Malaysia Cross Border Resources

From Planipedia

Thanks to the Financial Planning Association for sharing their material to create this page.

Contents 1 Cross-Border Planning - Overview 2 Country Information - Malaysia 3 Immigration issues 4 Cash Management 5 Housing issues 6 Tax Planning 7 Investment Planning 8 Risk management 9 Retirement Planning 10 Local Regulation 11 Referrals to Local Planners

Cross-Border Planning - Overview

Country Information - Malaysia

In an effort to provide information on financial planning issues in Malaysia, FPA volunteers have gathered the following links together to point you towards a variety of different resources.

Each link has a descriptive tag explaining what type of site the link goes to. The tags are:

• GOV for government or regulatory sites • ORG for non-profit or association sites • EDU for academic or educational sites • COM for commercial sites, such as product providers

Virtually all of the links lead off of FPA's Web site.

Quality of life - Local customs and flavors

• http://www.expat.com.my/ (com)
• http://www.expatkl.com/ (com)
• http://kualalumpur.asiaxpat.com/ (com)
• http://www.economist.com/countries/Malaysia/ (gov)

Health

• http://www.travel-guide.com/data/mys/mys080.asp (com)
• http://www.expat.com.my/xhospitals.htm (com)

Social Security coverage

• http://www.perkeso.gov.my/ (gov)
• http://www.socialsecurity.gov/policy/docs/progdesc/ssptw/2006-2007/asia/malaysia.html (gov)

Education standards

• http://www.expat.com.my/xschools.htm (com)

Ex-pats opinions on quality of life

• http://www.tourism.gov.my/ (gov)
• http://kualalumpur.asiaxpat.com/ (com)
• http://www.expatkl.com/society_culture.php

Immigration issues

• http://www.imi.gov.my/ (gov)
• http://www.mida.gov.my/ (gov)

Legal Residency

• http://www.imi.gov.my/eng/perkhidmatan/im_PegawaiDagang.asp (gov)
• http://www.expat.com.my/silverhair.htm (com)
• http://www.alloexpat.com/malaysia_expat_forum/malaysia-permanent-residency-permit-t57.html (com)

Visas and immigration requirements

• http://www.imi.gov.my/eng/perkhidmatan/im_Permit.asp (gov)
• http://www.travel-guide.com/data/mys/mys040.asp (com)

Cash Management

Exchange Control

• http://www.bnm.gov.my/index.php?ch=22&pg=608&ac=480 (gov)
• http://www.mida.gov.my/ (gov)

Bank accounts

• http://www.expatkl.com/banking.php (com)
• http://www.expat.com.my/xbanks.htm (com)
• http://www.mida.gov.my/ (gov)

Currency conversion

• http://www.hasil.org.my/english/eng_NO6_1.asp (gov)
• http://www.mida.gov.my/ (gov)

Education costs

• http://www.expat.com.my/xschools.htm (com)

Cost of living analysis

• http://www.economist.com/countries/Malaysia/ (com)

Housing issues

• http://www.expatkl.com/ (com)

Tax Planning

• http://www.asiatradehub.com/malaysia/tax1.asp (com)

Determining liability for income and gains taxes

• http://www.hasil.org.my/english/eng_index.asp (gov)

Foreign Tax Credit arrangements

• http://www.hasil.org.my/english/eng_index.asp (gov)

Local taxation of non-local pensions and investments

• http://www.hasil.org.my/english/eng_index.asp (gov)

Investment Planning

Asset Allocation viewed globally

• http://www.lofsa.gov.my/lofsa5/index.htm (gov)
• http://www.mida.gov.my/ (gov)

Risk management

• http://www.expatkl.com/insurance_coverage.php (com)

Liability Insurance

• http://www.expatkl.com/motoring_guide_roadtax.php (com)

Health Insurance

• http://www.ykconsultancy.com/sihatmalaysia.htm (com)
• http://www.alloexpat.com/malaysia_expat_forum/medical-insurance-health-insurance-guide-t7287.html (com)

Property Insurance

• http://www.expatkl.com/insurance_coverage.php (com)
• http://www.lawyerment.com.my/Insurance/property.shtml (com)

Retirement Planning

Local pension design and tax structure on encashment

• http://www.kwsp.gov.my/index.php?lang=en (gov)

Social Security agreements between countries

• http://www.irs.gov/businesses/small/international/article/0,,id=96454,00.html (gov)

Transferability of Pensions

• http://www.kwsp.gov.my/index.php?lang=eng (gov)

Estate Planning and Succession Taxes

• http://www.hg.org/law-firms/Estate-Planning/Malaysia.html (com)

Local Regulation

• http://www.bnm.gov.my/ (gov)
• http://www.epu.jpm.my/ (gov)

Referrals to Local Planners

• Email chan@fpam.org.my