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," said a member in Malaysia.
Get Quote
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote
Other Questions:
- What do I need to know before moving to Malaysia?
- How do I find a place to live in Malaysia?
- What is a typical expat home or apartment like in Malaysia?
- What is the average cost of housing in Malaysia?
- Should I buy or rent a home in Malaysia?
- What should I pack when moving to Malaysia?
- What cultural faux pas should I try to avoid making in Malaysia?
- Why do people move to Malaysia?
- What are healthcare services like in Malaysia?
- What are medical services in Malaysia like?
- What are typical rents 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 joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.