MM2H Benefits
House Purchase
Every participant is permitted to buy residential properties up to a value of RM600,000, depending on the state. There may be difference with certain states. Please be advised that the MM2H visa necessitates the acquisition of property.
Domestic Helper
Each applicant can apply for one maid, subject to the existing immigration department guidelines.
Education
Participants in the MM2H program are permitted to bring their unmarried children who are under the age of 31 as their dependents.
Tax
Remittance of offshore pension funds into Malaysia and any other foreign funds transmitted into Malaysia are exempt from taxation.
Business & Investment
Individuals are permitted to operate their own businesses; however, terms apply. In general, individual holders of MM2H visas are permitted to serve as directors of a business without the need for any local Malaysians; however, terms apply.
Working & Part-Time
Part-time employment is permissible for individuals over the age of 50, conditions applied
Others
- Tax exemption applies to imports of personal and household goods.
- Invest in unit trusts, share markets, and local businesses.
- Interest earned on fixed bank deposits is not subject to taxes.
- Under a renewable long-term visa, your parents and parents-in-law are allowed to join you as dependants.
- No protocol for exchanging currencies.
- No restrictions imposed on the movement of funds in or out of Malaysia.
- Instant local tax resident status according to MM2H visa.
MM2H Visa Permit
- 5, 10 & 20 year Social Visit Pass with Multiple Entry
- Compulsory 90 days stay per year between spouses
- Renewable after 5 years
- Main applicant needs to be above age 25.
