QUOTE(privatequity @ Dec 30 2021, 11:02 AM)
Hi everyone,
Can I know what are the best ways for Chinese to buy fixed price funds on Amanah unit trust now? Thanks.
At least you are born in Sabah/Sarawak. You need to convert to bumiputera even though that you still a Chinese. I cannot explain much about this because this is illegal actually. The situation just similar like a rich Chinese person buy a Dato' medal. Only the Chinese from Sabah and Sarawak can use this trick to convert their identity to Sino-native. Your name is still maintaining Chinese name, of course I am a Christian actually.
Only the bumiputera in Sabah and Sarawak have Christians. As you can see for the Iban and Kadazan in Sabah and Sarawak here are half Christians half Islam.
After you get a letter that prove that your grandfather or father is Sino-native. Let's say Sino-Dusun. Of course, you are still a Chinese with Chinese name. There have many Sabahan here can be found as Chinese name but they just speak Malays but don't speak Chinese. That kind of Chinese are considered as Sino-native. They are not a pure Chinese because their father get married with a Sabah bumiputera. Their mother is bumiputera but father is Chinese.
So if you can prove that your birth letter is Sino-Dusun/Sino-Kadazan/Sino-Iban, so you can proceed to go to JPN to change your IC the race category to bumiputera.
With this bumiputera IC, you can now apply ASB directly from the nearest ASNB branch. Everything are fast and smooth. No need to wait so long, just few minutes then done.
This post has been edited by junclj: Dec 31 2021, 08:55 AM