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MM2H Benefits

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All approved applicants will enjoy special benefits approve by the Government for this unique programme.

The benefits include:-

  1. All MM2H participants are entitled to purchase one duty-free car and must be locally assembled. Valid for one year upon the date of endorsement of the MM2H stickers. The second car onwards will be at the current market rate.
  2. MM2H participants can buy more than one unit of property but each must be valued above RM500,000.
  3. MM2H participants are given an I-card by the Malaysian government for their convenience when traveling around Malaysia.
  4. MM2H participants wishing to withdraw their from the Fixed Deposit accounts can do so after one year for the purpose of buying properties, children's education and medical expenses.
  5. A special counter is allocated for MM2H participants in KLIA.
  6. Qualified MM2H participants aged 50 and above are allowed to work in selected industries for not more than 20 hours per week.
  7. MM2H participants are allowed to invest and actively participate in business, subject to existing government's policies, regulations and guidelines.
  8. All MM2H participants will now enjoy a 10-year Social Visit Pass, subject to the validity of their passport.
  9. Employment Pass holders wishing to participate in the MM2H program are exempted from the "cooling off period" on the condition that their application to participate in the program is submitted three months prior to the expiry of their Employment Pass.
  10. MM2H participants can bring their unmarried children as dependents under the program provided they are aged 21 and below. They also can bring their stepchildren, disabled children and parents as dependents under the program.
IMPROVEMENTS ON MM2H (AS OF 13 FEBRUARY 2009)
  1. Qualified MM2H participate aged 50 and above with specialized skills and expertise that are required in the critical sectors of the economy are allowed to work on a part time basis.
    • The application is approved by the MM2H Special Committee.
    • The work contract needs to state that MM2H participants are working on a part time basis with work schedule attached.
    • Total number of work hours a week does not exceed 20 hours.
  2. MM2H participants are allowed to invest and actively participate in business, subject to existing government policies, regulations and guidelines which are in force for the relevant sectors.
  3. Foreign spouses of Malaysian nationals are eligible to apply for MM2H, subject to the terms and conditions of the MM2H program. Alternatively, they have the option to apply for the Spouse Program.
  4. The 10-year Social Visit Pass is extended to all Solver Hair and MM2H participants who were previously approved under the five-year Social Visit Pass, subject to the validity of their passports.
  5. Employment Pass holders who wish to participate in the MM2H program are exempted from the "cooling off period" on the condition that their application to participate in MM2H program is submitted three months before the expiry of the Employment Pass.
  6. ID Card will be issued to MM2H participants with permanent address in Malaysia. This is validated by submitting the Sale and Purchase Agreement or Tenancy Agreement in Malaysia.
  7. Age limit of unmarried dependent children is raised from  18 years old to 21 years old. A declaration stating that the child is unmarried and all expenses during the stay in Malaysia will be borne by the principal participant of the MM2H program is required.
  8. As of 1 January 2010, MM2H participants are subject to 5% Real Property Gain Tax (RPGT) if their properties are disposed within the five years time frame.

 

 
 
     
 
         
 

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