Government Incentive Measures for Malaysia's Second Home Plan

People who participate in the "My Second Home" project in Malaysia enjoy many awards, which make them live happier and more comfortable in Malaysia.

These awards include:

1. Buy a house

Successful applicants (over 50 years old) can withdraw RM 65,438+050,000.00 from time deposits after one year, and those under 50 years old can withdraw RM 65,438+000,000.00. To buy a house. The Malaysian government announced the abolition of the profits tax on the sale of houses.

Buy a car

Successful applicants can buy locally assembled cars without paying customs duties and sales taxes.

Hire servants

Successful applicants can hire a maid.

4. Education

Daughters of successful applicants can continue their studies in Malaysia, or they can apply for private schools. If they want to go to public schools, they must get approval from the relevant authorities.

If you plan to let your child come to Malaysia for further study, it is best to apply for "Malaysia Second Home" when your child is in the second year of high school. Once approved, the family will get a visa for 10 years. Successful applicants can withdraw a specified amount from the time deposit as their children's education expenses after their children graduate from senior three, that is, when they go to Malaysia for further study one year later. Moreover, children can continue to live in Malaysia after graduation without going back to China immediately.

Because of the similar cultural background and the intercommunication in diet and language between China and China, the applicants from the United States are most easily accepted by the local society and can quickly integrate into the local society. At the same time, because of its simple application procedure, no age limit and no English requirements, children can attend local international schools, invest locally and buy low-priced houses with permanent property rights, which have become the main factors to attract China people. The number of applicants in China continues to climb.

The Malaysian government's agencies responsible for the second home are mainly the Malaysian Immigration Bureau and the National Tourism Administration. We have set up three offices in China, namely, Beijing, Shanghai and ASEAN, to provide professional and convenient services for China applicants.

Why does Malaysia's second hometown attract global attention? Superior living environment is the main reason for the success of Malaysia's second home project. Malaysia has a stable political and economic environment, perfect infrastructure, convenient land, sea and air transportation, a warm and mild climate throughout the year, multi-ethnic, multi-cultural and multi-lingual, a combination of Chinese and Western lifestyles and a low level of consumption. The Malaysian Second Home project has the following four attractions for China people:

(1) Chinese, Chinese, Chinese food. Since Zheng He's voyage to the West more than 600 years ago, China people have been thriving in Malaysia. Malaysian Chinese have accounted for about 24% of its total population, and the proportion of Chinese in prosperous areas is even higher. Although Malay is its national language, Chinese (commonly known as Putonghua in Malaysia) is also widely used. Besides Putonghua, Malaysian Chinese also widely use Cantonese, Min dialect, Chaozhou dialect, Hainan dialect and Hakka dialect, which has laid a language foundation for China people to settle here. There are many Chinese restaurants in Malaysia, where you can taste not only Malaysian-style Chinese food cooked by local Chinese, but also authentic Chinese food cooked by chef China. Sichuan cuisine, Hunan cuisine, Cantonese cuisine and other local cuisines can be seen everywhere. Even Little Sheep hot pot, soup steamed buns, handmade Lamian Noodles, Northeast Lippi, barbecue mutton kebabs and other cuisines with China local flavor are not inferior to China.

(2) Diversified primary and secondary education and the university system under the Commonwealth system. China people attach great importance to children's education. In recent years, it has become a trend to send their children overseas for western education. Malaysia, which has been under British colonial rule for a long time, follows the education system of Commonwealth countries, including national and private international schools. Diplomas of any level are recognized in Europe, America and Australia, and the tuition fees are quite low, only about a quarter of that in Britain. Students with junior college degree or above studying in Malaysia can choose 2+ 1, 1+2 (that is, Malaysia has two years, other countries 1 year or Malaysia 1 year, other countries have two years) to continue their studies in the United States, Canada, Australia, New Zealand and other countries, and their diplomas will be awarded by graduation schools.

(3) Different tourism resources and low-consumption leisure sports facilities. Malaysia has vast beaches, strange islands, primitive tropical jungles, precious animals and plants, various caves, ancient folk customs and unique tropical tourism resources, which are the main factors that Malaysia has long attracted China tourists. Malaysia is also the first choice for golf lovers. There are nearly 200 golf courses designed by international celebrities all over the country. You can swing freely in the city and on the beach. Badminton is the most popular ball game in Malaysia. Indoor badminton courts can be seen everywhere in both urban and rural areas. Settlers can enjoy the good times brought by high-quality sports at low prices.

(4) The house price is relatively low. There are different types of houses in Malaysia, ranging from ordinary townhouses, apartments and detached buildings to high-end houses built in leisure places and urban centers such as seaside, Woods and parks. House prices are relatively low and prices have risen moderately. Take Kuala Lumpur as an example, the price of high-rise apartments in prime locations is around 5,000 yuan/square meter. Such housing prices are undoubtedly attractive to settlers from big cities in China.

Adjustment of application conditions for "second residence"

According to the latest notice from the Malaysian government, the Second Home Center under the Malaysian Immigration Department has issued the latest requirements. All applicants for the second home project need to submit a bank statement to prove their monthly income. This policy will be implemented on July 20 12 12, and the guests who submitted their applications before will not be affected. The original English version is issued as follows:

"MM2H Center informs you that from July 20th 1212, all MM2H applications must submit a bank account statement, indicating that the monthly income deposits (from salary/rent/interest/shares/etc.) or government-approved pensions in the last three months have been deposited in the applicant's bank account. Complete applications received before this date are not subject to the above requirements. "

MM2H center