The updated version of the Malaysia My Second Home (“MM2H”) program introduces a three-tier system: Platinum, Gold, and Silver. MM2H program participants will be categorized into different levels based on their qualifications.
The main changes in the third version of the MM2H program are as follows:
- A three-tier system has been introduced, with specific fixed deposit requirements: Platinum level (USD 1 million), Gold level (USD 500,000), and Silver level (USD 150,000). Previously, all participants were required to have a fixed deposit of at least MYR 1 million.
- The validity period of the Silver level MM2H visa remains 5 years, Gold level is increased to 15 years, and Platinum level is increased to 20 years.
- The offshore income requirement has been removed. Previously, applicants had to have at least MYR 40,000 in offshore income per month.
- The list of eligible dependents has been expanded to include unmarried children between the ages of 21 and 34, as well as parents and in-laws of the spouse.
- The previous requirement of a minimum MYR 1.5 million in liquid assets has been removed.
The current summary of the three-tier system is as follows:
Category | Silver Level | Gold Level | Platinum Level | Notes |
Minimum Age | Main applicant must be at least 25 years old | |||
Visa Validity | 5 years | 15 years | 20 years |
The visa can be renewed every five years after the original validity expires. |
Fixed Deposit | USD 150,000 | USD 500,000 | USD 1,000,000 | Up to 50% of the principal can be withdrawn for purchasing property, education, healthcare, and/or tourism activities in Malaysia. |
Participation Fee (One-time) |
RM 1,000 | RM 3,000 | RM 20,000 | Dependents are free |
Renewal Fee | Main applicant and dependents RM1,500 | Main applicant and dependents RM3,000 | Main applicant and dependents RM5,000 | |
Purchase of Residential Property | RM 1,000 | RM 3,000 | RM 20,000 | Purchasing property is mandatory. The property cannot be sold within 10 years unless upgraded to a higher-priced property. |
Minimum Property Value | Property value must be at least RM600,000 | Property value must be at least RM1,000,000 | Property value must be at least RM2,000,000 | Purchasing property is mandatory. The property cannot be sold within 10 years unless upgraded to a higher-priced property. |
Education and Healthcare Benefits | Yes | Yes | Yes | |
Tax Exemption on Fund Transfers | Yes | Yes | Yes | |
Work/Investment Business | Not allowed, must apply for relevant permits | Not allowed, must apply for relevant permits | Allowed for work and investment businesses | |
Foreign Domestic Workers | Not allowed | Not allowed | Allowed | |
Health Check | Yes | Yes | Yes | Applicable to the main applicant and dependents |
Transfer of MM2H Pass after Main Applicant's Death | Yes | Yes | Yes | Transferable to close relatives |
Eligibility for Permanent Residency | No | No | No | |
Eligible Dependents | 1. Spouse (husband/wife); 2. Biological children, stepchildren, or adopted children under the age of 21, and children between the ages of 21 and 34 who are unemployed or unmarried in Malaysia; 3. Disabled children confirmed by medical experts, no age limit; 4. Parents and/or in-laws; | |||
Minimum Residence Requirement | Must be fulfilled by the main applicant or dependents, with a minimum stay of at least 90 days per year |