Malaysia My Second Home Program
Advantages
- Low cost of living and high economic growth
- Quality education including international schools, private colleges and universities
- First class medical facilities with internationally recognised Hospitals and clinics
Advantages of MM2H
- Holder of the MM2H is allowed to purchase freehold orLeasehold residential property worth more than RM1,000,000 with the title deed under their name
- 10 year Social Visit Pass with Multiple Entry will be granted
- Stay as long as the applicant wished & the holder is entitled To leave Malaysia at anytime
- Multiple entry visa, renewalbe after 10 years
- May include spouse and 2 children in the application
- The program has no quota and will be issued if the requirements are met
Requirements
- Main applicant must have monthly income of RM10,000
- Proof of current assets of at least RM350,000 if the applicant is above 50 years old and at least RM500,000 if the applicant is below 50 years old
- Applicant is required to complete a medical check-up and purchase medical insurance
Investment Options
- Applicants <50 years old:
- Must make fixed deposit of RM300,000
- May withdraw RM150,000 after one year of Deposit for approved expenses
- Applicants >50 years old:
- Must make a fixed deposit of RM150,000
- May withdraw RM50,000 after one year of Deposit for approved expenses
Processs
- Step 1: Submit documents for application
- Complete Online Form
- Send passport photos page of each person
- Provide latest 3 months bank statements of or any other financial statements
- Step 2:Approval letter issued by Immigration Department
- Step 3: Arrival in Malaysia
- Step 4: Open a fixed deposit account with any bank of Malaysia and make the deposit
- Step 5: Purchase valid medical insurance in Malaysia
- Step 6: Obtain a Medical Report from a local doctor