Thanks for interviewing Ellen and Paul - such an interesting story they have! I hope Malaysia relaxes the MM2H rules because I'm ready to retire to Penang.
I wonder if the loopholes can be closed pertaining to abuse from a particular country. Thats what I read anyway which was why the rules became strict. A difficult situation yes especially when we are a small nation with little leverage. But with some brains, it could be solved i think. I have a friend who married a local and he was from Eastern Europe. He was complaining to me recently when he shared his experiences with our immigration. He was extremely upset relating to what he went through to get a PR status. I did some research, one of the reason why it was difficult is to protect locals especially ladies. There were many instances as soon as the foreigner got PR status, they divorced the local and brought in thier actual wives and families from abroad. I really hope so not.
Thank you Andrew for this video. This was a shock to see since I also was a Peace Corps volunteer in Malaysia from 1976 through 1979 and may have actually known both Paul and Ellen at that time. We may have been in the same group of teachers who trained in Malacca in 1976. Since you did not give Paul's surname and since the years have intervened to fog the memory I can not be sure if I know them or not. I do remember knowing an Ellen and a Paul. I actually traveled with Paul to Bali and Bangkok during my Peace Corps days. After the Peace Corps we lost touch. Since I am planning a upcoming trip to Malaysia during May and June I was wondering if is it possible to share some means for me to contact Paul if my visit takes me Penang way.
I am happy this couple decides to lives in Penang. Talking about California state where this couple comes from, California is really in sad condition. I won't go any further about this. Glad to meet this couple. Terima Kasih kerana memilih Malaysia as your home.
Thanks for the interview Andrew. It’s good to be able to see Malaysia from a foreigner’s POV. As a Malaysian who has lived in Seattle since 1998, it helps gives me a better perspective of whether I should go back to Malaysia later. Who knows. I just might, but for now, I prefer to stay in Seattle because I prefer the cold and gray over sun and heat. Maybe I will change my mind as I get older.
TBH, because your skin is yellow, you will have a very tough time in Malaysia. Malaysia has become terribly racist since the time you left. You can always check with your relatives in MY.
Thanks Andrew for this interview! Sharing the same concerns about living in Malaysia as a foreigner, why not to communicate these concerns directly through your channel that I believe is known and likable by many Malaysians before expats! Malaysia has a new government now that't more likely to be open to changes that can ease the processes needed to live in the country. Despite the growing xenophobia in Malaysia since the start of COVID-19 and previous governments blaming foreigners for it, I still believe that most Malaysians are welcoming and nice. I am sure that they also value our contribution to the country's economy and progress given that many of the expats here are talented, leaders or highly experienced. I hope for the best.. but when we've no saying in it as Ellen said it's really difficult to be optimistic! Thanks again..
Actually I stayed here throughout the entirety of the pandemic, after already living here for many years and having bought a brand new completed condo just weeks before the pandemic. I cannot recall "the previous government blaming foreigners" for covid. But I do remember Thailand clearly blaming foreigners for it. Is it possible you're thinking of that? I have no insight about the new gov't or policies except that it's a minority gov't coalition, and the last one fell after 18 months. I suspect the conservative majority Malays who outnumber the other voters and are growing fastest in numbers might take it back before long? But I don't know and it's their country so full respect to them and whatever they decide. I have no objection to the new MM2H rules. They prefer to reduce the numbers and want what they call "tycoons". Like Andrew Henderson of Nomad Capitalist, who supports the new MM2H rules. Both My and TL don't really want foreign middle class or western retirees anymore. I'm no tycoon lol, and I'm on the old mm2h and just renewing, and my understanding from them now is that we're "grandfathered" for just one renewal, then the next time in 5 more years, we must qualify under the rules in effect at that time. That's their prerogative. Malaysia has a popular new residency visa program where you pay $300,000 per couple for a 20-year visa with no restrictions and no residency requirements. That's in line or cheaper than some other comparable nations' golden visas today. It reportedly got 1100 applicants in the first month. This might be the way of the future.
Just don't be the expats that take advantage of local Penangite, that wanted to punch me the other day, for addressing his error for jumping queue in front of me. Just because we are Asians and you are white, does not make us pushovers. That is when our hospitality and welcome will end. Be courteous and uphold Malaysian culture and way of life.
That's inexcusable and he should be deported. Similar for some americans in my condo who were flaunting & breaking the SOP for 2 years even after I scolded them for it (because they make all visitors look bad with their misbehavior). As a visitor, I followed the masking rules even outside even if I disagreed with it. I say comply or go home, and also don't be rude as a foreign guest by jumping queue or threatening a local in his own country! Does one act like this in a friend's home? NO!
Ues, following the local laws and customs make for good relations. Often the violators are simply ignorant as they are newbies. But those that are willfully provocative should probably find another culture to live in. The pandemic situation was one where a lot of foreigners simply showed their worst behavior because they were swept up in idealogy. Queue jumping might be because other Asian cultures don't abide with that - same with knowing when one can haggle -appropriate dress (which can vary even within Malaysia) etc.
Hello Mr Andrew Taylor, actually I have a question for, since you have been in Malaysia learn lot of new things in Malaysia. I think lot of things you still don't know about Malaysia, so I want ask that for future content can we collaborate with me as a local Malaysian to make a new content in UA-cam. You can ask me lot of things you don't know about Malaysia. I think we can make a good collaboration. I will appreciate if you respond it. Thank you.
An American acquaintance, I once knew who had previously worked at the international school in Kuala Lumpur, comes to mind when I listen to your conversation with Allen and Paul. He not only adores Malaysia but has also blended in so well that we never even realised he was an outsider. He speaks Malay so effortlessly and with such a regional accent. At first, I was perplexed as to why an American like him would find Malaysia to be so appealing given many Malaysians themselves wish to immigrate to industrialised nations like America or Europe. He had a lot of Malay friends and appeared to be extremely content with the Malaysian way of life before deciding to wed a Malay. After their marriage produced two children, he has since passed away. I never thought of him as a foreigner. Many people were astounded to hear him speak to us in Malay because his proficiency in the language was ten times greater than some of the locals here. That's my old friend, an American who cherished Malaysia to the point that he ended his life here.
I wish more expats would learn to speak Malay and mingle with the average locals more... Not just the urbanites. And also for the locals to accommodate and encourage foreigners when they try to speak the local language, not simply diss their efforts and speak English right away.
@@Aeybiseediy -True. We never give foreigners the option to learn Malay or any other native language since the majority of us want to make communication easy in English especially for English-educated senior urbanites. For instance, English is not a language that the majority of people in Thailand can speak. If you were an expat, you would need to learn Thai to be able to speak with them and make sure your communications were understood.
Ha! Yes, I was listening, Andy, and yes I’m really coming to Malaysia this year! As you know, unlike you, I’m NOT retired yet. But I’m gearing down and taking more time off. I can’t wait to see you and experience Malaysia, your beautiful new home! Love Liz 😊
I used to live in KL, Subang to be exact, for 37 years, but have moved to Ipoh recently, the hometown of the 2023 Oscar nominee Michelle Yeoh. Nevertheless, I still go to KL regularly, ETS for senior citizens is cheap & convenient. I'd visited NYC, LA, Paris, London, Belgium, Amsterdam, Istanbul, Tokyo, Auckland, etc.. but KL is still the best for recycled teenagers 😜.
Boy, Penang had that impact on me too. I was there for a solid month finishing up the MM2H process and I just loved the island. Add me as a mah jong partner, Taylor!!!!
Hello from CA & many thanks 4 amazing interview with expats(American retired teachers) loving their life in Malaysia and what's not 2love? More interviews, please! Living without a car reminds me of living in Tokyo, walk out of apt, ride and go! Wish i was there, until then, Selemat Hari Raya! Year of the rabbit, Chinese New Year, 2023!🐰
As a Malaysian, I'm really happy that Ellen and Paul are living their lives to the best in Malaysia if compared to the US ! Yes, don't forget too, the many other fabulous beaches and mesmerizing islands, world-class dive sites, huge rainforests, three main different cultures with endless shopping malls in the country all for a steal if compared to Europe and the US. Oh, also the crazy gridlock in Kuala Lumpur city and its outskirts ! God bless you both.
Thank you, Andrew, for making Malaysia famous again and trending like she was before. I hope Malaysia relaxes and gives a little leeway for the MM2H rules. #DSAI #KDN #imigresenmalaysia
@douglastan7084; I am in Selangor, Shah Alam, right now and I encountered here a LOT of hateful and Prejudice and Racists MEN. I've been Targeted; Discriminated, and Verbally Abused by SECURTIY Guards here at the D'Sara Condominiums. A lot of Hate Looks and they have told me to "SHUT UP" and they told me "GO BACK TO YOUR ROOM" or "You Cannot be Here" And they told me to "GET OUT" of the Gym and the Pool. They follow Me Around and tell me to Go to My Room, but don't target Men and other people that they Can tell are from HERE; but Me the Target and the Discrimination is VERY EVIDENT. Much Hate Here.
Nice to meet you Andrew. Just found your channel today and am looking to learn more about Malaysia. I'm not yet at retirement age, but I think it's good to get my thoughts in order and make a trip over. Friend's father worked for many years in Kuala Lumpur and he loved it. Thanks for sharing this video with us.
Excellent video, Taylor. It's really good to get an impression of the expat/retirement lifestyle on the coast in Penang and to hear how happy Ellen and Paul are living there.
Thank you Taylor for sharing Ellen and Paul expats story. The apartment is so beautiful. Thank you for loving my country Malaysia. Hope you have a safe trip. 🙏
@@andrewtaylor4558 I am yr fan. I am a retired housewife. I would like to meet up with you with my husband one day to buy you roti canai if you allow me to. You reminded me of my brother in law. He is an English man from the UK. He also applied MM2H programme since 2008.
Hi Taylor, it’s good to see you posting again. A very interesting interview, I really enjoyed it. Can I say by way of hopefully constructive feedback, I did however, find the background music rather distracting and in my view not necessary. Keep up the good work, I look forward to the next one.
I am a Malaysian living out of Malaysia for the past 20+ years. *I came back as a tourist every other months....for food and 🍻. Thank you for the positives about Malaysia. Both of you are most welcome in Malaysia. God Bless U both abundantly.
I know of some Malaysians whose citizenship lapsed or was lostbecause they took another passport. Malaysia doesn't recognize dual citizenship so the only way to come back and live was generally either a long-term social visit pass sponsored by a relative or the MM2H pass. Some opted for the less expensive SMM2H.
@@gerrelldrawhorn8975 Yes... I fly back to Malaysia bimonthly...Thank you AirAsia for the dirt cheap air tickets. By the way it was then before COVID sets in...now the air ticket is ....
Just found your channel Andrew! I’m enjoying it immensely. We are Canadian, but my partner and I are exploring retirement options. Hoping that the visa situation improves by the time I hand in the company keys. Thanks for the lovely informative videos.
Malaysia had a turning point when we started Visit Malaysia Year in 1990. It was successful event and tourism has been one of Malaysia prime income ever since. From then on, infrastructure for tourism was well planned lead to MM2H program.
Veggies on Tour loved Terengganu and Kelantan and so did the Jetlag Warriors etc. In fact, Terengganu is Steve's, of the latter, favourite state. And the Swiss guy from Moonshine and Lemongrass was even treated to some rendang when he and his family went deep into the interior of I think Kuala Krai. Maybe the hostility is perceived?
What an inspiring interview! Im a retired college math teacher from Chicago myself. Opened my eyes about Penang. A life without a car is one big stress less. Btw, is there a drivable highway that connects Penang to Kuala Lumpur or Singapore?
I cannot imagine living in Penang with no car. Yikes! Everyone I know here has one car, and usually two. Some even have a motorcycle. And seems that every local over the age of 16 in Penang has wheels! Even so, I prefer the bus or train to KL over a return trip driving. Highway drivers are frightful. I've seen some gruesome accidents on the highway to/from KL.
Yes there's a drivable highway, other than peak season or weekends 4 hours to Penang 4 hours to Singapore from KL. Time can vary with accidents or festive seasons which can triple the time spent on the highway. Bring bottles hahahaha
As someone born and raised in Terengganu, and had experience living in Europe and UK, I can tell you that the people in Terengganu are probably just scared that you will talk to them in English and they would not know what to say to you. So I do understand a little bit of their apprehension. Or maybe you met some jerks, they’re everywhere nowadays in Malaysia (jk) Maybe you can try one of the quieter boutique hotel (eg Alaya Malai) to fully understand the alluring beach life of Terengganu. We prefer coconut water to beer wink wink.
I would like to locate my former colleague who was a teacher. He was an American Peace Corps, teaching at Sekolah Menengah Sains, Terengganu in 1975. His name is William B. Hawley.
As a Malaysian, I hope ur gudself Mr. Andrew Taylor to initiate a club or association for those American's that already make Malaysia as their 2nd home. Thru the association American's who lived here can voice out ur opinion to the current government. Just my 2 cent.
An honest description of Malaysia and the changes and growing division between the West Coast and East Coast. This not so apparent in Sarawak and Sabah, thankfully. God bless and take care.
Sarawak is majority Christian and with a plurality of Dayaks @40%,with 30% Malay and 30% Chinese. So no one ethnic group can bully the other two. All have to work together to get anything done. Officials and minority politicians are generally averse to the politicization of religion and race to n politics and even have banned certain rabble rousers from entry...and restricted Malayan party politicians from entering during elections. Kids of all races go to the same schools, there is broad religious freedom, and most of dicussions are on topics like inefficiency and whether programs will actually help the people, not hate speech.
I agree with them for traveling to USA and to these countries is a hell lot so overwhelming. One needs to take a stopover for some days and than moving further. I did this mistake flying straight to Singapore and I was sick for I was 2 nights on the plane, on my way back I stayed in Dubai for 4 or 5 days and literally enjoyed my Dubai visit too.
Mr Taylor, could you recommend which parts of Penang where one can live without having a car yet able to take care all daily necessities,such as grocery shopping, eating out?
@@sueannetan4492 There are a few places. Near Straights Quay, Gurney Drive and around Queensbay Mall. I’m sure there are more like the historic parts of Georgetown but those are the main ones. 😊
Hi Taylor, great video. We really liked hearing Ellen and Paul tell their story about coming to Malaysia. We are really enjoying your channel and videos and look forward to your future content. Talk to you later, bye!
As a human good and bad people are the attitude. In Islam you are lucky with the test with the good neighbourhood around you. But bad neighbourhood also the test from god Allah. We should leave the place like that. Search for another peacefull place to stay.
Informative, fun interview. Question for Paul: Is there everyday outdoor chess in Penang's parks and cafes? Any particular location where players hang out regularly? The reason I ask: I am an American chess master and chess teacher from the SF Bay Area, and I am planning a trip to Penang in May to scout it out as a retirement destination. I like to hang out and play blitz -- found it's a good way to make new friends. Would appreciate any insight Paul has. Thanks.
Andrew: Thank you for your Very interesting video. I like the way you patiently and pleasantly present and explain the lives of your guests. What area of Panang is this?
Hey Taylor, is Kuching as clean, quiet and walkable as KL, I don't meet the financial requirements for KL, but I can for Sarawak. I really want to live in an area that I can walk from my apartment to everything, fresh vegetables and fruits, clothes, electronics.
Dear sir, please speak to the 'global gibbon'. The Dutch youtuber has lived there a long time. Of course he is married to a local. He has a spouse visa. His name is nick.
i just realize some of the wonder art in this video is by you. Can you do a video of your amazing art. Its wonderful and i think would be so enjoyable!
Ever so subtly. Still thank you for touching on the greater environment of the country. The new Indonesian measures may be worth a referencing. In case you are required to buy an overpriced piece of realty for a ludicrous profit by a developer here.
You grow fat living here. Too many cheap good food. Eateries close at 2-3am ! Roadside is normally safe unlike most countries that have guns and drugs problems.
My wife and I love watching all of your videos, Andrew. I wanted to see if you could answer some questions for me. I am an American who just retired from the U.S. Air Force. My wife is Malaysian from Penang. We want to move to Penang to retire (not to work). We are both 50 years old. I am in the process of applying for my sposal visa (Malaysia Log Term Visa). My question is, while I wait for the approval of the sposal visa, (I think I am only allowed to stay in the country (Malaysia) for 3 months on a regular visa pass) can I simply travel to Singapore or Bangkok for a few days and then come back for another 30 days? Any advice you can provide would be a great help. Thank you.
Yes, you can probably do that. They frown upon it though and you have a better chance of it working if you stay out of the country for a week or two. Good luck to you! 😊
I found it quite intriguing for Professor Ellen to cite car-free mobility as a reason for preferring Penang over KL because I would have thought the latter would be one of the few places in Malaysia that would surpass Penang in easy and available transportation (NB. I have no empirical evidence for this)
Penang Island , the safer city in Malaysia and the best place for hawker food, that is why Penang Island one of the favourite holiday destinations for a lot of Singaporean ( my family favourite holiday destinations too )
Morally I have no objection to the new MM2H rules. They apparently wish to reduce the numbers and prefer to get what they call "tycoons". Like Andrew Henderson of Nomad Capitalist, who supports the new MM2H rules. Both My and TL don't really want foreign middle-class or western retirees anymore. I'm no tycoon lol, and I'm on the old mm2h and just renewing, and my understanding from them now is that we're "grandfathered" for just one renewal, then the next time in 5 more years, we must qualify under the rules in effect at that time. That's their prerogative. Thing is, Malaysia is a small country and rather crowded already, especially in areas popular with expats. The Edge reported that Penang real estate increased in price by 39% in 2022. Locals don't want to compete with foreigners who drive up the cost of living and housing. Foreign middle-class retirees are in competition with locals for food & housing, such as at the locally popular Quayside condo shown in this video. But foreign tycoons aren't local competition because tycoons are in the uber-luxury market far beyond the reach of almost all locals. Expat-popular areas of Malaysia currently have only a tight supply of middle and luxury units available, but a glut of uber-high-end condos suitable for tycoons. Malaysia has a brand new residency visa program where you pay $300,000 per couple for a 20-year visa with no restrictions or residency requirements. That's in-line or cheaper than some other comparable nations' golden visas today. This new visa program reportedly got 1100 applicants in the first month. So this might be the way of the future here, as in some other countries already, I don't know.
I don’t want to argue with you but I find a lot of your “facts” and assumptions questionable at best. For example, saying current MM2H holders are only grandfathered in for one more cycle. I’ve not heard that from anyone else. Also, to consider condos like Quayside, which cost millions, not ultra-luxury is laughable. I think you are being overly pessimistic, at least I hope you are. Also, to say that the relatively small number of MM2H participants have any affect on costs of anything is quite hard to believe. 😊
Andrew is an agent who benefits from fixing wealthy people up with foreign "hip pocket" passports and tax dodges. That's fine. It's a service. But economically Malaysia has lost billions from the conversion of MM2H to Elite MM2H.and PVIP. There was never the vast number of expats coming in via MM2H. Even if all purchased property that was only going to be about 5000 units annually. Those on MM2H were regulated by State regulations but these restricted purchases in high demand areas to above RM1-2m and to RM600k in other states. The general estimate wasthat MM2H made up sbout 5-10% of foreign owned purchases in these price ranges. And that foreign purchases were about 20% of total purchased. So ee are talking about 1-2%of total purchaees in these higher price units. Thats virtually no competition with locals and no impact relatively on price pressure. The bigger impact is from working/ business expats, foreign investors, etc. In addition there is an overhang increase of about 3000 units annually. That would, and has been argued, that even more MM2H should be allowed in so that builders can recoup their expenses for building developments. Now the Elite MM2H has averaged about 16 recipients per month, and the PVIP sbout 2 (with 2dependents). The Home Minister asserts there are about 800 applications pending. But how many of these will actually "bite" when they have to pay the high application fees, put RM1 million (most uninsured) into a low interest Fixed Deposit. But the FD is really just a short-term loan to the banks which will walk out of the country when the applicant departs. It helps support the ringgit in the currency market which suppresed inflation. Lets do the numbers:Before Elite MM2H -5000 recipients * RM300,000 =1.5bn /year. Elite MM2H +PVIP 216*1million =216mn Then there is the attrition of about 2000 old MM2H holders/year. These will be cashing out their FDs:2000*300000 =RM600million/year. So discarding the old program had net loss of 2.1 billion vs a gain of RM216 million. How does that help the Malaysian economy which is facing increasing inflation? We can't really closely estimatehow many of those lost 5000 recipients and 2000 lost renewals owned property vs. rented condos. But remember that rentals fuel the secondary investment market who are generally Malaysian so when you lose renters you are impacting this market. But lets assume a rental at RM2500 mo. (RM30000/year) and a mortgage on a RM600k unit of about the same. These are minimums but close and the math is easier to follow. So 7000 lost MM2H *RM30,000 =/Rm210million/year lost to the real estate market. If those 216 Elite/PVIP purchase RM2m properties their annual mortgage might be RM100,000/year. So that's Rm21.6 million/year...vs......Rm216million/year LOST because you instituted a crap, overpriced "quality over quantity". program. Now day-to-day expenses. Opportunity cost from those 7000 long stay "tourists". Subtracting the the rent/mortgage I think a guess of Rm5000 couple is reasonable. That's a little over US$1000/month. So again its a lowball estimate and half the minimum expected under the old MM2H program. So Rm60000/year (minus rent/mortgage) *70000=Rm 420million LOST due to introducing the new program. Amount gained is again hard to estimate but the PVIP don't even have to live a day in Malaysia. But wealthy people don't spend that much more than upper class. They may also spend less than they normally would because the lower cost of living and the largely untouchable FD that can't be access d for day-to-day expenses. So lets give them a budget three times thst annually of the older MM2H recipients. So Rm180,000/year *216=Rm39million Gained.... vs.RM 420million LOST. I think it's plainly obvious that the amount gainef by instituting these two revised programs is vastly dwarfed (by an order of magnitude and RM billions/year) if the old MM2H had been maintained or slightly modified with moderately higher visa fees, more efficient processing and some perks. Plus clear grandfather claused to encourage renewal and property purchase.
Another great video. Would love to see you interview your friend Jill. I'm in my early 50's and hope i can retire to Malaysia in the near future. Great content!
Hi Taylor, nice interview ! Did Ellen and Paul purchase the seaside condo or chose to rent ($1100 month) ? I know they don't drive so do they have scooters to get around ? Sounds like Penang has many expats which makes it comfortable. Was the not feeling welcome comment about KL ? was it my Muslim locals ? Happy New Year !
My comment was specifically about only one east coast city, and I only meant it in contrast to 40 years ago. Malaysians are generally very warm and welcoming.
@@elleneggers723 -Thank you ellen, about the east coast state i honestly respect the sincere view from you and your husband, regarding the issue of alcoholic beverages since more than 90 percent of the population in Terengganu and Kelantan are Muslims and they demand that the Local Government prevent any sale of alcohol in any shop or shopping complex where the main customers are Muslims, therefore the Local Government has stipulates alcohol can be served exclusively for non-Muslims including in hotels, and in most Chinese and Indian restaurants that are sold openly only to non-Muslims, where Muslims are prohibited from entering
Hi Andrew you are on the heavy side and my advise is you have to slim down to have a healthy live.. Go less on the beer and fasting is good for you.. Since this country is great, I hope your good health will make the very best in this world... God bless
When in east coast just 1. Wear decent clothing, no short and sleevless 2. Dont show your romantism in public 3. Dont preach your religion 4. Smile a lot 5. Do what the local do Then you will enjoy your east coast stays
Thanks for interviewing Ellen and Paul - such an interesting story they have! I hope Malaysia relaxes the MM2H rules because I'm ready to retire to Penang.
Thanks Linda! 😊
I wonder if the loopholes can be closed pertaining to abuse from a particular country. Thats what I read anyway which was why the rules became strict. A difficult situation yes especially when we are a small nation with little leverage. But with some brains, it could be solved i think.
I have a friend who married a local and he was from Eastern Europe. He was complaining to me recently when he shared his experiences with our immigration. He was extremely upset relating to what he went through to get a PR status.
I did some research, one of the reason why it was difficult is to protect locals especially ladies. There were many instances as soon as the foreigner got PR status, they divorced the local and brought in thier actual wives and families from abroad. I really hope so not.
Get in thru via MM2H Kucing Sarawak. And you can still live anywhere outside sarawak once you r already in malaysia. Thts what i heard
Apparently the Sarawak MM2H is also changing its requirements?
Be careful of quayside. It is not what it appears from the video. I lived there for 4 years. Glad to be gone.
We just retire from the USA too..pretty much the same reasons are Ellen and Paul. Maybe we will run into them in Penang
Thank you Andrew for this video. This was a shock to see since I also was a Peace Corps volunteer in Malaysia from 1976 through 1979 and may have actually known both Paul and Ellen at that time. We may have been in the same group of teachers who trained in Malacca in 1976. Since you did not give Paul's surname and since the years have intervened to fog the memory I can not be sure if I know them or not. I do remember knowing an Ellen and a Paul. I actually traveled with Paul to Bali and Bangkok during my Peace Corps days. After the Peace Corps we lost touch. Since I am planning a upcoming trip to Malaysia during May and June I was wondering if is it possible to share some means for me to contact Paul if my visit takes me Penang way.
I’ll pass this on to them!
Send me an email and I will give you their contact info. Taylorboz96@gmail.com
I knew some retired Peace Corps people in Bangkok in 2005, absolutely fantastic and wonderful people
I am happy this couple decides to lives in Penang. Talking about California state where this couple comes from, California is really in sad condition. I won't go any further about this. Glad to meet this couple. Terima Kasih kerana memilih Malaysia as your home.
Thanks for the interview Andrew. It’s good to be able to see Malaysia from a foreigner’s POV. As a Malaysian who has lived in Seattle since 1998, it helps gives me a better perspective of whether I should go back to Malaysia later. Who knows. I just might, but for now, I prefer to stay in Seattle because I prefer the cold and gray over sun and heat. Maybe I will change my mind as I get older.
TBH, because your skin is yellow, you will have a very tough time in Malaysia. Malaysia has become terribly racist since the time you left. You can always check with your relatives in MY.
And with global warming, tropical countries might get even hotter though I hope not too much.
Thanks Andrew for this interview!
Sharing the same concerns about living in Malaysia as a foreigner, why not to communicate these concerns directly through your channel that I believe is known and likable by many Malaysians before expats!
Malaysia has a new government now that't more likely to be open to changes that can ease the processes needed to live in the country. Despite the growing xenophobia in Malaysia since the start of COVID-19 and previous governments blaming foreigners for it, I still believe that most Malaysians are welcoming and nice. I am sure that they also value our contribution to the country's economy and progress given that many of the expats here are talented, leaders or highly experienced.
I hope for the best.. but when we've no saying in it as Ellen said it's really difficult to be optimistic!
Thanks again..
Actually I stayed here throughout the entirety of the pandemic, after already living here for many years and having bought a brand new completed condo just weeks before the pandemic. I cannot recall "the previous government blaming foreigners" for covid. But I do remember Thailand clearly blaming foreigners for it. Is it possible you're thinking of that?
I have no insight about the new gov't or policies except that it's a minority gov't coalition, and the last one fell after 18 months. I suspect the conservative majority Malays who outnumber the other voters and are growing fastest in numbers might take it back before long? But I don't know and it's their country so full respect to them and whatever they decide.
I have no objection to the new MM2H rules. They prefer to reduce the numbers and want what they call "tycoons". Like Andrew Henderson of Nomad Capitalist, who supports the new MM2H rules. Both My and TL don't really want foreign middle class or western retirees anymore.
I'm no tycoon lol, and I'm on the old mm2h and just renewing, and my understanding from them now is that we're "grandfathered" for just one renewal, then the next time in 5 more years, we must qualify under the rules in effect at that time. That's their prerogative.
Malaysia has a popular new residency visa program where you pay $300,000 per couple for a 20-year visa with no restrictions and no residency requirements. That's in line or cheaper than some other comparable nations' golden visas today. It reportedly got 1100 applicants in the first month. This might be the way of the future.
Just don't be the expats that take advantage of local Penangite, that wanted to punch me the other day, for addressing his error for jumping queue in front of me. Just because we are Asians and you are white, does not make us pushovers. That is when our hospitality and welcome will end. Be courteous and uphold Malaysian culture and way of life.
There are bad people in all cultures, I’m afraid. I’m sorry that this happened to you. 😞
That's inexcusable and he should be deported. Similar for some americans in my condo who were flaunting & breaking the SOP for 2 years even after I scolded them for it (because they make all visitors look bad with their misbehavior). As a visitor, I followed the masking rules even outside even if I disagreed with it. I say comply or go home, and also don't be rude as a foreign guest by jumping queue or threatening a local in his own country! Does one act like this in a friend's home? NO!
Ues, following the local laws and customs make for good relations. Often the violators are simply ignorant as they are newbies. But those that are willfully provocative should probably find another culture to live in.
The pandemic situation was one where a lot of foreigners simply showed their worst behavior because they were swept up in idealogy.
Queue jumping might be because other Asian cultures don't abide with that - same with knowing when one can haggle -appropriate dress (which can vary even within Malaysia) etc.
happy enjoy your life in malaysia this beautiful couple mmm
Nice couple. Good video! 😊
Hi Taylor, Penang always welcome
Great interview. New sub.
Cool !!! ... 😊
love your video
Thanks 😊
Hello Mr Andrew Taylor, actually I have a question for, since you have been in Malaysia learn lot of new things in Malaysia. I think lot of things you still don't know about Malaysia, so I want ask that for future content can we collaborate with me as a local Malaysian to make a new content in UA-cam. You can ask me lot of things you don't know about Malaysia. I think we can make a good collaboration. I will appreciate if you respond it. Thank you.
Email me, we can talk. Do you live in KL? Taylorboz96@gmail.com
@@andrewtaylor4558 okay, i have sending my email to you.
👍👍👍👍👍
Malaysia, truly Asia
An American acquaintance, I once knew who had previously worked at the international school in Kuala Lumpur, comes to mind when I listen to your conversation with Allen and Paul. He not only adores Malaysia but has also blended in so well that we never even realised he was an outsider. He speaks Malay so effortlessly and with such a regional accent. At first, I was perplexed as to why an American like him would find Malaysia to be so appealing given many Malaysians themselves wish to immigrate to industrialised nations like America or Europe. He had a lot of Malay friends and appeared to be extremely content with the Malaysian way of life before deciding to wed a Malay. After their marriage produced two children, he has since passed away. I never thought of him as a foreigner. Many people were astounded to hear him speak to us in Malay because his proficiency in the language was ten times greater than some of the locals here. That's my old friend, an American who cherished Malaysia to the point that he ended his life here.
Thank you for sharing that story! 😊
I wish more expats would learn to speak Malay and mingle with the average locals more... Not just the urbanites. And also for the locals to accommodate and encourage foreigners when they try to speak the local language, not simply diss their efforts and speak English right away.
@@Aeybiseediy -True. We never give foreigners the option to learn Malay or any other native language since the majority of us want to make communication easy in English especially for English-educated senior urbanites. For instance, English is not a language that the majority of people in Thailand can speak. If you were an expat, you would need to learn Thai to be able to speak with them and make sure your communications were understood.
Beauty story
@@noordinbeldenlex1620 Ate there institutions where an English speaker can learn Malay in a formal setting, like most other languages?
Such an amazing interview. Your videos and story telling is getting better and better!!
Thanks Ray Mak! ❤️
Ha! Yes, I was listening, Andy, and yes I’m really coming to Malaysia this year! As you know, unlike you, I’m NOT retired yet. But I’m gearing down and taking more time off. I can’t wait to see you and experience Malaysia, your beautiful new home! Love Liz 😊
aha! the sister. welcome to malaysia. looking forward to seeing you in one of his video
Haha, this is such a fun raspberry!
I used to live in KL, Subang to be exact, for 37 years, but have moved to Ipoh recently, the hometown of the 2023 Oscar nominee Michelle Yeoh. Nevertheless, I still go to KL regularly, ETS for senior citizens is cheap & convenient. I'd visited NYC, LA, Paris, London, Belgium, Amsterdam, Istanbul, Tokyo, Auckland, etc.. but KL is still the best for recycled teenagers 😜.
Thanks for your thoughts. 😊
Penang is the best.... more tolerable & friendly.
Boy, Penang had that impact on me too. I was there for a solid month finishing up the MM2H process and I just loved the island. Add me as a mah jong partner, Taylor!!!!
Sure! 😊
@@andrewtaylor4558 I heard mahjong is addictive. I'm not gonna learn it lol
Hahaha😅
Hello from CA & many thanks 4 amazing interview with expats(American retired teachers) loving their life in Malaysia and what's not 2love? More interviews, please! Living without a car reminds me of living in Tokyo, walk out of apt, ride and go! Wish i was there, until then, Selemat Hari Raya! Year of the rabbit, Chinese New Year, 2023!🐰
As a Malaysian, I'm really happy that Ellen and Paul are living their lives to the best in Malaysia if compared to the US ! Yes, don't forget too, the many other fabulous beaches and mesmerizing islands, world-class dive sites, huge rainforests, three main different cultures with endless shopping malls in the country all for a steal if compared to Europe and the US. Oh, also the crazy gridlock in Kuala Lumpur city and its outskirts ! God bless you both.
Thank you, Andrew, for making Malaysia famous again and trending like she was before. I hope Malaysia relaxes and gives a little leeway for the MM2H rules. #DSAI #KDN #imigresenmalaysia
I hope so too! 😊
We have plans to move to Malaysia, but the MM2H rules need to go back to what they were before or they need to do a new level for retirees.
I am from Selangor and your video makes us feel proud that Malaysia is one of the top few choices for people around the world to live and even retire.
Thanks 😊
@douglastan7084; I am in Selangor, Shah Alam, right now and I encountered here a LOT of hateful and Prejudice and Racists MEN. I've been Targeted; Discriminated, and Verbally Abused by SECURTIY Guards here at the D'Sara Condominiums. A lot of Hate Looks and they have told me to "SHUT UP" and they told me "GO BACK TO YOUR ROOM" or "You Cannot be Here" And they told me to "GET OUT" of the Gym and the Pool. They follow Me Around and tell me to Go to My Room, but don't target Men and other people that they Can tell are from HERE; but Me the Target and the Discrimination is VERY EVIDENT. Much Hate Here.
Nice to meet you Andrew. Just found your channel today and am looking to learn more about Malaysia. I'm not yet at retirement age, but I think it's good to get my thoughts in order and make a trip over. Friend's father worked for many years in Kuala Lumpur and he loved it. Thanks for sharing this video with us.
Welcome! 😊
What a lovely couple and a lovely home! As someone considering moving to Penang, this video was very helpful. Thank you Taylor!
Glad it was helpful!
Excellent video, Taylor. It's really good to get an impression of the expat/retirement lifestyle on the coast in Penang and to hear how happy Ellen and Paul are living there.
Thank you Taylor for sharing Ellen and Paul expats story. The apartment is so beautiful. Thank you for loving my country Malaysia. Hope you have a safe trip. 🙏
Glad you enjoyed it!
@@andrewtaylor4558 I am yr fan. I am a retired housewife. I would like to meet up with you with my husband one day to buy you roti canai if you allow me to. You reminded me of my brother in law. He is an English man from the UK. He also applied MM2H programme since 2008.
@@seetyokechung2957 email me at Taylorboz96@gmail.com. 😊
Hi Taylor, it’s good to see you posting again. A very interesting interview, I really enjoyed it. Can I say by way of hopefully constructive feedback, I did however, find the background music rather distracting and in my view not necessary. Keep up the good work, I look forward to the next one.
Thanks, some people like the music, some people don’t. I like it but try to keep it soft enough to not disturb anyone.
Come to Kuching Sarawak, you will meet the most diverse and welcoming people of Malaysia. Cheaper, wonderful nature and culture to experience.
I’ve been to Kuching a few years ago. Loved it! 😊
Their apartment is fabulous ! In 2017 I lived in Roanoke, Va, my apartment was 1350, if I had only known !
I am a Malaysian living out of Malaysia for the past 20+ years. *I came back as a tourist every other months....for food and 🍻. Thank you for the positives about Malaysia. Both of you are most welcome in Malaysia. God Bless U both abundantly.
Sort of same here.
For food, I would go Msia every week.
I know of some Malaysians whose citizenship lapsed or was lostbecause they took another passport. Malaysia doesn't recognize dual citizenship so the only way to come back and live was generally either a long-term social visit pass sponsored by a relative or the MM2H pass. Some opted for the less expensive SMM2H.
@@gerrelldrawhorn8975 Yes... I fly back to Malaysia bimonthly...Thank you AirAsia for the dirt cheap air tickets. By the way it was then before COVID sets in...now the air ticket is ....
Just found your channel Andrew! I’m enjoying it immensely. We are Canadian, but my partner and I are exploring retirement options. Hoping that the visa situation improves by the time I hand in the company keys. Thanks for the lovely informative videos.
Welcome aboard!
Malaysia had a turning point when we started Visit Malaysia Year in 1990. It was successful event and tourism has been one of Malaysia prime income ever since. From then on, infrastructure for tourism was well planned lead to MM2H program.
Welcome to our lovely country Malaysia 🇲🇾 and you will definitely love our foods, culture and atmosphere.
Thank you! 😃
Veggies on Tour loved Terengganu and Kelantan and so did the Jetlag Warriors etc. In fact, Terengganu is Steve's, of the latter, favourite state. And the Swiss guy from Moonshine and Lemongrass was even treated to some rendang when he and his family went deep into the interior of I think Kuala Krai. Maybe the hostility is perceived?
We’ll be back in Penang in two weeks for a 51/2 week stay and will be eating our way from one end of George Town to the other! 😂
What a nice couple. Enjoyed hearing their story. Hope the gov't will modify the mm2m program.
What an inspiring interview! Im a retired college math teacher from Chicago myself. Opened my eyes about Penang. A life without a car is one big stress less. Btw, is there a drivable highway that connects Penang to Kuala Lumpur or Singapore?
Thanks so much! Ellen has some Chicago connection! Of course there are highways, just like the interstate in the US ,connecting everything. 😊
@@andrewtaylor4558 Thanks, you three should be my first good friends if, God willing, Penang becomes my MM2H!
I cannot imagine living in Penang with no car. Yikes! Everyone I know here has one car, and usually two. Some even have a motorcycle. And seems that every local over the age of 16 in Penang has wheels!
Even so, I prefer the bus or train to KL over a return trip driving. Highway drivers are frightful. I've seen some gruesome accidents on the highway to/from KL.
Yes there's a drivable highway, other than peak season or weekends 4 hours to Penang 4 hours to Singapore from KL. Time can vary with accidents or festive seasons which can triple the time spent on the highway. Bring bottles hahahaha
You can even drive from Penang to Thailand if you are here.
As someone born and raised in Terengganu, and had experience living in Europe and UK, I can tell you that the people in Terengganu are probably just scared that you will talk to them in English and they would not know what to say to you. So I do understand a little bit of their apprehension. Or maybe you met some jerks, they’re everywhere nowadays in Malaysia (jk)
Maybe you can try one of the quieter boutique hotel (eg Alaya Malai) to fully understand the alluring beach life of Terengganu. We prefer coconut water to beer wink wink.
Love seeing you guys retired. I am 31. Love to retire early but i think i just can dream it.😂
Nice conversation. Just not sure the new mm2h policy would affect the expats.
It should not effect the current MM2H participants. 😊
Im Malaysian from PENANG state ✌😇
I would like to locate my former colleague who was a teacher. He was an American Peace Corps, teaching at Sekolah Menengah Sains, Terengganu in 1975. His name is William B. Hawley.
I asked them. It was before their time. They don’t know him.
@@andrewtaylor4558 Thank you Mr. Taylor. His age by now would be around 72 years old because I am already 71.
orang pantai timur makin sombong ke..😁 rileks la jgn diikut sgt hasutan ahli politik tu...
Good advice. 😊
As a Malaysian, I hope ur gudself Mr. Andrew Taylor to initiate a club or association for those American's that already make Malaysia as their 2nd home. Thru the association American's who lived here can voice out ur opinion to the current government. Just my 2 cent.
Where I live in the northern California, $1,100.00 a month for rent is a tiny studio or a share 1 bedroom. 😭😭😭
Sad but true. 😔
Great video!! One day I may consider retiring there too.
Amandesa Retirement Villas in Sanur, Bali just been opened recently 👍
I noticed that all of you wore similar glass frames. Coincidence? Lol.
Yes 😂
An honest description of Malaysia and the changes and growing division between the West Coast and East Coast. This not so apparent in Sarawak and Sabah, thankfully. God bless and take care.
Sarawak is majority Christian and with a plurality of Dayaks @40%,with 30% Malay and 30% Chinese. So no one ethnic group can bully the other two. All have to work together to get anything done. Officials and minority politicians are generally averse to the politicization of religion and race to n politics and even have banned certain rabble rousers from entry...and restricted Malayan party politicians from entering during elections. Kids of all races go to the same schools, there is broad religious freedom, and most of dicussions are on topics like inefficiency and whether programs will actually help the people, not hate speech.
Taylor my brother in law knows them. Ask then if they know fellow PCV Bret Anderson and Tobey Ishii and Sarah. Same year 1976
LOVE da music 4 this video! Please do MORE interview ! LOVE this! WHEN r u interviewing me!? LOL
Anytime CK! 😊
👍
for retirement Penang sure is the best place in Malaysia. coast and beach is plus point.
I agree with them for traveling to USA and to these countries is a hell lot so overwhelming.
One needs to take a stopover for some days and than moving further.
I did this mistake flying straight to Singapore and I was sick for I was 2 nights on the plane, on my way back I stayed in Dubai for 4 or 5 days and literally enjoyed my Dubai visit too.
This place with the view will run you $5-$6K in FL
Absolutely
Very interesting. I'd really be interested to hear more about living without a car in Penang. That sounds very appealing.
Well, Ellen & Paul can walk to grocery stores, shops and restaurants. They use Grab car to get anywhere else. 😊
Mr Taylor, could you recommend which parts of Penang where one can live without having a car yet able to take care all daily necessities,such as grocery shopping, eating out?
@@sueannetan4492 There are a few places. Near Straights Quay, Gurney Drive and around Queensbay Mall. I’m sure there are more like the historic parts of Georgetown but those are the main ones. 😊
Hi Taylor, great video. We really liked hearing Ellen and Paul tell their story about coming to Malaysia. We are really enjoying your channel and videos and look forward to your future content. Talk to you later, bye!
Thanks guys! And thanks for letting me know you watch to the end. 😂😂😂
Welcome to Malaysia, have a blissful happy retirement.
Hai uncle and aunty.. enjoy your retired in Malaysia
As a human good and bad people are the attitude. In Islam you are lucky with the test with the good neighbourhood around you. But bad neighbourhood also the test from god Allah. We should leave the place like that. Search for another peacefull place to stay.
Seems like a lovely place to retire. It looks like a dream place to live specially if you live in Canada which has a cold climate.
They even have your arts on the wall! That's nice 😊
Yes they do, I gave it to them. 😊
@@andrewtaylor4558 That's a fitting gift! 🥰
how can they not gain weight living in Malaysia? 😆
I don’t know! 😂😂😂
I was a PCB (peace corp brat) also in Malaysia from 71 - 73. I'm now retired in Bali... but wishing I was in Malaysia! Cheers!
Informative, fun interview. Question for Paul: Is there everyday outdoor chess in Penang's parks and cafes? Any particular location where players hang out regularly?
The reason I ask: I am an American chess master and chess teacher from the SF Bay Area, and I am planning a trip to Penang in May to scout it out as a retirement destination. I like to hang out and play blitz -- found it's a good way to make new friends.
Would appreciate any insight Paul has. Thanks.
I talked to Paul today. He said there isn’t anything like that that he knows of.
@@andrewtaylor4558 Ok, thanks.
Thanks for sharing this wonderful video. It was a lovely interview. D pool area is indeed beautiful.
It really is!
@@andrewtaylor4558 😁
Thanks for your updates. Interesting interviews! Happy retiring in our lovely country 😄😃😀
How much cost a small apart. or studio to rent there?
$400 US and up. 😊
Thank you for posting another video about life in Malaysia. I enjoyed everyone of them. How many years total have Ellen and Paul lived in Malaysia?
Hi! Eight years in total. A little over four years on this round.
I think about 4 years now. Maybe a bit longer. 😊
Very informative, thank you!
Andrew: Thank you for your Very interesting video. I like the way you patiently and pleasantly present and explain the lives of your guests. What area of Panang is this?
Quayside
Hey Taylor, is Kuching as clean, quiet and walkable as KL, I don't meet the financial requirements for KL, but I can for Sarawak. I really want to live in an area that I can walk from my apartment to everything, fresh vegetables and fruits, clothes, electronics.
For the most part Kuching is clean and more walkable n quieter than KL. I should say Kuching is tranquil
Dear sir, please speak to the 'global gibbon'. The Dutch youtuber has lived there a long time. Of course he is married to a local. He has a spouse visa. His name is nick.
Kuching is anytime better than my town klang. Yes clean.
@@ashtriana1 Thanks !
@@ashtriana1 Thanks !
Good Day Andrew..good interview nice to see you visited Penang again..
Glad you enjoyed it
i just realize some of the wonder art in this video is by you. Can you do a video of your amazing art. Its wonderful and i think would be so enjoyable!
Ever so subtly.
Still thank you for touching on the greater environment of the country.
The new Indonesian measures may be worth a referencing. In case you are required to buy an overpriced piece of realty for a ludicrous profit by a developer here.
Hello Taylor I just find your video.its so interesting living in KL one day I will visit KL. Thanks.
Please do!
Hi Taylor
Thank you for the informative and interesting videos. Would you be recommend a good way to locate a condo for 3 months or so in Penang pls?
Post something on the Expats in Penang Facebook group!
1100 u.s. wholly cow that's expensive for 3rd world country 😊
OMG, it’s not a third world country. Besides, that apartment would cost you about $7,000 a month in the US 😂
Welcome back to Malaysia......👍👍👍👍👍
You grow fat living here. Too many cheap good food. Eateries close at 2-3am !
Roadside is normally safe unlike most countries that have guns and drugs problems.
True 😊
My wife and I love watching all of your videos, Andrew. I wanted to see if you could answer some questions for me. I am an American who just retired from the U.S. Air Force. My wife is Malaysian from Penang. We want to move to Penang to retire (not to work). We are both 50 years old. I am in the process of applying for my sposal visa (Malaysia Log Term Visa). My question is, while I wait for the approval of the sposal visa, (I think I am only allowed to stay in the country (Malaysia) for 3 months on a regular visa pass) can I simply travel to Singapore or Bangkok for a few days and then come back for another 30 days? Any advice you can provide would be a great help. Thank you.
Yes, you can probably do that. They frown upon it though and you have a better chance of it working if you stay out of the country for a week or two. Good luck to you! 😊
you rock my friend! I loved every video of you posted so far! I just love your style which is so sooothing
Thank you so much!! 😊
I found it quite intriguing for Professor Ellen to cite car-free mobility as a reason for preferring Penang over KL because I would have thought the latter would be one of the few places in Malaysia that would surpass Penang in easy and available transportation (NB. I have no empirical evidence for this)
They mostly walk in Penang. 😊
Penang Island , the safer city in Malaysia and the best place for hawker food, that is why Penang Island one of the favourite holiday destinations for a lot of Singaporean ( my family favourite holiday destinations too )
Amazing images and Taylor I love your painting 🖼 . Very beautiful condo where they live
Thanks so much 😊
I just subscribed your channel ✅
Really nice interview n amazing tour
of Luxurious Condo near the beach.
Thanks and welcome
@@andrewtaylor4558 what’s the name of the condo?
@@rickyong1594 Quayside
very enlightening Andrew...
Thanks 😊
Morally I have no objection to the new MM2H rules. They apparently wish to reduce the numbers and prefer to get what they call "tycoons". Like Andrew Henderson of Nomad Capitalist, who supports the new MM2H rules. Both My and TL don't really want foreign middle-class or western retirees anymore.
I'm no tycoon lol, and I'm on the old mm2h and just renewing, and my understanding from them now is that we're "grandfathered" for just one renewal, then the next time in 5 more years, we must qualify under the rules in effect at that time. That's their prerogative.
Thing is, Malaysia is a small country and rather crowded already, especially in areas popular with expats. The Edge reported that Penang real estate increased in price by 39% in 2022. Locals don't want to compete with foreigners who drive up the cost of living and housing. Foreign middle-class retirees are in competition with locals for food & housing, such as at the locally popular Quayside condo shown in this video. But foreign tycoons aren't local competition because tycoons are in the uber-luxury market far beyond the reach of almost all locals. Expat-popular areas of Malaysia currently have only a tight supply of middle and luxury units available, but a glut of uber-high-end condos suitable for tycoons.
Malaysia has a brand new residency visa program where you pay $300,000 per couple for a 20-year visa with no restrictions or residency requirements. That's in-line or cheaper than some other comparable nations' golden visas today. This new visa program reportedly got 1100 applicants in the first month. So this might be the way of the future here, as in some other countries already, I don't know.
I don’t want to argue with you but I find a lot of your “facts” and assumptions questionable at best. For example, saying current MM2H holders are only grandfathered in for one more cycle. I’ve not heard that from anyone else. Also, to consider condos like Quayside, which cost millions, not ultra-luxury is laughable. I think you are being overly pessimistic, at least I hope you are. Also, to say that the relatively small number of MM2H participants have any affect on costs of anything is quite hard to believe. 😊
Andrew is an agent who benefits from fixing wealthy people up with foreign "hip pocket" passports and tax dodges. That's fine. It's a service. But economically Malaysia has lost billions from the conversion of MM2H to Elite MM2H.and PVIP.
There was never the vast number of expats coming in via MM2H. Even if all purchased property that was only going to be about 5000 units annually. Those on MM2H were regulated by State regulations but these restricted purchases in high demand areas to above RM1-2m and to RM600k in other states. The general estimate wasthat MM2H made up sbout 5-10% of foreign owned purchases in these price ranges. And that foreign purchases were about 20% of total purchased. So ee are talking about 1-2%of total purchaees in these higher price units. Thats virtually no competition with locals and no impact relatively on price pressure. The bigger impact is from working/ business expats, foreign investors, etc. In addition there is an overhang increase of about 3000 units annually. That would, and has been argued, that even more MM2H should be allowed in so that builders can recoup their expenses for building developments.
Now the Elite MM2H has averaged about 16 recipients per month, and the PVIP sbout 2 (with 2dependents). The Home Minister asserts there are about 800 applications pending. But how many of these will actually "bite" when they have to pay the high application fees, put RM1 million (most uninsured) into a low interest Fixed Deposit.
But the FD is really just a short-term loan to the banks which will walk out of the country when the applicant departs. It helps support the ringgit in the currency market which suppresed inflation.
Lets do the numbers:Before Elite MM2H -5000 recipients * RM300,000 =1.5bn /year.
Elite MM2H +PVIP 216*1million =216mn
Then there is the attrition of about 2000 old MM2H holders/year. These will be cashing out their FDs:2000*300000 =RM600million/year.
So discarding the old program had net loss of 2.1 billion vs a gain of RM216 million. How does that help the Malaysian economy which is facing increasing inflation?
We can't really closely estimatehow many of those lost 5000 recipients and 2000 lost renewals owned property vs. rented condos. But remember that rentals fuel the secondary investment market who are generally Malaysian so when you lose renters you are impacting this market. But lets assume a rental at RM2500 mo. (RM30000/year) and a mortgage on a RM600k unit of about the same. These are minimums but close and the math is easier to follow. So 7000 lost MM2H *RM30,000 =/Rm210million/year lost to the real estate market. If those 216 Elite/PVIP purchase RM2m properties their annual mortgage might be RM100,000/year. So that's Rm21.6 million/year...vs......Rm216million/year LOST because you instituted a crap, overpriced "quality over quantity".
program.
Now day-to-day expenses. Opportunity cost from those 7000 long stay "tourists". Subtracting the the rent/mortgage I think a guess of Rm5000 couple is reasonable. That's a little over US$1000/month. So again its a lowball estimate and half the minimum expected under the old MM2H program. So Rm60000/year (minus rent/mortgage) *70000=Rm 420million LOST due to introducing the new program. Amount gained is again hard to estimate but the PVIP don't even have to live a day in Malaysia. But wealthy people don't spend that much more than upper class. They may also spend less than they normally would because the lower cost of living and the largely untouchable FD that can't be access d for day-to-day expenses. So lets give them a budget three times thst annually of the older MM2H recipients.
So Rm180,000/year *216=Rm39million Gained....
vs.RM 420million LOST.
I think it's plainly obvious that the amount gainef by instituting these two revised programs is vastly dwarfed (by an order of magnitude and RM billions/year) if the old MM2H had been maintained or slightly modified with moderately higher visa fees, more efficient processing and some perks. Plus clear grandfather claused to encourage renewal and property purchase.
Another great video. Would love to see you interview your friend Jill. I'm in my early 50's and hope i can retire to Malaysia in the near future. Great content!
Jill is in NZ at the moment. I plan to interview her when she’s back. 😊
whats the name of the condo apartment block?
Quayside
Hi Taylor, nice interview ! Did Ellen and Paul purchase the seaside condo or chose to rent ($1100 month) ? I know they don't drive so do they have scooters to get around ? Sounds like Penang has many expats which makes it comfortable. Was the not feeling welcome comment about KL ? was it my Muslim locals ? Happy New Year !
Yes, they chose to rent. I think the comment about not feeling as welcome was about the east coast but not sure. 😊
My comment was specifically about only one east coast city, and I only meant it in contrast to 40 years ago. Malaysians are generally very warm and welcoming.
@@elleneggers723 -Thank you ellen, about the east coast state i honestly respect the sincere view from you and your husband, regarding the issue of alcoholic beverages since more than 90 percent of the population in Terengganu and Kelantan are Muslims and they demand that the Local Government prevent any sale of alcohol in any shop or shopping complex where the main customers are Muslims, therefore the Local Government has stipulates alcohol can be served exclusively for non-Muslims including in hotels, and in most Chinese and Indian restaurants that are sold openly only to non-Muslims, where Muslims are prohibited from entering
Thank you for loving Penang.
Thank you for loving Malaysia.
TERIMA KASIH for loving the dogs ❤❤❤
May of 2023, I am in KL having come here many times. I agree the people are not as welcoming.
Great video Taylor, you will have 10,000 subscribers really soon😊
Thank you!
Hi Andrew you are on the heavy side and my advise is you have to slim down to have a healthy live.. Go less on the beer and fasting is good for you..
Since this country is great, I hope your good health will make the very best in this world... God bless
I’m currently doing intermittent fasting so hope to lose some weight. Appreciate your concern. 😊
Good luck on your IF. Take less carbs too. It worked for me after being overweight for more than 20 years.
When in east coast just
1. Wear decent clothing, no short and sleevless
2. Dont show your romantism in public
3. Dont preach your religion
4. Smile a lot
5. Do what the local do
Then you will enjoy your east coast stays
👍
Its all about living cost,in other aspect,US still the best
Not in my opinion 😊