MM2H has fixed USD account or equivalent Ringgit Malaysia Account to the fixed amount per category with the daily conversion rate of a commercial bank.
If the client applies for a partial withdrawal of the Fixed Deposit, the maximum withdrawal amount is 50% of the initial deposit. Does this 50% limit still apply?
Yes, the maximum withdrawal amount remains 50% of the initial deposit in Ringgit / USD. In other words, the approved withdrawal amount will remain at 50% of the initial Fixed Deposit, regardless of the expenses submitted. (Only applicable for property, education, medical & domestic travel (hotel, flight ticket, travel package etc))
Sole ownership by the main applicant.
Joint ownership with the main applicant as a partial owner, with dependents such as spouse, son, daughter, or parent.
The MM2H allows joint names for both main applicant and their dependents. (*** dependents name must in the conditional approval).
‘Special Economic Zone’ in MM2H context refers to the entirety of the Johor-Singapore Special Economic Zone (JS-SEZ), encompassing the local authorities of Majlis Bandaraya Iskandar Puteri (MBIP), Majlis Bandaraya Johor Bahru (MBJB), Majlis Bandaran Pasir Gudang (MBPG), Majlis Perbandaran Kulai (MPKU), Majlis Perbandaran Pengerang (MPP), and a portion of Majlis Perbandaran Pontian (MPPn)?
MM2H will follow to the relevant Government agency official announcement / gazette, but as for now, MM2H still waiting official announcement from MOF. Thus, we only focus on SFZ only now.
The initial MM2H pass is valid for 5 years or until the passport’s expiration, whichever comes first. Subsequent transfers and extensions are subject to the terms and conditions outlined in the conditional approval letter.
Yes. For main applicant, aged 50 or older, and all dependents exempt from the minimum stay requirement.
If main applicant entry program before 50 but turns 50 after few year, all dependents are exempted from fulfilling the minimum stay requirement.
Not allow at this moment. MM2H will review from time to time.
Participants are prohibited from selling the property within a 10-year period.
The 10-year period begins from the initial MM2H pass endorsement date.
Applicant can purchase the property either before the application of MM2H program or purchase the property after the MM2H pass endorsed but must purchase the property within ONE(1) year after MM2H pass endorsed. Immigration will issue 5 years MM2H pass or until the passport’s expiration, whichever comes first even If the applicant plan to purchase property after MM2H pass endorsed.
Immigration will random check and failure to meet the property purchase requirement may result in the revocation of the MM2H pass.
When does the MM2H renewal fee start?
After the initial 5-year period? Or after the entire approved duration of the MM2H program? Whether subsequent renewal subject to Immigration Processing Fee?
Upon the expiration of the entire approved duration of the MM2H program, subsequent renewals will be subject to the Renewal Fee only. No processing fee required upon renewal on the next cycle.
Will the MM2H accept the household register as an equivalent document to English-language marriage and birth certificates, particularly for applicants from South Korea and Japan?
Yes. Accept with documents certified by Malaysian Embassy abroad / Certified by their Embassy in Malaysia and endorse again in Malaysia Foreign Affairs.
When a person (traditionally the wife in many cultures) adopts their spouse’s family name, their previous surname, often referred to as the maiden name (or birth name for a gender-neutral term), is replaced. A married name, then, is the family name or surname adopted upon marriage.
Therefore, MM2H can simplify the document verification process by accepting documents that list the applicant’s name as it appears on their birth certificate and passport, regardless of any changes due to marriage.
In cases where the applicant’s name has changed due to marriage, the MM2H may consider additional supporting documents on a case-by-case basis to verify the applicant’s identity and genuine intent.