oil wealth).
Guadalajara in Mexico is also a good option but it's getting more expensive now
Wait......KL now has a Taco Bell?!?!?!? *packs bags, grabs passport* 🤣
Jokes aside, KL looks amazing. The Malaysian goverment been taking more action recently about reviewing/revising MM2H. Fingers crossed they make a right course correction to get things sorted out and restore confidence in expats, digital nomads, investors, etc. wanting to call peninsula Malaysia home.
I hope the Malaysian government will re-adjust their requirements for MM2H! They shouldn't have listened to KPMG, as they have ended up cutting off their nose to spite their face. The change from the earlier version was pretty extreme.
The last thing I want is poisonous American food that I am trying to avoid eating in the USA. I would probably drop 50 lbs in the first month eating healthier in Asia.
Taco Bell is in Penang too.
Well i think thailand is exellent value too
Wow….very impressive, I’d like to pay a visit to get a sense for how things are. 👍
The last govt changed the rules negatively for the Second home folks suddenly and we lost many of them 😢. Hope present govt will restore what was changed and our friends will come back.
Great overview. Having spent several weeks in KL I agree 100%. You forgot to mention the Bird Park and golfing facilities. Cheers 🍺🍺🍺👍👍👍
In the early/mid 90s I spent time in KL and other parts of Malaysia for business and also Sing. I’m sure I wouldn’t recognize either place. This was before the Towers. Nice place, I could see myself living there if I didn’t have grandkids in the US.
I truly enjoy living in KLCC as laptop lifestyle.
One important fact - Foreigners with a non-resident status are subjected to a flat taxation rate of 28%, this means that the tax percentage will remain the same no matter the amount of income. As a non-resident you're are also not eligible for any tax deductions.
Does this include just labor income or do they try to tax your 401k withdrawals and investment income?
If you stay in Malaysia for more 182 days in a year, you will qualify as a tax resident and taxed at scale rates plus tax reliefs.
Thanks Andrew, appreciate your opinion.
My friend works in Singapore but she always travel to Malaysia for vacation.. . She’s from Philippines too. I got curious, I add it to my list to visit.
Andrew, thank you for this valuable information, I really appreciate it. Also would Nomad capitalist be live streamed?
We do not stream Nomad Capitalist Live; sorry.
@@nomadcapitalist okay thank you.
I lived in UK for a few years. Malaysia is not perfect but is definitely a wonderful country.
Duh...but of course, no country in this world is perfect. If you want perfect, go live in heaven.
In my fictional world, Malaysia is one of the most popular countries in the world
With the new MRT light rail transport. Is so convenient to travel around.
😊
The whole of SEA(south east Asia) is very connected by rail, roads, and by air. And it's cheap as f*ck. Great food, an hour by air you'd be in a different place, eating fantastic cuisine, so close to everywhere, fantastic business opportunity since its proximity to economic giants of China, India and Indonesia. You cannot go wrong in choosing SEA in this decade of Asian growth.
Good content. Keep up the good work.
It all depends on what you value. I didn't like Malaysia but loved Koh Samui in Thailand - way better quality of life per dollar.
I remember visiting Kuala Lumpur, it was an amazing city with ongoing development, fair prices for daily life (no high flyer here) and a plethora of social scenes, safe etc.
I could agree with most of what you are recommending except for the comment of affirming that Latin America does not have advanced health care. Mexico for example has one of the most high quality and advanced health care and affordable by far compared to the States and Canada.
Don’t you mean Mexico City? Most of the place is dusty dirty and a mess.
I’m glad that I’m bilingual. It gives me options!
👍👍 please do more videos like this with specific places and strategies you recommend vs videos with too much abstract info. on golden visas and citizenship
Medellin, Colombia could give Kuala Lumpur a very, very stroud challenge. I challenge anyone to find better climate, affordable/quality healthcare, better looking women, nicer people, reasonably-priced apartment/condos/houses, and a fairly easy road to residency.
Dont want to get kidnapped by pablo escobar
I have visited Malaysia, Thailand, Vietnam, Singapore, Hong Kong etc. and spent more time with extended family in the Philippines. It may be cheap to eat and cheaper for hotels compared to countries like my native Australia. The two things that differentiate these countries are medical treatment, which is why Australian expats return home as they age and the weather at different times of the year. At certain times of the year these places are unbearable for heat and humidity. Singapore can be just as humid and hot as the jungles in New Guinea where I have worked. Its not all roses.
I have had the opportunity to experience both the Malaysian and Australian healthcare system. I can say that Malaysia does excel at chronic care in private hospitals. But when it comes to acute care you would want to be in Australia for that.
Healthcare in HK is excellent. We have Universal Healthcare and medicine is practically free for locals. We also have access to private hospitals for quicker service
I thought about this place a lot lately and indeed is one of the best to be.
I'm unsure if he mentions it, but it's important to bear in mind that Malaysia's dominant religion is Islam, which should be a factor to consider when deciding where to live.
I am in Malaysia right now on a business trip and I love it. But have you thought in Johor Baru as an option? Then you would have the benefits of Singapore and the prices of Malaysia 😊
I lived and worked in Malaysia for several years, and would recommend the Country has a good option to move to, however personally Penang is a bettet option than KL, its more affordable, compact and has eveything KL offers, except perhaps being closer to Singapore.