Malaysia My Second Home - MM2H

17/01/2025

🎉 Exciting News! 🎉

We are proud to announce that our company has successfully obtained approval for the first batch of clients under the new MM2H guidelines! These applications were submitted in November 2024, and 5 clients received approval in January 2025.

This marks a significant milestone as it is the first successful batch under the revised MM2H policy. We sincerely thank our clients for their trust and support, and we applaud our team for their professionalism and dedication in achieving this milestone.

We look forward to continuing to provide efficient and high-quality services to help more clients achieve their Second Home dreams. Feel free to contact us for more information! 🌟

14/06/2024

Finally after few months/years...

KUALA LUMPUR: The Tourism, Arts and Culture Ministry has officially announced the updated Malaysia My Second Home (MM2H) programme. The "Platinum" category now requires participants to maintain RM5mil in a fixed deposit but no longer offers the option of permanent residence (PR) status.

16/12/2023

New and improved MM2H: Platinum, gold, and silver categories introduced

KUALA LUMPUR: Tourism, Arts, and Culture (Motac) Minister Datuk Seri Tiong King Sing today announced the relaxation of the Malaysia My Second Home (MM2H) programme, introducing three new categories.

The revision opens the MM2H programme to people aged 30 years and above, with applications to be processed exclusively through licensed MM2H agents authorised by the Tourism, Arts, and Culture Ministry under the Tourism Industry Act 1992.

KUALA LUMPUR: Tourism, Arts, and Culture (Motac) Minister Datuk Seri Tiong King Sing today announced the relaxation of the Malaysia My Second Home (MM2H) programme, introducing three new categories.

29/01/2022

KUALA LUMPUR – The latest ranking by Living International shows that Malaysia has lost its top spot for best Asian country to retire to neighbouring country, Thailand, after having consistently ranked as one of the best countries in Asia to retire for a couple of years.

Their latest ranking for the year 2022 shows that Malaysia dropped to 15th place. Thailand, which has always trailed behind Malaysia, now ranks above the country at 11th place, taking home the crown for Best Country To Retire within Asia.

According to expatriate news site Expat Go, the main reason Malaysia has turned unfriendly for foreign expats is due to the confusing and harsh new changes made to the Malaysia My 2nd Home (MM2H) policies in recent years under the PN government.

MM2H is a visa initiative coined by the Government to promote Malaysia as a desirable place of residence, for foreign citizens. Successful applicants would be eligible for a renewable multiple entry-visa, making travel pretty much worry-free.

However, the measure taken by the Government on the MM2H program has been deemed “unfair”, “drastic” and even “ridiculous”, as shared on the Change.org petition against the motion.

The proposed changes to the MM2H policy were originally as such:

Minimum monthly income increased to RM40,000 (300% increase)
Minimum fixed deposit increased to RM1 million (600% increase)
Minimum liquidity requirement increased to RM1.5 million (400% increase)
Yearly visa fee increased to RM500 (600% increase)
Duration of MM2H visa reduced to 5 years (from 10 years)
After extreme backlash from existing expats and multiple groups, the government has agreed to revise the requirements.

Independent News Service also reported that Industries Unite (IU) and MM2H Consultants Association labelled the changes as shocking, drastic, unreasonable and even down-right unacceptable for some.

“It is unethical to subject them to the new requirements. This shifting of the goalposts will reduce foreigners’ confidence in our government. Drastic changes will tarnish our image and will make us the laughingstock of the world.

“Many expatriates under the programme are convinced that the government is looking to remove them from the country in light of the new requirements and conditions announced,” the two said in a joint statement.

https://moneycompass.com.my/2022/01/26/malaysia-retire-mm2h/

Malaysia has lost its top spot for best Asian country to retire to Thailand, after having consistently ranked as one of the best.

23/01/2022

MM2H: 111 new applications received — Hamzah

PUTRAJAYA (Jan 21): The Malaysia My Second Home (MM2H) programme, which was reactivated with stricter conditions from November 2021, has received 111 new applications, said Home Minister Datuk Seri Hamzah Zainudin.

Of the total, the Immigration Department has approved 15 applications, with three of the participants already in Malaysia, he said.

"The remaining applications are being processed because this programme requires complete documents. There is a delay because some application are incomplete," he told the media after launching the MM2H Executive Lounge at Level 5 of the Immigration Department Headquarters here Friday.

The Malaysia My Second Home (MM2H) programme, which was reactivated with stricter conditions from November 2021, has received 111 new applications, said Home Minister Datuk Seri Hamzah Zainudin. Of the total, the Immigration Department has approved 15 applications, with three of the participants alr...

30/11/2020

LONDON, Paris and Rome are famed for their history, culture, and commerce. Now, they share something else in common: Expats don’t like them.

17/08/2020

https://www.theedgemarkets.com/article/malaysia-worlds-9th-most-complex-jurisdiction-do-business

The ease of doing business in Malaysia has seen a steady improvement in the last decade but despite the many endeavours to establish a conducive business environment, it remains one of the most complex jurisdictions for foreign businesses to operate in.