Due to its ongoing industrial expansion and political stability, Malaysia is one of Asia’s most vibrant economies. The country is a major tourist destination with stunning beaches and rainforests, and its cultural and ethnic diversity makes it a great second home for international investors. Malaysia’s golden residency program requires only a small bank deposit to guarantee residency rights for you and your family.
Malaysia is one of Southeast Asia’s most prosperous economies, thanks to steady industrial expansion and decades of political stability.
Malaysia is the third-largest economy in the area and has a highly open upper-middle-income economy. Malaysia entered the British Commonwealth after winning independence from the United Kingdom. It is a founding member of ASEAN and a member of the UN and APEC.
The golden residency program provides investors and their families with a 10-year, multiple-entry visa that functions as a non-permanent residence permit in practice. The requirements are simple: you must deposit a particular amount of money in a Malaysian bank, give proof of assets and annual income, obtain health insurance, and undergo a minimal health exam.
Malaysia My Second Home Program (MM2H) requires candidates to meet certain conditions in exchange for a 10-year multiple-entry visa for themselves and their dependents. This visa serves as a residence permit for the successful applicant and their family in Malaysia.
Applicants must be at least 35 years old and show that they are financially self-sufficient in Malaysia without the need for government aid. All of the requirements listed below must be met.
Applicants must have a minimum asset value of USD $125,000 and a monthly income of USD $2,500. If you are 50 or older, you must deposit RM150,000 in a bank account; if you are less than 50, you must deposit RM300,000. However, after one year, a portion of this amount may be used for certain qualifying acquisitions, such as real estate.
Following acceptance, you must make an MYR 300,000 bank deposit (USD 80,000). After one year, you can spend half of your deposit on a residence, school, or medical treatment, but the other half must be kept for the length of your residency.
One-third of the deposit can be spent on housing, school, or medical treatment after one year, while the balance must be kept until the conclusion of your residency. Pension applicants may be excluded from the deposit need under specific circumstances, which will be determined on a case-by-case basis.
Each qualified candidate will receive a conditional approval letter from the Malaysian Immigration Department. The visa does not allow the holder to work in Malaysia and does not allow them to stay permanently.
If you have a substantial net worth, you may be able to obtain Malaysian permanent residency by depositing at least US$ 2 million in a Malaysian bank. However, you won’t be able to withdraw the funds for at least five years. After five years, the spouse and minor children are also eligible for permanent residency in Malaysia.
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