Successful applicants under the MM2H program will receive a first five-year visa, which is longer in duration compared to visas offered by many other countries. At the end of the five-year period, the next 5-year visa can be extended.

Initially, the visa is issued for the duration of the main applicant’s valid passport, typically expiring slightly before the passport’s expiration date. Once a new passport is obtained, it is relatively straightforward to apply for the remaining duration of the five-year visa.

It is important to note that the MM2H visa does not lead to Permanent Residency (PR) or citizenship.

Dependents, including spouses, children, parents, and parents-in-law over the age of 60, are eligible to obtain a visa attached to the applicant’s MM2H visa.

※Children are considered eligible if they are single and under the age of 35, or if they have a disability (with no age restriction, subject to a doctor’s certification).

※Children’s dependent passes under the MM2H program will no longer be valid once they reach the age of 35. In such cases, the following options may be considered:

① Obtain a student pass (if the individual is a student)

② Obtain a work visa

③ Conclude the stay in Malaysia under the MM2H visa and enter Malaysia with a social visit pass

※The visa will be issued based on the validity date of either the visa or the passport, whichever is shorter. It is advisable to align the validity of the passport with that of the visa. For periods of less than 5 years, the visa will be issued after the passport has been renewed.

Children who are below 18 years of age are eligible to study at qualified educational institutions in Malaysia.

The employment of household staff is permitted under the MM2H program. 

Incorporation of businesses are allowed subjected to local authority terms and conditions.

Currently, Malaysia does not impose taxes on overseas income, meaning that any money transferred into the country will be tax-free. However, there are regulations regarding the reporting of large money transfers, so it’s important to comply with these requirements. Banks can assist with this process, but individuals who arrive with large amounts of cash may encounter issues.

Some MM2H visa holders may have their income taxed at the source country where it’s earned. Countries that have double taxation agreements with Malaysia may allow for tax deductions to stop if the taxpayer shows proof of registration for tax in Malaysia, even if no tax is due in this country.

Malaysia does not have an inheritance tax, so assets can be passed on to heirs without incurring Malaysian taxes.

Participants of the MM2H program are allowed to purchase property in Malaysia, with some restrictions depending on the state. Foreigners typically can only purchase properties priced over RM1,000,000, although this varies by state. It is not mandatory to have an MM2H visa to buy a property in Malaysia, but purchasing of property is best done after obtaining MM2H visa as withdrawal of 50% RM1,000,000 fixed deposit for property purchase can be done after a year of obtaining MM2H visa.

Capital gains tax of 30% is imposed on any profits made from selling a property within five years. After five years, the tax rate is reduced to 5%.