Revised Malaysia My Second Home Programme (MM2H) guidelines

Malaysia’s Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing announced that the new MM2H programme, applicants are divided into three tiers: Platinum, Gold and Silver.

The Platinum category requires a fixed deposit of US$1mil, the Gold category requires US$500,000, and the Silver category requires US$150,000, along with specific criteria and conditions.

The Platinum category also has to pay a one-off RM200,000 fee, which allows them to work and invest in Malaysia, while the Gold and Silver categories have fees of RM3,000 and RM1,000, respectively. However, Gold and Silver MM2H visa holders are not allowed to work.

The MM2H visa is valid for 20 years for Platinum, 15 years for Gold and 5 years for Silver.

After the term expires, participants are required to renew it every five years.

According to Minister Tiong, the renewal fees are RM5,000 for Platinum, RM3,000 for Gold and RM1,500 for Silver. Only the principal holder of the MM2H visa is required to pay these fees.

However, if the applicant wishes to purchase a new property within that period, the original property must be sold, and the new property’s value must be higher than the original property’s value at the time of purchase.

“For instance, if the property purchased by a Platinum Category applicant is valued at RM2mil, the new ‘upgraded’ property must be higher than RM2mil,” he pointed out.

“Regardless of whether they are MM2H participants in the Platinum, Gold or Silver categories, their children cannot enroll in primary or secondary schools under the government system,” he said.

“However, they can continue their studies at Malaysian Higher Education Institutions certified by the Malaysian Government.”

Do reach out to us and we can answer your questions on MM2H requirements