Comments by "tinglestingles" (@tinglestingles) on "Nomad Capitalist"
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Visited Malaysia many times - KL, Penang, Langkawi & Kuantan. Thoughts... we prefer Penang. We both like the old British colonial architecture (yep I said colonial!!), excellent health facilities, great food, excellent infrastructure, English well-spoken, very cheap but high-quality accommodation but best of all the people are truly the nicest, friendliest and most helpful! We have enjoyed many great evenings in Georgetown eating local foods Chinese, Malay, and Indian with some not so cheap beer! Langkawi was nice but too quiet for us - VERY honest taxi drivers!! Local people always 'looking out for our welfare'. Kuantan - a bit quiet again and more Muslim traditions I felt... nice stay at the Hyatt on the beach. KL - very hot, bustling, big international malls, very interesting little India and Chinatown, super food for all tastes and pockets. Perfect international connections. No country is ever perfect but Malaysia comes very close for us. We also are very aware of MM2H and its tax policies on overseas foreign earned income and UK pensions. Currently, waiting for the borders to be swung open and to allow us to visit and to set our longterm wheels in motion! For us in the UK it feels very much like an easy move. I think the Malaysian Government and Health Authorities seem to have handled the current global emergency extremely well especially compared to the UK. We never felt unsafe no matter what time, day or night.
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Crypto Hunter Inflation over 25%, income taxation up to 90% for high income earners, the power strikes/food shortages, offices and factories working 3 day weeks, worker's industrial strikes - miners, dock workers, gravediggers, carmakers, health workers, household rubbish collectors, soliders had to act as firefighters due to strikes too etc etc. Petrol / oil shortages - rationing in some areas. TV channels stopped at 10pm everynight. Trade unions and general political unrest. The situation swept Margaret Thatcher into power.
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I would use the territorial tax arrangements and live long-term in Malaysia - when MM2H restarts. Reasons... nice, friendly people generally, English is widely spoken, wonderful food, a good level of infrastructure (roads, internet, malls, etc.), international hub - KL, some nice beaches, good value for money, interesting architecture, Georgetown Penang UNESCO world heritage site, Borneo forests, and nature. Alcohol is heavily taxed but I'm not a heavy drinker...often! NB: They seem to like polite British people - which greatly adds to our decision.
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Worst: London (too busy, too expensive, too many tourists), Paris (not friendly, too much traffic, overrated) and Edinburgh (too many tourists, too cold in the winter). Best: Lisbon - close to the beach, warm, friendly/fun, Ljubiania - good food, great countryside, friendly people, and little Valetta - our honeymoon destination, easy to walk around/ a lot of history and they like British people!!
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@iamgreat1234 57,000 MM2H holders in the last 20 years - out of 32,000,000 population - less than 0.2% in total - wealthy foreigners who buy goods and services - cars, real estate, children's education, medical services, cooks, maids, gardeners, taxi services, restaurants, coffee shops, travel services, groceries, furniture the list goes on... I'm proud to know many Malaysians and think all are wonderful people - it is a pity this policy will be law soon.
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@trendtradertrender4328 Yes, suggesting an average lifespan of about 250 years for empires is feasible and has been proposed by some historians, although it's a broad generalization. This figure can serve as a rough median, capturing the duration across various historical contexts. The notion of a 250-year average often comes from examining a wide range of empires with different geographical scopes, technological levels, and governance models.
For instance, some empires like the Neo-Assyrian Empire or certain Chinese dynasties lasted around that duration before experiencing significant transformation or collapse. Others, like the Roman and Ottoman Empires, significantly exceeded this average, while shorter-lived empires, like the Mongol Empire in its most unified form, fell below it.
However, it's essential to note that such an average doesn't account for the complexity and variability of historical conditions. Empires didn't follow a uniform lifecycle and were affected by a multitude of internal and external factors that could drastically extend or shorten their existence. The 250-year figure, while useful as a statistical snapshot, should be considered with these nuances in mind.
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