Both the Malaysia My Second Home Program and the Premium Visa Program allow foreigners who meet specific requirements to stay in Malaysia with a 10-year multiple-entry visa.

The minimum investment is MYR 1 million (approximately USD 230,000), with a processing time of 3 to 6 months.

More Information About Malaysia’s Investor Visa

Malaysia My Second Home (MM2H) is undoubtedly one of the world’s most popular investor visa programs.

More than 35,000 cases have been granted since its inception in 2002. Although most applicants are from China, the program is also popular in Japan, Bangladesh, and the United Kingdom.

Malaysia’s MM2H Golden Visa scheme is open to all citizens. Applicants must have a minimum net worth of USD 125,000 and a monthly income of at least USD 2,500.

Each applicant must deposit a minimum balance of RM150,000 as a bank deposit if they are over 50 years old, or RM300,000 if they are under 50 years old, and the applicant will need a fixed deposit certificate.

However, after one year, a portion of this balance can be withdrawn for qualified purchases, such as real estate.

Malaysia MM2H – Real Estate Investment Program

Anyone participating in the Malaysia MM2H program is eligible to purchase real estate in Malaysia. There are minimum investment values, which vary according to the city and region.

For example, in Kuala Lumpur, an investment of 1 million MYR is required. Applicants can purchase an unlimited number of properties beyond the minimum investment value.

Obtaining Residency in Malaysia

Through the Malaysia My Second Home Program or the Premium Visa Program, the Malaysian government allows applicants and their families to live in the country.

Successful applicants receive a long-term multiple-entry visa in exchange for an investment in the country.

Advantages of Investing in Malaysian Residency

There are several benefits to Malaysia’s residency by investment program, such as:

• Low cost of living, a pleasant lifestyle, a strategic geographical location favorable for business, the Labuan offshore tax haven, few restrictions on capital flow, and a strong and stable economy.
• Malaysia also has double taxation agreements with various countries and there is no inheritance tax.
• Cosmopolitan and multicultural, with English as the official business language and widely spoken along with Malay and various Chinese and Indian dialects.
• International and world-class center for healthcare and education.
• Relaxed property laws for foreigners, with a minimum threshold of RM 600,000 per property in Kuala Lumpur state. This differs from state to state.

Malaysia: My Second Home Program Requirements

Foreign investors must meet the standards listed below to obtain residence authorization in Malaysia under the Malaysia My Second Home Program (MM2H) and receive a 10-year multiple-entry visa.

Applicants must do the following when applying for the program:

• You must be at least 35 years old.
• Demonstrate financial capability in Malaysia without seeking employment or government assistance, by providing documentation of offshore monthly income of at least MYR 40,000 (approximately USD 10,000).
• Provide proof of financeable assets worth a minimum of MYR 1.5 million (approximately USD 350,000).

After application approval, successful applicants:

• Must invest MYR 1 million (approximately USD 230,000) plus MYR 50,000 (approximately USD 12,000) per dependent spouse or child in a local fixed deposit account that will be maintained throughout their participation in the program.
• After the first year, parents can withdraw up to MYR 500,000 (approximately USD 115,000) for approved expenses, such as purchasing a house, their children’s education in Malaysia, or medical expenses.
• Must spend 90 days per year in Malaysia (this criterion applies only to the main applicant and their spouse; children, parents, and in-laws are exempt).

Premium Visa Program Requirements

Foreigners must meet the following qualifications to obtain residency in Malaysia under the Premium Visa Program (PVIP) and receive a 20-year multiple-entry visa, issued in five-year increments.

Applicants must do the following when applying for the program:

Demonstrate financial capability in Malaysia without seeking employment or government assistance, by providing documentation of offshore income of at least MYR 40,000 (approximately USD 10,000) per month.
Successful applicants must invest MYR 1 million (approximately USD 230,000) plus MYR 50,000 (approximately USD 12,000) per dependent spouse or child in a local fixed deposit account maintained throughout their stay in the program.
After the first year, parents can withdraw up to MYR 500,000 (approximately USD 115,000) for approved expenses, such as purchasing a house, their children’s education in Malaysia, or medical expenses.
A one-time application fee of MYR 200,000 (approximately USD 45,000) + MYR 100,000 (approximately USD 22,000) per dependent is required.
An approved applicant for the PVIP visa of any age can work and operate a business in Malaysia. He or she does not need to reside in Malaysia.

Frequently Asked Questions

What is the Malaysia My Second Home (MM2H) program?

The Malaysia My Second Home (MM2H) program offers successful investors and their qualified family members a renewable five-year multiple-entry visa.

What are the procedures for obtaining MM2H and PVIP visas in Malaysia?

Each qualified applicant will receive a conditional approval letter from the Malaysian Immigration Department. MM2H and PVIP visas do not allow their holders to work in Malaysia and do not grant permanent residency.

After submitting the MM2H or PVIP residence application to the Malaysian government and receiving initial permission, the client can go to the country to complete the remaining procedures (specifically, opening a Malaysian bank account and meeting medical requirements).

Then, full approval is granted, and the applicant and their family members receive long-term multiple-entry visas for Malaysia (10 years in the MM2H program and 20 years in PVIP). The entire process takes three to six months.

Both the first MM2H visa and the PVIP visa are valid for five years and can be renewed after that.

What are the investment criteria for the Malaysian residence program?

The applicant must make a fixed deposit placement of RM 1,000,000.
If the main applicant is between 35 and 49 years old, an additional fixed deposit of RM 50,000 must be made for each dependent.
After one year, a maximum withdrawal of 50% of the fixed deposit capital is allowed for healthcare, education, and property acquisition in Malaysia.

Can I add my family to my Malaysian residence petition?

Yes, the investor can include as dependents a spouse, civil union partner, children (biological/stepchildren/legally adopted) under 21 years of age and from 21 to 34 years of age (single and unmarried).

If the main applicant is between 35 and 49 years old, an extra fixed deposit of RM 50,000 must be made in addition to the RM 1,000,000.

What are the MM2H visa requirements?

The main applicant must have a minimum offshore monthly income of RM 40,000.
Proof of at least RM 1,500,000 in liquid assets.
Main pass holders and/or their respective spouses must stay in Malaysia for at least 90 days each year, or 450 days total in a five-year period.
The main applicant must be at least 35 years old.
A valid medical insurance policy from an insurer, which allows access to a private hospital.
A government processing fee of RM 5,000 (main applicant) and an additional fee of RM 2,500 per dependent.
An annual visa fee of RM 500 charged by the government.
Additional visa fees and bank guarantee/security deposit apply, with prices varying according to nationality.

Does my money need to stay in Malaysia for me to maintain my residency?

According to immigration law, after one year, a maximum withdrawal of 50% of the fixed deposit capital is allowed as approved expenses related to health, education, and property acquisition in Malaysia.

Are you interested in the opportunities Malaysia brings? Reach out to us for any support on this endeavour!