What is MM2H?
Malaysia My Second Home, or MM2H, is an investment visa program that allows foreigners to reside in Malaysia. The Malaysian federal government initiated this program, open to citizens from countries recognized by Malaysia, irrespective of race, religion, or gender. The MM2H in Malaysia underwent significant changes in 2024, introducing a new three-tier system: Silver, Gold, and Platinum. Moreover, the requirement for offshore income and minimum liquid assets of RM 1.5 million ($335,700) under the previous version of the program has been removed.
Successful applicants for MM2H in Malaysia can live in the country with a valid pass that is renewable every five years after the expiry of the original duration. These passes vary depending on the MM2H tier. The pass validity is five years for the Silver tier, 15 years for the Gold tier, and 20 years for the Platinum tier. These extended stays recognize the MM2H program as a long-term visa in Malaysia that is available to foreigners. As the program’s key benefit, successful applicants receive a Social Visit Pass with multiple entry privileges.
Benefits of the MM2H program
In addition to the MM2H’s multiple-entry investor visa in Malaysia, participants enjoy various benefits and privileges, including:
- Property purchase: MM2H participants can buy residential properties in Malaysia. The minimum purchase price depends on the state. However, you may only purchase residential properties, which cannot be rented out unless the purchase is for a company.
- Tax exemptions: Participants of MM2H in Malaysia are subject to income tax only on earnings from local investments or the share market. Foreign income is tax-exempt, and there is no need to file a tax return in Malaysia for it. Additional tax exemptions include:
- Remittance of offshore pension funds and foreign assets into Malaysia;
- Interest earned from bank fixed deposits;
- Imported personal and household items;
- Immediate local tax resident status.
- Education: Children under 21 and unmarried can be brought as dependents and are exempt from needing a Student Visa to study in Malaysia.
- Domestic helper: Per immigration guidelines, MM2H participants of the platinum tier can apply for one domestic helper. For Chinese MM2H holders, the helper can come from China or approved countries like India. The helper must be between 21 and 45 years old.
- Business and investments: MM2H visa holders can establish private limited companies without needing a local partner (other conditions may apply). They can also invest in local companies, share markets, and unit trusts.
- Part-time employment: While full-time employment in Malaysia is not permitted under the MM2H program, participants over 50 can work part-time (subject to conditions).
- Other benefits: Additional perks for MM2H in Malaysia include no currency exchange controls, and parents or in-laws can join as dependents on a renewable long-term visa.
Requirements of Malaysia’s MM2H program
The MM2H in Malaysia has specific eligibility criteria for qualification. The general MM2H requirements in 2025 include the following:
- Age: MM2H in Malaysia has lowered the minimum age requirement for applicants to 25 from 30. Additionally, the maximum age for unmarried, unemployed children has been increased from 21 to 34. These changes make the MM2H visa in Malaysia more accessible to families with older children.
- Financial criteria: Applicants must demonstrate sufficient financial resources to support themselves in the country. MM2H in Malaysia has different financial requirements based on the MM2H tier availed:
- Silver: This tier requires a $150,000 deposit and a minimum property purchase of RM 600,000 ($134,280).
- Gold: This tier requires a $500,000 deposit and a minimum property purchase of RM 1 million ($223,800).
- Platinum: This tier requires a $1 million deposit and a minimum property purchase of RM 2 million ($447,600).
- Residential property purchase: A recent change in MM2H requirements in 2024 requires all participants to purchase a residential property in Malaysia. The property must be held for at least 10 years unless the applicant upgrades to a more expensive property.
- Medical requirements: Applicants must be insured with medical insurance coverage valid within Malaysia.
- Clean criminal record: This is a vital requirement in the Malaysia investment visa, which requires applicants to provide proof of good conduct from their country of nationality.
Investment in Malaysia
The MM2H is considered an investor visa in Malaysia due to the program’s investment requirements. Understanding that investment is crucial for foreigners considering the MM2H program. One essential investment requirement to qualify for the MM2H program is a fixed deposit in a Malaysian bank. To qualify for the Malaysia investment visa, applicants must have a deposit of $150,000 for the Silver tier, $500,000 for the Gold tier, and $1 million for the Platinum tier. Furthermore, real estate investment in Malaysia for MM2H is mandatory, and they are only allowed to sell the property for ten years if they upgrade to a more expensive property. The minimum property purchase is RM 600,000 ($134,280) for the Silver tier, RM 1 million ($223,800) for the Gold tier, and RM 2 million ($447,600) for the Platinum tier.
MM2H visa and residency
The Malaysia My Second Home program offers a long-term residency visa for eligible foreigners. However, an MM2H visa in Malaysia is not a Permanent Residence (PR) permit and does not guarantee eventual PR status, as obtaining PR involves another complex process. While MM2H in Malaysia provides a Social Visit Pass with multiple entry privileges for various purposes, including social visits, family visits, tourism, and business activities, participants may apply for permanent residency only after spending some time in the country and an MM2H visa in Malaysia can be a pathway towards it.
Applying for My Second Home program
Applying for the MM2H visa involves several steps, including document preparation, submission, and eventually receiving the long-term visa in Malaysia. Below is the detailed application process for MM2H in Malaysia.
Step 1. Gather required documents
In addition to the MM2H requirements, gather the essential documents needed for submission, including:
- Application letter: A cover letter listing the names of everyone applying for the MM2H in Malaysia. It should highlight essential details such as how you intend to sustain yourself in Malaysia and the financial resources you will use to cover your daily living expenses.
- Resume: The application for MM2H in Malaysia includes a resume with information on academic qualifications, work experience, and skills, as required.
- MM2H application form: Each applicant must submit a completed MM2H application form.
- Original and copy passport: Original and copies of the applicant’s passport, including the main page, visa page, and latest entry stamp.
- Passport photo size: Provide four colored passport-size photographs of each applicant.
- Letter of Good Conduct: Another crucial document to submit for MM2H in Malaysia is the Letter of Good Conduct, a document from your country’s government agency or police authority proving your clean criminal record.
- Financial documents: Submit certified true copies of the latest three months’ bank statements, income statements, or other relevant financial documents.
- Marriage certificate: Provide a certified true copy if applicable.
- Birth certificates: Submit birth certificates for children, adopted or stepchildren, and parents.
Step 2. Submit your application
Once all documents are ready, the application for MM2H in Malaysia is submitted to the Malaysian Immigration Department. The submission process can encounter bureaucratic challenges, so it is essential to follow each step carefully. Applicants can submit their applications through the MM2H online portal. If online submission is unavailable or chosen, the application must be submitted in person or via a representative to the Immigration Department of Malaysia Headquarters at the Ministry of Home Affairs. Moreover, you can submit your application through a licensed MM2H visa agent in Malaysia. They are familiar with the process and can assist with document preparation and submission. A visa agent in Malaysia can streamline the visa application process by submitting and processing documents on your behalf.
Applicants should ensure all documents are accurate and comply with current regulations, as the paperwork will be thoroughly reviewed for MM2H in Malaysia. Moreover, participation fees must also be paid during the submission, amounting to RM 1,000 ($224) for Silver, RM 3,000 ($671) for Gold, and RM 200,000 ($44,760) for Platinum. Dependents are not required to pay for participation fees. The Immigration Department will review your application for completeness and accuracy. This process may take several weeks. If your application is approved, you will receive a conditional approval letter.
Step 3. Travel to Malaysia
You must visit Malaysia within six months of receiving the conditional approval letter. Upon arrival, you must complete the remaining requirements, such as opening a bank account in Malaysia, completing a medical check-up, and submitting any additional required documents for MM2H in Malaysia.
Step 4. Receive the MM2H visa
After completing these steps, you can get your MM2H visa in person from the Immigration Department Office where you submitted your application. The visa will be sent to you by mail or courier if you are outside Malaysia.
Comprehensive assistance for your MM2H application in Malaysia
Applying for the Malaysia My Second Home (MM2H) program involves navigating legal requirements, making investments, and securing the correct visa. Our experienced team is here to guide you through the entire process, offering personalized support tailored to your needs. From understanding legal compliance to finding a suitable investment and securing your visa, we provide expert assistance to make your application smooth and successful. You can also email us at [email protected] for more detailed inquiries and specialized help. Contact us today to start your journey towards making Malaysia your second home!
Frequently Asked Questions (FAQs)
Where can I find the latest MM2H news?
You can find the latest MM2H news via the Malaysia My Second Home news at the official MM2H website.
Who is eligible for the MM2H visa in Malaysia?
Applicants aged 25 and above are eligible for the MM2H visa in Malaysia. However, aside from the age requirement, there are fixed deposit and property investment requirements. Financial stability is an essential eligibility factor for the MM2H visa in Malaysia.
What are common problems with the Malaysia My Second Home program?
The common problems with the Malaysia My Second Home program are the challenges in the application process, the length of approval times that often exceed one year, and the frequent changes in eligibility rules, which create confusion among potential MM2H applicants.
Does MM2H allow residency by investment?
Yes, the MM2H in Malaysia allows for residency by investment. Under MM2H, you can obtain a long-term multiple-entry visa to meet specific financial requirements, including a minimum property purchase. This program provides a pathway to long-term residence in Malaysia.
How do I get permanent residency in Malaysia?
You can get permanent residency in Malaysia with a valid long-term visa through the MM2H program. Although the MM2H visa is not a Permanent Residence (PR) permit and does not guarantee eventual PR status, you may be eligible to apply for permanent residency after a certain period of residence under MM2H in Malaysia.
What is the cost of the MM2H program?
The cost of the MM2H in Malaysia, aside from the required fixed deposit and property investment, is the participation fees paid by the principal applicant, which amount to RM 1,000 ($224) for Silver, RM 3,000 ($671) for Gold, and RM 200,000 ($44,760) for Platinum. Moreover, the principal and dependents must pay the renewal fee, which amounts to RM 1,000 ($224) for SIlver, RM 3,000 ($671) for Gold, and RM 200,000 ($44,760) for Platinum.
Did the Malaysian government recently update the MM2H program?
Yes, the Malaysian government recently updated the MM2H program. Recent changes include changing the age of eligibility from 30 to 25, introducing a new three-tier system (Silver, Gold, and Platinum), and removing financial requirements for offshore income and minimum liquid assets of RM 1.5 million ($335,700).
6 Responses
“The common problems with the Malaysia My Second Home program are the challenges in the application process, the length of approval times that often exceed one year, and the frequent changes in eligibility rules, which create confusion among potential MM2H applicants.”
Oh my God, approval times exceeding one year, is that still up to now the case?
Approval times for the MM2H program have historically been lengthy, and while there have been recent efforts to streamline the process, it’s still advisable to expect a potentially extended wait. Staying updated on recent policy adjustments can help, as some reforms have aimed at improving processing times.
So if I understand well, only after the permission I can purchase a house?
If so, how much time is allowed to do that?
Yes, you’re correct. With the MM2H visa, you typically need approval before purchasing property under the program guidelines. Once approved, there is no strict timeline by which you must purchase a house, so you can take the time you need to find the right property within the eligible categories.
Hello. Thank you for your kind clarification.
Can I buy two properties to meet the RM600,000 requirement for the Silver category? For example, let’s say I buy one property for RM 310,000 and another property for RM 300,000. Total RM 610,000. I will live in the first property for 6 months/year and the second property for 6 months/year.
Is this feasible?
Thank you for your assistance.
Regarding the Malaysia My Second Home (MM2H) Silver category, the program requires participants to purchase a single residential property valued at a minimum of RM600,000. Purchasing two separate properties to meet this requirement is not permissible under the current guidelines.