Insights/FAQ
Relocating to Malaysia
The Malaysia My Second Home (S-MM2H) “West Malaysia” Visa Program
New Requirements
From the MM2H visa program’s first launch in 2002, the program has been well received. A total of 44,542 applications have been approved since its initiation. In July 2020, the program was temporarily suspended due to the outbreak of covid-19. The Malaysia government has since relaunched the program on October 2021 with new entry requirements.
The reason behind the temporary suspension of the
MM2H program
The MM2H Club’s Vincent Fong advised that there has been overwhelming demand for the MM2H program. The Malaysia government’s “Tourism, Arts and Culture Ministry” who was previously responsible for handling program applications was not able to manage the large number of applications efficiently.
With the onset of covid in 2020, the government decided to take the opportunity to transfer the processing of MM2H applications to the Immigration Department, which is better suited for processing program applications more efficiently. During this time, the government also reassessed the program’s eligibility criteria for applicants in order to ensure that only high-skilled applicants based on earnings will be admitted.
Our Managing Director at Jade Land Properties Dr. Theresa Fok advised that the MM2H program’s new requirements has not affected property sales as the majority of Jade Land’s clients purchase purely for investment.
What is the MM2H program?
- Offers non-Malaysians a 10-year renewable social visit visa
- Under one application, the applicant’s long-term dependents (spouses, children under the age of 21, parents over the age of 60 and domestic helpers) can reside in Malaysia
- Dependents under the age of 21 are allowed to apply to study
- Participants aged 50 or above can apply for a part time job
- All off-shore income or funds remitted to Malaysia are tax exempt
- Pension contributions in Malaysia are tax exempt
- Participants can reside anywhere in Malaysia – in both East and West Malaysia. West Malaysia is where the states of Penang, Kuala Lumpur and Johor Bahru are located. East Malaysia is where the states of Sabah (Kota Kinabalu) and Sarawak (Kuching) are located.
Eligibility Requirements
| 年齡 | 條款 | |
| 申請人最低年齡要求為 35 歲 | ✓ | |
| 申請人和配偶需每年在馬來西亞逗留90天 | ✓ | |
| 申請人和家屬的良民證 | ✓ | |
| 申請人和家屬的在馬來西亞完成體檢 | ✓ | |
| 申請人和家屬的醫療保險證明 | ✓ | |
| 申請費給政府(每年） | 申請人需提供馬幣5,000 約港幣9,250 每位家屬需提供馬幣2,500 約港幣4,625 |
|
| 簽證費給政府(每年） | 馬幣500 約港幣925 |
|
| 流動資產 | 馬幣1,500,000 約港幣2,775,000 |
|
| 每月收入 | 馬幣40,000 約港幣74,000 |
|
| 定期存款 | 第一年 | 馬幣1,000,000 約港幣1,850,000 *每位家屬需要提供額外馬幣50,000 定期存款 |
| 第二年 | 部分資產可用於在馬來西亞購買房地產、汽車、醫療費用和兒童教育。 保持以下最低餘額： 馬幣500,000 約港幣925,000 |
|
S-MM2H vs. MM2H
1. Differences in financial requirements: S-MM2H program has attractive low financial requirements compared to the MM2H program.
2.Differences inthe real estate investment requirement: Under the S-MM2H program, applicants between 40 to 50 years of age are required to invest in real estate in Sarawak. Applicants over 50 years of age do not need to invest in real estate in Sarawak. Under the MM2H program, all applicants simply need to provide proof of financial capability and do not need to invest in real estate.
3. Differences in the visa period and required yearly lenght of stay in Malaysia:The term of the S-MM2H program is 5 years (renewable for a further 5 years at a time). S-MM2H holders are required to stay for at least 15 days in Sarawak each year. The term of the MM2H program is 10 years (renewable for a further 10 years at a time), and requires a minimum stay in Malaysia of 90 days. The term of the MM2H program is 10 years (renewable for a further 10 years at a time), and requires a minimum stay in Malaysia of 90 days.
4. Ability to work: S-MM2H holders are not allowed to work in Malaysia. MM2H holders over 50-years of age are allowed to work part-time.
Learn more about our exclusive developments
Penang, Malaysia
Muze at Penang International Commercial City (PICC)
A landmark smart city development
A 43-acre comprehensive mixed-use development with smart city features in the heart of Penang, the “Silicon Valley of the East”.
1,087 - 1,862 sq.ft. / Prices from HK$2M
Kuala Lumpur, Malaysia
YOO8 Serviced by Kempinski
at 8 Conlay
Fully furnished Kuala Lumpur City Centre branded residences with 5-star service by Kempinski Hotels.
A mixed-use development located in the heart of Kuala Lumpur City Centre, Malaysia’s most sought-after neighbourhood.
