Why choose Malaysia as Your Second Home

1. Government Support

This programme is initiated, organised and launched by the Malaysian Government.

2. Standard of Living

Malaysia has one of the highest standards of living in the region with all the modern infrastructure and facilities in place.

3. Cost of Living

Cost of living is relatively low. This is due to the Government’s effort to ensure that inflation is kept low at all times and thereby also the prices of goods and services.

4. Infrastructure

The entire country is very well connected with up-to-date, modern road, rail, air and sea transportation systems. Public transport by buses, taxis and trains are comfortable, efficient and very affordable.

5. Weather

The weather is pleasant, warm and balmy with moderate rain throughout the year. There are also highland resident areas and resorts with permanent spring-like weather throughout the country.

6. People

Here, you will discover a delightful fusion of three of Asia’s oldest civilisations - Malay, Chinese and Indian. A potpourri enriched with indigenous traditions of the Kadazans, Ibans and other ethnic communities of Sabah and Sarawak on the island of Borneo. Added with the influence of the British, Portuguese, Dutch and Thais, Malaysians are indeed a blend of diverse cultures.

7. Safety

Statistics prove that Malaysia is one of the safest countries in the world, with a relatively low crime rate.

8. Health and Wellness

The fine range of spas in the country provides the ideal setting for complete rejuvenation and relaxation. Malaysia has some of the finest spas in the world be it on pristine island or right in the middle of the city centre. From traditional Malay massages, India Ayurvedic treatments and Oriental acupressure practices there is a vast backdrop of health rituals in Malaysia.

Over the years, Malaysia has grown into a sophisticated healthcare hub in Asia. With state-of the-art medical facilities and highly qualified personnel, Malaysia is well positioned to cater to the healthcare needs of people from the world over.

9. Education

Malaysia is also a place for quality education from nursery to university. Fees are reasonable. There are international schools of repute in all major towns with English and other foreign languages as the media instruction. There are also private colleges and universities which offer twinning programmes with other internationally-recognised universities and colleges.

Malaysia is fast becoming an educational centre of excellence for the region.

10. Sports and Recreation

Malaysia has many ideal recreational spots for the family. Thrill seekers can enjoy an exhilarating time at the many theme parks while those who prefer a relaxing respite can head for the refreshing lake gardens. Malaysia is also a paradise for golf enthusiasts, with close to 200 courses designed by world renowned names.

11. Food and Fruit

Malaysia offers a variety of local and international fare to suit all tastes and budgets. With so many races and cultures living together in harmony, it is understandbale that each race has picked up the best of each other’s food and turned Malaysia into Asia’s Food Paradise. Similarly, the tropical fruits of Malaysia are unique, exotic and available in abundance practically throughout the year.

12. Shopping

From high-end couture to ethnic handicrafts and the internationally acclaimed pewter ware, Malaysia has it all. Enjoy the comforts and convenience of shopping in air-conditioned malls and hypermarkets. Besides shopping, families have a choice of watching a movie, having fun at the bowling alley or enjoying the spread at the food court. Shoppers can also browse interesting curios on display at the weekly flea markets. Join the excitement of haggling at the night markets or pasar malam, an interesting feature of local life. The best time to enjoy fantastic discounts and special offers in during the annual Mega Sales.

13. Residence

There are quality residences - terrace and semi detached houses, bungalows, apartment and condominiums throughout the country. Some of the finest residences are available in tourism zones - on beaches, near jungles and near theme parks, recreational places and city centres.

Eligibility

It is open to citizens of countries recognised by Malaysia, regardless race, religion, gender or age. The programme allows applicants to bring with them their spouses of Malaysian and expatriates who wish to retire in Malaysia after expiry of their Employment Passes are also eligible to apply stay in Malaysia on this programme.

Entry Requirements

Interested applicants are expected to be financially capable of supporting themselves in Malaysia to qualify for the programme.

Upon application:

• Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month
• Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets OR proof of government pension funds of RM10,000 per month
• New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval (details on full fixed deposit exemption)

[Financial proof can be in the form of cash, deposits, bonds, securities, properties and other assets]

Successful Applicants

Successful applicants will be issued Conditional Approval Letters which are valid for six months. Effective 1st April 2009, applicants are required to comply with the financial requirement, medical report, medical insurance and security bond guidelines before the Malaysia My Second Home Social Visit Pass with multiple entry visa is issued.

Financial Requirements

Aged below 50 years

• Open a fixed deposit account of RM300,000
• Maintain a minimum amount of RM150,000 from second year onwards

[From the second year, participants may choose to withdraw up to RM150,000, for approved expenses]

Aged 50 years and above

• Open a fixed deposit account of RM150,000. Maintain a minimum amount of RM100,000 from second year onwards OR
• Show proof of government approved pension funds of RM10,000

[From the second year onwards, participants who fulfill the fixed deposit criterion, may choose to withdraw up to RM50,000 for approved expenses, details on withdrawal guidelines ]

Medical Report

All applicants and their dependants are required to submit a medical report from any private hospital or registered clinic in Malaysia.

Medical Insurance

Approved participants and their dependents must posses valid medical insurance coverage that is applicable in Malaysia from any insurance company. However, exemption may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition.

Security Bond

Applicants applying directly are required to fulfill the security bond condition

Personal Bond

Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Programme

Incentives

Several incentives are provided to MM2H participants to make their stay in Malaysia more comfortable and enjoyable. These are as follows:

1. House Purchase

Each participants is allowed to purchase unlimited number of residential properties at minimum price of RM250,000 per unit depending on the location of the property. Profit from the sale of residential property is exemption from Real Property Gains Tax.

2. Car Purchase

Each participant is allowed to bring in his/her own personal car OR purchase a locally assembled car without the need to pay import duty, excise duty and sales tax [details on car tax/duty exemption].

3. Domestic Helper

Each participant is allowed to apply for one domestic helper subject to the prevailing guidelines of the Immigration Department of Malaysia. [details on domestic helper application guidelines].

4. Foreign Income from Abroad

Foreign income remitted from abroad is tax exempt [Refer to the Inland Revenue Board Malaysia’s at http://www.hasil.org.my for taxation matters. Profits and interest earned within Malaysia is taxable]

5. Employment

Participants aged 50 years and above who are qualified and experience can apply to work in sectors approved by the Government [details on Employment under MM2H]

6. Business and Investment

Participant are allowed to invest and actively participate in business. Subject to existing Government policies, regulation and guidelines which are in force for related sectors [details on setting up business in Malaysia].

Applications

New Applications

Applicants may choose to apply directly to Malaysia My Second Home Centre OR appoint an authorised company to do so on their behalf.

Only MM2H companies licensed by the Ministry of Tourism are allowed to submit applications to the MM2H Centre. The maximum fee chargeable is RM10,000 per application. [The actual amount of fee chargeable is dependant on the range of services provided[details on the services offered by MM2H licensed agent]. The MM2H Centre doesn’t not accept submissions by third parties]

Please refer to Full Fixed Deposit Exemption and MM2H Application Guidelines.

Processing Time and Approval

All applications with complete documentation will be processed within 30 working days from the submission date.

Conditional Approval Letter

A Conditional Approval Letter will be issued to the successful applicant, allowing him a 6 months grace period to be in Malaysia to comply with the conditions of placing, a fixed deposit, submitting his medical report, preparing his security bond (for direct applicants) and purchasing a medical insurance.

Social Visit Pass with Multiple Entry Visa

Once an applicant has complied with all the conditions in the Conditional Approval Letter, he may proceed to the Immigration Unit, MM2H Centre at Level 6, Putra World Trade Centre to have his passport endorsed with the MM2H Visa. A visa fee of RM90 per year will be collected. A Journey Performed Fee of RM500 may also be imposed before the endorsement is given.

Extension - Change of Passport

Participants who did not receive the full duration of the 10 year MM2H visa due to earlier expiry of passport may receive the balance of the visa period in their new passport. [details on Social Visit Pass extension]

Renewal - expiry of MM2H visa

Participants may apply to renew their MM2H visa from six months before the expiry of the MM2H visa [details on the renewal guidelines]

Application to include Spouse/Parents/Children as Dependents

Participants who have not included their spouses, parents or children a dependants may apply to have them included [details on inclusion].

Application for Domestic Helper

MM2H participants are allowed to have the services of one domestic helper [details on domestic helper application guidelines].

Application for MM2H ID Card

MM2H participants who have a domicile address in Malaysia may apply for the MM2H ID Card [details on MM2H ID Card application].

Application for FD withdrawal

From the second year, participants may choose to withdraw part of their fixed deposit for house purchase or refinancing of housing loan, car purchase, medical treatment, children’s education and business by submitting the following documents [details on Fixed Deposit withdrawal].

Termination

Participants can choose to terminate their stay in Malaysia anytime by forwarding the following documents to MM2H Centre:

• Letter of Intent to terminate their stay in Malaysia under this programme
• A copy of passport
• Flight ticket (if applicable)
• MM2H ID Card (if any)
• A copy of the fixed deposit certificate (if applicable)

A consent letter will be issued on the same day to the respective bank to authorise the release of the fixed deposit which was placed under this programme. Applicant is required to cancel his Social Visit Pass at the Immigration Department before the withdrawal of the remaining deposit.

Contacts

For enquiries, please contact:

propertrack.com MM2H information desk
12A11 Seri Bukit Ceylon, 8 Lorong Ceylon
Off Jalan Raja Chulan
50250 Kuala Lumpur, MALAYSIA

Tel : +603 2032 3168
Fax : +603 2026 1017

You may also contact us by completing the propertrack.com MM2H information desk enquiry form.

New applications may be submitted to the following:

Malaysia My Second Home Centre
Ministry of Tourism, Malaysia
Level 23, Menara Dato’ Onn
Putra World Trade Centre
45, Jalan Tun Ismail
50695 Kuala Lumpur
Malaysia

Tel: +603 2696 3367 / 3354 / 3361 / 3351 / 3366
Fax: +603 2698 8533

Application for Renewal, extension, ID Card, domestic helper and student Pass

Malaysia My Second Home Centre
Immigration Unit
Ministry of Tourism, Malaysia
Level 6, Menara Dato’ Onn
Putra World Trade Centre
45, Jalan Tun Ismail
50695 Kuala Lumpur
Malaysia

Tel: 603 2696 3325 / 3302 / 3323 / 3302
Fax: 603 2691 1271

Operating Hours
Monday - Friday
7.30am - 5.30pm

Applicants who wish to stay in Sabah or Sarawak, should direct their application to the following:

Sabah
Department of Immigration, Sabah
Aras 1-4, Block B
Kompleks Pentadbiran
Kerajaan Persekutuan Sabah
Jalan Sulaman
88450 Kota Kinabalu, Sabah
Malaysia

Tel: 6088 807 000
Fax: 6088 488 800

Sarawak
One Stop Agency
Public Relations
ICT Unit and Sarawak / Malaysia My Second Home Programme “One Stop Agency”
Ministry of Urban Development & Tourism
Level 2, Bangunan Baitulmakmur
Medan Raya, Petra Jaya
9350 Kuching, Sarawak
Malaysia

Tel: +6082 319 313 / 309
Fax: +6082 441 277 / 531

1. Country

The Federation of Malaysia comprises Peninsular Malaysia and the states of Sabah and Sarawak on the island of Borneo.

2. Geographical Location

Located between 2 and 7 degrees north of the Equator, Peninsular Malaysia is separated from the States of Sabah and Sarawak by the South China Sea. To the north of Peninsualr Malaysia is Thailand while its sourthern neighbour is Singapore, Sabah and Sarawak are in Borneo Island.

3. Area

329,758 sq km

4. Population

27 million

5. Capital

Kuala Lumpur

6. People

Malays who make up about 57% of the population are the predominant group with Chinese, Indians and other ethnic groups making up the rest.

7. Language

Bahasa Malaysia is the national language but English is widely spoken. The ethnic groups also speak various languages and dialects.

8. Religion

Malaysian live in a multi religious society. Islam is the official religion but other religions such as Buddhism, Christianity, Hinduism and Sikhism are practiced freely.

9. Climate

Tropical climate with warm weather all year round. Temperatures range from 21.c to 32.c. Annual rainfall varies from 2,000mm to 2,500mm.

10. Government

Parliamentary democracy with a bicameral legislative system. The Head of State is the Yang di-Pertua Agong and the Head of Government is the Prime Minister.

11. Currency

The Unit of currency is the Malaysian Ringgit (RM). US$1 is roughly equivalent to RM 3.50 and £1 is roughly equivalent to RM5.10. Foreign currency can be converted at banks and money changers.

12. Time

Eight hours ahead of GMT and 16 hours ahead of US Pacific Standard Time.

13. Country Code

+60