Malaysia My Second Home (MM2H) Visa is a multiple entry visa which is valid for 10 years. The Malaysia My Second Home visa program is eligible for all citizens of all countries to apply.
Malaysia is ranked number 3 for the most peaceful country in Asia, and English is a widely spoken language in the country. Having neighbor country like Singapore gives Malaysia an important strategic location for international business.
Living in Malaysia’s multicultural society can benefit your children and grow their international visions. Your children can grow up to attend in one of Malaysia’s many world class universities which are affordable (i.e. more affordable than Hong Kong’s tertiary education).
The former visa program to Malaysia My Second Home is known as Silver-hair Program. But the Silver-hair Program is only eligible for applicants who are above 50 years old.
Who are considered as dependants of the applicant?
The MM2H program has two categories:
Applicants of age below 50 must meet the financial criteria stated below before application submission.
Applicants of age 50 and above must meet the financial criteria stated below before application submission.
All applicants must submit a good conduct certificate. Usually the applicant can obtain it from the police station of his/her country.
Each person (i.e. including all applicants and dependants) must pay the stamping fee of RM 200 per person and immigration levy of approximately RM 1,800 per person.
It will take about 7-8 months for each submitted application to process before approval.
Once approved, the applicant will receive an approval letter.
All successful applicants aged below 50 (who have received the conditional approval letter from Malaysia Immigration Department) must comply with the financial requirement for maintaining a fixed deposit of RM 300,000 in the personal bank account.
All successful applicants aged 50 or above (who have received the conditional approval letter from Malaysia Immigration Department) must comply with the financial requirement for maintaining a fixed deposit of RM 150,000 in the personal bank account.
All applicants must have insurance coverage in Malaysia for their whole family.
A medical check-up in Malaysia must be done for their whole family.
Evaluate the possible incentives the applicants may receive for the purchase of a house or locally imported car, or tax exemption for bringing in a car.
Assist in the application of student's pass for children who are to study in Malaysia.
Assist in the application to withdraw part of the fixed deposit after a period of one year for the purchase of house, and payments to medical and education.
Have received professional and helpful consulting services from Prism. Especially appreciated the calm and clear guidance from Shamsa. She has helped us navigate a complicated and stressful Immigrations process. Highly recommended!
⭐⭐⭐⭐⭐ Decemeber 2023