Malaysia Second Home Program (MM2H)
Malaysia Second Home Program
MM2H Visa Permit
- 10 years multiple entry visit visa to Malaysia will be granted
- No minimum or maximum days of stay in Malaysia in a year
- Renewable every 10 years
House Purchase
The MM2H visa holder 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 number of units.
Car Purchase (Tax and Duty Free)
The MM2H visa holder is allowed to purchase one (1) unit of Tax Exempted car in Malaysia or bring in own
vehicle without having to pay import duty, excise duty and sales tax.
Domestic Helper
The MM2H visa holder can apply for one maid subject to the prevailing guidelines of the Immigration
Department.
Education
The MM2H visa holder are allowed to bring their children who are below 21 years old and not married as their dependents.
Tax
Tax Exemption is given to remittance of offshore pension fund into Malaysia & any other foreign funds
transferred into Malaysia.
Business & Investment
The MM2H visa holder can own and actively run his/her own business with certain terms to be observed. However, generally any MM2H visa holders can own their own business as Directors.
Working Part Time
The MM2H visa holder above age 50 can work part time with certain terms to be observed.
Others
- Import personal / household items, tax exempted
- Invest in local companies, share market & unit trusts
- Interest gained from bank fixed deposit is tax exempted
- The MM2H visa holder’s parents can also join as dependents under a renewable long term (6 monthly) visa
Investors who are interested in the Malaysia Second Home (MM2H) program can address to our team of advisor in Malaysia for assistance via Whatsapp, Line or Wechat.
Whatsapp: +6018 777 9956
Line: offshorecompany
微信Wechat: offshorecompany