MM2H Visa Permit
1) 10-year Social Visit Pass with Multiple Entry will be granted
2) Stay as long as you wish & leave Malaysia as you please
3) No minimum or maximum days of stay in a year
4) Renewable after 10 years
5) Parents can join you as dependents under a renewable long term visa (6 months)
Each participant is allowed to purchase residential houses valued above RM1,000,000 in all states as per the new ruling from 1st January 2014. There is no limitation to the number of units.
Car Purchase (Tax and Duty Free)
Applicants are allowed to purchase one (1) unit of tax-exempted car in Malaysia or bring in their own vehicle without having to pay import duty, excise duty and sales tax.
Each applicant can apply for one maid, subject to the prevailing guidelines of the Immigration Department.
Participants are allowed to bring their children who are below 21 years old and not married as their dependants.
Tax exemption is given to remittance of offshore pension fund into Malaysia, any other foreign funds transferred into Malaysia, interest gained from bank fixed deposit, and imports for personal / household items.
Business & Investment
You can own and actively run your own business but terms apply. Generally, any MM2H visa holders can own their own business as Directors without the requirement of any local Malaysians. You may also invest in local companies, the share market & unit trusts.
Applicants above age 50 can work part-time with terms applied.