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Malaysia MM2H Program

Malaysia My Second Home (MM2H) is a long-term visa program designed to allow foreigners to live in Malaysia. It offers various benefits, including the ability to bring family members, educational opportunities for children, and tax exemptions on offshore income. The program has different tiers (Platinum, Gold, Silver, and Special Economic Zone) with varying requirements for fixed deposits and property investments, impacting visa duration and permitted activities.

Malaysia MM2H Program Benefits

Residency and Family Inclusion

Dependents (Younger than 35 years old) include:

  • Spouse
  • Parents
  • Parents-in-laws
  • Children
  • Stepchildren
  • Adopted children

Travel and Quality of Life

  • Ability to bring maid (platinum only)
  • Education for children only

Ease of Access

  • Minimum stay of 90 days cumulatively in Malaysia (within one year)
  • No requirement of proof of offshore income
  • Tax exemption to all categories for funds from offshore
  • Possibility of change of principal in the event of the principal passed away
  • MM2H Renewable every five years
  • Property lock-in period of 10-years with option to upgrade to higher-priced property. Property can be sold if the MM2H visa is cancelled
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Malaysia MM2H requirements

  • Scanned copy of passport
  • Updated resume/CV
  • Original & latest police certificate
  • Proof of kinship (birth certificate, marriage certificate etc.)
  • Foreigners from countries that has diplomatic relationship with Malaysia
  • Age 25 yrs old and above (3-tier MM2H) and age 21 yrs old and above (MM2H in SEZ)
  • Medical/health insurance required
  • Medical check-up is required after approval
  • Purchase of properties after approval of MM2H application

Malaysia Investment Visa Options

Silver Tier

  • Fixed deposit of USD 150,000 and above
  • Purchase of properties in Malaysia valued of RM 600,000 and above
  • Maximum 50% of Fixed Deposit Withdrawal
  • 5 years renewable MM2H visa
  • Business, investment or employment activities are NOT allowed

Gold Tier

  • Fixed deposit of USD 500,000 and above
  • Purchase of properties in Malaysia valued of RM one million and above
  • Maximum 50% of Fixed Deposit Withdrawal
  • 15 years renewable MM2H visa
  • Business, investment or employment activities are allowed

Platinum Tier

  • Fixed deposit of USD 1 million and above
  • Purchase of properties in Malaysia valued of RM two million and above
  • Maximum 50% of Fixed Deposit Withdrawal
  • 20 years renewable MM2H visa
  • Business, investment or employment activities are allowed

Special Economic Zone

  • Fixed deposit of minimum USD 32,000 or USD 65,000
  • Purchase of properties: minimum price is subject to the state authority
  • Maximum 50% of Fixed Deposit Withdrawal
  • 10 years renewable MM2H visa
  • Business, investment or employment activities are NOT allowed

Malaysia MM2H Process

Processing time 2-3 Months

Due Diligence And Application

The Eligibility Check process requires applicants to meet specific age, financial, health, and criminal background requirements.

Approval And Investment

The applicant will then prepare the necessary documents and submit their application.

Residency

The Processing & Approval stage involves applicants visiting Malaysia to complete any remaining requirements, after which the MM2H visa will be issued.

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Frequently Asked Questions

What is the Malaysia MM2H Visa Program?

The MM2H program, provides foreigners with a renewable 10-year multiple-entry visa. This initiative aims to boost Malaysia’s economy by attracting foreign investment and skilled individuals while offering participants an opportunity to experience Malaysia’s rich culture and high quality of life.

Who can apply for the MM2H program?

Foreigners aged 25 and above (21 for Special Economic Zone) from countries with diplomatic relations with Malaysia are eligible to apply for the MM2H.

Can I bring my family under the MM2H program?

Yes, you can include your spouse, children under 35, parents, and parents-in-law as dependents.

Is there a minimum stay requirement for MM2H visa holders?

Yes, MM2H participants must stay in Malaysia for a cumulative 90 days per year.

Can I work or run a business with an MM2H visa?

Gold and Platinum tier holders are allowed to engage in business and employment activities.

Are there tax benefits for MM2H participants?

Yes, MM2H holders enjoy tax exemptions on funds remitted from offshore sources.

How long is the MM2H visa valid?

The visa validity ranges from 5 to 20 years, depending on the tier, and is renewable.

Can I purchase property in Malaysia as an MM2H participant?

Yes, MM2H holders can purchase properties subject to minimum value requirements.

Is medical insurance required for MM2H applicants?

Yes, medical insurance is mandatory for all MM2H participants.

How long does the MM2H application process take?

The processing time is typically 2-3 months.

Is the Malaysia MM2H visa worth it ?

The Malaysia My Second Home program offers a unique opportunity for foreigners to experience long-term residency in Malaysia. With its attractive benefits and tiered system, MM2H caters to various financial capacities and lifestyle preferences, making it an appealing choice for those seeking a second home in Southeast Asia.