May 25, 2020
Participants of Malaysia My Second Home Programme are provided with various incentives to make their stay more comfortable and enjoyable in Malaysia.
No. Location of Property Min. Price of Property
1. Other states RM250,000.00
2. Sabah and Sarawak
3. Selangor RM500,000.00
4. Terengganu RM750,000.00
Download application procedure for property acquisition.
Car Purchase / Import
Download application procedure for bringing-in personal car.
Download application procedure for bringing-in a second vehicle.
Download application procedure for bringing-in a maid.
Children who intend to continue their schooling in Malaysia are required to apply for a Student Pass and should be insured throughout their stay under this programme.
Download application procedure for childern education.
However, tax exemption is given to pension remitted into Malaysia. Participants are required to obtain the endorsement from the Authorities in their country of origin as to the total amount of yearly pension received. A copy of this letter has to be submitted in their application.
Download application procedure informing inland revenue board on income earned in Malaysia.
Business and Investment
Guidelines For Business Set Up Under The Malaysia My Second Home Programme
Registering Your Business
You are required to register your business with the Companies Commission of Malaysia (CCM) under the Companies Act 1965. You are only eligible to register limited company in Malaysia.
Companies Act 1965 governs all companies in Malaysia. The Act
stipulates that a person must register a company with the SSM in
order to engage in any business activity.
A company limited by shares where the personal liability of its members is limited to the par value of their shares and the number of shares taken or agreed to be taken by them
A company limited by guarantee where the members guarantee to meet liability up to an amount nominated in the Memorandum and Articles of Association in the event of the company being wound up
An unlimited company, where there is no limit to the members' liability.
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©2006-2007 2ND HOME INTL (MM2H) SDN BHD (740965V)