Malaysia My Second Home Program (MM2H)
Updated on Thursday 17th October 2024
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Malaysia My Second Home Program (MM2H) is addressed to people who want to immigrate to this country, respecting certain conditions to obtain residency following the investments made. In the next lines, you can discover information about MM2H in Malaysia, stating that our Malaysian lawyers can help you with the procedures involved in the relocation process.
Who can access the Malaysia My Second Home Program and what are the conditions?
MM2H in Malaysia is accessible to all citizens worldwide. Malaysia My Second Home is an investment program dedicated to those who want to acquire residency in this country. There are certain eligibility criteria that applicants must comply with. Here are some of them:
- Citizens of 50 years or older must have a deposit of at least RM 150,000 (approx. USD 35,000) in their bank account to access Malaysia My Second Home program.
- Among the Malaysian Second Home requirements is a minimum deposit of RM 300,000 (approx. USD 70,000) for applicants up to 50 years old.
- RM 1 million is the minimum investment required in the real estate field. The condition applies to foreign applicants purchasing a property in Kuala Lumpur.
- A clear criminal record, health insurance, and proof of income of at least USD 2,500 per month is another condition.
- In the case of property acquisition, a Conditional Approval Letter and copy of the Fixed Deposit Certificate are required.
We emphasize in this case that MM2H in Malaysia is an investment program for obtaining residency. The citizenship of this country cannot be obtained through the Malaysia My Second Home visa. We advise you to contact our immigration lawyers in Malaysia and learn more about this investment program. Malaysia MM2H visa can be obtained with the support offered by our specialists in the field.
MM2H in Malaysia and its 3 tiers
Malaysia my second home program comes in three tiers as follows:
- Silver – residency is gained for a minimum deposit of RM 500,000 (approx. USD 116,000). Family members can't join the program.
- Gold - residency is provided in exchange for an RM 2 million deposit (approx. USD 466,000), with family members included.
- Platinum – RM 5 million (approx. USD 1.16 million) is the minimum deposit required. Permanent residency can be gained after living in Malaysia for 20 years.
Our Malaysian lawyers can direct you to the accessible programs for residency and explain the formalities for MM2H in Malaysia. We recommend specialized assistance to prevent the errors that are often related to the preparation of documents and registration with the relevant authorities in Malaysia.
Malaysia my second home program in Sabah and Sarawak
Sarawak and Sabah are two independent regions where Malaysia My Second Home program can be obtained in easier conditions. For example:
- Applicants can qualify for MM2H in Sarawak by having a fixed deposit of RM 150,000 (approx. USD 35,000).
- In Sabah, a fixed deposit of RM 200,000 (approx. USD 47,000) is required to join MM2H in Malaysia.
- One can buy a property in Sarawak or Sabah worth at least RM 600,000 (approx. USD 140,000) to get the Malaysia My Second Home visa. Residency in Malaysia is granted through this path.
Residency in Sarawak and Sabah is guaranteed for 5 years, with the possibility of extension. We advise you to work with our attorneys in Malaysia and learn more about the Malaysian Second Home requirements.
In addition to assistance for accessing MM2H in Malaysia, our specialists can also help you in other endeavors. For example, our corporate lawyer in Malaysia can represent you in commercial disputes, among others. Moreover, you can contact our specialists if you want to gain citizenship in Malaysia. Do not hesitate to get in touch with our law firm in Malaysia and get legal advice for the problems you want to solve.