Terms & Conditions

Financial Requirement

Successful applicants are required to comply with the following financial criteria upon receipt of the 'conditional approval letter' from the Malaysia Immigration Department.

FINANCIAL REQUIREMENTS 
(For applicants who are single or with spouse)
Below 50 years old 50 years old and above
Fixed Deposit 
RM300,000
(USD91,000)
Options:
Fixed Deposit
RM150,000
(USD45,500)		 OR

  Current Monthly 
  Off-Shore  Income* 
  RM10,000 
  (USD3,100)

(applicable only to those received govt pension)

FIXED DEPOSIT WITHDRAWAL (After 1 year period)
Applicable only for approved expenses, such as house purchase, education for children in Malaysia and medical purposes.
Withdrawal up to
RM240,000
(USD73,000)		 Withdrawal up to
RM90,000
(USD27,300)
MUST MAINTAIN A MINIMUM FIXED DEPOSIT BALANCE
(For the remaining period of stay)
RM60,000
(USD18,200)		 RM60,000
(USD18,200)

* Only applicants who are drawing from Government Approved Funds will be considered to have fulfilled the "Monthly off - Shore Income" criteria.

Note:

  • Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.
  • Participants need to obtain prior approval from Ministry of Tourism before proceed to withdraw the fixed deposit.
  • Participants under this programme may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this programme. However, they must obtain prior approval from the Ministry of Tourism.
  • The above rate is based on the currency exchange rate of 3.3 (USD1.00 = RM3.30), which is subject to change without any prior notice.

 

 

Medical Report

All participants and their dependents (spouse and children) are required to submit a medical report from any private hospital or registered clinic in Malaysia. 

Medical Insurance

Participants and their dependents (spouse and children) who are approved must possess a valid medical insurance policy, which is applicable in Malaysia.

Restrictions

  • Under the MM2H Programme, participants are not permitted to work or be employed while staying in Malaysia. 
  • Participants should not participate in activities that can be considered as sensitive to the local people and a threat to the security of the country.

Who Are Not Eligible To Apply Under MM2H?

  • Foreigners married to Malaysians.
  • Foreigners holding a valid working permit in Malaysia.

Special Social Visa For Parents

Parents of participants who are over 60 years old could also come to Malaysia together with the participants under a special social visit visa for six months, which is renewable till the expiry of the applicants's 10 years visa.

 
 

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