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January 28, 2012 |
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Terms and ConditionsFinancial Requirement Upon
Application ii)
Applicants aged 50 and above may comply with the financial proof of
RM350,000 in liquid assets OR proof of government approved pension
funds of RM10,000 per month.
Successful
applicants are required to comply with the following financial
criteria upon receipt of the `conditional approval letter' from
Immigration Department of Malaysia. - After a period of one year, the participant can withdraw up to RM150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. - Must maintain a minimum balance of RM150,000.00 from second year onwards and throughout stay in Malaysia under this programme. - Approved participants who have purchased and owned property which were bought at RM1 million and above in Malaysia may comply with the basic fixed deposit requirement of RM 150,000. This amount may not be withdrawn until the participant decides to terminate his participation in MM2H programme. Upon Approval : Aged 50 years and above - Can either choose to open a fixed deposit account of RM150,000.00 ; OR Show proof of government approved pension funds of RM10,000 - After a period of one year, participant who fulfills the fixed deposit criterion can withdraw up to RM50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. - Participant must maintain a minimum balance of RM100,000.00 from the second year onwards and throughout his/her stay in Malaysia under this programme.
- Approved
participants who have purchased and owned property which were bought
at RM1 million and above in Malaysia may comply with the basic fixed
deposit requirement of RM 100,000. This amount may not be withdrawn
until the participant decides to terminate his participation in MM2H
programme. Medical Insurance Security Bond
(Direct Application
Only)
Personal
Bond (Application Through Agent) |
MM2H Sponsors
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©2006-2007 2ND HOME INTL (MM2H) SDN BHD (740965V) Contact: webmaster@2ndhome-intl.com |