Where should I setup a bank account in Malaysia?
We asked expats in Malaysia what banks they use and there advice about banking. They advised...
"Before retiring in Malaysia, expats should familiarize themselves with the cost of living in the country. Expats should also do their research on the taxation and visa requirements which may affect their ability to stay in the country. It is a good idea for expats to look into the local healthcare system to get a good idea of the available medical facilities and insurance options. Expats should also check the political climate in the area they are planning to retire in to ensure they will feel safe and secure. Lastly, it is advisable to make sure there are adequate social activities, such as clubs or events, which will facilitate a fun and rich retirement experience," remarked another expat in Malaysia.
Other Questions:
- What do I need to know before retiring in Malaysia?
- How do I meet people in Malaysia?
- What is life like in Malaysia?
- Is there a lot of crime in Malaysia?
- Is there a lot of diversity? Are people in Malaysia accepting of differences?
- What are the schools in Malaysia like?
- Is the cost of living in Malaysia high?
- What advice do you have for expats having a baby in Malaysia?
- What are healthcare services like in Malaysia?
- Is the cost of living in Malaysia high?
- What type of recreational facilities are in Malaysia?
- What is the weather like in Malaysia?
- Are there good restaurants in Malaysia?
- Where will I buy groceries and do other shopping in Malaysia?
- What are the visa & residency requirements in Malaysia?
- Are healthcare and health insurance expensive in Malaysia?
- What do I need to know when buying property in Malaysia?
- Are foreigners allowed to own property in Malaysia?
- What appliances are typically included in a rental?
Where should I setup a bank account in Malaysia?
If you live in Malaysia, newcomers to Malaysia would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
