MM2H - Where Lifestyle and Opportunity Meets!
The Malaysia My Second Home (MM2H) program was introduced in 2002, and it offers foreign nationals a unique opportunity to live in Malaysia over a long-term residency of over 5 - 15 years, it is open for both younger expats with minimum age of 30 and retirees or business owners looking and seeking a change of lifestyle.
As of recent reports, over 50,000 foreigners from various countries have successfully been approved under the MM2H program, with many of them residing in Malaysia. It is not a PR (Permanent Resident Pass) but leaning on the Social Visit Pass with Multiple entries allowed
The MM2H program has evolved over the years, including policy changes, especially in 2020 and 2021 and now with the recent change too, where the government made some adjustments to the eligibility requirements.
Some key perks for those considering an MM2H application include embracing a new lifestyle in a warm, tropical climate and enjoying Malaysia’s rich multicultural environment—reflected in its people, vibrant traditions, and diverse cuisine.
Living & Lifestyle in Malaysia
Malaysia is known for its relatively low cost of living, especially in comparison to Western countries. Expatriates can enjoy a high standard of living with affordable housing, world-class healthcare with modern hospitals and clinics, food, and transportation.
Situated at the heart of Southeast Asia, Malaysia offers excellent proximity to major travel hubs. With international airports like Kuala Lumpur International Airport (KLIA) providing direct flights to destinations worldwide, it’s an ideal base for those who wish to explore Asia and beyond while enjoying a comfortable place to call home.
Opportunity for Business and Investment
Foreigners with MM2H status can explore opportunities to invest in businesses or establish their own companies in Malaysia. This feature appeals to entrepreneurs and retirees seeking to engage in a side business.
MM2H holders have the opportunity to purchase property in Malaysia too but its subject to specific guidelines, including minimum price thresholds that vary based on categories and state.
Platinum Category: Requires a minimum property purchase of MYR 2 million, accompanied by a fixed deposit of USD 1 million.
Gold Category: Allows for a minimum property purchase of MYR 1 million, with a fixed deposit of USD 500,000.
Silver Category: Sets a minimum property purchase of MYR 600,000, with a fixed deposit of USD 150,000.
Despite these conditions, the program provides access to owning property in a desirable location at more affordable prices compared to many other countries but only strictly for residential and not rental purposes.
Additionally, MM2H participants benefit from favorable tax policies, such as being taxed only on income earned within Malaysia. Foreign-sourced income, such as pensions or overseas rental income, is generally exempt, making Malaysia an attractive destination for retirees and individuals with international income streams.
Ideal for Start up Families or Retirees
Malaysia has a vibrant expatriate community in cities like Kuala Lumpur and Penang, making it easy for new arrivals to meet people, share experiences, and integrate into the local culture while maintaining a connection to their home countries. With its great education range, from international schools to higher learning institutions, makes it attractive for families with childrens.
For those at the end of the spectrum, the MM2H program offers a secure option for long-term retirement in an affordable and friendly environment, with the added benefits of healthcare, a safe living environment, and leisure activities.
With so many practical benefits, financial incentives, and a lifestyle that's both comfortable and affordable. Whether you're looking for a peaceful retirement, a base for business ventures, or an opportunity to explore Southeast Asia, Malaysia’s MM2H program is an excellent option for foreigners.
