Malaysia My Second Home (MM2H) Programme is introduced by the Malaysian government to allow people from all over the world to live or retire in Malaysia on a long term basis. This programme transformed from the formally known “Silver-Hair Programme” which only applied to those who were 50 and above. The MM2H is now open to all citizens of the world and has no restrictions on race, religion or gender. You may participate in this programme alone or bring along your spouse, dependents and even your maid from your country.
MM2H visa is actually a Ten(10)-Year Social Visit Pass with Multiple Entry Visa, which is renewable every 10 years. It is a long-stay programme that allows the participants to live in Malaysia and not worry about their short term visa renewals. You are welcome to stay here for 365 days a year without having to leave the country because the MM2H Pass extension or renewal is possible during your stay in Malaysia.
Apart from having the opportunities to enjoy the good quality lifestyle and the unique values of Malaysia, the government is offering you who obtained the MM2H pass with attractive incentives to make your stay more comfortable and enjoyable in Malaysia:
There is no minimum stay requirement. You are free to enter and leave the country anytime.
Your parents who are over 60-year old will be eligible to live in Malaysia under a special 6-month social visit visa renewable as long as your MM2H pass is valid.
Your foreign-sourced income or pension is not subject to tax if such income is remitted to Malaysia, since Year of Assessment (Y/A) 2004. Only income earned within Malaysia is subject to taxation.
Any foreigner may purchase any number of residential property in Malaysia, subject to the minimum rates established for foreigners by the different states. Please refer to the Ministry’s webpage “Purchase a House” for details. Land is a state matter and it is important to check state laws before making any commitment, as the minimum purchase price is not standardized between states.
The table below shows the lowest value of property foreigners can buy with/without MM2H:
| STATE | THE MINIMUM THRESHOLD FOR FOREIGN RESIDENTIAL PROPERTY PURCHASE | WITH MM2H |
|---|---|---|
| Terengganu, Pahang, WPKL, Putrajaya and Negeri Sembilan |
RM1 million | RM1 million |
| Selangor | RM2 million (for Zones 1 & 2)
RM1 million (for Zone 3) |
RM2 million (for Zones 1 & 2)
RM1 million (for Zone 3)
|
| Johor | RM2 million (landed property in international zones)
RM1 million (strata title & landed properties within non-international zones, except for Medini) |
RM 1 million |
| Kelantan & Sabah | RM1 million | RM500,000 |
| Perak | RM1 million | RM350,000 |
| Kedah | RM600,000 (Kedah)
RM1 million (Langkawi) |
No minimum |
| Perlis | RM500,000 | RM1 million |
| Sarawak | RM500,000 | RM300,000 |
| Penang | RM2 million (island)
RM1 million (mainland) |
RM350,000 |
| Malacca | RM1 million (landed title)
RM500,000 (strata title) |
RM1 million (landed title)
RM500,000 (strata title) |
*Zones in Selangor
Zone 1 – Districts of Petaling, Gombak, Hulu Langat, Sepang and Klang
Zone 2 – Districts of Kuala Selangor & Kuala Langat,
Zone 3 – Districts of Hulu Selangor and Sabak Bernam
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Also, ensure that your lawyer does a thorough check with the local land office that you have ownership rights to any property that you are purchasing.
Application for the purchase needs to be forwarded to the Ministry of Finance within one year from the endorsement date of MM2H social visit pass.
Your children (below 18 years old) are allowed to study in a primary and secondary school in Malaysia by using MM2H pass. They are required to apply for “Permission To Study” from the MM2H Immigration Unit. If the dependents wish to pursue tertiary education, they have to terminate their MM2H dependent pass and apply for Student Pass.
Advanced medical facilities are widely available to you in Malaysia. Part of your medical needs will be covered under the compulsory medical insurance.
MM2H participants are allowed to invest and actively participate in business, subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors.
You are allowed to apply for one foreign maid subject to the prevailing guidelines of the Immigration Department of Malaysia.
MM2H participants will be exempted from paying excise duty and sales tax when buying new motorcar made or assembled in Malaysia.
For the import of one motorcar from your home country, it will be exempted from paying import duty, excise duty and sales tax. The application needs to be made by forwarding to the Ministry of Finance within 6 months from the endorsement date of MM2H social visit pass.
To confirm that your pet is allowed to enter Malaysia, a check has to be made with Veterinary Import Regulations.
Main Applicant (Age 50 & above) is allowed to apply for a Special Work Permit to work for 20-hr per week under the critical sectors, subject to the prevailing guidelines of the Immigration Department of Malaysia.
How do you qualify for MM2H? You may now proceed to this article to have a quick check if this programme is suitable for you. If you have any other questions, please complete and submit the form below, and we will reply to you accordingly.
Source: mm2h.gov.my, Joy-stay
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