New Malaysia My Second Home (MM2H) programme announnnnced to attract high-net-worth individuals and digital nomads to make Malaysia their top destination.
Engagement in business, investment activities, or employment in Malaysia is exclusively granted to participants in the "Platinum" category. Those in the "Gold" and "Silver" categories are not permitted to engage in such activities. Special cases requiring exceptions must be individually submitted to the relevant authorities for approval.
Under the "Platinum" tier, participants must maintain a fixed deposit (FD) of RM5mil (approximately US$1.05mil). After one year, a maximum withdrawal of 50% is allowed for property purchase (with a minimum value of RM1.5 million), healthcare, and domestic travel within Malaysia.
The "Gold" tier requires an FD of RM2mil (approximately US$420,800) with similar withdrawal provisions for property purchases (minimum value of RM750,000), healthcare, and domestic travel.
The "Silver" tier requires RM500,000 (approximately US$105,000) in FD with similar withdrawal provisions.
Irrespective of the chosen tier, all participants must fulfil the minimum stay requirement of residing in Malaysia for a cumulative total of 60 days annually.
Under the "Platinum" tier, participants must maintain a fixed deposit (FD) of RM5mil (approximately US$1.05mil). After one year, a maximum withdrawal of 50% is allowed for property purchase (with a minimum value of RM1.5 million), healthcare, and domestic travel within Malaysia.
The "Gold" tier requires an FD of RM2mil (approximately US$420,800) with similar withdrawal provisions for property purchases (minimum value of RM750,000), healthcare, and domestic travel.
The "Silver" tier requires RM500,000 (approximately US$105,000) in FD with similar withdrawal provisions.
Irrespective of the chosen tier, all participants must fulfil the minimum stay requirement of residing in Malaysia for a cumulative total of 60 days annually.
