Even if going for international banks, be careful too, US and European banks are risky.

I will vote for Singapore banks today.

Doing business in Malaysia is still the best way to make a living, we have control over many things -> our taxation, our retirement age, it's endless, since the regulators are not so 'on the ball' in many areas.

Thank you for all the supports.

I would also like to add that if and when we migrate, we should try our best to be fair to the destination country, by declaring and paying the taxes accordingly. Do not short-change the destination country, otherwise, why did we choose to migrate to that country ?

It is a choice that we have made, therefore, let us be fair and be right towards the new country.

Let us be aware that we cannot choose where we are born into, but we can choose where to go to. There is always a choice.

IN another context, one may or may not fight for a country that he is born into, but he is dutiful to do national service for a country that he chooses to go to.

This post has been edited by Hansel: Oct 2 2011, 09:33 AM

Let's help before this thread is closed.

What are you good at in terms of investments ? Go into what you are good at. And always think diversification.

Before going into what you are good at, park your money in a few banks in Malaysia, each FD cert should be below RM 100K in value.

I would advise the above first.