𝐌𝐀𝐋𝐀𝐘𝐒𝐈𝐀 𝐌𝐘 𝐒𝐄𝐂𝐎𝐍𝐃 𝐇𝐎𝐌𝐄 (𝐌𝐌𝟐𝐇)

  

Malaysia My Second Home Program.

No matter their ethnicity, religion, gender, or age, participants in the My Second Home program may be citizens of any nation recognised by Malaysia. As dependents, applicants may bring their spouses and unmarried children under the age of 21. To be eligible for the Malaysia My Second Home Program, applicants must fulfil certain requirements. (MM2H). We're here to help you see that you've fulfilled the following requirement:

UPON APPLICATION.

• Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM 500,000 and an offshore income of RM 10,000 per month. For certified copy(s) of the current account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 500,000.

• Applicants aged 50 and above may comply with the financial proof of RM 350,000 in liquid assets and offshore income of RM 10,000 per month. For a certified copy(s) of the current account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 350,000. For those who have retired, they are required to show proof of receiving a pension from the government of RM 10,000 per month.

• The approved participant who has purchased and owns property which was bought at RM 1 million and above in Malaysia may state his/her intention in the letter of application during submission to lower down basic fixed deposit requirement.

FINANCIAL REQUIREMENTS

UPON APPROVAL

(A) Aged Below 50 Years Old

• Open a fixed deposit account of RM 300,000.00

• After a period of one year, the participant can withdraw up to RM 150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

• Must maintain a minimum balance of RM 150,000.00 from the second year onwards and throughout the stay in Malaysia under this program.

The approved participant who has purchased and owns property which was bought at RM 1 million and above in Malaysia may state his/her intention in the letter of application during submission to lower down basic fixed deposit requirement of RM 300,000 to RM 150,000 on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in the MM2H program.

(B) Aged 50 Years and Above

• Can either choose to:

• • Open a fixed deposit account of RM 150,000.00; OR

  • Show proof of receiving a pension from the government of RM 10,000 per month

• After a period of one year, a participant who fulfils the fixed deposit criterion can withdraw up to RM 50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

• Participants must maintain a minimum balance of RM 100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this program.

The approved participant who has purchased and owns property which was bought at RM 1 million and above in Malaysia may state his/her intention in the letter of application during submission to lower down basic fixed deposit requirement of RM 150,000 to RM 100,000 on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in the MM2H program in Malaysia.

MEDICAL REPORT

All applicants and their

dependants are required

to submit a medical report

from any private hospital or

registered clinic in Malaysia

MEDICAL INSURANCE

Approved participants and their

dependants must possess valid

medial insurance coverage that

is applicable in Malaysia from

any insurance company. 

However, exemptions may be given for participants who face

difficulty in obtaining medical

insurance due to their age or

medical condition.

  PERSONAL BOND              (Application Through           Agent)

Licensed companies are 

required to provide the 

personal bond for their 

clients who have been 

approved under the 

MM2H Program.