Eligible participants must have a fixed deposit (FD) in any Malaysian financial institution licenced under the Financial Services Act 2013 [Act 758] or Islamic Financial Services Act 2013 [Act 759]. A maximum withdrawal of 50% is allowed on the principal FD value after the approval as MM2H participant has been obtained for purchasing residences, education, or medical and tourism related activities in Malaysia.
Category Fixed Deposit
Eligible participants would also need to pay a one-off participating fee, as outlined below.
Category Participating Fee (Per principal application)
MM2H participants aged below 50 years old are required to be present/stay in Malaysia for 90 days (cumulative) in one year.
It is COMPULSORY to undergo medical check-up in a panel clinic/hospital appointed by the Ministry of Tourism, Arts, and Culture for the principal and their dependants after receiving approval to participate in the MM2H program.
It is COMPULSORY to purchase and own a residence after obtaining the approval as MM2H participant. Selling of the residence is not allowed for 10 years, unless it is to upgrade the residence by purchasing one of higher value.
Category Value of Purchased Residence
Participants are allowed to bring dependants as follows:
Participants receive tax exemption on foreign funds or income, such as their fixed deposit (FD).
Long term medical treatment is allowed in Malaysia within the MM2H pass validity period.
The dependant or their children are allowed to pursue their education up to the tertiary level in any government-recognized higher learning institution in Malaysia.
The category below outlines which participants are allowed to conduct business/investment activities/career opportunities while in Malaysia.
Category Permission
The MM2H pass is renewable, and its validity will depend on the validity of the participant’s passport. If the validity of the participant’s passport expires before the end of the MM2H pass, the participant is required to renew the security sticker to be included in the new passport.
Category Validity
Before the maximum years of program has been completed
The MM2H sticker pass is renewable every five years or based on the participant’s passport validity. The fees involved in this renewal are:
| Type of Fee | Amount Fee |
|---|---|
| Visa Fee | RM0-RM50 depending on participant’s nationality. |
| Fixed Pass Fee | RM500 per year |
After the maximum years of program has been completed
The pass can be renewed for every 5 years after the maximum years of the program has been completed.Category Fee
Application for renewal will need to be submitted to the One Stop Centre, MM2H or the Immigration Department of Malaysia.
The MM2H pass is transferable to the next-of-kin among the registered dependants in the event of the death of the principal.