MM2H Silver For a Banking Professional
With the relentlessly rising cost of living in the UK, more Brits are seeking a fresh start with one of the Golden Visas offered by more and more countries. Thanks to its attainability, Malaysia's
MM2H, is rapidly becoming an appealing choice in the UK. Why? Well, for a hypothetical single banking professional in his late 20s, MM2H would work out as follows.
The
Malaysia My Second Home visa is a golden opportunity to step outside the boundaries of the UK and experience a new and mor fancy lifestyle in Southeast Asia. Sure, with a secure job in London's financial sector, our young professional has accumulated some savings and investments to live pretty comfortably. But Malaysia offers a whole new level of luxury at a fraction of the cost. The so-called MM2H Silver visa, in particular, allows him or her to live like an expat, with all the financial advantages that come with this lifestyle upgrade.
One of the primary attractions of MM2H is the favourable 5.5:1 exchange rate between the Pound and the Malaysia Ringgit. Obviously, the strong Pound provides quite a leap in purchasing power once in Malaysia. In practive, this means that all MM2H-holders' savings and income will stretch much, much further, to the tune of a factor of moe than five, in fact! In London, the cost of living is notoriously high, with even basic amenities costing a small fortune. By contrast, Malaysia offers very affordable living
with a high standard of services, from a spacious, modern apartment, private club membership, plentiful dining options, travel throughout Asia, etc.
Luxury Living in KL
Kuala Lumpur, Malaysia's bustling capital, is the ideal place for a professional to sink down his or her roots. KL offers a dynamic urban environment with all the trappings of life in a happening city, but at a much, much lower cost compared to London. With MM2H, he or she can buy a stylish condo in one of the city's prime locations, the kind of thing that's no longer within reach of many young professionals in the UK.
Beyond just financial advantages, the outdoorsy lifestyle Malaysia offers is another major draw. Unlike London's typically grey weather, KL boasts blue skies and comfortable temperatures year-round. For a banking professional used to the daily grind of the City, the laid-back pace of life in Malaysia is a welcome change. Whether it's spending weekends on pristine beaches or enjoying Malaysia's vibrant food scene, there's no shortage of ways to relax and unwind there.
And as English is spoken just about everywhere in Malaysia, social integration is as good as seamless, especially given the considerable British expat community, one of the echos of the two countries' shared past. Add Malaysia's delicious cuisine, lively culture and endless stretches of stunning beaches and it quickly becomes clear that this. Is. The. Life.
Healthcare
Healthcare is another factor that makes Malaysia so attractive for those on the MM2H visa. Next to Singapore, KL has some of the best private hospitals in the region, offering world-class medical care at prices far lower than in the UK. MM2H expats can rest assured that should any medical issues arise, he or she will have access to top-tier treatment without the exorbitant costs seen in Blighty, nor the long waiting times.
For a single professional looking to explore new horizons, MM2H provides an upgrade in financial security and lifestyle, a unique double-barreled opportunity. With tax exemptions on all foreign income wired to Malaysia, along with luxurious living,
MM2H is a visa that transforms the dream of
living the life in the sun into a reality.