What is MM2H?
What is MM2H?
MALAYSIA MY SECOND HOME
Visitors to Malaysia can stay in the country for up to three (3) months on a Single Entry Visa. For those who wish to stay longer or reside in Malaysia, they can join our Malaysia My Second Home (MM2H) program. This program offers eligible international participants a renewable social visit pass with multiple entry-visa into the country.
Having gone through several facelifts over the years since its launch in 2002, the current version of the MM2H Programme sees the introduction of 4 new categories—Platinum, Gold, Silver, as well as the Special Economic Zone/Special Financial Zone (SEZ/SFZ).
The final category has been added to attract investors interested in establishing themselves in the Special Economic Zone and the Special Financial Zone.
Each category comes with its own criteria and benefits for participants choosing to relocate to Malaysia. This revitalized MM2H programme looks to deliver an enhanced experience for prospective participants looking to make Malaysia their second home.
PROPERTY IN MALAYSIA
The Malaysian property market has been steadily appreciating each year. According to annual data from the National Property Information Center, property prices increased by 24.6% over the 10-year period between 2014 and the second quarter of 2024, with growth observed every year.
Simultaneously, since the third quarter of 2024, the Kuala Lumpur Property Index has been continuously rising. Favourable factors include the advancement of various large-scale construction projects and market stability, which help solidify the demand for properties and accelerate market recovery.
Therefore, as house prices rise due to various factors, it confirms the principle that ‘buying a house can preserve value’.
In fact, Malaysia’s property prices stand out among many Asian countries, with an expected annual growth rate exceeding 4.5%. Kuala Lumpur—the nation’s capital—and Penang are popular areas for property investment.
TYPES OF PROPERTY IN MALAYSIA
Malaysia is not just a Southeast Asian country; it is also a tourism and transportation hub in the region, as well as an education center in Asia.
Investment Properties
Malaysia property prices have enormous appreciation potential. This type of property mainly attracts investors whose primary purpose is investment. Given that real estate is a tangible investment, high-return investment properties are more readily accepted.
Education-oriented Properties
Education-oriented properties have suddenly emerged as an attractive property type for buyers in recent years. Parents often consider purchasing properties in school districts for the convenience of their children’s current or future overseas education.
Retirement Properties
Malaysia is an ideal place for retirement. This type of property has higher environmental requirements, including natural scenery and cultural care. It also has requirements for local medical conditions and convenience, as well as whether the holiday house design is suitable for the middle-aged and elderly.
Holiday Properties
Holiday properties are occupied for shorter periods, mainly for vacationing, leisure, relaxation, and family enjoyment. They are often located near mountains or seas and may have other supporting sports facilities such as golf courses.
MM2H Category & Requirements
| MM2H CATEGORY & REQUIREMENTS | PLATINUM | GOLD | SILVER | SEZ / SFZ AGE 21-49 (ONLY IN JOHOR) | SEZ / SFZ AGE 50+ (ONLY IN JOHOR) |
|---|---|---|---|---|---|
| FIXED DEPOSIT | USD 1,000,000 | USD 500,000 | USD 150,000 | USD 65,000 | USD 32,000 |
| MM2H TERM | 20 YEARS RENEWABLE | 15 YEARS RENEWABLE | 5 YEARS RENEWABLE | ||
| AGE REQUIREMENT | |||||
| COMPULSORY RESIDENTIAL PURCHASE | MINIMUM PROPERTY PRICE RM2,000,000 | MINIMUM PROPERTY PRICE RM1,000,000 | MINIMUM PROPERTY PRICE RM600,000 | ||
| PARTICIPATION FEE + COMPANY SERVICE CHARGE | RM280,000 | RM58,000 | RM45,000 | ||
| PROCESSING FEE | |||||
| MINIMUM DAYS IN MALAYSIA PER YEAR FOR AGE 25-49 | |||||
| MINIMUM DAYS IN MALAYSIA PER YEAR FOR AGE 50+ | |||||
| FIXED DEPOSIT WITHDRAWAL ALLOWED AFTER APPROVAL GRANTED | |||||
| DEPENDENTS | |||||
| PARENTS & IN-LAWS | |||||
| TAX EXEMPTION | |||||
| RENEWAL FEE | RM5,000 | RM3,000 | RM1,500 | ||