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How to use the deposit in the second immigration bank in Malaysia?
First of all, under the principle of paying first and applying later, you can formally apply for the withdrawal period after joining the second housing plan for one year.
The reasons for withdrawal can only be buying a house, buying a car, children's education expenses and medical expenses, and other reasons are not allowed.
The maximum withdrawal amount is RM 50,000 for those over 50 years old and RM 654.38+RM 50,000 for those under 50 years old; In other words, applicants over the age of 50 must have RM 654.38+ 10,000, and applicants under the age of 50 must have RM 654.38+05,000 to continue to be frozen in the bank.
The rest of the money can only be applied by canceling the second return visa.
You can apply for the deposit through the official agent of Malaysia's Second Home, such as CYMM2H, a company licensed by the Tourism Bureau.
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