{"id":5350,"date":"2019-07-25T23:59:30","date_gmt":"2019-07-25T15:59:30","guid":{"rendered":"http:\/\/malaysialand.asia\/?post_type=property&#038;p=5350"},"modified":"2021-08-12T23:30:56","modified_gmt":"2021-08-12T15:30:56","slug":"malaysia-my-second-home","status":"publish","type":"property","link":"https:\/\/malaysialand.com\/wordpress\/property\/malaysia-my-second-home\/","title":{"rendered":"Malaysia My Second Home (MM2H)"},"content":{"rendered":"\n<h3>MM2H is a program for non-Malaysian to enjoy special benefit as a long term stay foreigner. The Benefits are (Subject to change):<\/h3>\n\n\n\n<ul><li>Applicant can have ten years multiple visa with multiple time entry.<\/li><li>Successful applicant can purchasing property above RM 1 million (subject to each state&#8217;s guideline).<\/li><li>Allowed to import and \/ or purchase new vehicle in Malaysia upon condition upon approval of Finance Ministry.<\/li><li>Tax Exemption is given to&nbsp;remittance of offshore pension fund into Malaysia &amp; any other foreign funds transferred into Malaysia.<\/li><li>Hiring of maid or servant from own country is allowed.<\/li><li>Allowed to bring their children who are below 21 years old and not married as their dependents.<\/li><li>Can own and actively run your own business. Can own your own business as Directors without the requirement of any local Malaysian.<\/li><li>Successful applicant who is 50 plus years old is allowed to work maximum twenty (20) hours a week.<\/li><\/ul>\n\n\n\n<h3>Requirements upon Application (subject to change):<\/h3>\r\n<p>Applicants are required to demonstrate the capability to support themselves financially in Malaysia without seeking employment or government assistance. The financial requirements are as follows:<\/p>\r\n<p><strong>For applicants below 50 years old<\/strong><\/p>\r\n<ul>\r\n<li>Proof of bankable assets of at least MYR 500,000 (USD 125,000)<\/li>\r\n<li>Proof of income of at least MYR 10,000 (USD 2,500) per month<\/li>\r\n<\/ul>\r\n<p><strong><br \/>For applicants 50 years old and above<\/strong><\/p>\r\n<ul>\r\n<li>Proof of bankable assets of at least MYR 350,000 (USD 85,000)<\/li>\r\n<li>Proof of income of at least MYR 10,000 (USD 2,500) per month<\/li>\r\n<\/ul>\r\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MM2H is a program for non-Malaysian to enjoy special benefit as a long term stay foreigner. The Benefits are (Subject to change): Applicant can have ten years multiple visa with multiple time entry. Successful applicant can purchasing property above RM 1 million (subject to each state&#8217;s guideline). Allowed to import and \/ or purchase new&#8230;<\/p>\n","protected":false},"author":3,"featured_media":5352,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","property-features":[],"property-types":[122],"property-cities":[97,62],"property-statuses":[36],"property_meta":{"REAL_HOMES_property_price":"","REAL_HOMES_property_old_price":"","REAL_HOMES_property_price_prefix":"","REAL_HOMES_property_price_postfix":"","REAL_HOMES_property_size":"","REAL_HOMES_property_size_postfix":"","REAL_HOMES_property_lot_size":"","REAL_HOMES_property_lot_size_postfix":"","REAL_HOMES_property_bedrooms":"","REAL_HOMES_property_bathrooms":"","REAL_HOMES_property_garage":"","REAL_HOMES_property_id":"Malaysia My Second Home (MM2H)","REAL_HOMES_property_year_built":"","REAL_HOMES_featured":"0","REAL_HOMES_additional_details_list":[],"REAL_HOMES_property_location":{"latitude":"3.1516636","longitude":"101.6943028","zoom":"14"},"REAL_HOMES_property_address":"Kuala Lumpur, 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