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MM2H
Malaysia My Second Home Programme
Malaysia My Second Home (MM2H) Programme is an initiative by the Government of Malaysia to encourage citizens of other countries to enjoy a long term stay in Malaysia. Participants are granted with a ten (10) years Social Visit Pass and Multiple Entry to facilitate their stay in Malaysia. It is Renewable every ten (10) years.
Eligibility
The Programme is open to all foreign citizen recognized by Malaysia regardless of age, gender and religion whom met certain criteria to stay and live in Malaysia with their family. Each applicant can bring along their spouse or spouses for Muslim, children of below 21 years old and not married and also immediate parents of the applicant.
Prior to the application, the applicant must be able to show proof of the following:-
Age below 50 years old:
Applicant must be able to show proof liquid assets of RM500, 000 and monthly income of RM10, 000 per month in equivalent after the conversion of rates from anywhere in the world.
Age above 50 years old:
Applicant must be able to show proof liquid assets of RM 350,000 and monthly income of RM10,000 per month in equivalent after the conversion of rates from anywhere in the world.
Why Malaysia
  • Political and economic stability that ultimately contribute to a success and relatively safe environment to stay.
  • Comparatively low cost of living and high standard of living that stretches against their revenue or income from overseas
  • A developed infrastructure and communications system with modern and basic amenities offers a competitive and healthy environment for staying.
  • Tropical weather throughout the year’s offers and ideal place for living.
  • Modern healthcare facilities and international schools cater the needs of foreign citizen’s children.
  • Allows them to own residential properties whether freehold or leasehold in accordance with the state guidelines.
  • English and several other Asian languages are widely spoken.
  • Investment friendly environment
Why MM2H-Incentives Offered
Entry into Malaysia
Provides an easy access into Malaysia subject to validity of Social Visit Pass, Multiple Entry Visa and validity of passport
Car Tax Waiver
Each participant is allowed to bring in one personal car owned before joining MM2H programme or purchase a locally assembled vehicle. Both tax waiver need to be obtained from Ministry of Finance.
Tax-Free Income from Abroad
All income and revenue remitted into Malaysia are exempted from tax.
Domestic Helper
Each applicant is allowed to apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia.
Education
Participant’s children that intend to continue their schooling in Malaysia will be given a Student Pass.
Investment
Participant is allowed to participate actively in Malaysian business subject to the government regulations on setting up business in Malaysia.
Requirements
Only upon approval and receiving Condition Letter of Approval, applicants are required to fulfill the Financial and Medical Requirements.
Financial Requirement
Aged below 50 years
Open a fixed deposit of RM300, 000 in any financial institution in Malaysia. After a period of one year, participant may apply to withdraw a sum of RM150, 000 for approved expenses relating to purchase of house, children’s education in Malaysia and medical expenses.
Aged above 50 years
Open a fixed deposit of RM150, 000 in any financial institution in Malaysia. After a period of one year, participant may apply to withdraw a sum of RM50, 000 for approved expenses as above. A minimum of Rm100, 000 need to be maintaining throughout the programme.

For those who are receiving approved funds as government pension fund which equivalent to RM10, 000 per month can be considered as proof of monthly off-shore income by providing relevant supporting documents.
Medical Insurance
Approved participants and their dependents must possess a valid medical insurance coverage from any insurance company that is applicable in Malaysia.
Medical Report
Approved participants and their dependents are required to submit a medical report from any private hospital or registered clinic in Malaysia.
 
How to Apply
Applicant may want to seek assistance through MM2H agents licensed by the Ministry of Tourism Malaysia

 

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