|
Sortium work with recommended MM2H agents only. If you are interested to find out more, then please contact us today.
Malaysia My Second Home Programme is promoted by the Government of Malaysia to allow foreigners who fulfill certain criteria, to stay in Malaysia for as long as possible on a multiple-entry social visit pass.
The Social Visit Pass is initially for a period of ten (10) years, and is renewable.
Benefits
All approved applicants will enjoy special benefits approve by the Government for this unique program.
The benefits include:-
- You will receive a 10-year Social Visit Pass and Multiple-Entry Visa.
- After 10 years, it is renewable unless you violate the laws & rules of Malaysia.
- During these 10 years, you are free to stay in Malaysia and travel as often as you like with no restriction or minimum period of stay.
- You can import your car or purchase a new car (CKD/Locally assembled) Tax-Free. It is a great saving more than 36% (rate depends on car model and have to apply to relevant authorities within certain period).
- School going children (up to 21 years old) will be given student pass to further their study at international schools, private colleges and universities.
- You can bring in a maid from your country of origin or countries approved by the authorities of Malaysia after obtaining the approval from relevant authorities.
- You can be an investor and can actively participate in your own businesses in Malaysia subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors and permit needed.
- For housing loan, you can obtain up to 70% as compare to normal 60% for foreign applicants (subject to your credibility and bank rules).
- Under this programme, for those countries has a “Double Taxation Agreement” with Malaysia, your pension fund that is taxable in your country shall be tax-free if you stayed more than 182 days a year in Malaysia.
** It is not pre-requisite to own properties to qualify for this program, but you are encouraged to purchase as it is much cheaper as compared to other countries in the region and is good for investment. You are allowed to buy landed property and will be 100% Registered Owner of your properties.
Eligibility
It is open to citizens of countries recognised by Malaysia, regardless of race, religion, gender or age. The programme allows applicants to bring with them their spouses, parents and children. Foreign spouses of Malaysians and expatriates who wish to retire in Malaysia after expiry of their Employment Passes are also eligible to apply to stay in Malaysia on this programme.
Applicants are allowed to bring their spouses, unmarried children below the age of 21 and parents above the age of 60 as dependants.
|