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Obaydullah wrote:

That's good information. I will decide where to live after I am successful in obtaining an MM2H visa. Many thanks, expat000.

If you want to live in Sarawak or Sabah you need to apply for their mm2h not the peninsular one.

There are three mm2h visas in total. The peninsular one does not enable you to live in Sabah or Sarawak.

The Sarawak one allows you to live in Sarawak or peninsular Malaysia.

Obaydullah wrote:

Can any of you please tell me whether the MM2H approval letter is sent by email or by post or any other media? Thanks.

It is a physical document sent by post or courier to the address you give on the application.

If using an agent it is sent to them.

Gravitas wrote:

I think you are right!!

If you already have a banking relationship with HSBC it can usually be extended to Malaysia.

If not you just take the original Conditional Approval Letter to the bank so they can open a current account plus any currency accounts you may wish to use to wire your Fixed Deposit money into Malaysia.

Always need to take your passport when dealing with banks or other officialdom in Malaysia.

I don't know about money transfer routes from Taiwan but Transferwise or other similar services probably exist. Otherwise it is a case of

a) wiring an amount in MYR end value into your MYR current account
b) transferring funds into a currency account (for later exchange into MYR)

From either of those routes the Fixed Deposit is set up.

Depending on the validity of your mm2h pass based on passport expiry date, if there is 5 clear years it may be possible to negotiate a 5 Yr fixed deposit higher rate than just a 1 year rollover.

I will continue to negotiate with HSBC Malaysia staff  to open account with passport and MM2H approval letter.

But I also want to know that if I open the FD account of Maybank or CIMB when I am in Malaysia,
then I must return to Taiwan to order my bank in Taiwan to process the wire transfer to FD account in Malaysia bank. Therefore, is it means I can't get the MM2H visa chopped in my passport during a single trip to Malaysia ?  (ie. one trip for open FD account and then return to origin country to process wire transfer. another trip to get the FD certificate to get the MM2H visa chopped)

Gravitas wrote:

Yes of course you just walk into any bank in Malaysia with your CAL and passport. Every bank can accept mm2h clients.

Don't fuss with HSBC. They are chaotic in KL. They are good in Penang.

Hello Gravitas,  I have discussed in detail about health insurance with MSIG Malaysia through email and the only outstanding problem is that it requires a permanent address instead of hotel address  when I fill-in the proposal form of the policy.  As the first trip is to get our passports endorsed with MM2H visa but will only relocate to Malaysia few months later.  So how do you handle the address problem when applying for health insurance ?   (The CS claims that the policy will be sent to the registered address through normal post.  I even cannot collect the policy over the counter at their office)

Gravitas wrote:

Use another insurer. Usually there are no problems like this and they should know you need the policy urgently so realise you need to arrangd to collect it from their office after a couple of days not wait a week or more for it to be mailed.. If you know someone ask to use their address "care of" then change the address when you have your own place. Definitely warning signs with this company

You have mentioned that you subscribed Tokio Marine's health insurance.  Does Tokio Marine allows hotel or service apartment address as registered address and also can collect policy at their office ?

Gravitas wrote:

You will have to ask them as I was already a resident when I applied for mm2h I use their office on Jalan Sultan Ismail. They have a very cut down policy just for mm2h. However as I live 100% of the time in Malaysia I buy a more robust policy. Still pay the same for 12 months coverage here as I would pay per month in Europe

Thank you,  I will go to Jalan Sultan Ismail office for health insurance.

Gravitas wrote:

I think it's in Menara Dion (right by monorail Station Raja Chulan) about 21st floor. But doublecheck. You need a security pass from the reception desk at ground floor and must give them some kind of ID card for safe keeping. I use a driving licence usually. Take your passport and mm2h letter as you will need them..Offer to pick up your policy document when convenient and provide a phone number they can call you on when it's ready. If you just give the full street address without mentioning hotel or serviced apartments it will probably work.

All their policies and prices are online but ask if they have a mm2h policy. It may just be their cheapest mini policy.

Thank you, I will arrange to go to this office for health insurance.

Gravitas wrote:

Ask about the Rebate for Walk-in customers. They call it "Direct A/C - KL"

Thank you for the information.