Malaysia – New Malaysia My Second Home Visa Program (New MM2H)
Malaysia – New Malaysia My Second Home Visa Program (New MM2H)
The New Malaysia My Second Home (New MM2H) is a programme specifically designed by the Malaysian government for retirees. The New MM2H is a long-stay visa programme and allows applicants and their families to live, study and invest in Malaysia (depending on the plan applied). Each plan has different residency periods in which applicants and their families can enjoy Malaysia’s rich culture and quality of life during their stay.
Benefits
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5 – 20 years multiple entry visa available with options to renew
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Tax exemption for foreign sourced income and pension remittance in Malaysia
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Dependents are allowed to study higher education in Malaysia
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Allowed to purchase real estate for residential purpose
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Application includes spouse, parent(s), in-law(s) and child(ren) below 34 years old - unmarried and unemployed in Malaysia
Requirements
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Main applicant must be aged 25 and above (aged 21 and above in SEZs)
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Fixed deposit placement starting from USD $32,000+
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Purchase a property meeting the minimum property purchase price threshold (varies per plan)
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Fulfill residency requirements for aged 50 or below applicant(s)
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Meet with other requirements such as fees, medical check-up, medical etc.
Procedure
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Retain Anlex to assess your application and arrange the meeting the government authorized New MM2H Agent
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Prepare the New MM2H application and pay all required fees
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Submit the formal application
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Receive Approve-in-principal
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Complete participation fees payment, and open bank account for fixed deposit, undergo medical examination, purchase real estate property and purchase medical insurance in Malaysia
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Collect the Official MM2H approval and visa