In recent years, as the cost of living rises and the pressure on education intensifies, many Chinese families have begun to look for an ideal place to settle down overseas. Malaysia, with its warm climate, multiculturalism and cost-effective lifestyle, has become the ideal place for Chinese to live.immigrantsThe new favorite. But what about health care after immigration? Are the taxes friendly? Are there any restrictions on buying a house? This article will give you a comprehensive overview ofMalaysia ImmigrationMedical benefits, tax system and home buying policies, helps you see the real picture of life after immigration.

I. Medical benefits: affordable prices and quality services

Malaysia's healthcare system is among the best in Southeast Asia, with not only a high level of medical services, but also prices that are far lower than those in developed countries in Europe and the United States. Local medical care is divided intoPublic and private hospitalsTwo major systems:

• Public hospitalsOperated by the government, the service is inexpensive and suitable for residents with Malaysian status or long-term visas. Despite the long waiting time, basic medical care is well covered.

• Private hospitalsThe service is faster, the facilities are state-of-the-art and the doctors are generally fluent in English, making them ideal for expatriates. Common private medical institutions such as KPJ, Pantai and Gleneagles also have a good international reputation.

Immigration to MalaysiaAfter that, if you are living through the "Second Home Program (MM2H)", you are not entitled to free national health insurance, but you can purchase commercial medical insurance with annual premiums ranging from a few thousand to 10,000 RMB, which covers regular outpatient and inpatient services, making it a very cost-effective option.

Summary of highlights:

• Mature healthcare system and rapid development of medical tourism

• Internationalization of private hospital services, communication without barriers

• Commercial health insurance is flexible and reasonably priced

II. Tax system: no global taxation, favoring expatriates

Malaysia practisesterritoriality principleIn other words, only Malaysian-sourced income is taxed, while overseas income is not taxed.untaxableThis is very attractive to Chinese people who have overseas assets or income.

personal income taxIt is a progressive system, with tax rates ranging from 1% to 30%, but with a higher starting point (currently about RM35,000/year, or about RMB55,000), the average household has a lighter tax burden.

In addition, MalaysiaNo inheritance tax, capital gains tax (except for short-term sales and purchases of real estate) and no gift tax, which is very friendly in terms of passing on assets and managing money.

corporate taxHarmonized at 241 TP3T, with a preferential tax rate of 171 TP3T for small businesses (with annual revenues not exceeding RM600,000).

Summary of highlights:

• No overseas income tax, suitable for high net worth individuals

• No inheritance or gift tax, which facilitates family asset planning

• Stable corporate income tax rate for start-up investments

III. Housing policy: foreigners can buy, moderate thresholds

Malaysia allows foreigners to freely purchase a home and own the freehold by meeting a minimum threshold of purchase (policies vary from state to state). This is extremely rare among Asian countries.

• Thresholds for homeownership: Most states set the minimum amount for foreigners to purchase a home at RM1 million (about R1.5 million), but states such as Johor and Penang will have a slight upward adjustment.

• Property Rights Issues: Foreigners purchasing a home can getfreeholdand can be freely bought, sold or rented out.

  

• Loan Policy: Most banks allow foreigners to apply for a mortgage, but usually a down payment of 30%-40% is required.

Popular cities such asKuala Lumpur, Penang, Johor BahruNot only are the prices moderate and the surrounding facilities mature, but there is also a large Chinese community, making life convenient and language barrier-free.

In addition, property taxes and fees are very transparent, including stamp duty (about 3%-4%), lawyer's fees, valuation fees, etc., with no additional mandatory expenses.

Summary of highlights:

• Foreigners are free to buy a house and own the freehold

  

• Reasonable home prices and relatively low barriers to homeownership

• Solid real estate market, suitable for both home ownership + investment

IV. Comprehensive advantages of life after migration

• Language and culture: Malaysia is one of the official languages of English, the proportion of Chinese is more than 20%, Chinese communication is smooth, and the religion and culture are inclusive.

• Cost of living: Daily consumption is much lower than that of first-tier cities, such as cheaper food and beverage, transportation, utilities and internet.

• Climatic environment: Tropical climate, warm all year round, no heating required, suitable for retirement or long term living.

Conclusion: Why is Malaysia worth your consideration?

If you are looking for aCountries with pleasant climate, inclusive culture, low cost of living and friendly policiespermanent settlement or retirement.Immigration to MalaysiaIt is an attractive option. Whether it's healthcare, taxation or home buying policies, Malaysia has demonstrated its friendliness to expatriates, with a natural affinity for the Chinese community in particular.