Malaysia My Second Home (MM2H)

The Malaysia My Second Home (MM2H) is a program promoted by the Malaysia Tourism Authority and the Immigration Department of Malaysia, to allow foreigners to stay in Malaysia for a period of ten (10) years.

Eligibility

It is open to citizens of all countries recognised by Malaysia regardless of race, religion, gender or age. Applicants can bring their spouses and unmarried children below the age of 21 as dependents.

So far over 42,000 people have been approved for the MM2H visa (as at 2018 statistics).  http://www.mm2h.gov.my/index.php/en/home/programme/statistics 

FINANCIAL REQUIREMENTS

Applicants are expected to be financially capable of supporting themselves on this program in Malaysia.

Upon Application:

Applicants aged below 50 years
Required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 500,000.

Applicants aged 50 and above
Comply with the financial proof of RM350,000 in liquid assets and offshore income of RM10,000 per month.  For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 350,000. For government pensioners, they can show proof of receiving pension of at least RM 10,000 per month.

Upon Application:

Applicants aged below 50 years

Open a fixed deposit account of RM300,000.00.

After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this program.

Applicants aged 50 and above

Open a fixed deposit account of RM 150,000.00

After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this program.

MEDICAL REPORT

All applicants and their dependents are required to submit a medical report from any private hospital or registered clinic in Malaysia.

MEDICAL INSURANCE

Approved participants and their dependents must possess valid medical insurance coverage that is applicable in Malaysia from any insurance company.

However, exemptions may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition.

PERSONAL BOND

Applicants applying are required to fulfill the personal security bond. Please refer to personal bond rate per person by nationality, ranging from RM200 to RM2000.00.

Steps to Apply MM2H

Step 1:

Pre-submission

Step 2:

Submit Your Application

Step 3:

Conditional Approval Letter Issued

Step 4:

Arrival In Malaysia

Step 5:

Submit Remaining Documents

Step 6:

Collect Visa

Restriction

Participants are not allowed to work or be employed while staying in Malaysia. Persons wishing to obtain employment visas should apply directly to Immigration Department of Malaysia.

Participants should not participate in activities that can be considered sensitive to the local people and/or a threat to the security of the country.

Citizens of countries that are not recognised by Malaysia including Israel are not allowed to participate

Translation Documents

All documents can be presented in English. The required documents are listed on the English language government site.

Property Purchases

Each participant is permitted to purchase residential houses at a minimum price above MYR 1,000,000 (1M) each such as Kuala Lumpur and Penang that are pre-approved by the Foreign Investment Committee of Malaysia. In many other areas the minimum price or purchased property is lower.

Domestic helper

Each participant can apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia.

Education

MM2H participants are allowed to bring their children who are below 21 years old and not married as their dependents. Dependents who intend to continue their schooling in Malaysia are required to apply for a student pass. However, the participants are required to be responsible for all the living costs including study fees for their dependents while living in Malaysia.

Tax

Tax exemption is given to remittance of offshore pension fund into Malaysia. Foreign-source income is not taxable in Malaysia.

Contact us today by fill up the form below, we will contact and assist you to apply Malaysia MM2H Program.

Malaysia My Second Home (MM2H) Programme / 马来西亚我的第二家园(MM2H)计划

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