Malaysia My Second Home (MM2H) - 2024 Tiers

Begin by determining which MM2H tier suits your financial profile and objectives. Review the fixed deposit requirements: RM 10 million for Platinum, RM 5 million for Gold, or RM 1 million for Silver. Also assess your monthly offshore income eligibility: RM 100,000 for Platinum, RM 40,000 for Gold, or RM 10,000 for Silver. Prepare all required documents meticulously. These include a valid passport with at least 24 months of remaining validity, recent passport-sized photographs with a white background, a detailed application form, a medical report from an approved hospital or clinic, a certificate of good conduct or police clearance from your country of residence, proof of offshore income (bank statements, pension slips, investment statements for the past 3 to 6 months), bank statements showing sufficient funds for the fixed deposit requirement, a detailed CV or personal background statement, and a letter of intent explaining why you wish to participate in the MM2H programme. All documents must be in English or Malay. Foreign-language documents require certified translations. Gather original documents and certified copies for submission.

While it is possible to apply for MM2H directly, engaging a licensed MM2H agent registered with MOTAC is highly recommended. Licensed agents are familiar with the application process, document requirements, and potential pitfalls. They can guide you through the entire process from document preparation to submission and follow-up. The agent will verify that your documents are complete and compliant before submission, reducing the risk of delays or rejection. If applying directly, you must ensure that you understand all requirements thoroughly and submit your application to the MM2H Centre in Putrajaya or through the nearest Malaysian embassy or consulate if applying from overseas. The MM2H Centre website provides detailed application guidelines and downloadable forms. Whether using an agent or applying directly, maintain copies of all submitted documents and keep your application reference number for tracking purposes.

Submit your complete application package to the MM2H Centre. The application includes all forms, supporting documents, and evidence of eligibility. Along with the application, you must pay the non-refundable processing fee. The fees are tiered: RM 5,000 for the main applicant for Platinum tier, RM 3,000 for Gold, and RM 1,000 for Silver. Additional fees apply for dependents: RM 2,500 per dependent for Platinum, RM 1,500 for Gold, and RM 500 for Silver. These fees are subject to change and should be confirmed with the MM2H Centre at the time of application. Payment can be made via bank draft or online transfer to the designated government account. Upon submission and payment, you will receive an official receipt and an application reference number. The application status can be tracked through the MM2H Centre's online system or by contacting the centre directly.

The MM2H Centre reviews your application for completeness and eligibility. This initial review ensures that all required documents are present and meet the programme's standards. Your application is then forwarded to various government agencies for verification, including the Immigration Department (for immigration history checks), the Royal Malaysian Police (for criminal background checks through Interpol and international databases), and Bank Negara Malaysia (for financial verification in certain cases). This vetting process is thorough and can take 3 to 6 months. The reviewing officers may contact you or your agent if additional information or clarification is required. It is important to respond promptly to any such requests. Delays in response can significantly extend the processing time. During this period, you can track your application status through your agent or by contacting the MM2H Centre with your reference number.

Upon successful vetting, you will receive an Approval-in-Principle (AIP) letter from the MM2H Centre. This letter outlines the conditions you must fulfil to finalise your participation in the programme. The primary condition is the placement of the required fixed deposit in a Malaysian bank account in your name. You have 6 months from the date of the AIP to place the fixed deposit. You must open a Foreigner Account (also known as an MM2H account) at any bank approved by the MM2H programme. Major banks such as Maybank, CIMB, Public Bank, RHB, and Hong Leong Bank have dedicated MM2H account services. The fixed deposit must be maintained for the duration of your pass. After one year, you can withdraw up to 50% of the principal amount for Approved Purposes including property purchase, medical expenses, education fees, and children's tuition. Upon confirmation of the fixed deposit placement, the MM2H Centre issues the final approval letter.

With the final approval and proof of fixed deposit placement, you can proceed to obtain your MM2H social visit pass. If you are outside Malaysia, present your final approval letter at a Malaysian embassy or consulate to obtain the appropriate entry visa. Upon arrival in Malaysia, report to the MM2H Centre or the Immigration Department with your passport and approval documents to receive the MM2H pass endorsement. The pass validity period depends on your tier: 20 years for Platinum, 15 years for Gold, or 5 years for Silver. You will also receive your i-Kad (foreign identification card) which serves as your official identification document in Malaysia. The i-Kad includes your photograph and MM2H pass details. After receiving your pass and i-Kad, you can fully enjoy the benefits of the MM2H programme including purchasing property, opening additional bank accounts, driving with a valid foreign licence or obtaining a Malaysian driving licence, and accessing healthcare and education services. Remember to comply with all pass conditions including maintaining the fixed deposit, holding valid medical insurance, and not engaging in any form of employment without a separate work pass.