New and Improved MM2H

magna_strike · Dec 17, 2023

Laguna123 said:
Where do I do the manual registration? Is it near the egate?how long it will take?

U must queue one time at the manual counters and ask for that. Then subsequently u should be able to use already.

magna_strike · Dec 17, 2023

marksnow44 said:
How come Malaysia PR so hard to get? SG massage ladies, construction workers also have PR.

Our country is open leg policy so of course lah.

Laguna123 · Dec 17, 2023

magna_strike said:
U must queue one time at the manual counters and ask for that. Then subsequently u should be able to use already.

Mean I go to the usual chop pp counter then ask the officer to help me with the registration?

Joe Mahmood · Dec 17, 2023

yobyella said:
New and improved MM2H: Platinum, gold, and silver categories introduced

KUALA LUMPUR: Tourism, Arts, and Culture (Motac) Minister Datuk Seri Tiong King Sing today announced the relaxation of the Malaysia My Second Home (MM2H) programme, introducing three new categories.

The revision opens the MM2H programme to people aged 30 years and above, with applications to be processed exclusively through licensed MM2H agents authorised by the Tourism, Arts, and Culture Ministry under the Tourism Industry Act 1992.

The programme is now divided into three categories: Platinum, Gold, and Silver, each with its own set of requirements.

Here is the breakdown of the categories:

PLATINUM

In the Platinum category, MM2H applicants must meet specific financial prerequisites, including a fixed deposit of RM5 million (USD1.05 million).

Applicants can withdraw a maximum of 50 per cent of the amount after a year to purchase properties valued at RM1.5 million and above, for healthcare, and for tourism activities in the country.

Platinum applicants must reside in Malaysia for a cumulative total of at least 60 days a year.

For those aged 30 to 49 years old, their residence in the country must be fulfilled by their principal, partners, or their dependents respectively.

This category of MM2H applicants is also eligible to apply for Permanent Resident (PR) status after obtaining their Platinum pass.

GOLD

Gold MM2H applicants must adhere to the set financial prerequisites, including a fixed deposit of RM2 million (USD420,800).

They are also allowed to withdraw a maximum of 50 per cent of the amount after a year to purchase properties valued at RM750,000 and above, for healthcare, and for spending on tourism activities.

Gold MM2H pass holders must reside in Malaysia for at least a cumulative total of 60 days a year.

For individuals aged 30 to 49 years old, their residence in the country must be fulfilled by their principal, partners, or their dependents respectively.

The Gold MM2H pass is valid for 15 years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed.

SILVER

Silver MM2H category applicants must have a fixed deposit of RM500,000 (USD105,000) as a financial prerequisite.

They can withdraw a maximum of 50 per cent of the amount after a year to purchase properties valued at RM750,000 and above, for healthcare, and for spending on tourism activities.

Silver MM2H pass holders must reside for at least a cumulative total of 60 days a year in Malaysia.

For individuals aged 30 to 49 years old, their residence in the country must be fulfilled by their principal, partners, or their dependents respectively.

The Silver MM2H pass is valid for five years, with Multiple Entry Visas (MEV) granted to the principal and dependents, and it can be renewed.

https://www.nst.com.my/news/nation/...latinum-gold-and-silver-categories-introduced

Hmmm...

yobyella · Dec 17, 2023

Joe Mahmood said:
Hmmm...

Kasi orang baru shiok sendiri

magna_strike · Dec 17, 2023

Laguna123 said:
Mean I go to the usual chop pp counter then ask the officer to help me with the registration?

Yes. But u need to fill out the online mdac card before u go register.

Laguna123 · Dec 17, 2023

magna_strike said:
Yes. But u need to fill out the online mdac card before u go register.

The one that says foreigner travel to MY need to fill up online? But I thought Singaporean no need to fill that?

Joe Mahmood · Dec 17, 2023

yobyella said:
Kasi orang baru shiok sendiri

I really don't understand what is their real agenda...if they want to make a good place for retirement or attract foreign talents or simply wants foreign revenue investment this is not it.

Bali is a more attractive place to retire and invest with USD18000 only..

magna_strike · Dec 17, 2023

Laguna123 said:
The one that says foreigner travel to MY need to fill up online? But I thought Singaporean no need to fill that?

I still fill that if Im going to use the egate. Doesn't cost anything and it's quick, rather than potentially being stuck at the egate instead

Joe Mahmood · Dec 17, 2023

Laguna123 said:
The one that says foreigner travel to MY need to fill up online? But I thought Singaporean no need to fill that?

Singaporeans no need to fill up the digital arrival card online...

Unless you want to use Egate in the future yes you need to register online and at manual counter at arrival hall

Shutterbox · Dec 17, 2023

Fixed deposit can out in usd currency?
Put in MYR sure lugi

lifeafter41 · Dec 17, 2023

Shutterbox said:
Fixed deposit can out in usd currency?
Put in MYR sure lugi

Might be possible if they have those multi currency thingy……
Then go for SGD currency instead…..

Joe Mahmood · Dec 17, 2023

Shutterbox said:
Fixed deposit can out in usd currency?
Put in MYR sure lugi

In Bali you can withdraw your fix deposit interest money on monthly basis, quarterly basis, half year basis or a year later with capital sum and interest.

Laguna123 · Dec 17, 2023

Joe Mahmood said:
Singaporeans no need to fill up the digital arrival card online...

Unless you want to use Egate in the future yes you need to register online and at manual counter at arrival hall

Mean I just register one time online then can use the egate?

Joe Mahmood · Dec 17, 2023

I think maybe for those rich people from Muslim countries especially in the middle east it would be of interest to them to take up that new MM2H program

Joe Mahmood · Dec 17, 2023

Laguna123 said:
Mean I just register one time online then can use the egate?

Register online first. Then arrive in JB arrival hall go to the manual counter inform the officer you have register online and wish to use the Egate. Officer will register you in their systems.

However, you can only use the Egate the second time you visit JB and must register online within 3 days before your arrival

galaxynote · Dec 17, 2023

platinum needs abt 1.45m sing dollars. that's a huge amt

Nimegen · Dec 17, 2023

galaxynote said:
platinum needs abt 1.45m sing dollars. that's a huge amt

Yeah, I think most people will go for Silver scheme. Only about S$145k.

Nimegen · Dec 17, 2023

Was discussing with hubby about applying for the scheme and retiring there but he says must wait for RTS to be up first as son still studying in Sg and car jams are still quite bad.

Just received my Practising Cert for the next 2 years so a pity if I quit now. Hopefully I can get my full reg in the next 2 years. Then can go back to locuming or work part-time when RTS is up and stay in JB. My 2 boys and hubby have to agree though.

yobyella · Dec 17, 2023

Joe Mahmood said:
I really don't understand what is their real agenda...if they want to make a good place for retirement or attract foreign talents or simply wants foreign revenue investment this is not it.

Bali is a more attractive place to retire and invest with USD18000 only..

They want to clear balance unsold units. Encourage Sporeans to live in JB so as to increase rental market income for their citizens as well. Business/sales in JB will boom

New and Improved MM2H

Banned

Banned

Greater Supremacy Member

Arch-Supremacy Member