Terms

Application Requirement

Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.

Main Applicant’s Age	Age 35-49 Years Old	50 Years Old & Above
Proof of Assets	3 Months Fixed Deposit Bank Statement of RM1.5 million Shares/investment-type wealth management products/insurance policies with a surrender amount. Top-up deposits ratio is 7:3	3 Months Fixed Deposit Bank Statement of RM1.5 million Shares/investment-type wealth management products/insurance policies with a surrender amount. Top-up deposits ratio is 7:3
Proof of Income	Monthly offshore income of RM40,000 and above	Monthly offshore income of RM40,000 and above
Upon Application Is Approved
Deposit Amount	Fixed deposit of RM1 million	Fixed deposit of RM1 million
Amount can be withdrawn after 1 year	Withdrawal of RM500,000 for housing, education or medical care	Withdrawal of RM500,000 for housing, education or medical care

 

Main Applicant’s Age	Age 35-49 Years Old	50 Years Old & Above
For each additional family member (spouse/ child/parent/ parent-in-law)	An additional RM50,000 Fixed Deposit per dependant is required and cannot be withdrawn until the second home visa is cancelled	No requirement
Others
Residency Requirements	The main applicant and the spouse must accumulate more than 90 days stay per year	The main applicant and the spouse must accumulate more than 90 days stay per year
Visa Fees	RM 530 per annum	RM 530 per annum
MM2H Application Fee	Main applicant: RM5,000 Dependant: RM2,500 (per person)	Main applicant: RM5,000 Dependant: RM2,500 (per person)
Medical Insurance	Required	Required. Exemption for those over 60 years old

 

Offshore Income

IF The applicant is unable to meet the RM 40,000 Off shore income, he/she may submit income from spouse to support the application however, the applicant’s income should exceed the spouse with a ratio of 7:3.

The applicant who declares that he / she is employed, is not permitted to use other sources of income such as rental agreements, investment benefits and others as sources of income, instead the applicant must submit the salary slip and bank statement as proof of an offshore-income.

applicant is required to provide both salary slip and three months of current bank statement as an evidence of salary credit by the employer.

 

Note:

• Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.
• Participants need to obtain prior approval from the government 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.

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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.

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Medical Insurance

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

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Restrictions

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.

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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 applicant’s 5 years visa.