The NEW & IMPROVED – Malaysia My Second Home Scheme (MM2H)
By Sujanna Rajendrah, Group Marketing
The re-introduction of Malaysia My Second Home (MM2H) - one of the most sought-after residential and retirement visas sparked a wave of optimism among foreigners aspiring to relocate or extend their stay in Malaysia
'Malaysia My Second Home' (MM2H) was first introduced in 2002, a program initiated by the Malaysian government that allows foreigners to live in Malaysia on a long-term basis. It was introduced to encourage people from other countries to stay in Malaysia by granting them a renewable multiple-entry social visit visa. Following the recently announced budget 2024, this program’s revised-relaxed requirements were released, making MM2H more attainable: Flexible Physical Presence, Path to PR & No Minimum Income.
New vs Old MM2H Program.
| Category & Requirements | Old Version | New Version |
| Minimum Fixed Deposit | Single Tier: 1Mil | 3-Tiers: Silver: RM500K Gold: RM2Mil Platinum: RM5Mil |
| Minimum Property Price by State | Kuala Lumpur & Johor: RM1Mil Selangor: RM500K |
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| Age Requirements | Minimum age of 30 | |
| Maximum Fixed Deposit Withdrawal of 50% Allowed After 1 Year Can Be Utilised for |
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| Permanent Residence | MM2H pass is not a permanent residence permit and does not guarantee getting PR. Applicant may apply for PR after at least 5 continuous years living in Malaysia. | Platinum category is eligible to earn PR status after obtaining MM2H pass. |
| Multiple Entry Visa (MEV) Validity Period | 5 Years | Silver: 5 years Gold: 15 years Platinum: Eligible for PR status |
| Required Days in Malaysia Per Year(Cumulative) | 90 Days | 60 Days |
| Dependent | Children (max 21y/o & single) | Children (max 35 y/o & single, parents & in-laws, over 60 y/o) |
*Source: https://mm2h.co/
Besides the ability to purchase a property, this program offers opportunities for education, the freedom to invest and engage in business activities, and tax incentives for importing personal vehicles or purchasing locally assembled cars. Here’s the further deep-dive of the 3-Tiered MM2H program:
| Category & Requirements | Silver | Gold | Platinum |
| Minimum Fixed Deposit | RM500K | RM2Mil | RM5Mil |
| Multiple Entry Visa (MEV) Validity Period | 5 Years | 15 Years | Eligible to earn PR status after obtaining MM2H pass |
| Age Requirements | Minimum age of 30 | ||
| Maximum Fixed Deposit Withdrawal of 50% Allowed After 1 Year Can Be Utilised for |
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| Required Days in Malaysia Per Year for Age 30-49 (Cumulative) | 60 days per year to be fulfilled by main applicant or spouse/dependents | ||
| Required Days in Malaysia Per Year for Age 50+ (Cumulative) | 60 days per year to be fulfilled by for main applicant and spouse | ||
| Dependents | Maximum child aged 35 y/o & single | ||
| Parents & In-laws | Allowed (must be aged 60+ y/o) | ||
| Medical Report | Required for each person | ||
| Medical Insurance | Required for each person aged 59 y/o & below | ||
*Source: https://mm2h.co/
How to apply for MM2H?
The MM2H Visa can be applied using two (2) channels:
A) Direct Application:
- Intention Letter for individual
- Resume of main applicant
- Applicant's Personal Documents (View list here)
- Form 1M.12 (social pass) with photo (blue background) for participant.
B) Licensed MM2H Agents
View the list of agents here.
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As a premium property developer, UEM Sunrise is dedicated in curating renowned properties in Malaysia's most affluent addresses that are perfectly tailored to meet the discerning lifestyle of expatriates residing in Malaysia. Here are some highlights of UEM Sunrise homes, that could be your second home in beloved Malaysia.
To learn more about UEM Sunrise’s properties, visit our customer care page or call us at 1800-888-008 (Malaysia Only) or 603-2711-8008 (International Line) and our Happiness Officers will contact you shortly.
Find your home, Find your happy.