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Malaysia My Second Home (MM2H) & Premium Visa Programme (PVIP) Explained: A One-Stop Guide to the 2024 Relaunch and New Residency Criteria

15/04/2025
The Malaysia My Second Home (MM2H) programme offers a unique pathway to long-term residency for you and your family in Malaysia. If you’re seeking greater flexibility to work and to conduct business, the Premium Visa Programme (PVIP) may also be worth considering. This guide covers both programmes, comparing their features and detailing the recent changes to the MM2H programme.

What is the MM2H Programme?

The Malaysia My Second Home (MM2H) programme is a long-term residency visa initiative introduced by the Malaysian government. It is designed for foreigners who wish to reside in Malaysia either part-time or permanently, offering a renewable visa of 5 to 15 years depending on the category selected.

 

The MM2H programme allows applicants to include their immediate family members under a single application. This includes:

  • Spouse
  • Unmarried children under the age of 34
  • Parents or parents-in-law

Comparative Overview: MM2H Tiers vs PVIP

Application Procedure Summary

STEP 1: Submit Documents for Assessment
• Prepare all necessary documents for the initial review and assessment by the relevant authorities.

STEP 2: Courier Originals & Commence Application
• Submit original documents by courier, and officially commence the application process.

STEP 3: Submission to the Government
• After initial assessment, your application is submitted to the government for review.

STEP 4: Approval – Applicant to Arrive in Malaysia
Upon approval, you will receive an Approval Letter allowing you to travel to Malaysia. During this stage:
• Open a Fixed Deposit account at a local Malaysian bank.
• Perform a medical check-up as part of the health requirements.
• Purchase health insurance to meet the necessary coverage criteria.

STEP 5: MM2H Visa Endorsement
Once all conditions are met, you will receive your MM2H Visa endorsement, which officially grants you residency in Malaysia.

STEP 6: Purchase Property Within the Timeframe
• Complete your property purchase within the specified timeframe as required by the programme, in line with your chosen MM2H category.

Key Differences: Old vs. New MM2H Programme

The MM2H programme underwent significant revisions to better align with Malaysia’s economic objectives:

Tiered Structure: Introduction of Silver, Gold, and Platinum categories, each with distinct financial and property investment requirements.
Financial Criteria: Adjusted income and fixed deposit requirements to attract higher-quality applicants.
Property Investment: Emphasis on property ownership, especially in the Platinum tier, to stimulate the real estate sector.
Minimum Age Requirement: Previously 21 years old under the old MM2H program; now revised to 25 years old for the Silver, Gold, and Platinum categories, while remaining at 21 years old for the Special Economic Zone (SEZ) category.

Government Objectives: MM2H vs. PVIP

MM2H Programme:
Purpose: Attract retirees and individuals seeking educational opportunities for their children.
Objective: Encourage foreigners to spend and invest in Malaysia, boosting domestic consumption.
Government Department in Charge of Processing Applications: Ministry of Tourism Department

Premium Visa Programme (PVIP):
Note: If your intention is to work or conduct business in Malaysia, the PVIP may be a more suitable option compared to the MM2H’s Gold and Platinum program.
Purpose: Cater to high-net-worth individuals aiming to establish themselves in Malaysia.
Objective: Allow participants to work, conduct business, and pursue education, thereby generating income within Malaysia.
Government Department in Charge of Processing Applications: Malaysian Immigration Department

How Jade Land Properties Can Assist

We collaborate with experienced partners to provide comprehensive support:

Property Selection: Assist in identifying properties that meet MM2H criteria.
Application Guidance: Connect you with licensed MM2H consultants for a smooth application process.
Investment Advice: Offer insights into Malaysia’s real estate market to ensure informed decisions.

Ready to embark on your journey to making Malaysia your second home? Reach out to us for personalized assistance.

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