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Click the Photos for the MM2H Brochure from
Ministry of Tourism
Facts on Malaysia My Second Home
THE Malaysian Government welcomes foreign nationals (except
citizens of Israel, Yugoslavia, Serbia and Montenegro) to stay
in Malaysia on a long term Social Visit Pass under the “MALAYSIA
– MY SECOND HOME” programme. The duration of stay is for a
period of 10 years with a Multiple Entry Visa. This programme
allows foreigners to purchase up to two units of residential
premises costing more than RM150,000 (approximately US$42,000)
each. However, it does not entitle participants of the programme
to permanent resident status.
Eligibility
This programme is open to all categories of citizens with no age
limit, and they are allowed to bring along their dependants -
that is, wife and children (below 18 years of age) and also one
maid.
Financial requirements:
A. Applicants
below 50 years of age (single or married)
RM300,000 fixed deposit at any bank in Malaysia
After one year: Withdrawal allowed of up to RM240,000 for
(i) purchase of a house in Malaysia;
(ii) education of children in Malaysia; or
(iii) medical expenses in Malaysia
B. Applicants above 50 years of
age (single or married)
EITHER RM150,000 fixed deposit at any bank in Malaysia OR
furnish proof of monthly offshore income of RM10,000 or from an
approved / recognised institution in their country of origin,
such as a pension scheme.
After one year: Withdrawal allowed of up to RM90,000 for
(i) purchase of a house in Malaysia;
(ii) education of children in Malaysia; or
(iii) medical expenses in Malaysia.
In both A) and B), a minimum balance of RM60,000 must
be maintained in the fixed deposit for the duration of stay
under the programme from the second year.
Note: A Multiple Entry Visa is given together with
a Visit Pass (Social) of 10 years for successful applicants.
Applications
Applicants below 50 years of age must submit their applications
to the Headquarters of the Malaysian Immigration Department
only.
Applicants above 50 years of age may submit their
applications in or outside Malaysia.
Submission of applications
An application may be submitted while the applicant is in the
country provided that the applicant is in the possession of a
valid pass.
Applications may also be made at the following places:
Details
Maximum no. of residential units: Two
All categories of residential units are allowed except for:
- Low-cost and medium low-cost units as determined by the
state authorities
- All properties built on Malay reserve land
- Units reserved for Bumiputra quota
- Agricultural land developed on the basis of the
homestead concept
Each state authority has the discretion to consider the
acquisition based on location, number of units in any single
project development and the type of property.
Generally the minimum purchase price of residential units in
Malaysia is as follows:
- RM350,000 and above each for certain areas in Sarawak.
- RM250,000 and above each for the states of Johor, Penang
and Malacca
- RM150,000 and above for other states
Restrictions
Successful applicants are STRICTLY forbidden to:
- Be employed anywhere in Malaysia unless approved by the
Government;
- Participate in activities that could be considered
sensitive to the local people such as political or
missionary activities
Fees
The Social Visit Pass fee under the Malaysia My Second Home
Programme is RM90 per year.
For more information,
CONTACT US FOR MORE DETAILS
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