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Upon application
- Applicants aged below 50 years are required to show proof of liquid assets
worth a minimum of RM500,000 and offshore income of RM10,000 per month.
- Applicants aged 50 and above may comply with the financial proof of RM350,000
in liquid assets and off shore income of RM10,000 per month. For those who have
retired, they are required to show proof of receiving pension from government
approved funds of RM 10,000 per month.
- New applicants who have
purchased properties worth
at least RM 1 million
qualify to place a lower
fixed deposit amount upon
approval.
Successful applicants are required to comply with the following financial
criteria upon receipt of the `conditional approval letter' from Immigration
Department of Malaysia..
Upon Approval : Aged Below 50 years old
- Open a fixed deposit account of RM300,000.00.
- After a period of one
year, the participant can
withdraw up to RM150,000.00
for approved expenses
relating to house purchase,
education for children in
Malaysia and medical
purposes.
- Must maintain a minimum
balance of RM150,000.00 from
second year onwards and
throughout stay in Malaysia
under this programmed.
Approved participants who have purchased and owned property which were bought at
RM1 million and above in Malaysia may comply with the basic fixed deposit requirement
of RM 150,000. This amount may not be withdrawn until the participant decides to
terminate his participation in MM2H programme.
Upon Approval : Aged 50 years and above
- Can either choose to:
- Open a fixed deposit account of RM150,000.00 ; OR
- Show proof of government approved pension funds of RM10,000 - After a period of one year, participant who fulfills the fixed deposit
criterion can withdraw up to RM50,000.00 for approved expenses relating to
house purchase, education for children in Malaysia and medical purposes.
- Participant must maintain a minimum balance of RM100,000.00 from the second
year onwards and throughout his/her stay in Malaysia under this
programmed.
Approved participants who have purchased and owned property which were bought
at RM1 million and above in Malaysia may comply with the basic fixed deposit
requirement of RM 100,000. This amount may not be withdrawn until
the participant decides to terminate his participation in MM2H
programmed.
Medical Report
All applicants and their dependants are required to submit a medical report from
any private hospital or registered clinic in Malaysia.
Medical Insurance
Approved participants and their
dependants must possess valid
medical insurance coverage that
is applicable in Malaysia from
any insurance company.
However, exemptions may be given
for participants who face
difficulty in obtaining a
medical insurance due to their
age or medical condition.
Security Bond
Direct Application only
Applicants applying directly are
required to fulfill the security
bond condition. Please refer to
Personal Bond for rate per
person by nationality, ranging
from RM200-RM2000.00.
Personal Bond
Application Through Agent
Licensed companies are required to provide the personal bond for their clients
who have been approved under the MM2H Program.
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