100,000 Malaysian ringgits is less than $25k USD. Your math is off. I do agree about developing countries being "shitholes" they have no sanitation which drives me daffy especially in the Philippines. In the back of my condo where we had our first apt they just throw trash from the Gaisano Country Mall Bowling alley/KTV/massage parlor onto ever growing piles including dead animals, then students come and have soccer practice and basketball clinics etc among the disorder. No one cares, they just throw their wrappings and whatever onto the piles. During dusk various houses just set their trash on fire and contribute to the haze while claiming "it helps the mango trees" or "keeps away the mosquitoes" all of which is just falsehoods. In Duma it was the same, only once weekly trash pickups IF your helpers got up early in the morning while it was practically still dark. This of course resulted in the urban areas as well as the outlying barangays looking like war zones every day and night. Christmas was a disaster looking worse than the U.S. 4th of July and I completely agree with Duterte on this change to outlaw the fireworks on this supposedly religious holiday. Will probably save some limbs too while he's at it.
I was reading on the proof of *liquid* assets it looks like. Still 500k ($122.6k) and 350 for 50+ ($86k) is a LOT of liquid assets for many pensioners. The fixed amount required in the bank though is 150k ringgits for 50+ and 300k for under 50 (not 100k). Also no fixed deposit exemption for those under 50 with a government check (disabled veteran for instance).
If you drill down a little bit on that web site, as I understand it correctly, you need to prove 10,000 ringgit or greater p/month government pension(s) - which right now is about 2,500 USD p/month. You can add up all your "government pension" money all together to get to this figure, so you don't necessarily need just one pension at that total 10,000 or greater ringgit number. Many nations DO accept US VA compensation as a qualifying "government pension". The Philippines does through PRA as an example. The US VA monthly Compensation as a qualifying "government pension" DOES depend on the country, and an email to their VISA program folks will more than likely give you the correct answer to this. VA Compensation is backed/funded by the US Treasury. In addition, many State government pensions also qualify (my widow's pension is a State-funded pension and qualifies). What most nations are looking at seems to be the breaking out or separation of what is bank/investment/real estate/stock generated monthly income and what is not. Government pensions are a separate category of consideration for the MM2H. If I read things correctly, an exception to the various required deposit amounts policy CAN be waivered under certain qualifying conditions. The exception to the standard "deposit" policy is dependent upon age and monthly Government pension thresholds. Approved applicants over 50 receiving a pension from a Government in excess of RM10,000 a month (approx. 2,500USD) can request an exemption from making the Fixed Deposit. As I understand it, all others have to make a Fixed Deposit of some amount. The operative word is "request", so it's on the applicant to know about this and file the request form. Like everything else in this world of international VISAs, it all depends on your situation and what each individual nation is looking for. These VISA programs and schemes change all the time, too, with nations adding, deleting or modifying what they are currently offering. I found in my last two years of looking around that some nations I was interested in had too high of a qualifying threshold for me to enter - then they modified their rules and now I do qualify. Other nations are just now rolling out new programs (see Dominican Republic - seriously!), and still other nations are "raising the bar" (especially if their VISA program is exceeding their targets). VISAs for foreigners is a very fluid thing. I have discovered it will be to my advantage to "strike while the iron is hot", as I have seen VISA windows/programs open and close in short order, or they "raise the bar" - and this has happened with little or no notice. ********** Student VISAs is one way to get your foot in the door and if you are a US Veteran, you can use your GI Bill in many nations around the world that will provide you enough money to subsist on for 8 months a traditional school year (if you attend full-time and year-round, you can get a couple more months of subsidy (called the MHA as I understand it). ********** If you enjoy the Philippines and have no trouble wanting to live there for many years, this is great! If it ain't broke - don't fix it. But it's always good to have a Plan B. And there are a few nations out there where you will find your Plan B - just-in-case place. But I've found I've had to do a lot of drilling down to find them. Would be a whole lot easier if I were a millionaire - just about everyone wants you. But as a retired working stiff, the field is much more narrow. And if you are younger and not retired, the options funnel down even more. Such is the way of this old world.... V/R, nwlivewire
I was once in a Bar in Dallas called the SPOT CLUB where all bathrooms were co-ed and there was a long line of women at the mens room and a long line of men at the womens room. I think that was cool for a bar. But for school children its going to get crazy!
The problem is the uSA has quit following the Common law. And now has Admiralty and Maritime jurisdiction on the land. Under the Common Law if there is no "Corpus Delicti" i.e. injured party there is no criminal case. Or in the common law if it is a Civil matter there has to be a contract that has been broken. So just sign all documents U. D. Under Duress know the common law and prepare yourself to battle with out making a plea. Once you plea you are recognizing jurisdiction and you have given away your sovereign rights anywhere in the world. Just remember that " Your Honor I don't understand the nature and cause of the Accusation against me" Never answer, only question when in court if you want to win. Carl Miller taught me many moons ago and I win every time! You can find him on youtube
Only applies to those over 50. Under 50 still need the hefty sum bank account with them holding a big chunk of money.
Yes. That is correct - or at least that's how I read and understand the MM2H VISA Program for Malaysia. Have you checked out the new VISA program rolling out in the Dominican Republic? It looks like there be not be an age requirement. It also looks like one can open a bank account with minimum ease, have a US Dollar account, can own or buy property, own/start up a business, can get work permits, has a monied tourist and cruise ship base (potential customer base near the Port of Santo Domingo), and one can use the GI Bill there. It's also a two-hour flight back to the States from the Carribean D.R. Plus, establishing residency in the DR will allow you to use the foreign income tax exclusion law for IRS tax reporting purposes, which is significant for those Yanks who work for wages around the world and outside the domains of the USA and it's territories. Both the US and the DR allow for dual citizenship - no relinguishment required - your US/State Government pensions remain valid. Here is a web site for this nation, but they haven't fully updated their stuff yet. Dominican Republic Ordinary And Investor Residency Also, check this site out (WEAMS) if you want to use your GI Bill anywhere in the world. WEAMS Public The cost of living websites are here: Cost Of Living Comparison Expatistan, cost of living The Philippines is a good place to live as an ex-pat in many, many respects. Again, if it ain't broke - don't fix it. But it's always good to have a Plan B, or, know where your next place might be if your life/lifestyle changes. Some nations allow you to work - others not so much or not at all. Some nations allow you to open/establish a business in your own name - others not so much or not at all. Some nations allow for property ownership in your own name - others not so much or not at all. The list goes on and on - just depends on your situation and finding a national match that will give your "bang for your buck". Hope this helps you. The window of opportunity has now opened up for me in Malaysia on their MM2H as the USD has climbed up against the Ringgit, now making me eligible for this program. I am re-considering this nation and may take them up on this. They are also closer to Singapore and SE Asia, are actively developing their roads and rail systems, have first rate/world class hospitals, the GI Bill is usable, can own property, and can get the initial deposit waivered. This may be a game changer for me. So keep you ears and eyes open as these VISA opportunities will open and close. Happy hunting! V/R, nwlivewire
