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MALAYSIA - Invest, Reside & Retirement Paradise !
# Friendly Peaceful Multi-Racial English Speaking Citizens
# Tropical Temperature Year Round 24 - 32 C Degree / Hill Resorts Even Cooler ! 12 - 22 C
# Miles & miles of Sandy Beach @ your Doorstep & Cool Hill Resorts - From 1 Hour Away ...
# No Natural Calamity - No Earthquake / Floods / Freak Weather - Tornado ...
# NO TAX on your offshore income !
# Quality Low Cost of living - From US$15 - US$25 Per Person Per Day
# One Month 2 Bedroom Service Apartment 3* - From US$600 Per Month, Beach 5 min away !
# Year Long 3 Bedroom Condominium Rental - From US$500 Per Month, Beach 5 min away !
# Good Modern Infrastructure - Roads / Air Links / Shops / Education / 1st Class Medical Facilities !
# Good Real Estate Investment Opportunity ... Prices Up & Up - Use Malaysia as your spring board !
# Asia 9th Best Place to Stay 2007/08 Georgetown-Penang / Kuala Lumpur - See ECA International Report
# Malaysia - A Quality / Peaceful / Friendly Place for you to Live, Reside & Retire !
GET A MALAYSIA - 10 YEARS MULTIPLE RE-ENTRY VISA + RENEWAL FOR LIFE !
You don't have to stay in Malaysia - You may come & leave Malaysia anytime. !
No Purchase of Property before or after MM2H Approval is required !
APPROVAL OF MM2H VISA IN 10 WEEKS !
The
Malaysia My Second Home program (commonly abbreviated "MM2H") is an international residency scheme enacted by the Government of Malaysia to allow foreigners to live in the country on a long-stay visa of initially of up to 10 (ten) years and then Renew for life depending on the validity period of the passport. To qualify for the program, applicants must meet certain financial and medical criteria. Successful applicants are then entitled to enter and leave the country on a largely unrestricted basis, and also benefit from other incentives aimed at making their stay in Malaysia more convenient. Certain restrictions may apply.
EFFECTIVE 1ST JULY 2008 - Applicants who purchase a home / homes more then RM$1 Million and 5 years earlier will not be required to open a Fixed Deposit of RM$300K or RM$150K to obtain the MM2H Status ... Applicants are ONLY required to open a Fixed Deposit of RM$60K to maintain their MM2H Status for Life.
Malaysian Government Support
Currently the Ministry of Tourism (MOT) is responsible for promoting MM2H, with approval of applicants and issuance of visas made directly by the Immigration Department of the Ministry of Home Affairs. A "MM2H One-Stop Centre" has been setup under the MOT and it is anticipated that all visa procedures will be transferred from the Immigration Department to the MM2H One-Stop Centre in 2008.
Eligibility
The program is open to all citizens of countries recognized by Malaysia regardless of race, religion, gender or age. Applicants are allowed to bring along their spouse and unmarried children below 18 years old. So far over 10,226 people worldwide have been approved for the MM2H visa (From year 2002 -2007).
MAIN APPLICATION REQUIREMENTS
Financial Requirement
Applicants below 50 years old are required to open a fixed deposit account in Malaysia of RM300,000 at any bank in Malaysia after MM2H approval status.
After a period of one year, the participant can withdraw up to RM240,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. A minimum balance of RM60,000 must be maintained from the second year onwards and throughout stay in Malaysia under this program.
Applicants 50 years old and above can either choose to:
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Open a fixed deposit account in Malaysia of RM150,000 at any bank in Malaysia ; OR
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Show proof of government pension or off-shore income of at least RM10,000 monthly
After a period of one year, the participant can withdraw up to RM90 ,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. A minimum balance of RM60,000 must be maintained from the second year onwards and throughout stay in Malaysia under this program.
Opening of Bank Fixed Deposit is after approval of MM2H and before endorsement of the MM2H Multiple Re Entry Visa into the MM2H applicant passport.
MM2H Applicants upon application are advise to show financial statements / liquid assets- cash, savings, current bank account, fixed deposit, bonds above RM$500,000 for those below 50 years old, RM$350,000 for those above 50 years old and RM$200,000 for those above 50 years old who are applying under Government Pension scheme of RM$10,000 per month. Also other proof of other assets, properties owned, business ownership, current employment will be very useful to ensure approval of the MM2H status.
CURRENT FIXED DEPOSIT RATES IN MALAYSIAN BANKS 3.70% + ( Sept 2008)
APPROVAL PERIOD : 10 WEEKS - FULL APPLICATION FORMS / RELEVANT DOCUMENTS TO BE SUBMITTED. Effective 1st July 2008 if MM2H applicants purchase a home / homes more then RM$1 Million & 5 years earlier, they will not be required to open Fixed Deposit of RM$300K or RM$150K upon MM2H approval. They ONLY will be required to open a Fixed Deposit of RM$60K to maintain their MM2H Status for life.
Medical Report
All applicants and their dependents (spouse and children) are required to submit a medical report from any private clinic or hospital in Malaysia.
Medical Insurance
Approved participants and dependents (spouse and children) must possess a valid medical insurance policy covering their stay in Malaysia.
PROGRAM BENEFITS
Participants of the program may enjoy the following incentives:
Property Purchases
Each participant is permitted to purchase residential houses at a minimum price above RM300,000 each in certain areas ( Kuching & Miri) of Sarawak, RM250,000 each in all other states of Malaysia. Upon selling there is No Property Gain Taxes ( Effective April 2007 ) .
MALAYSIA PROPERTY - PENANG / KL / JOHOR PROPERTY - PLEASE CLICK HERE
Import / Purchase duty free local assemble vehicle - Save up to 40% all taxes etc
Each participant is allowed to bring in a personal car OR to purchase a locally-assembled car without the need to pay import duty, excise duty and sales tax within 6 months of the endorsement of the MM2H Visa in their passport. ( Savings of up to 40% of local car sales value. ) Participants are only allowed to sell their imported / locally purchased car after 2 years by paying the prevailing duties.
Domestic Helper
Each participant is allowed to bring in one maid / domestic or employ a domestic helper subject to the prevailing guidelines of the Immigration Department of Malaysia. ( Existing maid / domestic helper base in the MM2H applicants present country can join the MM2H employer in Malaysia also.)
Identification Card
Participants may apply for state ID cards from the Immigration Department headquarters allowing them to pass immigration checkpoints into Malaysia as residents rather than foreign nationals.
MALAYSIA LIFESTYLE LINKS - Find out more on Malaysia Lifestyle / Local Prices - on Supermarkets, Department Stores, Electrical, Furniture, Furnishing, Pharmacist, Shopping Malls, Entertainment, Restaurants, Shows, Theater, Events, Clubs, Associations, Societies, News, Travel, Hotels, Resorts, Airlines, Education Institutions, Medical Facilities, Transportation, Telecommunication, ISP, Media, TV Stations, Banks, Stock Exchange & Etc.
CHECK OUT ALL THE MALAYSIAN SITES & LINKS HERE
 REASONS TO APPLY NOW FOR YOUR MM2H STATUS NOW
AHEAD OF YOUR RETIREMENT / AS A BASE FOR YOUR 2ND HOME - AWAY FROM COLD WINTER OR HOT SUMMER / A QUALITY & PEACEFUL ASIAN BASE TO STAY, DO BUSINESS & JUST ENJOY LIFE. GOOD INVESTMENT OPPORTUNITIES IN MALAYSIA DUE TO THE GOVERNMENT ECONOMIC PROGRAMS / STRATEGIC LOCATION IN ASIA, STABILITY IN MALAYSIA & ETC !
( Purchase of homes on / after approval of MM2H is not a requirement ! Staying in Malaysia after MM2H approval is not required you can come & leave Malaysia anytime ).
Applying for the MM2H program currently is very easy, no hassle, no educational requirement, examination & etc compare with other countries. Processing fees is very much cheaper also !
APPLY NOW ALSO WILL ALSO ENABLE YOU TO MAKE FULL USE OF YOUR FIXED DEPOSIT FUNDS RM$90,000 OR RM$240,000 TO PURCHASE FUTURE HOME AFTER 1 YEAR OF YOUR MM2H APPROVAL STATUS. (BALANCE RM$60,000 FIXED DEPOSIT WILL BE MAINTAIN TO ENSURE / GUARANTEE YOUR MM2H LIFETIME STATUS). | 
