The MM2H program meets eligibility requirements and,
instead, applicants and their subordinates receive a multi-year, 10-year visa.
This permit is an effective residence and allows a successful applicant andfamily to stay in Malaysia.
Requests at the time of application
Applicants are required to demonstrate their ability in
Malaysia without finding a job or government assistance. Financial requirements
are as follows:
For applicants over 50 years
Proof of at least 500,000 MYR (125,000 USD) Bank Assets
Proof of income of not less than 10,000 MYR (USD 2,500) per month
Applicants 50 years and older
Proof of at least 350,000 MYR (85,000 USD) Bank Assets
Proof of income of not less than 10,000 MYR (US $ 2,500) per
month
Requests after approval
When an applicant receives a conditional letter of approval,
they must meet the following requirements:
For applicants over 50 years
Bank account must be opened with a minimum of 300,000 MYR
(USD 75,000).
A year later, the approved cost of purchasing a home, a
child's education in Malaysia, or for medical purposes can be up to $ 150,000
($ 37,500).
At least 150,000 MYR (US $ 37,500) must be retained under
the program from the second year and during your stay in Malaysia.
Applicants 50 years and older
A bank account must open at least 150,000 MYR ($ 37,500).
A year later, the approved cost of purchasing a home, child
care in Malaysia, or for medical purposes may be charged 50,000 MYR ($ 12,500).
At least 100,000 MYR ($ 25,000) must be retained in the
second year and for all stay in Malaysia under the program.
With the requirement of receiving a pension of at least
10,000 MYR ($ 2,500) per month, a participant may be exempted from deposit.
Procedure and deadline
The Ministry of Tourism and Culture is responsible for
reviewing all applicants. The immigration section will provide each successful
candidate a letter of approval.
After receiving a provisional letter, the applicant must
travel to Malaysia and meet the following requirements:
Open a bank account in Malaysia and make a deposit
Buy health insurance from any insurance company in Malaysia
Get a medical report from any private hospital or a
registered clinic in Malaysia
After submitting a prescribed savings certificate, health
insurance policy and medical opinion, an applicant may require an MM2H visa.
It is important to note that a visa does not allow the
holder to work in Malaysia and does not allow permanent residence.
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