Malaysia
My Second Home MM2H
Located at the Southeast Asia with four seasons of warm weathers, Malaysia 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 |
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