Wednesday 28 August 2013

Malaysia My Second Home MM2H




Malaysia My Second Home MM2H 

Located at the Southeast Asia with four seasons of warm weathersMalaysia has been renowned for its natural tropical rain forest eco-tourism and its rich culture of different races stay and blended inside one country as one nation. Different cultures, languages, religions with wide range of famous delicious foods have made Malaysia top choice to travel to in Southeast Asia.

With government objective to attract foreigner to stay here, Malaysia My Second Home Program MM2H was introduced and initiated.  MM2H welcomes all foreigners buy property, stay and retire in Malaysia with 10 years Social Visit Pass and Multiple Entry Visa which is renewable continuously.

Why foreigners choose to buy property and retire in Malaysia? Many factors have attracts foreigners to choose Malaysia as retirement country of choices instead of other countries like:-

Low living cost – Foreigners can enjoy high standard of living standard with comparable low cost compare to their original country especially property prices.

Connectivity – Malaysia have excellent infrastructures with international standard of airports, seaports, land and rail networks connect to the world globally and accessible easily.

Amenities – Healthcare and medical centers, private clinics, international schools, private colleges and higher learning centers are available in all major cities at a reasonable and affordable price.

Social activities – Malaysia is filled with many natural landscape eco-tourism hotspots, nature adventures like hiking and trekking, world class sports events and best of all friendly people.

Cultures and Food – With the blended of Malay, Chinese, Indian and minor local aboriginal, and the influences of British, Dutch and Portuguese, the cultures and delicacies are at plenty and irresistible.

Safety, Stability and Weather – Without natural disaster like earthquake, tornado, volcano, tsunami, nuclear plant, stable economic and politics, and the best four seasons are like spring season; Malaysia is the heaven to enjoy retirement.

Government policy – With the pro-foreigners retirement Malaysia My second Home MM2H policy, foreigners are allowed to buy property and enjoy 100% property.

Benefit for Malaysia My Second Home MM2H programme
All approved applicants will enjoy special benefits approve by the Government for this MM2H program as following:-

1. You will receive a 10-year Social Visit Pass and Multiple-Entry Visa.

2. After 10 years, it is renewable unless you violate the laws & rules of Malaysia.

3. During these 10 years, you are free to stay in Malaysia and travel as often as you like with no restriction or minimum period of stay.

4. You can import your car or purchase a new car (CKD/Locally assembled) Tax-Free. It is a great saving more than 36% (rate depends on car model and have to apply to relevant authorities within certain period).

5. School age children (up to 21 years old) will be given student pass to further their study at international schools, private colleges and universities.

6. You can bring in a maid from your country of origin or countries approved by the authorities of Malaysia after obtaining the approval from relevant authorities.

7. You can be an investor and can actively participate in your own businesses in Malaysia subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors and permit needed.

8. For housing loan, you can obtain up to 70% as compare to normal 60% for foreign applicants (subject to your credibility and bank rules).

9. Under this Malaysia My Second Home programme, for those countries has a “Double Taxation Agreement” with Malaysia, your pension fund that is taxable in your country shall be tax-free if you stayed more than 182 days a year in Malaysia.

** It is not pre-requisite to buy property to qualify for MM2H program, but you are encouraged to purchase your own home as it is much cheaper as compared to other countries in the region and is good for investment. You are allowed to buy property and enjoy 100% property ownership.

Malaysia My Second Home
Malaysia My Second Home

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