Can the elderly apply for the Second Home Scheme in Malaysia?

Nanyang Real Estate Malaysia Second Home Professional Team answers your questions:

Hello, it is absolutely possible. Malaysia's Second Home Project was formerly called "Malaysia Silver Hair Project", which mainly allows older retirees to live there for the elderly.

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As for the application now, the application requirements for applicants over 50 years old are relatively low. For example, if you need to deposit money in a local bank, applicants over 50 only need to deposit half of it.

To apply for a second residence in Malaysia, you need to prepare your own information and submit it to the Immigration Bureau.

Then you can wait for approval. Generally speaking, it takes about three months. After approval, you can go to Malaysia to save money. People under the age of 50 only need to save 300 thousand ringgit, which is also a small amount. Remember to have a physical examination after saving. One week after the physical examination, bring your own physical examination report, medical insurance and deposit certificate to the immigration office, as long as you submit it. Generally, you can receive a visa from your second hometown within one day, which is also very fast. Just what you need to pay attention to is that after receiving the reply, you need to log in as soon as possible to complete the above procedures. Therefore, you'd better plan your time in advance before you start preparing the submission materials. Generally speaking, the whole process can be completed in three or four months, which is still a very efficient project. It is also worth noting that you can't withdraw your deposit at any time, and you can only withdraw it after obtaining the consent of the immigration department.

Finally, the above information is about the second one in Malaysia. I hope it will help you.