The latest situation of Malaysia's second home

Applicants for Malaysia's second residence under the age of 50:

-Proof of offshore income of 65,438+00,000 ringgit or above per month must be provided.

-Proof of current assets of 500,000 ringgit or above must be provided.

-The successful applicant must deposit a fixed deposit of 300,000 ringgit in any bank in Malaysia.

-A maximum of RM 6,543.8+0.5 million can be withdrawn after one year, which can be used for buying a house in Malaysia, children's education fund and medical purposes.

-From the second year onwards, a time deposit of at least RM 654.38+RM 500,000 must be maintained.

draw

Applicants aged 50 and above applying for a second residence in Malaysia:

-Proof of overseas income of 65,438+00,000 ringgit or more per month must be provided (retirees must provide government-approved pension certificate of 65,438+00,000 ringgit per month).

-Proof of current assets of 350,000 ringgit or above must be provided.

-The approved applicant must deposit a fixed deposit of 654.38+500,000 yuan in any bank in Malaysia.

-A maximum of RM 50,000 can be withdrawn after one year for the purchase of houses, children's education funds and medical purposes in Malaysia.

-A time deposit of at least 654.38 million ringgit must be maintained from the second year.

Successful applicants who purchase houses with a value of RM 6.5438+100,000 or more in Malaysia must show proof of ownership.

draw

-Approved applicants under the age of 50 only need to deposit RM 654.38+05,000 in any bank in Malaysia.

-Approved applicants aged 50 and above only need to deposit RM 654.38 million in any bank in Malaysia.

procedure

Step 1: Submit the application form "Malaysia Second Home Project" service agreement in advance.

Step 2: Submit the information: 1. Application (submitted by the main applicant)

A letter written and signed by the principal applicant.

Coverage gives the following details

1). Personal contact information (phone number, address and email)

2) Personal background, indicating the applicant's intention to join the "Malaysia Second Home" program (such as retirement, children's education, vacation, buying real estate, etc.). ).

3). Which family member does the applicant want to come to Malaysia with?

4) Explain how the applicant can support his financial ability during his stay in Malaysia.

5). Determine the conditions that meet your own financial standards.

Project advantage

Long time limit: permanent visa, no minimum residence requirement.

Quick approval: you can get a visa in 6 months at the earliest.

Less investment: a deposit of about 300,000 yuan is enough.

Capital security: self-owned regular investment, zero risk.

Low threshold: no age limit, no English requirement and no proof of asset source.

Government support: The project is initiated, planned and implemented by the government.

One person applies and the whole family signs the contract.

Application conditions

Applicants under 65438 +0. 50: There is RM 500,000 in deposit;

Applicants aged 50 and above: deposit RM 350,000;

2. Income (salary, etc.). ) More than RM65,438+00,000 per month;

* According to the requirements currently approved by Malaysian authorities, the income needs to reach RM 654.38+0.5 million or above.

3. No criminal record;

4. Accompanying personnel: the principal applicant, spouse, unmarried children under 2 1 year;

* In order to prove that the specified deposit requirements can be met, RM 500,000/RM 350,000 must be deposited in the bank for 65,438+02 months before the application;

* The official requirement is that the child should not be over 19 years old when submitting the application, and the visa issued to the child is valid until the child is 2 1 year old;

* Parents over the age of 60 can apply for reunion after the main applicant obtains a second return visa.