CAR PURCHASE
As an MM2H holder, you can buy a car to commute in Malaysia. Petrol and car maintenance are relatively cheap in Malaysia. Moreover, securing a car loan is straight forward – all you have to do is to fork up a maximum of 30% of the purchase price up front and the rest can be financed by a hire purchase loan.
As for a driver’s license, you can attend any driving school in Malaysia and sit for a driver’s exam to obtain a domestic driver’s license. This is applicable even if you had a driver’s license previously because foreigners are not allowed to convert their license unless they have diplomat pass or own a Singaporean driving license.
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