? Malaysia My Second Home Program | Retire In Malaysia | Live In Malaysia.

? Malaysia My Second Home Program | Retire In Malaysia | Live In Malaysia. ?Get Your Free 7-Day Trial of the SUPER-EASY Video Software I Used to Create This Video https://www.contentsamurai.com/c/wayne12-cs-freetrial ? Do you want up to $76 AUD off your first trip when you go Airbnb? Press the link below. https://www.airbnb.com.au/c/waynem1146?currency=AUD ❤️ Do you want to find a partner for the rest of your life, if the answer is yes, then press the link below. https://cupidlinks.com/?a=141060&c=112&p=r&s1= Information For Malaysia My Second Home Program. Malaysia is a beautiful country that’s fast becoming one of the most fascinating countries in South East Asia! Malaysia can offer an ideal existence in almost all aspects of your life.Its a peaceful residential haven with a fertile investment climate, has a diverse culture, harmony, is safe with awesome natural and man made wonders, and an unmatched scope for progress. In this video, we give you basic information about making Malaysia your second home. If this is your first time on the channel, or you have returned and you enjoy the content, then please SUBSCRIBE and don't forget to press the bell icon so you never miss out on upcoming videos and resources! Malaysia My Second Home Program is a fantastic initiative promoted and supported by the Government of Malaysia. It allows people from all over the world who fulfil certain criteria, to stay in Malaysia as long as possible on a social visit pass with a multiple entry visa. The MM2H visa permit is initially for a period of ten years and can be renewed at the end of that period. Besides the year round warm sunny climate, Malaysia can boast of having an affordable cost of living, accessible health care and good infrastructure. Some of the MM2H Visa Permit Benefits & Incentives. Once Your application is successful, there are various benefits & incentives which are: 1. A MM2H Visa Permit which gives you a, 10-year Social Visit Pass with Multiple Entry. You will be able to stay as long as you like and leave Malaysia anytime as you wish within that 10 years. You have the option to renew after 10 years. 2. Any foreigner can purchase any number of residential properties in Malaysia, subject to the minimum price established for foreigners by the different states. They start from 500,000 ringgits per unit for most states. Land is a state matter and it is important to check state laws before making any commitment, as the minimum purchase price is not standardized between states. 3. You may apply for one maid, but that is subject to the prevailing guidelines of the Immigration Department. 4. MM2H participants are allowed to bring their children who are below 21 years of age and not married as their dependents. 5. A tax Exemption is given to the transfer of an offshore pension fund into Malaysia and any other foreign funds which are transferred into Malaysia. 6. You can own and actively run your own business. Generally, any MM2H visa holders can own their own business as Directors without the requirement of any Local Malaysians, but certain terms do apply. If you are over 50 years old, then you can work part time, but terms apply. Other benefits of retiring to Malaysia are. You can import personal and household items which will be tax exempted, invest in local companies, share market & unit trusts. Interest gained from a bank fixed deposit is tax exempted and your parents can also join you as dependents under a renewable long term (6 monthly) visa. MM2H Visa Permit Requirements. Before you are Approved for the visa, applicants are required to comply with the following financial criteria upon successful submission of their MM2H application. For applicants under 50 years of age, you will need liquid assets totalling 350,000 ringgits, a monthly income of 10,000 ringgits and a fixed deposit of 150,000 ringgits. For applicants over 50 years of age, you will need liquid assets totalling 500,000 ringgits, a monthly income of 10,000 ringgits and a fixed deposit of 300,000 ringgits. After Approval, successful applicants are required to comply with the following financial fixed deposit placements upon receiving the conditional approval letter from the Malaysian Immigration Department. Aged Below 50 years. You must open a fixed deposit account of 300,000 ringgits. This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions: https://link.attribute.to/cc/647618