Embracing a New Life — A Singapore Couple's Move from Clementi to JB
What are the advantages of moving from Singapore to JB? Let's describe a hypothetical case of this Singapore couple in their mid-50s, with a home in Clementi. Their decision to relocate to JB represents a chance to enjoy a more laid-back, fulfilling lifestyle, whilst still remaining close to Singapore. With their fully paid-for Singapore condo and no children, they're in an ideal position to live the life of expats just across the Causeway.
Leveraging the Singapore Rental Market
By renting out their Singapore condo, the couple can take full advantage of Singapore's productive rental market. The rental income, combined with the favourable SGD/MYR exchange rate, will more than cover their living expenses in JB. Additionally, they can boost their cash flow with income from their investments, such as dividends, capital gains and cash savings. The good news is that none of this is taxed when remitted to Malaysia, that is, for
MM2H-holders. (More about MM2H below).
Renting First A Smart Move
Before jumping into a home purchase, however, this couple can rent, say, a landed home in JB, to get a feel for the area and life across the Causeway. It's no secret that JB's property market is way more affordable compared to Singapore, so during their transition, the couple can enjoy the comfort of a spacious house without the hefty price tag. After residing there for 3-6 months or so, they can decide wether they wish to make a permanent investment by buying a home.
Quality of Life in JB
Living in JB means embracing a less competitive, less pressure-cooker pace of life, a sharp contrast to Singapore's environment. Additionally, JB offers a wealth of other lifestyle benefits, including affordable healthcare, high-quality international schools and excellent
makan options. The couple can spend their days exploring the local culture, going on road trips to other parts of Malaysia, or making day trips back to Singapore, since, in most cases, it's just 10—15 km away rom their JB base.
The convenience of staying close to family and friends back in Singapore is a big plus. And with the upcoming RTS, commuting between JB and Singapore will become even easier, allowing the couple to remain closely connected to their Singaporean roots, while fully making the most of the benefits of JB life. Enjoying such a comprehensive lifestyle arbitrage opportunity, whilst also being able to remain close to home makes Singaporeans the envy of many. It's a rare and fortuitous set of circumstances.
Securing Long-Term Stay with MM2H
Now, rather than relying on the 30-day ASEAN pass, which eventually could raise red flags at CIQ, the couple can apply for the MM2H Silver visa or the MM2H SEZ/SFZ visa. Either way, Malaysia's MM2H provides them with the stability and peace of mind to live in JB long-term, avoiding any potential issues with repeated visa runs and the stress that goes along with this. In fact, misuse of the 30-day pass, which is a social pass after all, could result in being denied entry or even earning a period of being blacklisted.
On the whole, for Singapore couples looking for a more relaxed lifestyle without giving up the comforts and proximity to Singapore, JB offers an ideal solution. By leveraging the rental income from their Singapore property and making use of the
MM2H visa, our savvy, forward-thinking couple can enjoy a high-quality lifestyle, whilst remaining financially secure,
plus all the while retaining Singapore within arm's length. A unique, once-in-a-lifetime opportunity.
