How to be a Successful Applicant

Successful applicants required to comply with the following financial criteria upon receipt of the `conditional approval letter ' from Malaysia Immigration Department.

i) Aged Below 50 years old (except Sarawak)

• Open a fixed deposit account of RM300,000.00.

• After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

• Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme.

• Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000.00. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.

ii) Aged 50 years and above (except Sarawak)

• Can either choose to: -

  • Open a fixed deposit account of RM150,000.00 ;

  • OR - Show proof of qualified monthly off-shore income of RM10,000.00 such as pension scheme.

• After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

• Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme.

• Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 100,000.00. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme.

iii) Applicant interested to stay in Sarawak

• Must be over 50 years old

• Single participant must have RM 7,000 in off-shore income and open a fixed deposit account of RM 100,000.00;

• Particiant with spouse must have RM 10,000 in off-shore income and open a fixed deposit account of RM 150,000.00

• No withdrawal of fixed deposit is allowed.

Note:

1 ) Successful applicants need to open their fixed deposits in Ringgit Malaysia (RM) only.

2) Participants need to obtain prior approval from Ministry of Tourism before proceed to withdraw the fixed deposit.

3) Participants under this program may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this program. However, they must obtain prior approval from the Ministry of Tourism.

B) Serious Intention

Applicant must demonstrate that they have a purpose in Malaysia, and the purpose CAN NOT be to seek employment in Malaysia. Participants under Malaysia My Second Home Program are not allowed to work / be employed while staying in Malaysia UNLESS you are qualified MM2H participants aged 50 and above with specialised skills and expertise that are required in the critical sectors then you can apply to work in sectors approved by the Government. Approved applicants are allowed to work part time and not more than 20 hours per week.

They can retire in Malaysia, invest and actively participate in business in Malaysia or accomodate for the children's education. As Aubella is convinced that our clients are seriously intended to participate in Malaysia My Second Home Program, we are willing to submit a personal bond as a guarantee to the Malaysian Government, to support the application of our clients. Of course, we will also assist our clients to prepare their individual documentations, to ensure conformity to the stated requirements of Malaysian Government.