Are you considering a long-term stay in Malaysia? The Malaysia My Second Home (MM2H) program is an excellent opportunity for foreign nationals to reside in this beautiful country with ease. With new updates in 2024, the program has become even more accessible and flexible. Here’s everything you need to know!
What is the MM2H Program?
The MM2H program is an immigration initiative by the Malaysian government that allows foreign nationals to live in Malaysia long-term. It offers multiple tiers, making it easier for individuals and families to choose an option that suits their financial capacity and lifestyle.
New Updates for 2024
The MM2H program now features four tiers:
Economy/Financial Zone
Silver
Gold
Platinum
Each tier has different requirements for fixed deposits, property purchases, visa durations, and residency obligations. One of the biggest changes is that proof of offshore income is no longer required, making it easier for many applicants to qualify.
Key Benefits of the MM2H Program
Long-Term Stay: Visa duration ranges from 5 to 20 years, depending on the tier.
Multiple Entry Visa: Enjoy the flexibility of traveling in and out of Malaysia.
Property Investment Opportunity: Property purchase is compulsory but allows for upgrading to higher-value properties over time.
Family-Friendly: Spouses, children, and even parents can be included as dependents.
Education & Healthcare: Dependents can study at Malaysian institutions, and participants have access to world-class healthcare services.
Basic Requirements
Fixed Deposit: Depending on the tier, a fixed deposit ranging from USD 32,000 to USD 1,000,000 is required.
Residency Commitment: Applicants under 49 must stay in Malaysia for at least 90 days per year, while those 50 and above have more flexibility.
Government & Agency Fees: There are one-time participation fees and agency service fees, depending on the selected tier.
Why Choose Malaysia?
Malaysia is known for its warm climate, affordable cost of living, friendly locals, and diverse culture. From modern cities like Kuala Lumpur to serene beach towns, the country offers a high quality of life at a fraction of the cost compared to Western countries.
How to Apply
Applying for MM2H is straightforward but requires proper documentation and compliance with government regulations.
If you’re ready to make Malaysia your second home, contact us today to get started!