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Malaysia My Second Home Programme

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.

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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).

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.
  • 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.

Why Malaysia?

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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 standard 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.

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