Chua X has lived in Singapore all his life. After being retrenched in 2021, he worked as a ride-hire driver. In his late 50s, Chua paid off his 4-room flat two years ago. His girlfriend recently retired.
After reskilling, Mr. Chua now works in a hybrid office arrangement in Singapore, only needing to go into the office once a week. Curious about living in Johor, he approached EBS. After considering options, Chua chose to live in Iskandar Puteri near Singapore, where he can easily access Senai International Airport. He bought a luxurious 3-bedroom condo with full facilities for less than S$200,000, a mere 5% of Singapore prices. Living in Johor should be less stressful, and Chua now enjoys traveling around West Malaysia in search of hidden gems and local cuisine. The cost of living is significantly lower in Johor, with homes costing just 5% of Singapore’s prices, groceries and household items 40% or less, and services like massages being affordable.
The MM2H Silver Plan is the perfect solution for Chua, who rents out his Singapore flat for over MYR10,000 a month. Combined with his pay, he earns close to MYR25,000, ensuring a dignified life heading into the last five years of his working career.
Total Visa Expenditure: MYR750,000 investments + MYR40,000 fees.