MM2H Criteria to Apply – Overview of the Program
Malaysia My Second Home Program was initiated by Malaysia Government to welcome all foreigners together with their families including their children aged under 21, to reside in Malaysia for good by granting an initial 10 years’ multiple entry visa with indefinite renewals as long as the participants do not contravene with Malaysia’s law. After MM2H approval is obtained, the participants can invite their parents (of aged 60 and above) to join them to stay permanently in Malaysia. [Why Important to Have Support & Services from Us?]
MM2H Criteria To Apply- The Categories
Latest 2018 MM2H Change: For applicants who have purchased a Malaysian property of over RM 1 million in cash, the Fixed Deposit requirement is the same as those who apply below 50 years old and above 50 years old. Read more below!
Below is the MM2H criterion to apply for all foreigners is simple and straight forward! Yes, you are qualified if you fall under any one of the following three categories and MM2H conditional approvals will be given accordingly:-
A. MM2H Criteria to apply for Aged above 50 years old category
• If you are a pensioner with a monthly retirement income of minimum of RM 10,000 from Government or Private Approved Pension Funds, MM2H conditional approval will be given Fixed Deposit required of RM150,000 (for aged above 50) or RM 300,000 (for aged below 50)
• If you have a monthly salary of a minimum of RM 10,000- MM2H conditional approval will be given with a requirement of RM 150,000 Fixed Deposit. To qualify for this category, you are required to show bank liquid assets of minimum RM 350,000.
(After one year, RM 50,000 MM2H fixed deposit can be withdrawn with proof of any purchase of property, car, medical or education expenses)
B. MM2H Criteria to Apply for Aged below 50 years old category
• If you have a monthly salary of a minimum of RM 10,000- MM2H conditional approval will be given with a requirement of RM 300,000 as Fixed Deposit. To qualify for this category, you are required to show bank liquid assets of minimum RM 500,000.
(After one year, RM 150,000 MM2H fixed deposit can be withdrawn with proof of any purchase of property, car, medical or education expenses)
C. MM2H Criteria to apply for those who have purchased properties of minimum RM 1 million in cash in Malaysia category
• MM2H Conditional approval will be given with a requirement of RM 150,000 Fixed Deposit for those aged above 50 or RM 300,000 Fixed Deposit for those aged below 50. This is the latest 2018 information!
The remaining Fixed Deposit can be withdrawn anytime when you decide to terminate the MM2H program! 100% risk free to your investment.
MM2H Conditional approval is valid for a period of 6 months, which may be extended if you have a valid reason.
Currently, MM2H approval processing time by the MM2H Ministry takes approximate 50 to 55 days days. In 2014, the average time was 45 -55 days per case -only! Fast approval!
(*) – Please be informed that there may be times where approval meetings are postponed by the MM2H Ministry, especially during the Malay New Year and during the month of December where most officers away on leave.
Once you have received the MM2H approval and Entry Visa from us, please follow these steps:-
FAQ on what to do after the MM2H approval is obtained
Why do I need to adhere to the dateline on the Entry Visa since my MM2H approval is valid for 6 months?
If I missed the Entry Visa dateline, can I still come into Malaysia with a Tourist Visa?
If my MM2H approval validity lapsed, can I still stamp my passport?
Should I make an appointment with the Malaysian Embassy to stamp my visa?
What is the maximum period I can stay in Malaysia upon my arrival, prior to my MM2H visa stamping?
Can I have my Malaysia bank account pre-open before I come to Malaysia?
Can I come to Malaysia to open a bank account first and later return to stamp MM2H Visa during my next visit?
Can I stamp my MM2H Visa first while my dependents stamp at later date?
If I would like to have some services for property rental and schooling tour, how can I arrange them?
Do you have any questions about MM2H criteria to apply for migrating to Malaysia? We are here to help you! By contacting us at+603-2161 5096, you have made ‘the first step in getting it right’. Migration is usually an once-in-a-life time affair! Our experience will assure things go hassle-free and completely smoothly. Drop us your enquiry today!