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MM2H Overview
The Malaysia My Second Home
Program (MM2H) was initiated by the Malaysia Government to welcome all
foreigners to reside or retire in Malaysia with a 10 years Social
Visit Pass (SVP) & Multiple Entry Visa (MEV) which will be
continuously renewable unless you violate the law.
MM2H program is not a Malaysia Permanent Resident (PR). However, it is
as good as PR. The program provide many incentives to attract more
foreigners to migrate to Malaysia as their second home or retired
home.
MM2H was re-launched by the Ministry of Tourism, Malaysia in April
2006. The ministry has appointed Richmond Consultants (MM2H) Sdn Bhd
as one of the official Sponsor to help foreigners to obtain the
program hassle-free and in a professional manner. It is not compulsory
to own any property in Malaysia to qualify for this MM2H program.
However, you're encourage to own Malaysia Properties as they are of
good quality and very affordable.
MM2H participants are not allowed to be employed under this program.
Unless you are age 50 years and above and you shall be allowed to work
part, maximum 20 hours per week (Application & Approval needed). Those
who wish to be employed in Malaysia, you must apply Malaysia
employment visa/ working permit.
So far some 12,000 people
have been approved and it is generating a lot of interest. The
program is primarily attracting people who wish to retire in
Malaysia or spend extended periods here. |
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