Low cost of living, good lifestyle, strategic geographical location, business friendly, offshore tax haven of Labuan, minimal capital flow restrictions with a strong and stable economy
Cosmopolitan and multi-cultural with English as official language of business & widely spoken along with Malay, Chinese & Indian
World-class and international hub for healthcare and education
Property ownership rules for foreigners is very liberal with a minimum threshold of RM600,000 for Kuala Lumpur and which varies from state to state
Investment
Applicants <50 years old:
Must make a fixed deposit of RM300,000
May withdraw RM150,000 after one year of deposit for approved expenses
Applicants ≥ 50 years old:
Must make a fixed deposit of RM150,000
May withdraw RM50,000 after one year of deposit for approved expenses
Advantages of MM2H
10-year renewable multiple entry social visit pass granted to successful applicants as long as the applicant fulfil the conditions to receive the visa.
Stay as long as the applicant wishes & the holder is entitled to leave Malaysia at anytime
Holder of the MM2H is allowed to purchase freehold or leasehold residential property worth more than RM1,000,000 with the title deed under their name
May include spouse and unmarried children below 21 years of age in the application as dependents
The program has no quota and will be issued if the requirements are met
Process
Complete online application and prepare required documents
Preparation and submission of application
Conditional approval letter issued
Arrive in Malaysia for
Fixed Deposit account opening with any bank in Malaysia
Purchasing of/submission of medical insurance that is applicable in Malaysia
Obtaining of medical report from any private hospital or registered clinic in Malaysia
Submit remaining documents
Fixed Deposit certificate, Medical Insurance policy & Medical report
Obtain Visa
Requirements
Main applicant must have a minimum offshore monthly income of RM10,000
Proof of liquid assets of at least RM350,000 if the main applicant is 50 years old and above and at least RM500,000 if the main applicant is below 50 years old
Main applicant and dependents are required to pass a medical check-up and possess medical insurance coverage that is applicable in Malaysia from any insurance company
