MM2H

Terms & Conditions

Financial Requirement
Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.

Upon application:

  • Applicants aged below 50 years old are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest three (3) months’ statement with each month’s credit balance of RM 500,000.
  • Applicants aged 50 years old and above may comply with the financial proof of RM350,000 in liquid assets and offshore income of RM10,000 per month.  For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest three (3) months’ statement with each month’s credit balance of RM 350,000. For those who have retired, they are required to show proof of receiving RM 10,000 pension from government per month.
  • New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.

Upon Approval
A. Below 50 years old

  • Open a fixed deposit account of RM300,000.00
  • After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
  • Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme.

Approved participants who have purchased and own property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000 on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.

B. 50 years old and above

  • Can choose either to:
    • Open a fixed deposit account of RM150,000.00; OR
    • Show proof of receiving RM 10,000 pension from government per month.
  • After a period of one (1) year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.
  • Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her 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 RM 100,000, on condition that the property has been fully paid and ownership documents such as grant and land title have already been issued.This amount may not be withdrawn until the participant decides to terminate his/her participation in MM2H programme.

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 dependants must possess valid medical insurance coverage that is applicable in Malaysia from any insurance company.

However, exemptions may be given for participants who face difficulty in obtaining a medical insurance due to their age or medical condition.

Security Bond (Direct Application only)
Applicants applying directly are required to fulfill the security bond condition. Please refer to Personal Bond for rate per person by nationality, ranging from RM200 to RM2000.00.

Personal Bond (Application Through Agent)
PERSONAL BOND (Application Through Agent)Licensed companies are required to provide the personal bond for their clients who have been approved under the MM2H Program.


Click here for the Steps to Apply.
MALAYSIA MY SECOND HOME CENTRE (MM2H)
Ministry of Tourism Malaysia,
Level 23, Menara Dato’ Onn,
Putra World Trade Centre,
50695 Kuala Lumpur,
MALAYSIA.

Phone (603) 2696 3367
(603) 2696 3354
(603) 2696 3361
(603) 2696 3351
(603) 2696 3366
MONDAY – THURSDAY Operating Hours
7.30am – 1pm | 2pm – 5.30pm
Lunch 1pm – 2pm
FRIDAY Operating Hours
7.30am – 12.15pm | 2.45pm – 5.30pm
Fax (603) 2698 8533 Lunch 12.15pm – 2.45pm
Email info@mm2h.gov.my SATURDAY, SUNDAY & PUBLIC HOLIDAY – Closed