MM2H
The Malaysia My Second Home (MM2H) Programme is a long-term social visit pass designed for foreigners who wish to retire, work remotely, or simply enjoy a relaxed lifestyle in Malaysia. Here are the key terms and regulations for new participants, as of July 22, 2024:
Eligibility Criteria
Age: Applicants must be at least 25 years old.
Income:
Below 50 years old: Monthly offshore income of RM40,000 or more.
50 years old and above: Monthly offshore income of RM10,000 or more.
Financial Requirements:
Below 50 years old:
Minimum liquid assets of RM1,500,000.
Fixed deposit of RM1,000,000 in a Malaysian bank.
50 years old and above:
Minimum liquid assets of RM1,500,000.
Fixed deposit of RM150,000 in a Malaysian bank.
Visa Duration
The initial social visit pass is valid for 10 years.
It can be renewed for another 10 years.
Residence Requirements
Participants must spend a minimum of 90 days in Malaysia each year.
This requirement can be fulfilled by either the principal applicant or their dependents.
Property Purchase
Participants are required to purchase a property in Malaysia worth at least:
RM600,000 for those below 50 years old.
RM1,000,000 for those 50 years old and above.
The property cannot be sold for 10 years. However, it can be upgraded to a higher-value property.
Other Requirements
Valid passport with at least 18 months validity remaining.
Medical insurance for those below 60 years old.
Good health certificate.
Police clearance certificate.
Additional Information
The MM2H program is subject to changes and updates. It's recommended to check the official website of the Malaysian Immigration Department for the latest information.
The processing time for MM2H applications can vary.
There are additional fees and charges associated with the program, such as processing fees, visa fees, and medical examination fees.
The Malaysia My Second Home (MM2H) program was first introduced in 2002 to draw expatriates to retire or live in Malaysia for an extended period, in sync with the 'Cuti-cuti Malaysia' concept.
MM2H is a long-term visa scheme that allows foreigners to reside in Malaysia for up to 15 years with multiple renewals possible. It's popular among retirees and anyone seeking a tropical lifestyle in Southeast Asia.
Gold category holders will have a 15-year Multiple Entry Visa (MEV), while Silver category holders have a 5-year MEV, with an option to renew.
Those in the Platinum category can also earn Permanent Resident status after obtaining their MM2H pass.
Here's a quick overview of MM2H:
What It Is
A 10-year multiple-entry visa with renewal options.
No requirement to work in Malaysia.
Offers various benefits like travel within ASEAN countries, investment and business opportunities.
MM2H Application General Information
(for all categories)
Age Eligibility | Age 30 and above |
Application Method | Only through authorized MM2H agents licensed with MOTAC under the Tourism Industry Act |
Dependencies |
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Application Category
PLATINUM
Financial Terms |
|
Minimum Length of Stay |
|
MM2H |
|
GOLD
Financial Terms |
|
Minimum Length of Stay |
|
MM2H |
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SILVER
Financial Terms |
|
Minimum Length of Stay |
|
MM2H |
|
Participants aged 30 to 49 can fulfil residency requirements either individually or collectively with their spouse or dependents.
MM2H Application Procedures
Here's a breakdown of the general MM2H application procedures, as of January 2024:
1. Initial Enquiry:
Visit the MM2H portal or contact an authorized agent for initial guidance.
Submit a formal enquiry through the agent.
2. Document Preparation:
Gather and prepare required documents:
Application forms (available on the portal)
Passport copies
Proof of income
Bank statements
Medical reports
Police clearance certificates
Other supporting documents as needed
3. Submission of Application:
Submit complete application package to the Immigration Department through the agent.
4. Assessment and Approval:
Immigration Department reviews application for eligibility.
If approved, you'll receive a Conditional Approval Letter (CAL).
5. Entry to Malaysia:
Travel to Malaysia within 6 months of receiving CAL.
6. Fulfillment of Conditions:
Undergo medical check-up in Malaysia.
Open a fixed deposit account in a Malaysian bank.
Purchase medical insurance from a Malaysian provider.
Submit these documents to the Immigration Department.
7. Visa Stamping:
If all conditions met, the MM2H visa will be stamped in your passport.
Approximate Timeline
The process typically takes 6-9 months from submission to visa stamping. The processing time may vary depending on individual circumstances and application volume.
Application Fee
The application fee is currently RM500 for principal applicant and RM250 for each dependent.
Where to Find More Information
Malaysia My Second Home (MM2H) Programme: https://www.motac.gov.my/en/services/license-application/travel-agency/send/144-mm2h/784-terms-and-regulations-for-new-participants-under-the-malaysia-my-second-home-mm2h
Immigration Department of Malaysia: https://www.imi.gov.my/index.php/en/main-services/malaysia-my-second-home-mmh2-en/
MM2H portal with detailed information and application procedures
Requirements and procedures may change, so always refer to the official MM2H portal or consult with an authorized agent for the latest information.
Consult with an immigration agent or specialist for guidance on specific eligibility and application details.
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