What conditions do Malaysian immigrants need?

Malaysia's immigration plan, also known as the Second Hometown Plan (MM2H), originated from the retirement plan (Silver Hair Plan) formulated by Malaysia Tourism Board 1996. Since 2002, the Silver Hair Program has expanded its application scope and started to cater to foreigners over 2 1 year.

1. Application conditions for immigrants from Malaysia's second hometown

The specific requirements for applying for a second home are as follows:

As shown in the above picture, it is very simple to get a second home in Malaysia. You can deposit money in Malaysian banks without any requirements such as language, education and work experience. The whole application period is about half a year. The money deposited in the past was deposited in the Malaysian bank in the form of a one-year fixed deposit. Although the interest is not much, there is almost no risk. (At present, the annual time deposit interest of China Bank's branch in Malay is 3. 15%).

However, it should be noted that although the second residence in Malaysia is an immigrant, it is not a permanent residency in the conventional sense, but a single residence visa with a validity period of 10 years, which is equivalent to resident status. This identity is tied to bank deposits, and the money must always be in the bank before the identity can be updated indefinitely. After obtaining this status, you can take your spouse and children to live, go to school and do business in Malaysia at any time. You are not restricted, but you can't work and enjoy social security. You will never change your status as a Malaysian resident.