What day?

just use your sg debit card lor... mastercard spot rate zero mark up... kaotim... dont need money changer

that time you already not Malaysian tax residence... why worry

it's your bank lah I think... not mastercard

Mastercard has that forex conversion website... the rates about same as spot forex rates... then you add in any bank markup to calc your final bill. ..

Mastercard earn from the merchant... I forgot liau how much like 1-2%... is the bank then slaughter you with markups...

last I checked it says available... but really not yet launch

https://wise.com/sg/travel-money/singapore-dollar-card

Got revolut also.

My money have never been brought back to Malaysia. It's a one way trip. Been always like that since I started.

The question is even if I don't intend to bring back the money will it be tax? If yes how much?

We only know once the bill is clear.

Unless you want to chase air miles then use bank card. If you use bank cards Vs fintech, you instantly lose like 3% but you gain like 20% provided you know how to play the miles game.

he using fuzzy logic with selective memory

Bro, I have never withdraw my money for I think 7-8 years already. All my salary all dump overseas.

How to retire?
Simple. Use epf and savings.

I planned to move to new Zealand,, Canada or Portugal or Finland or Netherlands.

My savings rate already 75%. If I need something just save up for it. Remember my overseas investment are now self reliant already thanks to options. I don't need to transfer money overseas anymore and still can continue to invest and grow my wealth and still get cash flow to fund my investment account. Another perks of not being a dividend Investor. If I cont to be dividend Investor, I need to wait 12 years for it to happen or don't know how many donkey years.

But I do see having to pay tax on that. Hence I am going to register myself and vote after all this while. Retirement is a long journey. Say another 10 years time, 10 years time govt tax may change (highly doubt it) or govt change can happen. No one expect BN to lose right?

I expect they are going to piss off lots of online seller with that tax. So anything can happen.

you can bs noobs lah... not veterans... lol

using visa and mastercard at pos/pss... where got connect to fpx?... totally different unconnected payment system... lol

The terms in Mandarin is not so accurate, but what they said is right : Msia practises the Territorial-based Taxation System and should not be taxing at source. At most, things shld be with reference to 'Remittance Base (RB)'. This RB method is not new, there are already models out there. Msia just needs to replicate that for this ctry.

If Msia starts to 'select' who gets what,... then becomes IRS ? Which ctry wants to implement Msia-styled W8-BEN ?     

Call it W8-MAT ???   

The stupid thing with the LHDN income declaration form is that even if you have non-taxable source of funds (capital gains or profit distribution), putting it into any column of income will incur taxes.

just give it a shot
u try login and see if have this