MM2H Requirements

• Open a fixed deposit account of RM300,000.
• After a period of one year, the participant can withdraw up to RM150,000 for approved expenses relating to house purchase, education for children in Malaysia, medical purposes, rental, furniture, car purchase etc.
• Must maintain a minimum balance of RM150,000 from second year onwards and throughout stay in Malaysia under this Malaysia My Second Home programme.

• Will either:
- Open a fixed deposit account of RM150,000 OR
 – If full Government Pension of RM10,000 income is shown then no fixed deposit is required.
• After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM50,000 for approved expenses relating to house purchase, education for childrenin Malaysia, medical purposes, rental, furniture, car purchase etc.
• Participant must maintain a minimum balance of RM100,000 from the second year onwards and throughout his/her stay in Malaysia under this MM2H programme.

• Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.
• Participants need to obtain approval from Ministry of Tourism before proceeding to withdraw the fixed deposit.
• Participants under this program may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this program. However, they must obtain prior approval from the Ministry of Tourism.
  New applicants who have purchased and owned residential property which has a PAID amount of RM1 million and above in Malaysia are eligible to apply for exemption from placing the full FD amount required of MM2H participants. They only have to comply with the basic financial requirement of FD of RM100,00 for over 50 & RM150,000 for under 50 respectively. This amount may not be withdrawn until the participants decide to terminate their participation in MM2Hprogramme.

• The purchased residential property may be a fully completed unit or one under construction. For any property purchased, applicants aged below 50 and those aged 50 and above must produce copies of payments made to developers, amounting to a minimum of RM1,000,000. This amount does not include legal fees, transfer fees, commissions and any other related payments
• The property must cost a minimum of RM1 million OR
• Several properties totalling RM1 million and above can be accumulated for this exemption
• Properties must have been bought in the last 5 years only

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 after Approval.

Medical Insurance

Approved participants and dependents (spouse and children) must possess a valid medical insurance policy, which is applicable in Malaysia. If any applicants are above 59 years old then this requirement is waived. This is also required after approval.