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Financial Requirement

At Application

i. Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month.

ii. Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets
OR proof of government approved pension funds of ≥ RM10,000 per month.

[Liquid assets refer to cash, deposits, bonds, securities and trust funds]

iii. New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.

 

Upon Approval - aged below 50 years old

  • Open a fixed deposit account of RM300,000.00.

  • After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

  • Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme.

Upon Approval - aged 50 years and above

  • Can either choose to:

    - Open a fixed deposit account of RM150,000.00 ; OR
    - Show proof of monthly off-shore income of RM10,000.00 such as pension scheme.

  • Only applicants who are drawing from Government Approved Funds can be considered for the "Monthly off - Shore Income" criteria.

  • After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

  • Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme.

*Fixed Deposit Waiver

  • Applicants who have purchased and owned property bought at ≥ RM1 million in Malaysia may comply with a lower FD of RM 100,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.

 

Note

  1. Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.

  2. Participants need to obtain from approval from Ministry of Tourism before proceeding to withdraw the fixed deposit.

  3. Participants under this programme may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this programme. However, they must obtain prior approval from the Ministry of Tourism.

Medical Requirements

Medical Report
All applicants and their dependents (spouse and children) are required to submit a medical report from any private hospital / registered clinic in Malaysia.

Medical Insurance
Approved participants and dependents (spouse and children) must possess a valid medical insurance policy which is applicable in Malaysia.