MALAYSIA SECOND HOME

Malaysia My Second Home (MM2H) Programme is promoted by the Government of Malaysia, in order to welcome foreign citizens from all over the world to live in Malaysia. Successful applicants will be granted a 10 year renewable multiple-entry social visit pass and are allowed to bring their spouse, unmarried children aged between 21 and 34, apply for a maid, and bring parents above the age of 60 as dependents.

CRITERIA FOR MM2H APPLICANTS:

Description Silver Gold Platinum
Fixed Deposit RM500,000 RM2 million RM5 million
Age Requirements The minimum age 30 The minimum age 30 The minimum age 30
MM2H Term 5 Years Renewable 15 Years Renewable Qualifying to submit an application for Permanent Residency (PR)
Upon Arrival 1) The silver tiew requires applicants to put a RM500,000 fixed deposit.

2) Maximum withdrawal of 50% allowed after one year to purchase property worth (minimum value of RM750,000 and above), for medical treatment, or for travel within Malaysia
1) The gold tier requires applicants to put a RM2,000,000 fixed deposit.

2) Maximum withdrawal of 50% allowed after one year to purchase property worth (minimum value of RM750,000 and above), for medical treatment, or for travel within Malaysia.
1) The platinum tier requires applicants to put a minimum RM5,000,000 fixed deposit.

2) After one year, a maximum withdrawal of 50% is allowed for property purchase (with a minimum value of RM1.5mil and above), healthcare and domestic travel within Malaysia.

Note:

  1. Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.
  2. Participants need to obtain approval from Ministry of Tourism before proceeding to withdraw the fixed deposit.
  3. Participants under this program may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this program. However, they must obtain prior approval from the Ministry of Tourism.

This amount may not be withdrawn until the participants decide to terminate their participation in MM2H program. New applicants have to observe the following conditions:

  1. The purchased residential property may be a fully completed unit or one under construction. For any property purchased, applicants aged below 50 and those aged 50 and above must produce copies of payments made to developers, amounting to a minimum of RM1,000,000. This amount does not include legal fees, transfer fees, commissions and any other related payments
  2. The property must cost a minimum of RM1 million OR Several properties totaling RM1 million and above can be accumulated for this exemption
  3. Properties must have been bought in the last 5 years only

Our role includes:

  1. To assist in the arrangements and submission of your application to the Malaysia My Second Home Centre (for new application).
  2. To assist in all the follow-up requirements.
  3. To ensure the approval of application is obtained within a reasonable time period.
  4. To liaise with local parties on behalf of the applicant.
  5. To be a one stop service provider, where all the needs of the applicant is attended to.

If you intend to work as a foreigner in Malaysia, we can also help you to apply for work permit. In short, you can obtain all of the assistance you require for setting up your business in Malaysia include Secretarial Service, Business Registration, Accounting Service, HR Outsourcing Solution and more.

Got any enquiries?

Enquire us now   

Beyond Corporate Group

Unit 1-17-1, Menara Bangkok Bank@ Berjaya Central Park,
No.105 Jalan Ampang,
50450 Kuala Lumpur

Tel: + 603-2181 8383
Fax: + 603-2181 0033

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