Malaysia is a beautiful country that’s fast becoming one of the most fascinating second homes in South East Asia! It can offer an ideal difference in almost all aspects of your life – a peaceful residential haven, a fertile investment climate, diverse culture, harmony, safety, with natural and man-made wonders, and unmatched scope for progress.
Previously, if you had a Malaysian spouse you were not eligible for the MM2H visa and was required to apply for the ‘Spouse Visa’. Fortunately, the rules have changed and you may now apply if you have a Malaysian wife/husband.
You do not have to move to Malaysia or even spend a minimum amount of time each year. The visa allows you to come and go as you please.
If you are not married, you will have to apply separately and thus you will both need to qualify for the program.
Unfortunately, having an MM2H visa does not entitle applicants to Permanent Residency and it cannot be converted to PR status. The MM2H visa is a 10-year visa which gives the flexibility for applicant to come in and out of Malaysia as many times as they like without any restrictions.
The programme does not require any property purchase. According to research by The Expat Magazine, around 20 percent of applicants who move here choose to rent properties or stay in serviced apartments.
Each state in Malaysia sets its own rules regarding property purchase. Usually any property over RM1,000,000 can be purchased by a foreigner but some states have slightly different rules and some states set lower limits for people with the MM2H visa.