Bro,... just some suggetions,... you can do one of a few things now :-

1) remit back 6 mth to 1 year of funds now to cover yr expenses prior to Jan 1. As time goes by, procedures will be improved,... or this whole fiasco will just fail because it's not feasible to implement this for individuals.

2) start building up a local income-generating entity, eg set-up a business or something so that you won't need to use ur foreign income for expenses.

3) start establishing a residence somewhere else so that you don't need to stay in Msia for 183 days or more per any Financial Year. Then you would be a non-tax resident.

dwrk, i'm in same shoes, i'm a non tax resident now, all saving are offshore. But eventually will need to repatriate those fund back for living expenses at retirement.

I really don't see IRB have the capacity to differentiate which income are earned before 2022, they will tax as long as the income is remit to Malaysia on Jan 1 2022 onwards.

If you are in those countries where Malaysia had DTA treaties, then can apply for certificate of residence to avoid the duplicate taxation.

bring back cpf is taxable... most likely top up tax... not spared...

Forex gain/loss is included in local company taxes... not sure about individuals... IRB says any $ remitted is taxable unless it has been taxed locally prior

des why ppl if not scratching head is banging the wall...

you go work in SG... when retire got SGD 2m and CPF 2m... all SGD 4m is taxable when remitted

this my current understanding ah per the lawyer brief... he mentioned this case

So CPF is treated as "income" then. Noted.

you migrate to SG probably won't come back lah...

If already retired can slowly bring back sgd without tax mah...

by that time surely got new tax laws...

anyways this fsi not yet passed... dunno the fine prints...

Why not  SG is too small for retirement, in Malaysia you have beaches to swim, mountains to climb, various places to travel. Ya hopefully this tax won't exist anymore years later.

the rich ppl no need to bring money back ah... only the poor ppl have no choice, now made even poorer

this mof really heartless... simply blanket tax all remittance

those jump aeroplane ppl send money home to support family... suddenly old retired folks kena pay tax...

ppl already scared bring money in because BNM makes is difficult to sent money back out... now kena tax some more... haiz