Malaysia My Second Home (MM2H)

(For further update, pleased refer to : www.mm2h.gov.my)

The Malaysian Government welcomes all foreign citizens to enter and stay in this country on a long stay Social Visit Pass under the "Malaysia - My Second Home Program".
This Program DOES NOT guarantee a Permanent Resident status.
The "Malaysia - My Second Home Program" is coordinated by the Ministry of Culture, Arts and Tourism.

Terms And Conditions
Eligibility
The programme is open to all foreign citizens (except those from Israel, Montenegro and Yugoslavia). Approved applicants can stay in Malaysia on a long stay Social Visit Pass with a multiple entry visa valid for five years (ten years from April 1st 2006). The visa is renewable. This program is open to all foreigners of all ages. They are allowed to bring along their dependants and one maid. Overseas income is free of tax and applicants can bring all their household effects and one car duty free into Malaysia. Alternatively new visa holders may acquire a car in Malaysia free of any duty. However advance approval is required to take advantage of the tax free car benefit.

i) Applicants aged below 50 years old (updated in March 2009)
- Must open a fixed deposit account of RM300,000
- Can withdraw up to RM150,000 for the purchase of house, medical insurance or children's education expenses after the deposit has been placed for one year.
- Must maintain a minimum balance of RM150,000 from second year onwards and throughout stay in Malaysia under this programme.

ii) Applicants aged 50 years and above
* Can either choose to :
- Open a fixed deposit account of RM150,000; or
- Show proof of government approved pension funds of RM10,000
- Can withdraw up to RM50,000 for approved expenses relating to house purchase, medical insurance or children's education expenses after the deposit has been placed for one year.
- Must maintain a minimum balance of RM100,000 throughout their stay in Malaysia under this programme.

Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM150,000.00. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.

Note: Successful applicants are allowed to choose whether to open their fixed deposits in US currency or Ringgit (RM). Once the fixed deposit account is opened in US currency, it must be maintained in that currency throughout stay in Malaysia.

Insurance Coverage / Medical Report
Applicants must possess a medical insurance coverage from any insurance company that is valid in Malaysia. They are also required to have a medical examination.

Education
Applicants are allowed to bring along their dependants (children) either not schooling or are schooling in primary, secondary or in any Institution of higher Learning. However, dependants who are schooling are required to apply for a Student Pass to continue their education in schools or Institutions of Higher Learning recognised by the government.

Taxes
Successful applicants are bound by the policies, systems and regulations of taxes of this country however their overseas income will not be taxed in Malaysia.

Security Vetting
Approvals are given subject to security vetting clearance conducted by the Royal Malaysian Police.

Restrictions
Successful applicants are STRICTLY forbidden from the following:
Being employed anywhere in Malaysia unless approved by the government.
Participating in activities that can be considered as sensitive to the local people like political or missionary activities.

Application Procedures
Using An Agent or Doing It Yourself
Applicants who are making their submission in Malaysia can complete all the application procedures themselves. The initial applications can now be made to the Malaysia My Second Home Centre at the Ministry of Tourism at Putra World Trade Centre in Kuala Lumpur. Applicants do not have to be in Malaysia to make the initial application and in this case a letter of conditional approval will be given pending the applicant producing evidence of making the Fixed Deposit and obtaining medical insurance.
If you would prefer to have some assistance with the process our company can assist with the application and getting approval. They will also drive you to immigration when the visa is approved to collect your stamp in your passport.

The Application
Applications can be submitted while the applicant is in Malaysia or from overseas. If the submission is made before arrival, conditional approval will be given even before local medical insurance and the fixed deposits are placed. Visas for successful applicants will be issued In Malaysia together with a Social Visit Pass.
Kindly visit the MM2H website for the latest update at : www.mm2h.gov.my

Approval
Under normal circumstance approval all applications which fulfill the required criteria will be processed and approval with 30 working days (about 6 weeks) after submission of the application.

Categories Not Eligible To Apply Under This Programme
Holders of Expatriate Pass (Work Permit) and their dependants, unless they plan to give up their work permit.
Holders of a Student Pass.

Contacts :
Malaysia My Second Home Centre (MM2H)
Ministry of Tourism Malaysia Putra World Trade Centre
Level 23, Menara Dato' Onn, 45 Jalan Tun Ismail, 50695 Kuala Lumpur
E-mail: info@mm2h.gov.my
Tel: 603-26963367/54/61/51/66 Fax: 603-2698533

Malaysia My Second Home Centre Immigration Unit
Ministry of Tourism Malaysia Putra World Trade Centre
Level 23, Menara Dato' Onn, 45 Jalan Tun Ismail, 50695 Kuala Lumpur
Tel: 603-26963325/3302 Fax: 603-26911271