Residence program MalaysiaGCI - Global Citizenship Investment
Residence Program Malaysia MM2H
Malaysia My Second Home (MM2H) Programme is promoted by the Government of Malaysia to allow foreigners who fulfill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass.
The Social Visit Pass is initially for a period of ten (10) years, and is renewable.
It is open to citizens of all countries recognised by Malaysia regardless of race, religion, gender or age. Applicants are allowed to bring their spouses and unmarried children below the age of 21 as dependants.
Applicants are expected to be financially capable of supporting themselves on this program in Malaysia.
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. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 500,000.
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 certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 350,000. For government pensioners, they can show proof of receiving pension of at least RM 10,000 per month.
Steps to apply:
STEP 1: PRE-SUBMISSION
Applicant need to apply via online on Check N track System http://mm2honline.motac.gov.my/
STEP 2: SUBMIT APPLICATION
Apply Through Our Lawyer and Partner from GCI Unit Malaysia
STEP 3: CONDITIONAL APPROVAL LETTER ISSUED
Conditional approval letter is issued to the approved applicant by the Immigration Unit, MM2H Centre.
STEP 4: ARRIVAL IN MALAYSIA
After receiving the Conditional Approval letter:
Open the required Fixed Deposit account in any bank in Malaysia for one-year period on an auto renewal basis
Purchase Medical Insurance in any insurance company in Malaysia /summit Medical Insurance that is applicable in Malaysia.
Obtain medical report from any private hospital or registered clinic in Malaysia
Fullfill Security Bond requirement (Direct Applicant only)
Once application completed, download the forms and attached together with required documents
STEP 5: SUBMIT REMAINING DOCUMENTS
Submit remaining documents to the Immigration Unit, MM2H Centre:
Submit Fixed Deposit certificate.
Submit Medical Insurance policy.
Submit medical report .
Submit stamped Security Bond (Direct Applicant only)
STEP 6: COLLECT VISA
Applicant can now collect the Malaysia My Second Home Visa.
The fee for Social Visit Pass is RM 90/year. Social Visit Pass will be given according to the validity of the passport (maximum 10 years).
Please take note of the following points:
Effective 9th January 2009, foreign citizens may apply to participate in MM2H program directly, without going through any other third party, OR may continue to use the services of MM2H agents licensed by the Ministry of Tourism and Culture, Malaysia.
After 1 year, participants aged 50 years and above need to maintain the minimum balance of RM 100,000 for every year of stay under this program and RM 150,000 for participants aged below 50 years.
Participant needs to sign the Consent Form as Customer’s Declaration to authorize the Bank to confirm the existence of the FD when required by the relevant Government Authorities which can be downloaded from our website www.mm2h.gov.my
All copies must be certified TRUE COPIES OF ORIGINAL DOCUMENTS by EMBASSY /HIGH COMMISSION / NOTARY PUBLIC / GOVERNMENT OFFICIAL / SOLICITOR / ADVOCATE / AUDITOR FROM ORIGIN COUNTRY.
Where original documents are not in English, translation must be done by a qualified translator.
Dependent(s) refer to spouse and children aged below 21 years old (maximum 6 months before reaching 21 years old, i.e. 20 years 6 months old) and not married, parent(s) aged 60 years and above.
All documents enclosed with the present application become the property of the Malaysia My Second Home Centre.
For Approved participants who are applying directly, each participant and dependent must submit the Security Bond:
The Security Bond must be stamped (RM 10.00) by The Stamping Office at Inland Revenue Board of Malaysia. The Security Bond can be in the form of a Cash/Bank Draft/Money Order made payable to the KETUA PENGARAH IMIGRESEN MALAYSIA .
The Bond can be withdrawn if the participant/ dependent decides to exit from the MM2H Program.
The processing and approval process will take 90 working days from the date of submission of the application (provided the documentation is completed)
Please be informed MM2H visa holder are not allowed to work or be employed while staying in Malaysia. Persons wishing to obtain employment visas should apply directly to Immigration Department of Malaysia.
For more information on how to obtain a residence permit in Malaysia, please contact us.
Our outstanding team of professional consultants has been carefully selected and works towards our company ethos:
Focused on you - our Client.
YOUR CHANCE FORA BETTER LIFE
Call us: +66 99091 8357
Contact through WhatsApp as well, or write a Email