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MM2H PROGRAMME

Malaysia My Second Home, Education, Investment, Medical & Insurances, Incentives & Metting Tours, Coach & Van Rental, Hotel Reservation

Frequent Questions & Answers

                      

                     

Frequent Questions

Q   What are the benefits after participating in this programme?
A   Success Applicant may enjoy the benefits as below;
1. Any foreigner may purchase any number of property in Malaysia, subject to the minimum price established for foreigners by the different states. They start from RM1000,000 per unit for most states.MM2H applicant also can enjoy up to 70% loan mortgage (normally foreigner only being offered 50% loan mortgage)
2. No residency requirements, no immigration prison, without giving up the domestic status, career, welfare and social relations, as a second home visa can be withdrawn at any time, and can be retrieved without any loss of deposits.
3. Applicants can active in their own business.
4. Children can study in Malaysia with this visa.
5. May purchase 1 car locally Assembled (CKDs) or carry tax-free car to Malaysia. (Savings up to 300%)
6. Attractive deposit rate per annum (Current deposit rate is 3% - 3.5% per annum)
7. Fixed Deposit may be tax-free
8. Off-shore income is tax-free.
9. Free stay at all the states of Malaysia except Sabah and Sarawak.
10. Parents who aged 60 and above and children aged below 21 can be included in the main applicant’s application.
11. May bring 1 helper to Malaysia.
12. Applicants who aged 50 and above, may apply for part time job with not more than 20 hour a week.
13. Social Visit Pass is initially for a period of 10 years, applicants are allowed to stay in Malaysia for as long as possible. (Normally visitor visa only allow foreigners to stay for one month)
Q   How to increase the chances of approval?
A   Sufficient time deposits and provide proof of monthly income, are the minimum conditions for this program. To increase chance for approval, applicant have to provide additional certificates of depposits, other proof of monthly income and other fixed assets certified documents.
Q   After participating in MM2H programme, does it mean have to stay in Malaysia?
A   No,applicant is allowed to stay in and out freely from Malaysia. up to 10 years.
Q   Can applicant renew the programme after 10 years?
A   Can but it must comply to the initial conditions of the applications, Malaysia government ensure permanent renewal.
Q   After 10 years of participating in MM2H programme, applicant allow to apply permanent residence?
A   There is no guarantee on successful application, but as long as initial eligibility fullfilled, residence permit and multiple entry visa will be renewed.
Q   Who are the Dependents?
A   Generally, applicant may apply with spouse and dependents under 18 years old. Should dependents above 18 years old, subject to approval from MM2H centre and government regulations.
Q   Duration for process of application?
A   Normally, after complete submission of documents, applicant shall be informed within 45 to 90 days.