If one, what are the conditions for Malaysians to settle in China?

If you need to settle there for a long time, you must apply for the Second Home Program. Because you need to know that Malaysia is a non-immigration country, so the Malaysian government has launched the Second Home Program. You can apply for the specific application conditions. Check to see if the talisman matches yours.

Applicants under the age of 50 for Malaysian Second Home:

- Must provide proof of offshore income of RM10,000 or more per month

- Must provide proof of liquid assets of RM500,000 or above

- Approved applicants must deposit a time deposit of RM300,000 in any bank in Malaysia

- 1 You can withdraw up to MYR 150,000 after the year for the purchase of a house, children’s education and medical purposes in Malaysia

- From the second year onwards, you must maintain a time deposit of at least MYR 150,000

Applicants for Malaysian Second Home aged 50 and above:

- Must provide proof of offshore income of RM10,000 or more per month (retirees must provide proof of RM1,000 per month) Proof of government-approved pension of RM350,000)

- Must provide proof of liquid assets of RM350,000 or above

- Approved applicants must deposit in any bank in Malaysia Fixed deposit of RM150,000

- After one year, you can withdraw up to RM50,000 for the purchase of a house, children’s education in Malaysia and medical purposes

- From the second year Must maintain a fixed deposit of at least MYR 100,000 since 2020

Approved applicants who have purchased a house worth MYR 1 million or more in Malaysia:

- Approved applicants under 50 years old You only need to deposit a time deposit of RM150,000 in any bank in Malaysia

- Approved applicants aged 50 and above only need to deposit a time deposit of RM100,000 in any bank in Malaysia.

Check which type you are and prepare materials.

Source: www.mlngroup.cn