It is open to citizens of countries recognised by Malaysia, regardless of race, religion, gender or age. The programme allows applicants to bring with them their spouses, parents above the age of 60 and unmarried children below the age of 21 as dependants. Foreign spouses of Malaysians and expatriates who wish to retire in Malaysia after expiry of their Employment Passes are also eligible to apply to stay in Malaysia on this programme.
Applicants are allowed to bring their spouses, unmarried children below the age of 21 and parents above the age of 60 as dependants.
The Malaysia My Second Home programme grants visa holders a renewable, ten year, multiple entry social visa pass. The following sets out the terms and conditions and other benefits for visa holders.
Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.
Upon application: - Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month.
- Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month. For those who have retired, they are required to show proof of receiving pension from government approved funds of RM 10,000 per month.
- New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.
All applicants and their dependants are required to submit a medical report from any private hospital or registered clinic in Malaysia.
Approved participants and their dependants 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 medical insurance due to their age or medical condition.
Direct Application only
Applicants applying directly are required to fulfill the security bond condition. Please refer to Personal Bond for rate per person by nationality, ranging from RM200-RM2000.
Application Through Agent
Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Program.
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Successful applicants are required to comply with the following financial criteria upon receipt of the `conditional approval letter' from the Immigration Department of Malaysia.
Upon Approval : Aged Below 50 years old - 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 the second year onwards and throughout stay in Malaysia under this programme.
Approved participants who have purchased and own property which was bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM150,000 on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in the MM2H programme.
Upon Approval : Aged 50 years and above
- Can either choose to:
- Open a fixed deposit account of RM150,000.00 ; OR
- Show proof of government approved pension funds of RM10,000 - 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 programme.
Approved participants who have purchased and own property which was bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM100,000, on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in the MM2H programme.
Successful applicants are bound by the policies, systems and regulations of taxes of this country however their overseas income will not be taxed in Malaysia.
Approvals are given subject to security vetting clearance conducted by the Royal Malaysian Police.
Successful applicants are STRICTLY forbidden from the following:
- Being employed anywhere in Malaysia unless approved by the government.
- Participating in activities that can be considered as sensitive to the local people such as political or missionary activities.
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