New and Improved MM2H

HMAN

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silver plan is affordable. if don't want to sink in with property investments , just keep the money in fixed deposit with interest as low risk passive income.
 

evilduxy

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song bbfa can finally live the dream of 1:3.5 n spend on my xmm liao
 

charlieangel123

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Sarawak gals quite pretty u know ... and very cute one

Office got 1 last year went back home for CNY, during CNY eve, from her bedroom window can see fireworks, she also never forget me, send me pictures while she lying on her bed watching fireworks ...... :o
she hinting you to join her at her bed lah
 

Laguna123

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Yes. Effectively only need MYR 250k or SGD 72k to maintain after 1 year.

This has the effect of more Singaporeans buying up or renting Malaysian property for retirement.

Positive news for me :)
Mean the SGD72k cannot be withdraw at all? Unless we leave MY?
 

roz_sid

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

what does this means? also if go in as a family using silver. means all must have the $ in or jus 1 person enof?
 

kitsura

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Sarawak gals quite pretty u know ... and very cute one

Office got 1 last year went back home for CNY, during CNY eve, from her bedroom window can see fireworks, she also never forget me, send me pictures while she lying on her bed watching fireworks ...... :o
The few I know don’t speak Chinese only English and their own dialect.
 

Nemesis_lane123

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What I forsee is that many Singaporeans will aim for silver. One shot all move there then up suddenly all the JB prices then kb 'wa JB so ex', jia lat jia lat ah.

Then 1 x change of govt roti prata will hoot all of them jia lat jia lat then they will come b here n tell u dun invest in MY.

Rinse n repeat. The story continues.
 

tyr9292

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this is not very useful to sinkies, they are trying to attract those rich chinese to bring their funds over

at first glance looks good... the track record is another thing. sure, some will really shift funds over to try, but it will not be a big hit as expected
 

TimsTom

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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
For me i think i need a Bronze tier. :frown:
 

kuti-kuti

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U buy property but the silver valid for only 5 years, if they don't approve renewal how?
 

kage

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she hinting you to join her at her bed lah
I actually wanted to itchy mouth disturb her say, how i wish i am lying next to u watch together, but due to some reasons, i don't intend to develop further with her, so i never say.

Then next few days her CNY visitings, she also whatsapp picture me. Then also show me her family members pictures also.
 

kage

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The few I know don’t speak Chinese only English and their own dialect.
Are they chinese?

Normally their dialect is hakka? the gal i knew Speaks chinese, english, malay.

Ipoh gal i knew speaks hakka and cantonese
 

yobyella

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For me i think i need a Bronze tier. :frown:

I dont need any. Still in and out Jb almost every week. No need to purchase any property and can still drive those beautiful and AFFORDABLE cars in Msia. Oh ya. Can still live in JB. But for most, still safer for u guys to apply MM2H. Esp those who intend to live Jb and work in Spore
 

yobyella

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silver plan is affordable. if don't want to sink in with property investments , just keep the money in fixed deposit with interest as low risk passive income.

True. Rm500k chip chip for most Sporean.
My pinay friend already so excited :eek:
 
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