Can I apply for permanent residency after studying in Malaysia for five years?

Nanyang Real Estate Malaysia Second Home Professional Team answers your questions:

Malaysia is a non-immigrant country, and only by applying for the status of Malaysia's second hometown can you obtain permanent residency. There is no direct relationship between studying abroad or not.

Conditions for Malaysia's second residence status:

Apply for qualification

Applicants for Malaysia's Second Home Project must meet the following three basic conditions to successfully apply: 1, and the proof of current assets in offshore countries is equivalent to RMB 1 10,000 yuan or more. (If you don't have the deposit of RMB 654.38+RMB 00,000, please call our consultant to seek other alternatives); 2. The monthly income of both husband and wife reaches 20,000 yuan; 3. No criminal record certificate.

Financial requirements

Under this plan, applicants should have specific financial ability and not go to work in Malaysia.

Application stage:

1. If the applicant is under 50 years old, it must prove that the value of current assets is at least RM 500,000 and the monthly offshore income is RM 654.38+00,000.

Two. Applicants aged 50 and above must provide financial proof that their current assets are RM 350,000 and their monthly offshore income is RM 654.38+00,000. If you have retired, you must prove that the funds approved by the government to receive pensions are RM 10000 per month.

[Financial proof can be various forms of cash, deposits, bonds, securities, property and other assets]

Three. If the new applicant buys a property worth more than 1 million in Malaysia, the amount of time deposit will be reduced after approval.

After approval? After receiving the conditional approval letter from the Malaysian Immigration Department, the successful applicant must meet the following financial criteria:

After approval: persons under 50 years old.

* Open a fixed deposit account of RM 300,000.00 in any local bank in Malaysia? .

* After one year, you can get back RM150,000.00 at most. For related expenses, such as buying a house in Malaysia, educating children, investing, seeing a doctor, etc.

* Starting from the second year, the minimum balance must be RM150,000.00. According to this plan, deposits are kept in their own accounts opened in Malaysian banks. This amount cannot be withdrawn until the participant decides to terminate his participation in MM2H.

After approval:? 50 years old and above

*? You can choose at will:

-Open a fixed deposit account of RM 654.38+RMB 500,000;

* After one year, participants who meet the fixed account criteria can propose 50,000 ringgit for approved expenses, such as buying a house, paying for children's education and medical expenses in Malaysia.

According to this plan, from the second year, participants must keep at least 654.38 million ringgit in bank deposits during their stay in Malaysia. This amount cannot be withdrawn until the participant decides to terminate his participation in MM2H. .

Health status?

All applicants and their families (spouses or children) must submit medical reports from hospitals/registered clinics in Malaysia.

Buy medical insurance

The approved applicant and his/her family (spouse or children) must have valid medical insurance applicable to Malaysia.

The application process of Malaysia's second immigration return plan;

-Consult the Malaysia Second Family Network (mm2hplan) for details of the project.

-Sign an agency agreement with the second application center?

—— Prepare the application materials and fill in the form under the guidance of the consultant?

—— Submit application materials. ?

-Get the approval letter (about 3 months).

-Report to Malaysia (medical insurance? Open a time deposit account)?

—— Pay visa fees and submit relevant documents (deposit certificates of financial institutions recognized by Malaysia, effective medical insurance policies in Malaysia and effective medical examination reports in Malaysia). ?

-Obtain a valid residence permit of 10 year and a multiple-entry visa of 10 year (the entry visa is subject to the validity of the passport, if the validity of the passport is only 3? Now, the visa will be given to 3? Years, after the expiration, should apply for an extension). ?

-Settle down, buy a house, invest and pursue further studies. ?

-Termination or extension of ten-year visa application.

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