Age Requirement |
21 & above (for principal) |
MM2H Term |
10 years (renewable) |
Fixed Deposit (Banks in Malaysia) |
USD $ 65,000 (approximately RM 306K) |
USD $ 32,000 (approximately RM 151K) |
Offshore Income |
Proof of offshore income & liquid assets are not required |
Fixed Deposit Withdrawal |
Maximum 50% withdrawal for property purchase, medical expenses, education & tourism purposes in Malaysia |
Property Purchase Price |
Property/land exclusively in special economic zone area (purchase must be directly from developer) |
Time Frame for Selling the Property |
Cannot sell for 10 years, but purchase of higher value of properties are allowed |
Minimum Stay in Malaysia (Per Year) |
Cumulative 90 days (principal or spouse/dependents) for age 21 - 49 |
Not applicable to main applicant age 50 and above |
Dependents |
Spouse, children or step children or adopted children (age 35 & below, single - no age limit for disabled children), parents & parents-in-law only |
Maid |
Not permitted |
Business, Investment & Employment Activities |
Not permitted |
Education |
Allowed (for children only) |
Medical Treatment |
Allowed within Malaysia |
Medical Checkup |
Compulsory for all participants after approval of MM2H application (must be done at any clinic/hospital appointed under MM2H programme) |
Tax Exemption |
No tax on foreign funds/income & interest on fixed deposit in Malaysia |
Change of Principal |
Allowed upon the death of principal only & to be transferred to next-of-kin who is a dependent under its MM2H |
Government Participation Fee (Principal Only) (One-Off) |
RM 1,000 |
Government Processing Fee (One-Off) |
Main applicant - RM 5,000
Each dependent - RM 2,500
|
Government Renewal Fee (for Principal & Dependents) |
RM 300 |
Renewal Term |
1) 5 years after initial term
2) Documents required for renewal:-
a) Current passport
b) Medical/health check report
c) Malaysia health/medical insurance
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