MM2H
Malaysia My Second Home (MM2H)
THE "Malaysia, My Second Home" programme was introduced in early 2002 as an extension to the "Silver Hair" programme to promore tourism and foregin investment in the country.
The latter was applicable only to those above 50 years of age, but the former was extended to include young cash-rich foreigners.
This programme allows for stay in Malaysia for as long as possible on a sosical visit pass with a multiple entry visa. The social visit pass is initially for 10 years.
The latter was applicable only to those above 50 years of age, but the former was extended to include young cash-rich foreigners.
This programme allows for stay in Malaysia for as long as possible on a sosical visit pass with a multiple entry visa. The social visit pass is initially for 10 years.
Business times 31.7.2006
Why Malaysia?
Governmental Support This programme is initiated organized and launched by the Malaysian Government. It is, therefore, a programme, that the Government will continuously work to ensure its success.
"The time is now, the place is Malaysia," says Deputy Tourism Minister Datuk Donald Lim Siang Chai's message to foreigners to visit Malaysia and participate in the Malaysia My Second Home (MM2H) programme.
Cost Of Living Cost of living is one of the lowest in Asia and will remain so for a very long time.This is achieved through the Government's efficient monitoring of the enconomy in ensuring that inflation is kept low at all times and thereby also the prices of goods and services.
Weather The weather is pleasant, warm and balmy with moderate rain throughtout the year, there are also higland residental areas and hill resort with permanent sprinng - like weather throughout the country.
Infrastructure The whole country is very well connected with up-to-date, modern road, rail, air, and sea transportation systems. Public transport by buses, taxis, trains, and planes are comfortable, efficient and relatively low in cost.
Political Stability The ruling Government is the longest serving freely elected Government tin the world. It is a Government representing all the races, religions, cultures etc. found in Malaysia. In fact, Malaysia is one of the most politically stable countries in the world.
Rule Of Law The rule of law is one of the fndamentals in Malaysia's constitution. Everyone is subjected to the law and also equal before the law. Malaysia practiced basically the British system of justice with an independent reliable and dependable judicary.
Safety Statistics can proof that Malaysia is one of the safest countries in the world; the crime rate is relatively low.
Religion Islam is the official religion of Malaysia but the constitution guarantees the right of people to practice other religions.
Culture And Language The Malay language (Bahasa Melayu) is the national language of the country; English is the second language but other languages can be freely used and practiced. Similary the Malay culture is dominant in the country because the alays are the dominant race in Malaysia and in the region. But other cultures can be practiced very freely and freely and there is a free intermingling of different cultures.
Food And Fruit All the food of the world can be found here at very reasonable cost. With so many races and cultures living together in harmony, it is understandalbe that each race has picked up the best Food Paradise. Similarly the tropical fruits of Malaysia are unique, exotic and avaliable in abundance practically throughout the year. It should be a real joy to savor these fruits.
Recreation / Entertainment The country has everything for the family, - theme parks, jungle trails / sports, water sports and one of the highest numbers of golf courses - ratio of population.
Shopping Most of the items that tourists normally like to buy - perfumes, cosmetics, watches, fountain pens, a long list of electronics goods, branded goods etc. are completely free of tax / quality goods from all over the world are imported and are relatively low in price and sold throughout Malaysia.
Education The country has one of the best developed and quality educational systems - both public and private. There are international schools of repute in all major towns with Englich as the medium of instruction. There are also private colleges and universities offering twinning programs with other will - know univeristies and major colleges from throughout the world.
Therefore, it is the place for quality education from nursery right up to the highest level of university education. It is already becoming an educational centre of execllence for the region. Relatively speaking, it is also the place to get quality international class education at a very reasonable cost.
Medical Facilities The coutry hass a very efficient health system where medical services are provided at nominal cost. Private doctors, clinics obtainable at very resonable cost. Malaysia is also becoming a centre for medical facilities in the region.
Residence There are quality residences - terrace houses, semi - detached, bungalows, apartments and condominiums all over the country. There are also some of the finest residences availabl in tourism zones - on beaches, near jungles and near theme parts, recreational places and city centres.
"The time is now, the place is Malaysia," says Deputy Tourism Minister Datuk Donald Lim Siang Chai's message to foreigners to visit Malaysia and participate in the Malaysia My Second Home (MM2H) programme.
The Star 11.3.2007
Standard Of Living Malaysia has one of the highest standards of living in the region with all the modern infrastructure and facilities in place.Cost Of Living Cost of living is one of the lowest in Asia and will remain so for a very long time.This is achieved through the Government's efficient monitoring of the enconomy in ensuring that inflation is kept low at all times and thereby also the prices of goods and services.
Weather The weather is pleasant, warm and balmy with moderate rain throughtout the year, there are also higland residental areas and hill resort with permanent sprinng - like weather throughout the country.
Infrastructure The whole country is very well connected with up-to-date, modern road, rail, air, and sea transportation systems. Public transport by buses, taxis, trains, and planes are comfortable, efficient and relatively low in cost.
Political Stability The ruling Government is the longest serving freely elected Government tin the world. It is a Government representing all the races, religions, cultures etc. found in Malaysia. In fact, Malaysia is one of the most politically stable countries in the world.
Rule Of Law The rule of law is one of the fndamentals in Malaysia's constitution. Everyone is subjected to the law and also equal before the law. Malaysia practiced basically the British system of justice with an independent reliable and dependable judicary.
Safety Statistics can proof that Malaysia is one of the safest countries in the world; the crime rate is relatively low.
Religion Islam is the official religion of Malaysia but the constitution guarantees the right of people to practice other religions.
Culture And Language The Malay language (Bahasa Melayu) is the national language of the country; English is the second language but other languages can be freely used and practiced. Similary the Malay culture is dominant in the country because the alays are the dominant race in Malaysia and in the region. But other cultures can be practiced very freely and freely and there is a free intermingling of different cultures.
Food And Fruit All the food of the world can be found here at very reasonable cost. With so many races and cultures living together in harmony, it is understandalbe that each race has picked up the best Food Paradise. Similarly the tropical fruits of Malaysia are unique, exotic and avaliable in abundance practically throughout the year. It should be a real joy to savor these fruits.
Recreation / Entertainment The country has everything for the family, - theme parks, jungle trails / sports, water sports and one of the highest numbers of golf courses - ratio of population.
Shopping Most of the items that tourists normally like to buy - perfumes, cosmetics, watches, fountain pens, a long list of electronics goods, branded goods etc. are completely free of tax / quality goods from all over the world are imported and are relatively low in price and sold throughout Malaysia.
Education The country has one of the best developed and quality educational systems - both public and private. There are international schools of repute in all major towns with Englich as the medium of instruction. There are also private colleges and universities offering twinning programs with other will - know univeristies and major colleges from throughout the world.
Therefore, it is the place for quality education from nursery right up to the highest level of university education. It is already becoming an educational centre of execllence for the region. Relatively speaking, it is also the place to get quality international class education at a very reasonable cost.
Medical Facilities The coutry hass a very efficient health system where medical services are provided at nominal cost. Private doctors, clinics obtainable at very resonable cost. Malaysia is also becoming a centre for medical facilities in the region.
Residence There are quality residences - terrace houses, semi - detached, bungalows, apartments and condominiums all over the country. There are also some of the finest residences availabl in tourism zones - on beaches, near jungles and near theme parts, recreational places and city centres.
Source www.malaysiamy2ndhome.net
Terms And Conditions
Financial Requirement Successful applicants required to comply with the following financial criteria upon receipt of the "conditional approval letter" from Malaysia Immigration Department.
I) Aged Below 50 Years Old
Letter Of Application (Cover Letter)
Two (2) passport sized Photographs.
Personal bond (is applicants appointed sponsors).
A certified copy of Passport / travel document (all pages).
A certified copy of a Marriage Certificate (if accompanied by spouse).
A certifed copy (s) of birth certificare (is accompanied by children).
Resume with 10 years of working experience.
A certified copy of latest bank statement / other related financial document to indicate the financial capability copies to support stay in Malaysia.
At least 3 months certified copies of pay slip / pension slip/ income statement etc.
Note : Items 2 - 4 are also required if accomppanied by spouse and children as dependants.
Dependants refer to children aged below 18 years old and not married.
Participants from *selected countries who are entering Malaysia with Tourist Social Visa Pass prior to approval of Malaysia My Second Home programme are required to pay for Journet Performed Visa (JP) (RM 500). The payment should be make to Malaysia My Second Home before they get endorsement of Malaysia My Second Home Sticker in their passport.
Contact Details Applicants may mail their application at the following places :
I) 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 240,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
- Must maintain a minimum balance of RM 600,000.00 from second year onwards and throughout stay in Malaysia under this programme.
- Open a fixed deposit account of RM 150,000.00; OR
- Show proof of monthly off - shore income of RM 10,000.00 such as pension scheme.
- After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM 90,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
- Participants must maintain a minimum balance of RM 60,000.00 from the second year onwards and throughout stay in Malaysia under this programme.
- Successful applicants need to obtain piror approval from Ministry of Tourism before proceed to withdraw the fixed deposit in Ringgit Malaysia (RM) only.
- Participants need to obtain prior approval from Ministry of Tourism before proceed to withdraw the fixed deposit.
- Participants under this programme may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this programme. However, they must obtain prior approval from the Ministry of Tourism.
Source www.malaysiamy2ndhome.net New Applicants (MM2H)
All applicants who wish to apply to stay in Malaysia under Malaysia My Second Home Programme must submmit the following documents :Letter Of Application (Cover Letter)
- Personal background and indicate your intention to join Malaysia Second Home
- With whom you wish to come (single or with family)
- Breifly explain how you will support your stay in Malaysia (financial capabilities)
- Which financial criteria you wish to used; either Fixed Deposit or monthly off - shore income (for 50 years old above)
Two (2) passport sized Photographs.
Personal bond (is applicants appointed sponsors).
A certified copy of Passport / travel document (all pages).
A certified copy of a Marriage Certificate (if accompanied by spouse).
A certifed copy (s) of birth certificare (is accompanied by children).
Resume with 10 years of working experience.
A certified copy of latest bank statement / other related financial document to indicate the financial capability copies to support stay in Malaysia.
At least 3 months certified copies of pay slip / pension slip/ income statement etc.
Note : Items 2 - 4 are also required if accomppanied by spouse and children as dependants.
Dependants refer to children aged below 18 years old and not married.
Participants from *selected countries who are entering Malaysia with Tourist Social Visa Pass prior to approval of Malaysia My Second Home programme are required to pay for Journet Performed Visa (JP) (RM 500). The payment should be make to Malaysia My Second Home before they get endorsement of Malaysia My Second Home Sticker in their passport.
Contact Details Applicants may mail their application at the following places :
Incentives
Participants of Malaysia My Second Home Programme are provided with various incentives to make their stay even more comfortable and enjoyable in Malaysia. The incentives provided are as follows :
Home Purchase Each participants is allowed to purchase up to two units of residental houses at a minimum prices above RM 150,000.00 each, depending on the location of the property.
Generally the minimum price for the purchase of houses in Malaysia are as follows :
OR Participant may purchase one new motorcar made or assembled in Malaysia. He will be exempted from paying excise duty and sales tax on the new motorcar within one (1) year from the endorsement date of the MM2H visa.
Frequent Ask Question
Any applicant who wished to bring in a foreign maid from a country other than his country of orifin or any foreign maid who do not fulfill the existing requirement of conditions will be refered to the Director General of Immigration Department for further assessment, re-evaluation and approval.
Upon approval, Levi and Visa charges will be imposed on the applicant.
The foreign maid is required to underso medical examination in Malaysia and the medical report must be submitted through FOMEMA together with the applicant.
Before registration with private colleges or universities please check the following :
Home Purchase Each participants is allowed to purchase up to two units of residental houses at a minimum prices above RM 150,000.00 each, depending on the location of the property.
Generally the minimum price for the purchase of houses in Malaysia are as follows :
- Above RM 350,000 each for certain areas in the state of Sarawak
- Above RM 250,000 each for the state of Penang, MAlacca and Johor
- Above RM 150,000 for other states
Procedure for Acquisition of Properties Chart
Car Purchase Participat may import one used motorcar which belongs to him from his coutry of citizenship or where he last domiciled. He will be exempted from paying import duty, excise duty and sales tax on the imported motorcar within six (6) months from the endorsement sate of the MM2H visa.OR Participant may purchase one new motorcar made or assembled in Malaysia. He will be exempted from paying excise duty and sales tax on the new motorcar within one (1) year from the endorsement date of the MM2H visa.
Frequent Ask Question
- What is the procedure for bringing in Personal Car?
- What is the procedure for bringing in Secong Vehicle?
- How about selling car that has been given Tax exemptions, what can I do?
- How to convert from foregin Driving License to Malaysian Driving License?
Any applicant who wished to bring in a foreign maid from a country other than his country of orifin or any foreign maid who do not fulfill the existing requirement of conditions will be refered to the Director General of Immigration Department for further assessment, re-evaluation and approval.
Upon approval, Levi and Visa charges will be imposed on the applicant.
The foreign maid is required to underso medical examination in Malaysia and the medical report must be submitted through FOMEMA together with the applicant.
Application Procedure for Bringing in Foreign Maid Chart
Education Applicants are allowed to bring their children who under 18 years old and not married as their dependants under this programme.Before registration with private colleges or universities please check the following :
- Courses must be accredited by the Malaysian Accreditation Board
- The institution must be registered with the Ministry of Higher Education Malaysia.
- Please make sure the Private Higher Educational (PHEI) that you hav selected is already registered with the Ministry of Home Affairs.
- For student from China, please ensure the PHEI has been registered by the China Embassy in Malaysia
- Academic qualifications as required.
- If qualifications comply, the institution will issue a letter of offer to study in insitution.
- Student Pass from the immigration department.
- Please abide by the conditions of the Student Pass issued.
- Abide by rules and regulations of the Malaysian Government at all times.
- Do not violate the conditions of the Student Pass.
- Informing Inland Revenue Board (IRB) on Income Earned in Malaysia
- Health and Well-being of Participant
- Bringing Foreign Pets
- Customer's Consent Form
