Malaysia My Second Home Programme is promoted by the Government of Malaysia to allow citizens of other countries to retire & reside in Malaysia with their dependents (spouse, unmarried children below aged 21, parents and in-laws aged 60 and above) with a domestic helper, if required. Successful applicant will be granted a social visit pass for a period of 10 years (subject to the validity period of their current passport) which is renewable on expiry. MM2H Programme is open to citizens of all countries recognized by Malaysia regardless of race, religion, gender or age
Participants of Malaysia My Second Home Programme are provided with various incentives to make their stay more comfortable and enjoyable in Malaysia.
Please be informed that property purchase is not a pre-requisite for participating in MM2H programme. Any foreigner may purchase any number of residential properties in Malaysia, subject to the minimum rates established for foreigners by the different states. They start from RM500, 000 per unit for most states.
We advise buying homes which are already issued with certificates of fitness but if you intend to purchase from developers, ensure that it is a reputable company.
MM2H visa holders could invest in properties for future rental or capital gains via mortgages. Many local banks financial institutions are giving out loans at preferential rates between 70 % to 90 % loan margins for the first 2 units of residential properties invested in Malaysia and loan tenure up to age 70 years old.
Each participant is allowed to bring in his/her own personal car OR to purchase a locally-assembled car without the need to pay import duty, excise duty and sales tax.
Application to IMPORT a car from the participant’s country of citizenship must be forwarded to the Ministry of Finance within a period of six months from the endorsement date of Malaysia My Second Home (MM2H) social visit pass. The condition for such importation is that the MM2H participant should be the owner of the car for at least 6 months prior to obtaining the MM2H visa, as evidenced in the car registration document.
An Application to PURCHASE a new car made or assembled in Malaysia must be forwarded to the Ministry of Finance within a period of one year from the endorsement date of Malaysia My Second Home (MM2H) social visit pass.
Applicant could bring in a foreign maid or to hire a foreign maid locally to assist him / her in the daily household needs.
Applicants are allowed to bring their children who under 21 years old and not married as their dependants under this programme. Children who intend to continue their schooling in Malaysia are required to apply for a Student Pass and should be insured throughout their stay under this programme.
Participants could invest in Malaysia and set up business in accordance to the government policies & regulations.
Application is only applicable for participant aged 50 years old and above. Approval is subjected to the ability of the company concerned to show proof that the required skills or expertise are not available locally.
Import Permit is issued on a consignment basis. Owners are advised to familiarize themselves with the import regulations and comply with the conditions in the regulations.
MM2H visa holders could apply for tax exemption on import duties and taxes in respect of their personal belonging overseas other than items that are specifically classified under “luxury goods” (eg. Yacht, motorbike powerboat, motor home etc).Your foreign-sourced income or pension is not subject to tax if such income is remitted to Malaysia.
Mobile Number: +6012-9896690
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