MM2H programme is officially reactivated! After revising the long-stay visa programme, the Home Ministry of Malaysia has resume it to open for application.
As expected, there is a huge raise on the financial requirements. Below are the major updates:
1. No more age categorization on financial requirements (previously above & below 50 years old)
2. Monthly offshore income proof : MYR 40,000
3. Liquid asset proof: MYR 1,500,000
4. Fixed Deposit tagged under MM2H lien: MYR 1,000,000
5. Minimum stay in Malaysia per year: 90 days
6. Government processing fee: MYR 5,000 (principal), MYR 2,500 (dependent)
7. Visa fee: MYR 500 per year
8. Additional fixed deposit with dependent: MYR 50,000 per pax