MM2H Visa Permit Benefits and Incentives
When Your application is successful, there are a number of advantages given:
1) MM2H Visa Permit
- 10 year Social Visit Pass with Multiple Entry will be allowed.
- Remain as long as you wish and leave the country whenever you want.
- Renewable after expiry.
2) House Purchase
Any foreigner may buy any number of residential property in Malaysia, subject to the base price set by the various states. They start from RM500,000 per unit for most states.
3) Maid
Every candidate can apply for one domestic helper subject to the rules of the Immigration Department.
4) Education
MM2H members are permitted to bring their youngsters who are beneath 21 years of age and not married as their dependents.
5) Tax
Tax Exemption is offered to remittance of offshore pension fund into Malaysia and other foreign funds transferred into the country.
6) Business and Investment
You can possess and operate your very own business, terms apply. Basically any MM2H visa holders can own a business as Directors without the prerequisite of any Local Malaysians, terms apply.
7) Working
Over 50 year olds can work part time, subject to rules.
Visit PropertyLand.my for Malaysia My Second Home (MM2H) Program definitive guide.
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