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| Ministry of Tourism Meeting With The Licensed MM2H Companies |
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08 May 2007 UPDATES:- 1. Effective 1 June 2007, all MM2H applications are to be submitted through licensed MM2H agents only. 2. Strong financial background is required from applicants to show financial capability. Below 50 Years Old - Fixed Deposit of RM300,000 - RM200,000 (proof for living expenses while in Malaysia) Above 50 Years Old - Fixed Deposit of RM150,000 or Govt. Pension Fund of RM10,000 - RM200,000 (proof for living expenses while in Malaysia) 3. Participants can now purchase unlimited no. of properties in Malaysia above RM250,000 with no FIC approval, but still require state consent. Foreigners who are married to Malaysians are not eligible for MM2H programme but may apply to stay in Malaysia under the Immigration Department's "Spouse Programme" or Long Term Social Visit Pass (please refer to website http://www.imi.gov.my ).
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