Job Recruitment Website - Immigration policy - Can Malaysia immigrate after buying a house?

Can Malaysia immigrate after buying a house?

Malaysia is a non-immigrant country, so it is not allowed to immigrate after buying a house. Now the second home plan launched by the Malaysian government is equivalent to Malaysia's green card. After successful application, it can obtain the right of abode for up to ten years, which is very popular among investors.

Applicants for Malaysia's second home under the age of p>1.5:

- Proof of offshore income of RM 1, or more per month must be provided

- Proof of current assets of RM 5, or more must be provided

- Approved applicants must deposit a fixed deposit of RM 3, in any bank in Malaysia

- After one year, they can withdraw up to RM 15, for the purchase of a house. Children's educational expenses and medical use in Malaysia

- from the second year onwards, they must keep a time deposit of at least RM 15,

Applicants who are p>2.5 years old and above in Malaysia's second home:

- They must provide proof of offshore income of RM 1, or above every month (retirees must provide proof of government-approved pension of RM 1, per month)

- They must provide proof of current assets of RM 35, or above

. -The approved applicant must deposit a fixed deposit of MYR15, in any bank in Malaysia

- After one year, he can withdraw up to MYR5, for the purchase of a house. Children's educational expenses and medical use in Malaysia

- A time deposit of at least RM 1, must be maintained from the second year

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

Proof of ownership of the house must be presented

-Approved applicants under 5 years old only need to deposit a time deposit of RM 15, in any bank in Malaysia

-Approved applicants aged 5 and above only need to be in any bank in Malaysia.