As for being expat, I hope the Msia govt won't implement the new MM2H policy. It's kinda sucks.
That requirement better retire in 1st world country - why need to retire in Malaysia?

If you're a retiree and only have passive income, usually it isn't taxed (or not much) at the source but if they
keep having those requirements, it's like going back to work.

And on top of that.. that's could be an income they (the govt) want to tax as per the new budget proposals
'coz the retirees have to bring it in as requirement for staying on that visa.