MM2H Fixed Deposit (FD) of USD 150,000 ( or in equivalent MYR ) in any Malaysian financial institution licensed under the Financial Services Act 2013 [Act 758] or Islamic Financial Services Act 2013 [Act 759].
Maximum withdrawal of 50% is allowed on the principal FD value after the approval as MM2H participant has been obtained for the purposes of purchasing a residence, education, medical and tourism activities in Malaysia.
2.0 PARTICPATING FEE (ONE-OFF)
A participating fee of RM 1,000 for every principal application (one-off).
No participating fees for dependents.
3.0 PURCHASE OF RESIDENCE
Compulsory to purchase and own a residence after obtaining the approval as MM2H participant.
Value of the purchased residence should be RM 600,000 or above OR as per local authority for foreigners.
Selling of the residence is not allowed for 10 years. However, the house can be upgraded (buying of a new residence) to a residence of higher value from the current property.
Failure to comply to any of the terms will result in the MM2H pass to be revoked.
4.0 MINIMUM LENGTH OF STAY
Principal to be present / staying in Malaysia for 90 days (cumulative) in one year.
For participants between the age of 25 to 49 years old, the length of stay in Malaysia can be fulfilled by the principal and/or their dependents.
5.0 DEPENDENTS
Participant is allowed to bring dependents as follows:
spouse (wife/ husband);
biological children/ stepchildren/ adopted children below the age of 21 while those between the age of 21 to 34, must be unemployed and single while in Malaysia;
medically certified children with disabilities (no age limit); and
parents and/ or parents in law.
6.0 MM2H PASS
MM2H pass for a period of 5 years with Multiple Entry Visa (MEV)
Renewable
The validity of the pass will depend on the validity of the participant's passport.
If the validity of the participant’s passport expires before the end of the MM2H pass, the participant is required to renew the pass.
7.0 EDUCATION
Dependent/s (children) is allowed to pursue their education up to tertiary level in any Government- recognised higher learning institutions in Malaysia. Dependent/s (children) is allowed to use the existing MM2H or be given a Student Pass automatically.
8.0 MEDICAL
Long term medical treatment is allowed in Malaysia.
9.0 BUSINESS INVESTMENT ACTIVITIES / CAREER OPPORTUNITIES
Not allowed.
10.0 MEDICAL CHECK-UP
Compulsory to undergo medical check-up in panel clinic/ hospital appointed by the Ministry of Tourism, Arts and Culture for the principal and their dependents after receiving the approval to participate in the MM2H Programme.
11.0 CATEGORY SPECIALITY
Tax exemption on incoming funds such as FD.
12.0 CHANGE OF PRINCIPAL
In the event of death of the principal, the MM2H Pass of the deceased is transferable to the next-of-kin among the registered dependents.
13.0 TERMS OF RENEWAL OF MM2H PASS
The pass can be renewed for every 5 years after the maximum years of the programme has been completed.
Applicants will need to produce the latest documents as follows:
A copy of a valid passport
A copy of the latest medical report
Health insurance
Application for renewal needs to be submitted to the One Stop Centre, MM2H.
The fee for renewal pass is RM 1,500 for principal and dependents.
Ready to start your application for the Silver Program?