In my previous post, as I mention that Paypal might be surprising Malaysia any time soon? Well.. I guess they haven’t yet. Apparently we’re not that lucky yet 
But for Indonesia, Philippines, Luxembourg , India & Slovakia. They are able to do so now. You can actually view them here.
So what’s the reason how come other countries are able to withdraw but not Malaysia yet? Well, basically that’s left to the government to decide. The reason being said so is probably they are worried that $$$ will be going out freely. Either that, there are only a minority group of people who are actually using paypal within the whole Malaysia. Well call it a conspiracy theory, whatever that is. Let us all hope that Paypal would indeed be able to help us withdraw to our local banks.
Speaking of which, this might indeed cause other chain reaction. As you know that suddenly if let say you’re an active seller and then money keep on pumping into your account. Yeah, for the first few times the bank wouldn’t mind. But what happened when suddenly you are able to pay for a BMW or a house.. Well, that’s when the Inland Revenue fella’s would call you up and suddenly tell you that they want to investigate you. After going through your bank account, and all that. You got slap with one huge saman. And probably they’ll ask you why didn’t you report your income, and then jeng, jeng, jeng. You end up hutang them and thus end of story.
Anyway, I went and opened up a tax file recently. But most likely I’ll post it up in a different post.. 
Since we can withdraw now to a visa card, at least it won’t be so bad or long before we can withdraw it to our local banks here.
