Frequently Asked Questions (FAQ)
Your Guide to the MM2H Program
Is it necessary to keep a fixed deposit for a full year before withdrawal?
After signing the purchase contract, you can withdraw 50%.
Are applicants who have purchased a property but have not fully repaid the loan eligible for the Malaysia My Second Home (MM2H) program?
Available
Does the Malaysian government have a specific timeframe within which applicants must purchase a property?
Within one year after approval, it needs to be purchased.
Can MM2H applicants apply for a home loan?
You can apply for a mortgage.
What are the monthly income requirements for family members? Are there fees for additional family members?
Proof of income is not required.
Can the spouse of an MM2H applicant obtain a visa?
Yes, the validity period is based on the main applicant.
Can MM2H applicants hire a maid?
Yes, but you must apply to the relevant law enforcement unit.
Can the MM2H visa category be upgraded?
Yes, but the original level must be abolished.
Can the interest from a fixed deposit be withdrawn at any time? What is the specific process?
Yes, the two agencies are responsible for and assist in the whole process.
Are there designated banks for MM2H applications by the Malaysian government?
No, applicant is free to choose any Malaysian Banks.