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Home arrow What is MM2H
What is MM2H

Malaysia My Second Home Programme (MM2H)

The Government of Malaysian  has designed ‘Malaysia My Second Home Program’ as an attractive settlement plan and welcomes people from countries all over the world, who meet certain criteria to live in Malaysia on as Social Visit Pass with a Multiple Entry Visa.

The Social Visit Pass is initially for a period of ten (10) years (depending on the validity of the applicants’ passport) and is renewable.

The Malaysia My Second Home Program is opened to citizens of countries regardless of race, religion, gender or age. This program allows applicants to bring with them their spouses and children who are unmarried and below the age of 18 years old.

Eligibility

The main criteria for application are as follows:

Financial Requirements

 Age below 50 years old
Place a fixed deposit account of RM300,000 (USD82,000) with any bank in Malaysia.

AND

Show proof of monthly off-shore income of RM10,000 (USD2,700) (e.g. payment slip, bank statement, income tax statement, etc)
After a period of one year, the participant can withdraw up to RM240,000 (USD65,000) for purchase of houses, medical expenses or children’s education.
 Age 50 years old and above
Can either choose to:

Place a fixed deposit account of RM150,000 (USD40,000) with any bank in Malaysia

OR

Show proof of monthly off-shore income of RM10,000 (USD2,700) (e.g. payment slip, income tax & bank statement, etc)
After a period of one year, the participant can withdraw up to RM90,000 (USD25,000) for purchase of houses, medical expenses or children’s education.

 

Applicants must maintain a minimum balance of RM60,000 in the fixed deposit account from the second year onwards and throughout their stay in Malaysia under this programme.

 Note: Successful applicants need to open their fixed deposit accounts in Ringgit Malaysia (RM).

 
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