Age Requirement |
25 & above (for principal) |
MM2H Term |
5 years (renewable) |
15 years (renewable) |
20 years (renewable) |
Fixed Deposit (Banks in Malaysia) |
USD $ 150,000 (approximately RM 750K) |
USD $ 500,000 (approximately RM 2.35 MIL) |
USD $ 1,000,000 (approximately RM 4.7 MIL) |
Offshore Income |
Proof of offshore income & liquid assets not required |
Fixed Deposit Withdrawal |
Maximum 50% withdrawal for property purchase, medical expenses, education & tourism purposes in Malaysia |
Property Purchase |
RM 600,000 & above (within Malaysia) |
RM 1,000,000 & above (within Malaysia) |
RM 2,000,000 & above (within Malaysia) |
Timeframe for Selling the Property |
Cannot sell for 10 years, but purchase of higher value of current properties allowed |
Minimum Stay in Malaysia (Per Year) |
Cumulative 90 days (principal or spouse / dependents) for aged 25-49 |
Dependents |
Spouse, children or step children, adopted children (age 35 & below, single - no age limit for disabled children), parents & parents-in-law only |
Maid |
Not permitted |
Permitted |
Business, Investment & Employment Activities |
Not Permitted |
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 & profit 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 (Principle Only) (One-Off) |
RM 1,000 |
RM 3,000 |
RM 200,000 |
Government Processing Fee (One-Off) |
Main applicant - RM 5,000
Each dependent - RM 2,500
|
Government Renewal Fee (For Principal & Dependents) |
RM 1,500 |
RM 3,000 |
RM 5,000 |
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
|