Malaysia Investment Immigration Programs Overview
Under the Malaysia My Second Home, also known as MM2H, applicants and their families can live or retire on a long-term basis in Malaysia. Applicants who meet requirements will get a renewable 10-year multiple entry visa. There is no “minimum-days-to-stay-in-Malaysia” requirement.
Applicants can also bring along a domestic helper who will be issued a yearly visa. Children under the age of 21 are allowed to accompany the applicant in Malaysia. Parents of the main applicant can join the applicant as dependents as well. They are given a renewable six-month visa.
While Malaysia does not offer a CBI program and the visa does not lead to permanent residence, families can live and retire in Malaysia for as long as they wish.
The program is open to foreigners who are under 50 years of age who will need to deposit RM300,000 in Malaysia. For those who are above the age of 50, the amount is RM150,000. The applicant will pay the required amount once the application is approved.
HOW TO APPLY:
The Ministry of Tourism and Culture processes applicants. The Immigration Unit is responsible for issuing a conditional approval letter to approved applicants. The MM2H program requires applicants to show proof of investable assets and offshore income, depending on their age. Applicants must place a fixed deposit in a bank account in Malaysia in return for a 10-year residence visa – approximately 80,000 U.S. dollars if you are below 50 years old and $40,000 if above.
Malaysian citizens have visa free access to 169 countries.
With a population of over 30 million, Malaysia is the world's 44th most populous country. Malaysia has a strong economy, developed infrastructure, educated workforce and is a politically stable country. Malaysia has the third largest economy in the region. The country’s industrial sector has fueled Malaysia’s growth. Malaysia is also a founding member of the Association of Southeast Asian Nations (ASEAN).