What’s deterring me from returning to Malaysia

Here’s another one for the ‘Australia or Malaysia?’ series.

This time, I’ll lay out the reasons that could potentially deter me from returning to Malaysia.

1. Spending Power

It is in my opinion that by staying in Australia, I have greater spending power than if I had gone back to Malaysia. Indeed, in certain areas, things are more expensive here in Australia (like rent, insurance, property prices), but generally, I dare say that you’ll be able to spend more in Australia.

Let’s assume that if I work in Australia, my starting pay is AUD4,000 and also assume that if I work in Malaysia, my starting pay is RM4,000 (which I think is hard to get anyway).

Now, let’s compare the prices of some ‘luxury’ goods (I’ll compare the prices of necessities in my future post). In this instance, we’ll look at a few items. Here they are.

– Toyota Yaris ($20,000 in Australia and $107,000 in Malaysia)
– Nikon D300 SLR Camera ($2260 in Australia and $4650 in Malaysia)
– Nikon 18-200mm Camera Lens ($1029 in Australia and $2685 in Malaysia)
– Nokia E71 ($575 in Australia and $1000++ in Malaysia)

Why am I comparing ‘luxury’ items? Well, once in a while, I will be purchasing these goods right? When that time comes, my spending power will be more in Australia.

2. My trading activities

I am highly involved in Contract-for-Differences (CFDs) trading here in Australia. In Malaysia however, CFDs are not available. If I want to be able to trade CFDs again, I need to open up an account in Singapore. I had a look at their website and the requirements to establish an account is in itself very stringent.

In other words, fair to say that if I return to Malaysia, I might have to start again from square one, trading wise. Definitely something I’m not looking forward to.

3. Slow internet connection

Australia’s internet connection is immensely quick. Compare that with Malaysia’s snail pace broadband connection. I think 100% of Malaysians studying in Australia will agree with me on this.

Here’s an example. To launch the charting software on my CFD platform, it took me a matter of seconds in Australia. In Malaysia on the other hand, I couldn’t load it at all. Using the world wide web now becomes a chore.

4. Property Investing seems to be easier here

As far as I know, the process of purchasing properties in Malaysia can be very slow. I’ve never bought a property before here in Australia but based on the stories that I’ve heard, the process seems to be much simpler here. Anyone who has any stories on this, do share yeah?

5. Traffic Jam

Malaysia and its traffic jams. I don’t think I have to elaborate on this.

6. Public Transportation

Malaysia and its public transportation system versus Australia’s public transportation system. I don’t think I have to elaborate on this either.

Alright, that’s all for now. Share your thoughts below.


Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.

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