Malaysia My Second Home (MM2H) Program: 6 Common Myths and the Truth
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1. Myth: The MM2H Application Process is Complicated and Time-Consuming
2. Myth: MM2H is Only for Retirees
3. Myth: MM2H Requires a Large Amount of Financial Proof
Truth : The financial requirements for MM2H vary by age but are not prohibitively high. For applicants aged 21 to 49, a fixed deposit of USD 65,000 is required, while those aged 50 and above only need USD 32,000. Additionally, once approved for the MM2H program, you can withdraw up to 50% of the fixed deposit principal for purposes such as purchasing a property, education, medical expenses, or travel in Malaysia.
4. Myth: MM2H Applicants Need to Give Up Their Original Nationality
Truth : The MM2H program does not require applicants to give up their original nationality. You can retain your current citizenship while enjoying long-term residency in Malaysia. This is a “second home” program designed to provide you with a comfortable living environment, not to replace your home country.
5. Myth: MM2H Applicants Need to Be Proficient in English
Truth : The MM2H program has no language requirements. Whether you are proficient in English or not, you can apply for the program. Malaysia is a multicultural country where Chinese is widely spoken, so language barriers are not a concern.
6. Myth : MM2H Applicants Cannot Invest in Property in Malaysia**
Truth : In fact, MM2H applicants can not only purchase property in Malaysia but also enjoy certain tax exemptions. Under the MM2H program, you can purchase property worth over USD 1 million, and while the property cannot be sold within 10 years, it can be upgraded (i.e., sold to purchase a higher-value property). Our company also provides professional property investment advice to help you find your ideal home in Malaysia.
MM2H Application Requirements
1. Age of Main Applicant
- 21 to 49 years old: A fixed deposit of USD 65,000 is required.
- 50 years old and above: A fixed deposit of USD 32,000 is required.
2. Eligible Dependents
- Spouse
- Unmarried children under 35 years old
- • Parents of both spouses
3. Certificate of Good Conduct (No Criminal Record)
- The main applicant, spouse, and dependents aged 18 and above must provide a certificate of good conduct.
4. Passport Validity
- The passport must have a validity of at least 24 months.
5. Fixed Deposit Requirements
- 21 to 49 years old: USD 65,000
- 50 years old and above: USD 32,000
- Once approved for the MM2H program, up to 50% of the fixed deposit principal can be withdrawn for purposes such as property purchase, education, medical expenses, or travel in Malaysia.
6. Property Investment
- Under the MM2H program, you can purchase property in Malaysia worth over USD 1 million. The property canbut can be upgraded (i.e., sold to purchase a higher-value property).
MM2H Application Process
1. Free Consultation
- We offer a free initial consultation to help you understand the details of the MM2H program and determine if you meet the eligibility criteria.
2. Payment of Deposit
- Once you decide to apply, a deposit is required, and we will begin assisting you with document preparation.
3. Document Preparation
- We assist you in preparing all necessary documents, including your passport, photos, marriage certificate, certificate of good conduct, children’s birth certificates, personal resume, and medical report.
4. Submission of Application
- We assist you in submitting the original documents to the Malaysia My Second Home government department.
5. Approval
- Once your application is approved, you will receive the MM2H visa.
6. Opening a Bank Account
- We assist you in opening a bank account in Malaysia and depositing the required fixed deposit.
7. Reporting Procedure
- The main applicant and dependents must enter Malaysia within 3 months to complete the reporting procedure.
8. Visa Issuance
- Congratulations! You and your family are now officially granted the Malaysia My Second Home visa and can begin enjoying life in Malaysia.
Why Choose Us?
As a one-stop property purchase and relocation service platform in Malaysia, we not only provide professional MM2H application services but also offer comprehensive support, including:
- One-on-One Professional Consultation: We tailor the application process to your needs, ensuring a smooth approval.
- Document Preparation and Submission: We assist you in preparing all necessary documents and ensure they meet government requirements.
- Bank Account Opening and Medical Check-Up: We assist you in opening a bank account in Malaysia and arranging necessary medical check-ups.
- Property Investment Advice: We provide the latest property market information to help you make informed investment decisions.
Whether you are looking to relocate to Malaysia or invest in property here, we offer the most professional services. Contact us today to start your Malaysia My Second Home journey!
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