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January 30th, 2007

mm2h

Posted by aku-cintateman in Travel


MALAYSIA MY SECOND HOME CENTRE
                          (MM2H)

                         
Ministry of Tourism Malaysia,
                         
Level 23B, Menara Dato’ Onn,
                          Putra World Trade Centre,
                         
50695 Kuala Lumpur,
                          MALAYSIA.

                         
Phone:

                          From 8.00 a.m to 5.00 p.m (+8GMT)
          
                          +6 (03) 2693 7111
            +6 (03) 2696 3360/1/2/3/4

            +6 (03) 2696
3351/3   

                          Facsimile: +6 (03) 2698 8533

                          E-mail:
                          mm2h@motour.gov.my

Introduction
 
  Malaysia
My Second Home Programme is promoted by the Government of Malaysia to
allow people from all over the world who fulfil certain criteria, to
stay in Malaysia as long as possible on a social visit pass with a
multiple entry visa. The Social Visit Pass is initially for a period of
ten (10) years (depending on the validity of the applicants’ passport)
and is renewable.

   
  Eligibility
   
 

It
is open to all citizens of countries recognized by Malaysia regardless
of race, religion, gender or age. Applicants are allowed to bring along
their spouse and children (below 18 years old who is not married).

Foreigners
who are married to Malaysians are not eligible for MM2H programme but
may apply to stay in Malaysia under the Immigration Department’s "
Spouse Programme " or Long Term Social Visit Pass ( please refer to
website http://www.imi.gov.my )".

   
  Why Malaysia?
   
  Governmental support
   
  This
program is initiated organized and launched by the Malaysian
Government. It is, therefore, a program, that the Government will
continuously work to ensure its success.
 
   
  Standard of living
   
  Malaysia has one of the highest standards of living in the region with all the modern infrastructure and facilities in place.
   
  Cost of living
   
  Cost
of living is one of the lowest in Asia and will remain so for a very
long time. This is achieved through the Government’s efficient
monitoring of the economy in ensuring that inflation is kept low at all
times and thereby also the prices of goods and services.
   
  Weather
 

 

  The
weather is pleasant, warm and balmy with moderate rain throughout the
year, There are also highland residential areas and resorts with
permanent spring-like weather throughout the country.
   
  Infrastructure
   
  The
whole country is very well connected with up-to-date, modern road,
rail, air, and sea transportation systems. Public transport by buses,
taxis, trains and planes are comfortable, efficient and relatively low
in cost.
   
  Political stability
   
  The
ruling Government is the longest serving freely elected Government in
the world. It is a Government representing all the races, religions,
cultures etc. found in Malaysia. In fact, Malaysia is one of the most
politically stable countries in the world.
   
  Rule of law
   
  The
rule of law is one of the fundamentals in Malaysia’s constitution.
Everyone is subjected to the law and also equal before the law.
Malaysia practiced basically the British system of justice with an
independent reliable and dependable judiciary.
   
  Safety
   
  Statistics can proof that Malaysia is one of the safest countries in the world; its crime rate is relatively low.
   
  Religion
   
  Islam is the official religion of Malaysia but the constitution guarantees the right of people to practice other religions.
   
  Culture and language
   
  The
Malay language (Bahasa Melayu) is the national language of the country;
English is the second language but other languages can be freely used
and practiced. Similarly the Malay culture is dominant in the country
because the Malays are the dominant race in Malaysia and in the region.
But other cultures can be practiced very freely and there is a free
intermingling of different cultures.
   
  Food and Fruit
   
  All
the food of the world can be found here at very reasonable cost. With
so many races and cultures living together in harmony, it is
understandable that each race has picked up the best of each other’s
food and made Malaysia into Asia’s Food Paradise. Similarly the
tropical fruits of Malaysia are unique, exotic and available in
abundance practically throughout the year. It should be a real joy to
savour these fruits.
   
  Recreation/Entertainment
   
  The
country has everything for the family,-theme parks, jungle
trails/sports, water sports and one of the highest numbers of golf
courses – ratio or population.
   
  Shopping
   
  Most
of the items that tourists normally like to buy – perfumes, cosmetics,
watches, fountain pens, a long list of electronic goods, branded goods
etc. are completely free of tax. Quality goods from all over the world
are imported and are relatively low in price and sold throughout
Malaysia.
   
  Education
   
  The
country has one of the best-developed and quality educational systems –
both public and private. There are international schools of repute in
all major towns with English as the medium of instruction. There are
also private colleges and universities offering twinning programs with
other well-known universities and major colleges from throughout the
world. Therefore, it is the place for quality education from nursery
right up to the highest level of university education. It is already
becoming an educational centre of excellence for the region. Relatively
speaking, it is also the place to get quality international class
education at a very reasonable cost.
   
  Medical facilities
   
  The
country has a very efficient health system where medical services are
provided at nominal cost. Private doctors, clinics and also hospitals
of international standards are easily obtainable at very reasonable
cost. Malaysia is also becoming a centre for medical facilities in the
region.
   
 

Residence

   
  There
are quality residences – terrace houses, semi-detached, bungalows,
apartments and condominiums all over the country. There are also some
of the finest residences available in tourism zones – on beaches, near
jungles and near theme parks, recreational places and city centres.

Terms and Conditions
     Financial Requirement

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

    * Open a fixed deposit account of RM300,000.00.

    * After a period of one year, the participant can withdraw up to RM240,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

    * Must maintain a minimum balance of RM60,000.00 from second year onwards and throughout stay in Malaysia under this programme

ii) Aged 50 years and above

    * Can either choose to:
      - Open a fixed deposit account of RM150,000.00 ; OR
      - Show proof of monthly off-shore income of RM10,000.00 such as pension scheme.

    * Only applicants who are drawing from Government Approved Funds will be considered to have fulfilled the   " Monthly off - Shore Income " criteria.

    * After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM90,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes.

    * Participant must maintain a minimum balance of RM60,000.00 from the second year onwards and throughout stay in Malaysia under this programme.

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

      

     Medical Report
     All applicants and their dependents (spouse and children) are required to submit a medical report from any private hospital / registered  clinic in Malaysia.

     Medical Insurance
     Approved participants and dependents (spouse and children) must possess a valid medical insurance policy which is applicable in Malaysia.

     Restrictions

Participants under Malaysia My Second Home Programme are not allowed to work / be employed while staying in Malaysia.

In addition, they should not participate in activities that can be considered as sensitive to the local people and a threat to the security of the country.

APPLICATION
   

Please be informed
that effective 15 January 2007 , applications must be submitted by MM2H
licensed company or by individual applicant to the

Malaysia

My Second Home Centre.

Submission by unlicensed
companies or other individuals will not be entertained.

New
Applications

All applicants who wish
to apply to stay in

Malaysia

under Malaysia My Second Home Programme must submit the following documents:

1) Letter of Application
(Cover Letter)

- Personal background and
indicate your intention to join Malaysia My Second Home

- With whom you wish to
come ( single or with family)

- Briefly explain how you
will support your stay in

Malaysia

(financial capabilities)

- Which financial
criteria you wish to use ; either Fixed Deposit or monthly off-shore income
(for 50 years and above)

2) Two (2) copies of Form
IM.12 (Social Visit Pass Form)

3) Two (2) passport-sized
photographs

4) Personal bond (if
applicants appointed sponsors)

5) A certified copy of Passport
/ travel document (all pages)

6) A certified copy of a
Marriage Certificate (if accompanied by spouse)

7) A certified copy (s)
of birth certificate (if accompanied by Children)

8) Resume with 10 years
of working experience

9) Certified copy of
latest 3 months bank statement /other related financial document to indicate
the financial capability to support stay in

Malaysia

10) At least 3 months
certified copies of pay slip / pension slip / income statement etc.

Note :

1) Items 2-4 are also
required if accompanied by spouse and children as dependants

2) Dependants refer to
children aged below 18 years old and not married.

3) Participants from *selected countries who are
entering Malaysia with Tourist Social Visit Pass prior to approval of Malaysia
My Second Home programme are required to pay for Journey Performed Visa (JP)
(RM500) . The payment should be make to Immigration Department at Putrajaya
before they get endorsement of Malaysia My Second Home Sticker in their
passport.

4) Certification can be done by Notary Public
/ Commisioner of Oath / Government Official

5) The processing and approval
process will take 10 weeks from the date of submission of the application
(provided the documentation is complete )

* Only
applicants who are drawing from Government Approved Funds will be considered to
have fulfilled the " Monthly off - Shore Income " criteria.

 

 New
Application/Extension/Termination

 Opening Fixed Deposit Account
in Malaysia

 Social Visit
Pass Application Form IM.12
(Immigration
Department)

  Visa Application Form IM.47
(Immigration
Department)

 Medical Report Of Applicant
Form RB II

 Personal Bond

 

INCENTIVES Participants of Malaysia My Second Home Programme are provided
with various incentives to make their stay even more comfortable and enjoyable
in

Malaysia

.
The incentives provided are as follows : House Purchase

Each participant is
allowed to purchase up to two units of residential houses at a minimum prices
above RM250,000 each, depending on the location of the property.

Generally the minimum
price for the purchase of houses in

Malaysia

are as follows:

1) Above RM350,000 each
for certain areas in the state of

Sarawak

2) Above RM250,000 for
other states

Acquisition of Properties Tax Procedure for Sale of
Property
Bringing in Personal
Belongings
   Car Purchase Each
participant is allowed to bring in his/her own personal car OR to purchase a
locally-assembled car without the need to pay import duty, excise duty and
sales tax. Note:

1) ‘Personal Car’ is
referred to a car which was purchased by participant before joining the MM2H
programme.

2) Application of tax
exemption must be submitted to Ministry of Finance within 6 months from the
date of endorsement of

Malaysia

My Second Home sticker in the passport.

3) Participant only
allow to sell their imported/locally purchased car after 3 years stayed in the
programme.

4) The processing and
approval of Approved Permit will take 7 working days from the date of
submission ( if documents is completed ).

Exemption of Tax/Duty on One
Motorcar
Bringing in Personal Car With
Duty / Tax Exemption
Bringing in Second Vehicle Selling Car that has been
given Tax Exemptions
MMSH / 05 Form Conversion of Foreign Driving
License to Malaysian Driving License
Domestic Helper Each
applicant is allowed to apply for one maid subject to the prevailing guidelines
of the Immigration Department of Malaysia. Bringing Foreign Maid   Education

Applicants are allowed to
bring their children who under 18 years old and not married as their dependants
under this programme.

Children who intend to
continue their schooling in Malaysia are required to apply for a Student Pass
and should be insured throughout their stay under this programme.

Registering Children in
Private Colleges and Universities
   TAX

Participants
are bound by the policies, systems and regulations of taxes of this country and
they do not have exemption qualifications as granted to Diplomatic Missions in
Malaysia.

However, tax
exemption is given to pension remitted into Malaysia. Participants are required
to obtain the endorsement from the Authorities in their country of origin as to
the total amount of yearly pension received. A copy of this letter has to be
submitted in their application.

Informing Inland Revenue Board
(IRB) on Income Earned in Malaysia
   Information Download   To
download this information, right click on the Title and choose "Save Target As…"   Health and Well-being of
Participant
Bringing Foreign Pets Customer’s Consent Form (New) List of State Immigration
Office
Statistic of Approval Social
Visit Pass Under Malaysia My Second Home by Countries
   

You need to have an
Acrobat Reader or Adobe Acrobat or Adobe Reader to be able to view or/and print
these documents. Get it for FREE at www.adobe.com

 

http://mm2h.motour.gov.my/cms/index.php?n=en



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