MM2H Visa Permit Requirements

Before Approval

Applicants are required to comply with the following financial criteria upon successful submission of their MM2H application.

Age Liquid Assets Monthly Income House Option Fixed Deposit
50+ RM350,000 RM10,000 NIL RM150,000
50- RM500,000 RM10,000 NIL RM300,000

 

After Approval

Successful applicants are required to comply with the following financial Fixed Deposit placements upon receipt of the conditional approval letter from Malaysia Immigration Department.

 

Aged Below 50 Years

  • 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 or RM150,000 from second year on-wards and throughout stay in Malaysia under this MM2H Programme

Aged 50 Years and Above

  • Open a fixed deposit account of RM150,000
  • 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 children in Malaysia, medical purposes, rental, furniture, car purchase etc.
  • Participant must maintain a minimum balance of RM100,000 from the second year on-wards and throughout his/her stay in Malaysia under this MM2H programme.

 

Note:

  • Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) ony.
  • 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 RM 1 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 RM100,000 for over 50 & RM150,000 for under 50 respectively. This amount may not be withdrawn until the participants decide to terminate their participation in MM2H programme.

 

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.