Platinum
Platinum Category
| Criteria | Description |
|---|---|
| FINANCIAL REQUIREMENTS | i. Fixed Deposit (FD) of USD 1 million in any Malaysian financial institution licensed under the Financial Services Act 2013 [Act 758] or Islamic Financial Services Act 2013 [Act 759]. ii. Maximum withdrawal of 50% is allowed on the principal FD value after the approval granted as MM2H participant has been obtained for the purposes of purchasing a residence, education, medical and tourism activities in Malaysia. |
| PARTICIPATING AND PROCESING FEE (ONE OFF) + COMPANY'S SERVICE CHARGE | i. A participating fee of RM280,000 for every principal application (one-off). ii. No participating fees for dependents |
| PURCHASE OF RESIDENCE | i. Compulsory to purchase and own a residence after obtaining the approval as MM2H participant. ii. Value of the purchased residence should be RM 2 million or above. iii. Selling of the residence is not allowed for 10 years. However, the house can be upgraded (buying of a new residence) to a residence of higher value from the current property. iv. Failure to comply to any of the terms will result in the MM2H pass to be revoked. |
| MINIMUM LENGTH OF STAY | i. Be present / staying in Malaysia for 90 days (cumulative) in one year. ii. For participants between the age of 25 to 49 years old, the length of stay in Malaysia can be fulfilled by the principal and/or their dependents. |
| DEPENDENTS | Participant is allowed to bring dependents as follows: i. spouse (wife / husband); ii. biological children / stepchildren / adopted children below the age of 21 while those between the age of 21 to 34, must be unemployed and single while in Malaysia; iii. medically certified children with disabilities (no age limit); iv. parents and/ or parents in law; and v. foreign maid. |
| MM2H PASS | i. 20 years MM2H pass for a period of 20 years with Multiple Entry Visa (MEV) ii. For principal dan dependents iii. Renewable iv. The validity of the pass will depend on the validity of the participant's passport. v. If the validity of the participant’s passport expires before the end of the MM2H pass, the participant is required to renew the pass. |
| EDUCATION | Dependent/s (children) is allowed to pursue their education up to tertiary level in any Government- recognised higher learning institutions in Malaysia. Dependent/s (children) is allowed to use the existing MM2H or be given a Student Pass automatically. |
| MEDICAL | Long term medical treatment is allowed in Malaysia. |
| BUSINESS / INVESTMENT ACTIVITIES | Permissible. |
| CAREER OPPORTUNITIES | Permissible. |
| MEDICAL CHECK-UP | Compulsory to undergo medical checkup in panel clinic/ hospital appointed by the Ministry of Tourism, Arts and Culture for the principal and their dependents after receiving the approval to participate in the MM2H Programme. |
| CATEGORY SPECIALITY | Tax exemption on incoming funds such as FD. |
| CHANGE OF PRINCIPAL | In the event of death of the principal, the MM2H Pass of the deceased is transferable to the next-of-kin among the registered dependents. |
| TERMS OF RENEWAL OF MM2H PASS | • The pass can be renewed for every 5 years after the maximum years of the programme has been completed. • Applicants will need to produce the latest documents as follows: i. A copy of a valid passport ii. A copy of the latest medical report iii. Health insurance • Application for renewal needs to be submitted to the One Stop Centre, MM2H. • The fee for renewal pass is RM5,000 for principal and dependents. |