MM2H Terms & Conditions

Eligibility
The programme is open to all foreign citizens except those married to Malaysians and citizens of Israel, Serbia and Yugoslavia. The exclusion of foreigners married to Malaysians was made at the end of 2006. They are required to apply for a spouse visa.

All applicants are required to use the services of an approved government agent. Approved agents have the initials “MM2H” in the company name. Our associate company Home Grow (MM2H) Sdn Bhd is an approved agent for the programme. The initial application can be made without even coming to Malaysia. Once the letter of “conditional approval” is issued then the applicant will have to come to Malaysia to complete the remaining conditions

Finance/Income
The following sets out the financial criteria which depends on the age of the applicant. If a married couple apply the oldest person’s age decides the appropriate criteria.

It should be noted that the fixed deposit does not have to be placed until their visa application is approved. When it is approved the MM2H office issues a “conditional approval” letter. This letter, together with evidence of having complied with the remaining terms and conditions has to be brought to the immigration department before the MM2H visa can be chopped in the passport.

i) Applicants aged below 50 years old:

• Must open a fixed deposit account of RM300,000
• Can withdraw up to RM240,000 for the purchase of house, medical insurance or children’s education expenses after the deposit has been placed for one year.
• Must maintain a minimum balance of RM60,000 from second year onwards and throughout stay in Malaysia under this programme.

ii) Applicants aged 50 years and above:

• Have to place a fixed deposit account of RM150,000. (If they receive a government pension in excess of the equivalent of RM10,000 the requirement may be waived)
• Can withdraw up to RM90,000 of the fixed deposit after one year to purchase of house, medical insurance or children’s education expenses.
• Must maintain a minimum balance of RM60,000 throughout their stay in Malaysia under this programme.

Sponsor/Assistance
The agent will act as the sponsor. There is no need for any additional payment for this service.

Insurance Coverage / Medical Report
Applicants must possess a medical insurance coverage from any insurance company that is valid in Malaysia. This may be waived for older applicants who are denied coverage because of their age. All applicants are required to have a medical examination in Malaysia. Both these conditions are met after the letter of “conditional approval” is issued.

Education
Applicants are allowed to bring along their dependants (children) either not schooling or are schooling in primary, secondary or in any Institution of higher Learning. Dependants who are schooling are also required to apply for a Student Pass to continue their education in schools or Institutions of Higher Learning recognised by the government. Children have to be aged under 18 to be included under the MM2H visa programme.

Taxes
Successful applicants are bound by the policies, systems and regulations of taxes of this country however their overseas income will not be taxed in Malaysia.

Security Vetting
Approvals are given subject to security vetting clearance conducted by the Royal Malaysian Police.

Restrictions
Successful applicants are STRICTLY forbidden from the following:
* Being employed anywhere in Malaysia unless approved by the government.
* Participating in activities that can be considered as sensitive to the local people like political or missionary  activities.