• Malaysia offers streamlined and efficient residence by investment programs, ensuring a straightforward process for those seeking to establish long-term residency. Successful applicants are granted renewable visas that allow for multiple entries, enabling flexibility and convenience.
• The inclusiveness of these programs extends to family members, as spouses, parents, parents-in-law, and unmarried children under 21 years old can also be included in the application, fostering family unity.
• With its multicultural population and contemporary way of life, Malaysia provides a vibrant and diverse community for residents. The country embraces cultural diversity, creating an enriching environment for individuals from various backgrounds.
• One notable advantage of these programs is the option to acquire residential properties ranging from MYR 300,000 (approximately USD 70,000) to MYR 1 million (approximately USD 230,000), depending on the state. This flexibility allows investors to select properties that suit their preferences and financial goals.
• In terms of taxation, Malaysia imposes taxes solely on income earned within the country, relieving residents from the burden of global taxation. Moreover, Malaysia has established an extensive network of double tax agreements, ensuring favorable tax arrangements for individuals with international income sources.

Foreign individuals seeking Malaysian residence through the Malaysia My Second Home (MM2H) Program must meet the following criteria to obtain a 10-year, multiple-entry visa:

1. Age Requirement: Applicants must be a minimum of 35 years old.
2. Financial Capability: Applicants must demonstrate the ability to support themselves financially while residing in Malaysia. They should provide evidence of offshore income amounting to at least MYR 40,000 (approximately USD 10,000) per month, without relying on employment or government assistance.
3. Bankable Assets: Applicants need to submit proof of bankable assets valued at a minimum of MYR 1.5 million (approximately USD 350,000).

Once their application is approved, successful applicants must adhere to the following obligations:

4. Investment: They are required to invest MYR 1 million (approximately USD 230,000) into a local fixed deposit account, with an additional MYR 50,000 (approximately USD 12,000) for each dependent spouse or child. This investment must be maintained throughout their participation in the program.
5. Withdrawal: After the first year, participants may withdraw up to MYR 500,000 (approximately USD 115,000) from the fixed deposit account for approved expenses related to house purchases, education for their children in Malaysia, or medical purposes.
6. Residency Requirement: The main applicant and their spouse must spend a minimum of 90 days per year in Malaysia. However, this requirement does not apply to children, parents, or parents-in-law included in the application.

By fulfilling these requirements, foreign nationals can acquire Malaysian residence under the MM2H Program, enjoying the benefits of a long-term, multiple-entry visa.