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Get second residency and pay no tax in these 18 tax-free countries


12.Malaysia

Malaysia is one of the most underrated second residency programs on earth, especially for entrepreneurs and investors who want to live in Asia full-time, but can’t afford Singapore. Malaysia’s “My Second Home” (or MM2H) program is extremely straightforward and doesn’t require much help from anyone to get. If you’re under 50 years old, you’ll need to show proof of $2,300 monthly income and deposit approximately $70,000 at today’s exchange rates into a Malaysian bank. You won’t be able to touch your money for ten years, or until you cancel the visa, unless you decide to buy real estate. If you’re over 50 years old, the bank deposit is cut in half. Learn more about residency in Malaysia.

 

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