It further allows approved applicants to purchase residential properties only exceeding RM500,000.00. per unit in most States, subject to obtaining State Consent.

TERMS AND CONDITIONS

Eligibility

• The program is open to foreign citizens of countries recognized by Malaysia who fulfill certain criteria regardless of race, religion, gender or age. Approved applicants can stay in Malaysia on a long stay Social Visit Pass with a multiple entry visa valid for 10 years, which is renewable. They are allowed to bring along their dependants and one maid. Overseas income is free of tax and applicants can bring all their household effects and one car duty free into Malaysia. Alternatively new visa holders may acquire a car in Malaysia free of any duty. Advance approval is however required to take advantage of the tax free car benefit. (Dependants, include unmarried children aged 21 years and below, step-children, disabled children and parents above the age of 60.)
• Foreign spouses of Malaysian nationals are eligible to apply for MM2H, subject to the terms and conditions of the MM2H Programme. Alternatively, they have the option to apply for the Spouse Programme

 

Finance/Income

The following conditions came into effect on April 1st 2006, and are dependent on the age of the applicant. If a married couple apply, the older person's age decides the appropriate criteria.

It should be noted that applicants who choose the fixed deposit option have to place it when their visa application is approved. At that time, they will receive a "conditional approval" letter by the Immigration Department. They have to bring this letter together with evidence of having placed the fixed deposit to the Immigration Department, who will then issue them with the visa which will be stamped in their passport.

i) Applicants aged below 50 years old

• Must open a fixed deposit account of RM300,000
• Can withdraw RM150,000 after the deposit has been placed for one year.
• Must maintain a minimum balance of RM150,000 from the second year onwards and throughout the stay in Malaysia under this program.

ii) Applicants aged 50 years and above

Can choose to:

• Open a fixed deposit account of RM150,000; or
• Show proof of Government Pension Fund of RM10,000 per month 
• If they choose the fixed deposit option, they can withdraw up to RM50,000 after the deposit has been placed for one year.
• Participants must maintain a minimum balance of RM100,000 throughout their stay in Malaysia under this program.

Note: Successful applicants are only allowed to open their fixed deposits in Ringgit Malaysia (RM) and the same must be maintained throughout their stay in Malaysia.

 

Medical Report/Insurance Coverage

Applicants are required to have a medical report from a private hospital or registered clinic in Malaysia, including medical insurance coverage throughout their stay in Malaysia.

 

Education

Applicants are allowed to bring along their dependants (children) who are either not schooling or are schooling in primary, secondary or in any Institution of Higher Learning. Dependants who are schooling are however required to apply for a Student Pass to continue their education in schools or Institutions of Higher Learning recognised by the Government.

 

Taxes

Successful applicants are bound by the policies, systems and regulations of taxes of Malaysia, however their overseas income will not be taxable.

 

Security Vetting

Approvals are given subject to security vetting clearance conducted by the Royal Malaysian Police.

 

Work Restrictions

Successful applicants are STRICTLY forbidden to work with the exception of the following:

• Participants aged 50 years and above with specialized skills and expertise that are required in the critical sectors of the economy, are allowed to work not more than 20 hours per week. Subject to approval by the MM2H Special Committee.
• Participants are allowed to invest and actively participate in business, subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors.

APPLICATION PROCEDURES

Direct/MM2H Agent

Application for this program may be made directly to the Ministry of Tourism or through approved MM2H agents registered with the Ministry of Tourism. A list of these agents may be obtained from the Ministry's website at www.motour.gov.my

 

The Application

Applications can be submitted while the applicant is either in Malaysia or overseas. If the submission is made before arrival, conditional approval will be given before the medical insurance and the fixed deposits are placed. Visas for successful applicants will be issued in Malaysia together with a Social Visit Pass. Applicants may submit their applications by providing the following documents:

• Letter of Application
• 2 copies of IM.12-Social Visit Application Forms
• 2 passport sized photographs of applicant and spouse (if accompanied by spouse)
• Certified true copies of all pages of passport travel document of the applicant and spouse (if relevant)
• Certified true copy of Marriage Certificate (if accompanied by spouse)
• Certified true copy of children’s birth certificate (if relevant)
• Resume outlining your employment for the last ten years
• Evidence of Fixed Deposit placement (if applying under this criteria)
• Copy of Malaysian medical insurance
• Copy of medical report

 

Notes:

The covering letter of application should state the names of all people who are applying with you, how you will support yourself in Malaysia, and which financial criteria you wish to use.

Once the application is approved, you will be issued a conditional approval letter which can be presented to any bank in Malaysia to open an account.

Evidence of Fixed Deposit, medical coverage and the medical report can be submitted after you have received the conditional approval letter when you go to collect the visa

Where certified true copies of documents are requested they must be countersigned by either a Justice of the Peace, Commissioner of Oaths, Solicitor or Notary Public.

 

Approval

Under normal circumstances applications which fulfill the required criteria will be processed and approved within 30 working days (about six weeks) after submission of the application.

 

Fee Rate

A payment of RM90.00 per year is charged for the issuance of a Social Visit Pass under the "Malaysia-My Second Home" Program. The visa fee is chargeable according to the existing rate applicable to each country. The fee for a ten year visa is therefore RM900 although if the applicant’s passport has less than ten years to run, the visa will only be valid until the passport expiry date and the fee charged accordingly. Other visa charges may apply for certain nationals, but should not amount to more than RM600 per person.

 

Application For Extension

The following documents must be submitted when applying for the extension under this program. The same is also required when applying for the balance of the first ten year visa application when it is issued for less than 10 years, as the remaining passport validity was less than ten years:

• Form IMM.55
• Form IMM.38
• Latest certified Financial Statement from the local bank or Financial Institution.
• Original Passport/Travel Document of applicant.

 

Categories Not Eligible To Apply Under This Program

1. Holders of Expatriate Pass (Work Permit) and their dependants, unless they plan to give up their work permit.
2. Holders of a Student Pass.

 Contacts :