Requirement
In this section, I will breakdown the requirement into 3 sections.
Prerequisite
General Requirement
Detail Requirement according to each categories
Pre-Requisite
1.Participation into the MM2H Program is open to every eligible foreign individual from sovereign countries that has diplomatic relations with Malaysia.
Once approved, participants are henceforth referred to as the ‘principal’.
2. Applicants must be aged 25 years old and above for the Silver, Gold, and Platinum categories, or aged 21 years old and above for the SEZ/SFZ category.
3. Application should be submitted and completed through any MM2H licensed agencies that has been licenced by the Ministry of Tourism, Arts & Culture under the Tourism Industry Act 1992 [Act 482].
4. Every application from new participants or existing principals needs to be conducted through the One Stop Centre, Malaysia My Second Home (OSC MM2H). All matters concerning immigration including the final approval are under the jurisdiction of the Ministry of Home Affairs through the Immigration Department. Any appeals, if any, is under the purview of the Ministry of Home Affairs.
General Requirement
2.1 Financial
Eligible participants must have a fixed deposit (FD) in any Malaysian financial institution licenced under the Financial Services Act 2013 [Act 758] or Islamic Financial Services Act 2013 [Act 759]. A maximum withdrawal of 50% is allowed on the principal FD value upon visa endorsement and right after purchasing residences, education, or medical and tourism related activities in Malaysia.
2.2 Minimum Length of Stay
MM2H (principal) participants aged below 50 years old are required to be present/stay in Malaysia for 90 days (cumulative) in one year.
However, this 90 days can be accumulated and shared among dependents ( family members ). Dependents do not have the 90 days stay restriction.
Principal applicants who are 50 years old or more do not have the 90 days stay restriction as well.
2.3 Purchase of Residence
It is COMPULSORY to purchase and own a residence after obtaining the approval as MM2H participant. Selling of the residence is not allowed for 10 years, unless it is to upgrade the residence by purchasing one of higher value.
Minimum price of the Property : See next section.
2.4 Police Clearance Certificate / Letter of Good Conduct LOGC
All applicants ( regardless of principal applicant or dependents ) aged 18 years old or above must obtain Police Clearance Certificate or Letter of Good Conduct LOGC from your country of origin or country of residence.