Will My Trading Income Be Taxed in Malaysia? (MM2H + IBKR Setup)

DaBatvan New member

2POSTS

last month

I鈥檓 a Canadian planning to become a non-resident and apply for the Sarawak Malaysia My Second Home (S-MM2H) program.

While living in Malaysia, I plan to manage my own personal investment portfolio:

聽聽鈥⒙� 聽 A larger portfolio focused on buy-and-hold and position trading

聽聽鈥⒙� 聽 A smaller portfolio dedicated purely to day trading

All trading would be done using my own capital through IBKR (Interactive Brokers).

I also plan to arrive with enough savings to cover approximately two years of living expenses. After that, I would begin drawing from my investment accounts as needed, likely once or twice per year.

My questions are:

聽聽鈥⒙� 聽 Would income from these activities be considered foreign-sourced income, and if so, would it be subject to tax in Malaysia鈥攅specially when funds are remitted for living expenses?

聽聽鈥⒙� 聽 Would engaging in day trading while living in Malaysia, using only my own capital, pose any regulatory or tax issues?

Appreciate any insight from those familiar with Malaysian tax rules or with similar setups.

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