Oliver and Lily: Financial Independence & Joyful Living in Malaysia
Oliver and Lily, a couple in their late 40s from the West Midlands, have grown a little weary of the uncertain political climate and the ever-rising cost of living in the UK. As a project manager and a teacher, respectively, they've worked hard to pay off their maisonette, which they now plan to rent out for extra income whilst living overseas. With additional investments in FTSE stocks and some Bitcoin locked up in cold storage, they're in a comfortable financial position to explore their new life abroad. Where are they headed? Well, after careful research, Malaysia and its
MM2H visa have caught their attention.
Why Malaysia My Second Home Works for Oliver and Lily
One of the excellent various financial benefits of MM2H for Oliver and Lily is the lower minimum property purchase threshold they're entitled to once they've been approved for this long-term visa. For non-MM2H residents, the minimum purchase price for property in Malaysia can be much higher, depending on the region, but all MM2H participants have access to lower thresholds, making the idea of purchasing a home in this fascinating and sun-soaked country really rather appealing. That said, the couple's plan is to rent a house initially, allowing them time to explore various parts of Malaysia, from the unhurried east coast to the bustling cities of Kuala Lumpur and Johor Bahru, or even Penang's island-living, before settling on where to buy.
Tax-Free Transfers and Strong Financial Standing
Another compelling benefit is that all funds they wire from the UK to Malaysia are tax-free under MM2H. With the exchange rate between the Pound and the Malaysian Ringgit heavily in their favour, their wealth will stretch significantly further once in Malaysia. Combined with their rental income from their UK maisonette, FTSE investments and, optionally, their Bitcoin holdings, Oliver and Lily see this as an opportunity to enjoy a higher standard of living without burning through their savings. The idea being that for all the pleasant living they're looking at in Malaysia, they'll still be able to leave their kids a healthy inheritance.
Low Cost of Living in Malaysia
The cost of living in Malaysia is notably lower than in the UK, but the quality of life is unquestionably high. For Oliver and Lily, that means being able to afford a bigger house, enjoying frequent dining out and having access to world-class private healthcare—all without the financial strain they've started to feel in the UK. Whether they decide to live in Penang, the laid-back coastal town of Kuantan, or Singapore's immediate northern neighbour, Johor Bahru, they're confident that life in Malaysia will offer them a lifetime of good living. Especially when combined with MM2H, the couple can look forward to fulfilling lives at far less cost than would ever be possible in the UK.
What's Next for Oliver and Lily?
Well, going forward, they plan to take full advantage of Malaysia's easy-going pace of life, stunning natural beauty and year-round blue skies. They're eager to explore the untouched beaches, trek through pristine rainforests and escape to the cooler highlands when they feel like cooling down in the more temperate microclimate of Malaysia's highlands. With MM2H in hand, Malaysia's property market, the tax-free benefits and blissful affordability make this modern Southeast Asian country the perfect option for the couple's next chapter.
More details about MM2H and expat-living in Malaysia? Click
MM2H.co.uk.
