MALAYSIA MY SECOND HOME PROGRAM
"MALAYSIA : MY SECOND HOME"
Malaysia - My Second Home
Silver Hair Program
The Malaysian Government welcomes all foreign citizens (except those from Israel and Yugoslavia) to enter and stay in this country on a long stay Social Visit Pass under the " Malaysia - My Second Home Program".
This Program DOES NOT guarantee a Permanent Resident status.
The "Malaysia - My Second Home Program" is coordinated by the Ministry of Culture, Arts and Tourism. Under this new program, foreigners are allowed to purchase up to only two (2) units of residential premise costing more than RM250,000.00 each.
This program is open to all category of citizens with no age limit, and are allowed to bring along their dependants who are not schooling or schooling and also one maid.
Applicants 50 years old and above:
Applicants with their spouse (either one of the spouse MUST be above 50 years old) can choose EITHER to have a Fixed Deposit (in a local Malaysia Bank) of RM150,000.00 OR derive a Fixed Monthly income of not less than RM10,000.00, can be issued with a Social Visit Pass for a duration of 5 years together with a Multiple Entry Visa (MEV).
Individual applicants can choose EITHER to have a Fixed Deposit (in a local Malaysian bank) of RM100,000.00 OR derive a Fixed Monthly income of not less than RM7,000.00, can be issued with a Social Visit Pass for a duration of 5 years together with a Multiple Entry Visa (MEV).
Applicants below 50 years old
(application must be submitted to the Malaysian Immigration Department, Headquarters):
Applicants with their spouse must have a Fixed Deposit (in a local Malaysian bank) of RM150,000.00 AND derive a Fixed Monthly income of not less than RM10,000.00, can be issued with a Social Visit Pass for a duration of 5 years together with a Multiple Entry Visa (MEV).
2. Individual applicants must have a Fixed Deposit (in a local Malaysian bank) of RM100,000.00 AND derive a Fixed Income of not less than RM7,000.00, can issued with a Social Visit Pass for a duration of 5 years together with a Multiple Entry Visa (MEV).
FOR FURTHER DETAILS, PLEASE LOG ON TO http://www.imi.gov.my/ENG/im_MalaysiaMy2Home.asp
"MALAYSIA : MY SECOND HOME" Program
"MALAYSIA : MY SECOND HOME" program is to allow people from all over the world (except Israel and Yugoslavia), who fulfill certain criteria, to stay in Malaysia as long as possible on a social visit pass with multiple entry visa. The Social Visit Pass is initially for a period of 5 years and renewable.
WHO ARE ELIGIBLE TO APPLY?
open to all citizens of countries recognized by Malaysia regardless of race,
religion, gender or age.
The applicant must prove a minimum fixed deposit of RM150,000 with any Malaysian financial institution AND have a monthly offshore income equivalent to at least RM7,000 if single or RM10,000 if with spouse. But if applicant is above 50 years old, he has only to prove either a fixed deposit of the same amount OR a monthly income as stated.
a reputable sponsor can be a help. However, this condition is not required if
the financial background and status of the applicant satisfies the Processing
To have a medical report from any recognized hospital.
Government support :
program is initiated, organized and launched by the Malaysian Government. It is,
therefore, a program, that the Government will continuously work to ensure its
Standard of living :
Malaysia has one of the highest standards of living in the region with all the
modern infrastructure and facilities in place.
Cost of living :
living is one of the lowest in Asia and will remain so for a very long time.
This is achieved through the Government's efficient monitoring of the economy in
ensuring that inflation is kept low at all times and thereby also the prices of
goods and services.
weather is pleasant, warm and balmy with moderate rain throughout the year,
There are also highland residential areas and resorts with permanent spring-like
weather throughout the country.
whole country is very well connected with up-to-date, modern road, rail, air,
and sea transportation systems. Public transport by buses, taxis, trains and
planes are comfortable, efficient and relatively low in cost.
Political stability :
ruling Government is the longest serving freely elected Government in the world.
It is a Government representing all the races, religions, cultures etc. found in
Malaysia. In fact, Malaysia is one of the most politically stable countries in
Rule of law :
rule of law is one of the fundamentals in Malaysia's constitution. Everyone is
subjected to the law and also equal before the law. Malaysia practises basically
the British system of justice with an independent reliable and dependable
Statistics can proof that Malaysia is one of the safest countries in the world,
its crime rate is relatively low.
is the official religion of Malaysia but the constitution guarantees the right
of people to practise other religions.
Culture and language :
Malay language (Bahasa Melayu) is the national language of the country; English
is the second language but other languages can be freely used and practised.
Similarly the Malays are the dominant race in Malaysia and in the region. But
other cultures can be practised very freely and there is a free intermingling of
Food and Fruit :
food of the world can be found here at very reasonable cost. With so many races
and cultures living together in harmony, it is understandable that each race has
picked up the best of each other's food and made Malaysia into Asia's Food
Paradise. Similarly the tropical fruits of Malaysia are unique, exotic and
available in abundance practically throughout the year. It should be a real joy
to savour these fruits.
country has everything for the family,-theme parks, jungle trails/sports, water
sports and one of the highest number of golf courses - ratio or population.
Shopping : Most of the items that tourists normally like to buy - perfumes,
cosmetics, watches, fountain pens, a long list of electronic goods, branded
goods etc. are completely free of tax. Quality goods from all over the world are
imported and are relatively low in price and sold throughout Malaysia.
the items that tourists normally like to buy - perfumes, cosmestics, watches,
fountain pens, a long list of electronic goods, branded goods etc. are
completely free of tax. Quality goods from all over the world are imported and
are relatively low in price and sold throughout Malaysia.
country has one of the best developed and quality educational systems - both
public and private. There are international schools of repute in all major towns
with English as the medium of instruction. There are also private colleges and
universities offering twinning programs with other well-known universities and
major colleges from throughout the world. Therefore, it is the place for quality
education from nursery right up to the highest level of university education. It
is already becoming an educational center of excellence for the region.
Relatively speaking, it is also the place to get quality international class
education at a very reasonable cost.
Medical facilities :
country has a very efficient health system where medical services are provided
at nominal cost. Private doctors, clinics and also hospitals of international
standards are easily obtainable at very reasonable cost. Malaysia is also
becoming a centre for medical facilities in the region.
are quality residences - terrace houses, semi-detached, bungalows, apartments
and condominiums all over the country. There are also some of the finest
residences available in tourism zones - on beaches, near jungles and near theme
parks, recreational places and city centres. Foreigners are eligible to buy 2
houses at a cost of not less than RM250,000 each. For this purpose, they are
also entitled for 60% loan from local banks.
HOW TO APPLY?
Application can be made direct to :-
Department of Immigration, Malaysia Block 1 (North), Level 4, Damansara Town Centre 50550 Kuala Lumpur, Malaysia Any Malaysian representative Offices overseas and also Tourism Malaysia Offices
To be enclosed with the application are the following:
- Letter of Application by applicant
- two (2) copies of Social Visit Pass Application Form - IMM.12 Visit Pass Application Form
- two (2) passport-size photographs of the applicant, spouse and accompanying children (if applicable)
- Copy of passport / travel document of applicant and spouse (if applicable)
- Marriage Certificate (if accompanied by spouse)
- Certified copy of Bank Statement
- Certified copy of medical insurance policy and medical report from Malaysia
Fees: The chargeable fee is RM90.00 for one (1) year.
normal circumstances, all applications that fulfill the criteria should be
processed and approved within 30 days after submission of the application.
further enquiries regarding this program, participants can contact :-
Ministry of Culture, Arts & Tourism,
Level 33, Menara Dato' Onn Putra World Trade Centre
45, Jalan Tun Ismail 50694 Kuala Lumpur Malaysia
Tel: 03-2693 7111/2696 3132/2696 3133
Fax: 03-2694 1146/2693 2399
Ministry of Home Affairs, Malaysia
Block D I , Parcel D Federal Government Administrative Centre
62546 Putrajaya, Malaysia
Tel : 03-8886 8000 Fax : 03-8889 1613
Department of Immigration, Malaysia
Block I (North), Level 4 Damansara Town Centre
50550 Kuala Lumpur, Malaysia
Tel : 03-253 9181/254 5096/254 5108
Fax: 03-252 4911/256 2340
IMPORT / EXCISE DUTY AND SALES TAX EXEMPTION
Address letter to:
Ministry of Finance
Ministry of Finance Complex
7th Floor, Central Block
Prescint 2, Federal Government Administrative Centre
(Attention: : Deputy Under Secretary, International and Services Section,Tax Analysis Division )
Telephone No: 603 - 888 23380
Fax No: 603 - 888 23885
The following documents should be enclosed together with the letter of application:
– A certified copy of the letter from the Malaysia Immigration Department that the applicant is a participant of the Malaysia My Second Home Programme.
– A certified copy of the international passport or travel documents which is endorsed with the words ’ Malaysia My Second Home Programme’.
– For imported cars, applicants are required to obtain an approved permit (AP) from the Ministry of International Trade and Industry and should comply to the conditions of the AP. A certified copy of the AP to be submitted.
– A copy of the car registration card. If it is not in English, please submit a translation. The following details are required: the car make, registration number, model, country of origin, chassis number and whether it is a new car or used car.
– For the purchase of new cars in Malaysia, participants can apply for exemption for one car but details pertaining to the car such as the car make, registration number, model, country of origin, chassis number should be submitted for endorsement of the Ministry of Finance once purchase has been made.
The car should be registered in the name of a participant. Participants of this program are given tax exemptions for a car only once.
Cars given tax exemptions, which are sold/ ownership transferred, will be subject to payment of the applicable import duty/excise duty and sales tax according to prevailing rates.
Importation of an approved participant's car from country of residence OR the purchase of a new locally made car must be done within a six months period upon arrival in Malaysia.
Participants who wish to purchase a new locally made car which is of a type other than the Proton or Perodua can write directly to the Ministry of Finance to obtain prior approval in order to be eligible for the excise duty and sales tax exemption.
As information regarding this issue is scarce, you are reminded to perform your own enquiries. Some information is available at http://www.alloexpat.com/info_center/malaysia_tips.htm#03.
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