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Financial Requirement

 

In order to increase the chance for approval of the application, applicants of the MM2H Programme should be able to show proof of their strong financial capability in liquid assets such as personal savings, investment, salary or pension 

 

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 while applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets.

 

The applicants do not have to open the Fixed Deposit account until they have managed to get 'Conditional Approval Letter'. Only upon receiving the ‘Conditional Approval Letter’ letter from the Malaysia Immigration Department, successful applicants required to comply with the following financial criteria:

 

 

Applicant Aged Below 50 Years Old

 

  • Open a fixed deposit account of RM300,000

 

Note: After a period of one year, participants can withdraw up to RM150,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. Participants must maintain a minimum balance of RM150,000 from second year onwards and throughout their stay in Malaysia under this programme.

 

Applicant Aged Above 50 Years Old

 

  • Open a fixed deposit account of RM150,000

OR

  • Show proof of monthly off-shore income of RM10,000 such as pension scheme et cetera.

 

Note: After a period of one year, participants can withdraw up to RM50,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. Participants must maintain a minimum balance of RM100,000 from the second year onwards and throughout their stay in Malaysia under this programme.

 

*The applicants do not have to open the Fixed Deposit account until they have managed to get 'Conditional Approval Letter'. In the event participants of the MM2H Programme decided to terminate their stay in Malaysia, they can withdraw their fixed deposit at anytime provided they get prior approval from the Ministry of Tourism.

 

 

Medical Report

 

All applicants and their dependants (spouse and children) are required to submit a medical report from any private hospital or registered clinic in Malaysia.

 

Medical Insurance

 

Approved participants and dependants (spouse and children) must possess a valid medical insurance policy which is applicable in Malaysia.

 

Restriction

 

The MM2H visa holders should not participate in activities that can be considered as sensitive to the local people such as political activities and missionary work and other activities deemed a threat to the security of the country