The Malaysia My Second Home (MM2H) program offers foreigners the opportunity to reside in Malaysia on a long-term basis. Applications must be submitted through an authorized agent appointed by the Malaysian government. For detailed guidance, interested applicants can contact Move (MM2H) Sdn Bhd, an example of an authorized agent.
Duration: Renewable 5, 10, or 15-year Multiple Entry Social Visit Pass, depending on the tier level chosen.
Eligibility: Open to foreigners meeting specific criteria, regardless of nationality, race, religion, or gender.
Dependents: Participants can include their spouse, unmarried children under 34, and parents with no age limit.
Emphasizing Property Purchase as the Key Requirement
The primary requirement of the MM2H program is the purchase of a qualifying residential property in Malaysia. This not only stimulates the local property market but also encourages participants to establish roots in Malaysian society.
Property Purchase Requirements
Mandatory Property Purchase: All applicants must purchase residential
property in Malaysia as a key condition of the program.
Minimum Property Value:
Standard Minimum Price: A minimum property purchase price of RM600,000,
regardless of the state.
State-Specific Requirements: While the standard minimum is RM600,000,
applicants should be aware that individual states may have additional
requirements or higher minimum thresholds. For example, in Kuala Lumpur
the minimum purchase price is RM1000,000. It's essential to verify with
state authorities or consult with an authorized MM2H agent.
Fixed Deposit Requirement
In addition to the property purchase, applicants are required to place a fixed deposit in a Malaysian bank. This deposit demonstrates financial security and commitment to the country.
Fixed Deposit Details
Amount Varies by Tier:
Silver Tier: Fixed deposit of US$150,000.
Gold Tier: Fixed deposit of US$500,000.
Platinum Tier: Fixed deposit of US$1 million.
Special Economic Zone / Special Financial Zone: Fixed
deposit requirements may vary; consult with an authorized agent for
precise amounts.
Withdrawal for Approved Expenses:
After one year, participants may withdraw a portion of the fixed deposit
for approved expenses such as:
Education: Tuition fees for children in Malaysia.
Healthcare: Medical expenses within Malaysia.
Maintenance Requirement:
Must maintain the remaining balance throughout their stay under the
MM2H program.
Additional Requirements
Stay Requirement:
Participants must reside in Malaysia for at least
90 days per year. Main applicant and one other
participant can combine their cumulative stays to qualify.
Health and Medical Insurance:
Medical Examination:
Undergo a medical check-up at a Malaysian healthcare facility.
Insurance:
Obtain medical insurance from a Malaysian insurance provider.
Security Vetting:
Provide a Letter of Good Conduct from their country of
origin.
Undergo screening by the Royal Malaysia Police.
Application Process
Engage an Authorized Agent:
Applications must be submitted through an authorized MM2H agent.
Example: Move (MM2H) Sdn Bhd (movemm2h.com)
Prepare Necessary Documents:
Personal Documents: Valid passport copies, recent
photographs, Letter of Good Conduct.
Financial Documents: Proof of property purchase (e.g.,
Sale and Purchase Agreement), proof of fixed deposit placement.
Medical Report: Medical examination results from a
Malaysian healthcare facility.
Submission and Processing:
The agent assists with submitting the application and liaising with
government departments.
Processing time is approximately 90 working days from
receipt of a complete application.
Conditional Approval:
Issued by the Immigration Department upon meeting initial criteria.
Fulfill Post-Approval Requirements:
Property Purchase: Finalize the purchase of the
qualifying residential property.
Fixed Deposit: Place the required fixed deposit in a
Malaysian bank.
Medical Insurance and Examination: Obtain medical
insurance and complete a medical check-up.
Receive Social Visit Pass:
The agent assists in obtaining the MM2H pass endorsement in your
passport.
MM2H Summary Table
Source: Immigration Department of Malaysia - MM2H, Malaysian Ministry Of Tourism and Culture (MOTAC)-MM2H
Daniel Thong
Author
Daniel serves as a director at Move (MM2H) and contributes as a freelance writer. He is passionate about Malaysia, environmental sustainability, and his country's residency programs. His extensive knowledge of Southeast Asian affairs offers valuable perspectives on the region's geopolitical landscape and potential growth areas.
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