Malaysia's My Second Home Programme

If you are a worldwide investor who is attracted to the idea of staying in an affordable country while enjoying the returns of your investment, you may wish to live in Malaysia. Foreigners are given an option of making Malaysia as a second home under this programme, but of course there are terms and conditions to make you eligible for the programme.

Stage 1: Pre-qualification

First of all, you need to be financially sound to qualify for this programme. If you are under 50 years old,personalized bobble heads, you need to prove that yo have liquid assets worth of at least RM500,000, and an offshore monthly income of RM10,000. You need to submit certified copies of your Current Account balance for the latest three months as proof.

If you are above 50 years old, you will need to have a minimum liquid asset of RM350,000, also with an offshore monthly income of RM10,000. If you are a retiree, you need to rove that you are receiving pensions from your government's approved funds with at least RM10,000 each month. If you fulfilled these criteria,personalized bobblehead, then you will receive a "conditional approval letter" from the Immigration Department of Malaysia.

Stage 2: Upon Approval

You will need to open a fixed deposit (FD) account. For those under the age of 50 years old, FD should be RM300,000. During your second year, you may withdraw some money from there, but to maintain a minimum balance of RM150,000 throughout your stay in Malaysia.

For those above 50 years old, you may either to open an FD of RM150,custom bobblehead,Horse Racing Tournaments Kentucky Derby,000 or to show the government your approved pension funds of RM10,000 per month. After a year,customize bobblehead, you may withdraw some money from your FD, maintaining a balance of RM100,000 throughout your stay in the country.

If you have bought a property in Malaysia at the purchase value of at least RM1 million,personalized bobble heads,Wedding Dresses for Green Wedding Theme, the FD is RM100,000. However, the property has to be fully paid, and you need to submit ownership proof documents. Your FD stays intact until you decide to terminate your participation in the MM2H programme.

Also,customized bobbleheads, you and your dependents will need to submit a medical report from a registered clinic or any private clinic in Malaysia. You will need medical insurance coverage too. However, for those who have difficulties getting insured due to age or existing medical conditions, you may seek for exemptions.

Application submission

There will be a need for a Personal Bond,customize bobblehead, which ranges from RM200 to RM2,000, depending on your nationality. The bond will be per person basis. If you go through a licensed company, the company will need to provide the personal bond for you once you application is approved.

Paperwork

What documents do you need when you send in your application for the MM2H?

1. Letter of Application (by you as the applicant or the licensed MM2H company that you appoint).

2,,. A copy of resume by the main applicant with the following information:

* Academic qualification
* working experience
* skills or expertise acquired

3. A copy of MM2H Application Form, which can be downloaded from MM2H website. You and your dependents need to fill in separate forms.

4. Three copies of IM.12 Form (Social Visit Pass),custom bobblehead, again, separate forms for you and each of your dependent.

5. Four coloured passport size photographs for you and each of your dependents.

6. Copy of Passport/Travel documents (all pages) with certification on the pages with personal particulars. If you or any of your dependents had renewed the passport within the last 12 months,customized bobbleheads, a copy of the previous passport is also required.

7,personalized bobblehead. Letter of Good Conduct from the relevant government agency,..

8. Form for self declaration on health conditions.

9. Certified copy of Marriage Certificate if your spouse is following you.

10. Certified copy of Birth Certificate/legal documents if your children or parents come with you. If your child is nearing the age of 21,custom bobblehead, you must submit your application at least 3 months before your child's 21st birthday.

* Letter of Confirmation from Medical Specialist/General Practitioner (if accompanied by disabled children above 21 years old)
* Statutory Declaration which says that you will bear all expenses and medical requirements of your dependents during your stay in Malaysia.

11,Outstanding Players Of The Chicago Bears For The Win,personalized bobbleheads,Michael C. Fina Spring Bridal Event. Certified copy of latest 3 months' bank statements /other related financial documents to show that you are financially capable of supporting yourself and your dependents in Malaysia.

12. Latest 3 months' certified copies of pay slip or income statement or pension slip and supportive documents.

13. Authorization letter from you to MM2H Centre to verify the financial documents with the relevant financial institutions.

14. A copy of Personal Bond* for submissions through licensed companies, completed and signed by a Malaysian who is one of the Board of Directors/Share Holders/managing Director/Manager from the company, individual Personal Bond for you and each of your dependents.

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