NOTES:
1. Participation fee is only for principal
2. Must be place in a bank in Malaysia; 50% refundable after approval for specified purposes
3. Cannot sell house for ten years unless leave programme; can move to higher priced house
4. For cases where principal is 25 to 49 years old can be fulfilled by dependents.
5. Visa can be transfer to name dependent possible after principal death
6. Fee includes all government charges and visa extension/passport changes
General Requirements:
Eligibility:
Open to foreign individuals from countries with diplomatic relations with Malaysia.
Applicants must be 25 years old and above for all categories.
Application Process:
Applications must be submitted through a licensed MM2H tour operator under the Tourism Industry Act 1992 [Act 482]. Individual or walk-in applications are not accepted.
All new and renewal applications must be submitted through the MM2H One-Stop Centre. Immigration-related matters and approvals are regulated by the Ministry of Home Affairs and the Immigration Department of Malaysia. Appeals for rejected applications should be directed to the Minister of Home Affairs.
Financial Requirements:
Fixed Deposit (FD) of USD 1 million in any licensed financial institution under the Financial Services Act 2013 [Act 758] or the Islamic Financial Services Act 2013 [Act 759].
Offshore income requirement is waived for all categories.
Maximum withdrawal of 50% of the FD principal is allowed after approval for purposes such as purchasing a house, education, healthcare, and tourism in Malaysia.
Participation Fee:
One-time fee of RM 200,000 for the principal.
No fee for dependents.
Residential Property Purchase:
Mandatory to purchase and own a house upon approval.
Minimum value of the house must be RM 2 million or above.Resale of the house is not permitted for 10 years, but upgrading to a higher-value house is allowed.
Non-compliance may result in the cancellation of the MM2H pass.
Minimum Stay Requirement:
Must reside in Malaysia for at least 90 days (cumulative) per year.
For participants aged 25-49, this requirement can be fulfilled by either the principal or dependents.
Dependents:
Allowed to bring dependents including spouse, children under 21 years old (or up to 34 years old if unmarried and unemployed in Malaysia), disabled children (no age limit), parents, parents-in-law, and foreign domestic helpers.
MM2H Pass:
Issued for 20 years with multiple entry visas (MEV) for the principal and dependents.
Renewable with adherence to passport validity.
Requires a new security sticker if passport validity ends before the MM2H pass duration.
Education:
Dependents (children) allowed to pursue higher education in recognized institutions in Malaysia, using either the existing MM2H pass or automatically granted a Student Pass.
Healthcare:
Allowed long-term medical treatment in Malaysia.
Business and Investment Activities:
Permitted.
Employment Opportunities:
Permitted.
Health Screening:
Mandatory health check-up at designated clinics/hospitals by the Ministry of Tourism, Arts, and Culture for both principal and dependents post-approval.
Program Benefits:
Tax exemption on funds brought in as FD.
Application for Principal Change:
In case of principal’s death, the MM2H pass can be transferred to the next-of-kin named as dependents by the principal.
Renewal Terms:
Pass can be renewed every 5 years after the maximum program membership period ends.
Applicants must submit current documents including a valid passport, medical report, and health insurance.Renewal applications will be processed by the MM2H One-Stop Centre/Immigration Department of Malaysia.
Renewal fee is RM 5,000 for the principal and dependents.
Financial Requirements:
FD of USD 500,000 in a licensed financial institution.
Offshore income requirement waived.
Maximum 50% withdrawal of FD principal allowed for specific purposes post-approval.
Participation Fee:
One-time fee of RM 3,000 for the principal.
No fee for dependents.
Residential Property Purchase:
Mandatory to purchase and own a house upon approval.
Minimum value of the house must be RM 1 million or above.
Resale of the house not permitted for 10 years, but upgrading is allowed.
Minimum Stay Requirement:
Must reside in Malaysia for at least 90 days (cumulative) per year.
For participants aged 25-49, this requirement can be fulfilled by either the principal or dependents.
Dependents:
Similar to the Platinum category.
MM2H Pass:
Issued for 15 years with MEV for the principal and dependents.
Renewable with adherence to passport validity.
Requires a new security sticker if passport validity ends before the MM2H pass duration.
Education, Healthcare, Health Screening, Program Benefits, Principal Change, and Renewal Terms:
Same as Platinum category.
Business and Investment Activities:
Not permitted, requires relevant pass.
Employment Opportunities:
Not permitted, requires relevant pass.
Financial Requirements:
FD of USD 150,000 in a licensed financial institution.
Offshore income requirement waived.
Maximum 50% withdrawal of FD principal allowed for specific purposes post-approval.
Participation Fee:
One-time fee of RM 1,000 for the principal.
No fee for dependents.
Residential Property Purchase:
Mandatory to purchase and own a house upon approval.
Minimum value of the house must be RM 600,000 or above. Resale of the house not permitted for 10 years, but upgrading is allowed.
Minimum Stay Requirement:
Must reside in Malaysia for at least 90 days (cumulative) per year.
For participants aged 25-49, this requirement can be fulfilled by either the principal or dependents.
Dependents:
Similar to the Platinum category.
MM2H Pass:
Issued for 5 years with MEV for the principal and dependents.
Renewable with adherence to passport validity.
Requires a new security sticker if passport validity ends before the MM2H pass duration.
Education, Healthcare, Health Screening, Program Benefits, Principal Change, and Renewal Terms:
Same as Platinum category.
Business and Investment Activities:
Not permitted, requires relevant pass.
Employment Opportunities:
Not permitted, requires relevant pass.
Notes: We will be publishing more information, along with a Q&A once we have more information and updates.