MM2H

Applicants are required to show they have sufficient financial resources to live in Malaysia without seeking employment or other assistance from the government.

Applicants under 50 are required to show liquid assets above RM500,000 and a monthly income of over RM10,000 (equivalent).

Acceptable liquid assets for people over 50 include cash in the bank, bonds and securities.

All applicants have to make a Fixed Deposit based on their age, as follows:

i) MM2H Applicants aged below 50 years old:

• Must place a Fixed Deposit in a bank account in Malaysia of RM300,000
• Can withdraw up to RM150,000 for the purchase of house, medical insurance or children’s education expenses after the deposit has been placed for one year
• Applicants can use their car purchase grant to withdraw part of their Fixed Deposit after two years.
• Must maintain a minimum balance of RM150,000 from second year onwards and throughout stay in Malaysia under this programme.

ii) MM2H Applicants aged 50 years and above:

• Must place a Fixed Deposit in a bank account in Malaysia of RM150,000
• Can withdraw up to RM50,000 of the fixed deposit after one year to purchase of house, medical insurance or children’s education expenses.
• Applicants can use their car purchase grant to withdraw part of their Fixed Deposit after two years.
• Must maintain a minimum balance of RM100,000 throughout their stay in Malaysia under this programme.