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Financial Requirements under MM2H Program

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Here are the newly issued and currently being refined conditions for June 2024 by the relevant authorities:

Age : 25 years old and above

Application : exclusively through licensed MM2H Agents

Countries : Applicants must be from countries that have established diplomatic relations with Malaysia

Property Purchase : Applicants must purchase and own a house in Malaysia (property cannot be sold within 10 years)

Tax : Funds brought in, such as fixed deposits and offshore income, are eligible for tax exemption.

Permit Transfer: If the principal applicant passes away during the period, the MM2H permit can be transferred to a designated close relative.

The principal applicant may apply to bring the following dependents:

Spouse
Biological children / stepchildren / adopted children (under 21 years old)
Disabled children certified by a doctor (no age limit)
Biological/adopted/stepchildren who are unmarried or unemployed in Malaysia (ages 21 to 34)
Parents / parents-in-law
Foreign domestic helper (only for Platinum participants)

Applicant	Item	Platinum	Gold	Silver
Upon Application	Application Fee	RM200,000	RM3,000	RM1,000
		Application fee is a one-time payment only for the principal applicant. No application fee for dependents.
Upon Approval	Fixed deposit in Malaysia	Open a fixed deposit account of USD 1,000,000	Open a fixed deposit account of USD 500,000	Open a fixed deposit account of USD 150,000
		Successful applicants can withdraw up to 50% after 1 year for approved expenses relating to house purchase, medical, children's education, and tourism activities in Malaysia and medical purposes. Must maintain a minimum balance of 50% throughout his/her stay in Malaysia under MM2H program
	Property Purchase	purchase property above MYR 2,000,000	purchase property above MYR 1,000,000	purchase property above MYR 600,000
		The purchased property is prohibited from being sold within 10 years unless approved for resale to buy a higher-value property Non-compliance will result in the cancellation of the MM2H permit.
	Cumulative stay in Malaysia	Reside in Malaysia for at least a cumulative 90 days in a year *aged 25 to 49 years old, their residence in the country must be fulfilled by their principal, partners, or their dependents respectively.
	MM2H Pass	valid for 20 years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed	valid for 15 years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed	valid for 5 years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed
	Engagement in Business/Investment/Work	Allowed	Not allowed	Not allowed
	Medical Check-up	Medical Check-up at clinics or hospitals. Medical Insurance for age below 60 years old
Agency Fees Stipulated by MM2H Centre		RM70,000	RM55,000	RM40,000
Renewal Fee		RM5,000/pax	RM3,000/pax	RM1,500/pax
Processing Fee		Main Applicant RM5,000 and dependent RM2,500/pax

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Economic and Financial Special Zones Category

Age	21 years old or above
Fixed Deposit in Malaysia	Applicants aged 21 to 49 must have a minimum fixed deposit of USD 65,000 or more Applicants aged 50 or above must have a minimum fixed deposit of USD 32,000 or more. 1 year after approval, applicants may withdraw up to 50% of the fixed deposit amount for purchasing property, education, medical treatment, and domestic travel in Malaysia.
MM2H Visa Validity	valid for 10 years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed
Participation Fee	RM 1,000 Application fee is a one-time payment only for the principal applicant. No application fee for dependents.
Property Purchase	Currently, the only designated zone is the Forest City Financial Special Zone in Johor, Malaysia. Other zones for this category are under review. The minimum property price requirement is RM500,000. Applicants must purchase new property directly from the Forest City Development Company; properties purchased through agents or as resale properties do not meet the requirements. Participants are not allowed to sell the property for 10 years, except to upgrade (purchase a higher-value property).
Dependent	Spouse Parents and/or parents-in-law. Children, including stepchildren and adopted children (under the age of 21, or between 21 and 34 years old and not employed or unmarried in Malaysia) Disabled children (no age limit, with medical certification).
Minimum Annual Stay	Applicants must accumulate over 90 days of stay in Malaysia each year. Applicants aged 25 to 49 may meet this requirement through themselves or their dependents, calculated as 90 days per year, not as a cumulative total over multiple years.
Engagement in Business/Investment/Work	not allowed
Agency Fees Stipulated by MM2H Centre	RM 40,000