MM2H
Malaysia My 2nd Home
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MM2H Frequently Asked Questions
Question 1 : Have to stay 90days per year?
1. Main Applicant aged 50 and above, there is no requirement to stay for 90days, and this and applies to Dependents.
2. Main Applicant aged 49 or below, they need to stay for 90days per year. Dependents have no age restriction and can be accumulate.
Question 2 : Compulsory to purchase property?
1. Can purchase property before or after approval letter.
2. If the property is purchased before obtaining the MM2H Approval Letter, it is considered as meeting the requirements, and a 5-year MM2H visa can be obtained during the visa period.
3. If the property is purchased after obtaining the MM2H Approval Letter, the immigration department may issue a 1-year MM2H Visa, and the applicant must purchase a property within 1 year. After submit Sales & Purchase Agreement, the immigration department will issue the remaining balance of the MM2H Visa.
Question 3: Can withdraw fixed deposit 50%?
1. For Silver, Gold, Platinum packages; property purchased 2 years or later before the MM2H visa issuance date, you can also apply for a withdrawal of up to 50% of the fixed deposit.
2. For Special Economiz Zone, property purchased 6 months or later before the MM2H visa issuance date, you can also get a withdrawal of 50% of the fixed deposit. The only property option for Special Economic Zone package is Forest City.
3. Withdrawal method requires proof of property sale & Ministry of Tourism approval to submit to the bank for withdrawal application.
Question 4: Approval Letter Validity Period?
1. The validity period for conditional approval has been changed from 6 months to 3 months.
2. If did not did endorsement within 3 months, a extension request must be submitted to the My Second Home Department, but approval depend on the specific circumstance
Question 5: Need Letter of Good Conduct?
1. Main applicant or dependents aged 18 or above are require to provide a certificate of no criminal record.
Question 6: Fixed Deposit in USD or MYR?
1. Fixed Deposit can be USD or equivalent to MYR.
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