MM2H Benefits & Incentives

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MM2H Visa Permit - Benefits & Incentives

Once your application is successful, there are various benefits & incentives provided as below:

MM2H Visa Permit:

• 5 Year Social Visit Pass with Multiple Entry will be.
• Compulsory 90 days per year between spouses.
• Renewable after 5 years.
• Main Applicant Age 35+ only.

Domestic Helper

Each applicant can apply for one maid subject to the prevailing guidelines of the Immigration Department.

Education

MM2H participants are allowed to bring their children who are below 31 years old and not married as their dependants.

Working & Part Time

Over 50 Year olds can work part time, terms apply.

Tax Exemption

Tax Exemption is given to remittance of offshore pension funds into Malaysia & any other foreign funds transferred into Malaysia.

Business & Investment

You can own your own business, terms apply. Generally any MM2H visa holders can own their own business as Directors without the requirement of any Local Malaysians, terms may apply.

Other

• Import personal/ household items, tax exempted.
• Invest in local companies, snare market & unit trusts.
• Interest gained trom bank fixed deposit is tax exempted.
• Your parents and parents in laws can also join you as dependents under a renewable long-term visa.
• No restriction ot funds in and out ot malaysia.
• Immediate local tax resident status based on MM2H visa.

Why Invest in Malaysia Property

There are many advantages for foreigners to invest in Malaysian property. The entry price for purchasing property in Malaysia is RM 1,000,000 (USD 250,000) in the majority of states. As Malaysia is a great sunny and natural disaster-free location to stay, affordable property prices attract more and more foreigners to invest in Malaysian property. Following are some reasons why foreigners want to invest in property in Malaysia.

Reasons to Invest in Malaysian Property:

• Foreigner direct ownership is allowed
• Safe and standard legal regulations to protect foreign ownership.
• Can purchase freehold and leasehold property
• Can purchase landed and high-rise property
• Can purchase converted purpose land to build own house
• No limitation on the number of property purchases
• Open market, can sell your property anytime
• Property profit gain tax only 5% after 5 years
• Legal fees, stamp duty, and reimbursement standardized pay by buyer and same price as a local resident.