ah.... ok... browsed through the discussion... doesn't seem to indicate anything has changed since the extension granted as theedge article: https://theedgemalaysia.com/node/730798
(the discussion was in April onwards of 2025, this year).

So the extension by gov to 2036 remains valid... unless there are new announcement. (budget 2026 announcement already over rite?)

We only need to worry closer to 2036.

In theory and in real life, anything can happen. plus we are talking about a policy to be enforced in a decade's time. For all we know, the next gov will decide to change the rules again for whatever reason.

Yeah, same same here. I also don't have the intention to remit my overseas fund back to Malaysia... as I have no idea what to do with the funds afterwards in Malaysia. Local bursa holdings and EPF div basically covers my monthly spending budget.

I may occasionally remit like 10 to 30K rm back from overseas once in a blue moon as spare spending cash. I reckon such small amount will not trigger anything....

My understanding is that MY and SG have similar tax code wrt taxation on div from corporations registered in respective countries. SG still maintain 0% tax rate, while MY now have 2% for amt abv 100K.
So, it is considered not relevant to individuals.... yeah, there are some special requirements like corporations/partnerships... but that has nothing to do with most of us.

Well, 2036 is quite far away really.... that is a decade away. Can keep it in mind, but no need to overstress within next few years.
Just think back to 2015... how much is different now? even gov is diff... (and yet same same type of MPs... lol).
2015 EPF says those too much money can take out, now... ops... want to keep your cash in form of pension cashflow...

(there's another solution... can always pass the overseas fund to your kids directly there... no need to remit back... That's my other plan... have to pay for educations overseas, if they can make it)
edit: a friend jokingly suggested that I also go overseas again to get a PhD at same time at same uni... if nothing, just to spend down the funds... lol

This post has been edited by Wedchar2912: Nov 14 2025, 12:37 PM

wah... your third proposal only makes sense if one is dirty rich... in context of Malaysians here, be at least a hectomillionaire in ringgit. else, not cost effective...
or just gift the accumulated wealth to your decendants without remitting the funds back.

there is another method: throw the extra funds you have into EPF as epf div is tax free... (maybe not you, since you don't like EPF... lol)

Having said all this, the 2% tax for div abv 100K rm is a rounding error issue... I don't mind letting gov take that... cos buying gold itself also I kena bid-ask spread of like 5% min.

(me just thinking out loud here akin to brainstorming... so anyone reading, take this with a big pinch of salt... )

If the goal is simply to bring money back to Malaysia, isn’t this whole arrangement a bit too much hassle? If someone is already willing to spend long stretches overseas (like 6 months in Oz and NZ), then the easiest option is just spend overseas money overseas and avoid the remittance issue entirely.

Most low ringgit deca-millionaires don’t really have the scale to live that kind of lifestyle and still insist on remitting money back to Malaysia tax-free.
(10m 3% swr => 300K spending)

Plus, if already retired with no active income (so no rental as it counts as active income and is taxable), then anything remitted to Malaysia get taxed according to personal bracket. For example, remitting 100k might mean an average tax of around 6%... 30K to 40K would be fully tax free due to deductions.

May I ask if there is a particular reason why you wish to transfer your overseas holding (ie sgx shares) form a broker overseas back to a local broker?

cos transaction costs (buying or selling) in general is a lot cheaper overseas in SG or HK rite?

Curious... what dividends are those that you are refering to? div from partnerships or special trusts?
At the end, in spite of all the jugglings done, if one still has to pay tax on forex remitted back, then have to pay lor. That is 2036 onwards...

btw, a traveller can carry up to 10K usd in notes in and out of malaysia, without declaration. Legal and clean.

This post has been edited by Wedchar2912: Nov 15 2025, 05:32 PM

Honestly, worrying about the tax on remittances in 10 years time might not even be the most important thing to stress over.
If really want to use the brain cells productively, focus on the bigger swing that is actually usdmyr itself.

Take today’s rate... around 4.16.

Over 10 years, 3 out of many realistic/possible scenarios:
a) if usdmyr strengthens to 5.0
=> your usd stash gets a +20% fx boost before investment returns even enter the picture.
b) If usdmyr drops to 3.0
=> effectively lost ~28% in ringgit terms just by holding your funds overseas too long.
c) If usdmyr static
=> remit back just before 2036 lor...

Compared to these FX swings, the remittance tax issue is… honestly small potatoes.
FX alone can dwarf whatever tax the government eventually implements.

hence long-term USD/MYR direction might be the more meaningful thing to ponder, even though nobody ever got it right....

This post has been edited by Wedchar2912: Nov 20 2025, 12:21 PM

Regarding your statement (bolded), could I check where this idea came from? This is actually the first time I’m hearing it, so it’s possible I may have missed something during the COVID period.

Can share any articles or sources that describe this treatment, would appreciate it. This would be quite unusual for individual income tax treatment. (maybe companies or partnerships are common, so maybe it’s possible there...but for individuals it seems unlikely.)

It is equivalent to one owning money to lhdn for a few years and settle after such years...

even this date may not be cast in stone... even if it is cast in stone, someone can chisel away at the date... just saying...

are you refering to income sourced overseas and received in Malaysia, or the FSI where it is not remitted to Malaysia? for individual BE filing....

maybe can screenshot where in the be guide that clarifies what you claimed? this will definitely answer Hansel's question.

This post has been edited by Wedchar2912: Nov 21 2025, 02:24 PM

Thanks for the quotation and sos.

Looks like the diff is the BE vs B form, and lack of confirmation of whether the income is received in malaysia.

2036 and keeping 14 years of records. Good luck to LHDN.
Those with normal BE form filling can just ignore till closer to 2036... And let those with biz income spearhead the discovery with LHDN officers. Hah.

This post has been edited by Wedchar2912: Nov 21 2025, 05:03 PM

so you remitted the income back to Malaysia?

I'm still not entirely sure, even with the recent trends. For now, I prefer keeping a good portion of my funds overseas simply because the ocean is much bigger than our local "pond". Not looking down on Malaysia.... but it is just that the range of opportunities is objectively wider overseas.
(even some hot pot chain also ipo'ed in US rite?)

That said, luckily my monthly spending budget is largely covered by divs from what I still keep in Malaysia, so I have the flexibility to let the overseas side compound over time.

so strong.... epf overseas return will be slightly impacted...

haha... same same sentiment here....

if look at my portfolio in usd term vs myr term, myr return is like 10% worse off....
so better look at usd term. haha

Cheapo or poor? Haha.

Not even 10% change in value....

I am sure goods are still much cheaper at JB than in SG.