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MM2H Requirements

ARE YOU QUALIFIED?

DO YOU QUALIFY? THE BASIC FINANCIAL REQUIREMENTS.

Required monthly income; required liquid assets (cash in bank) and the Fixed Deposit to be made after approval.

Age

Monthly Income

Liquid Assets

Fixed Deposit

Under 50

MYR 40,000

50 and Over

MYR 40,000

MYR 1,500,000

MYR 1,000,000

MYR 1,500,000

MYR 1,000,000

The above numbers are the official requirements. 

MM2H Eligibility

Income

Regardless of age, applicants must show they receive an average monthly income equivalent to MYR40,000 a month. If it is salary or pension then 3 months income have to be shown. If it's dividends then a longer period is required and it can be averaged out to show the effective monthly income. Rental income is also acceptable although they will check the period of tenancy agreement.

 

Liquid Assets

The government want to see that applicants have a reasonable amount of liquid assets. This has to be cash in the bank. As shown in the charts, the requirement for people aged 50 and over and people under 50 must have a liquid assets of  MYR1,500,000 

 

Fixed Deposit Rules

All applicants have to make a Fixed Deposit based on their age, as follows:

i) MM2H Applicants aged below 50 years old:

  • Must place a Fixed Deposit of MYR1,000,000 in a bank, in Malaysia.

  • Can withdraw up to 50% from a principal amount  for the purchase of house, car, medical insurance or children’s education expenses after the deposit has been placed for one year.

  • Can only withdraw the balance, with approval, after they exit the MM2H programme
     


ii) MM2H Applicants aged 50 years and above:

  • Must place a Fixed Deposit of MYR1,000,000 in a bank, in Malaysia.

  • Can withdraw up to 50% from a principal amount of the fixed deposit after one year to purchase of house, car, medical insurance or children’s education expenses.

  • Can only withdraw the balance, with approval, after they exit the MM2H programme.
     

Sarawak & Sabah (Requirements)

Sarawak and Sabah have different requirement than West Malaysia due to these states have their certain of their own autonomy. 

It's divided into Marital Status and requirements are monthly income, liquid assests and fixed deposit. 

Marital Status

Monthly Income

Fixed Deposit

Married

MYR 10,000

MYR 300,000

Single

MYR 7,000

MYR 150,000

Fixed Deposit Rules​​

  • Fixed deposits in local banks from MYR 150,000 for a single individual to MYR 300,000 for couples or Pension Funds of MYR 10,000 (couple) and MYR 7,000 (single)

  • OffShore Income of MYR 10,000 for couples and MYR 7,000 for a single individual (latest 3 months Govt approved pension funds)

  • Maintain fixed deposit of MYR 180,000 for couples and MYR 90,000 for a single individual 

 

For age under 50​​

You will need special reasons to qualify

  • If your children is attending a School in Sarawak or Sabah depending where you applied.

  • A long-term health treatment program under the supervision of government authorized physician.

  • The requirement to invest in real properties specifically for residential purposes with a total amount of at least MYR 600,000 (Kuching) or MYR 500,000 (Elsewhere in Sarawak or Sabah depending on where you applied) applies only to applicants who are between 40 and 50 years old.

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