Wednesday, July 20, 2011

Malaysia Immigration

Malaysia, offers a range of beautiful surroundings of the resorts on the highlands is a wonderful place for immigration. Now, potential immigrants have an even greater reason to choose Malaysia: Malaysia My Second Home program, the government. This program is especially beneficial for retirees to emigrate in search of a warm climate, low living costs. Is this what you are looking for, immigration to Malaysia for you!

Visa Application

When applying for a Malaysia My Second Home (MM2H) visas to the following conditions:

 Applicants under 50 must show proof of liquid assets worth at least RM 500,000 and offshore income of RM 10,000 per month
 Applicants 50 years and older is the proof of RM 350,000 in cash and offer the bank in the amount of RM 10,000 per month
 New applicants may have acquired the properties, worth at least RM million qualify for a lower fixed deposit


For successful applicants have received a "conditional approval letter 'from Malaysia Immigration Department the following additional conditions:
Under 50 years

Open a fixed deposit of RM 300 000
 After a period of one year, the participant can withdraw up to RM 150,000 for approved expenses relating to the purchase of a house, education for children in Malaysia and in health
 Do you have a minimum of RM 150,000 from the second year and during their stay in Malaysia under the My Second Home Program
 For eligible applicants who have bought property and the value of RM million higher in Malaysia are subject to a basic fixed-term debt of RM 150,000, provided that the property is complete with all the legal ownership documents issued observed

For 50 years and older

Open a fixed deposit of RM 150,000, or
Evidence of government-approved pension fund of RM 10,000 per month
After a year, MM2H visa holders who withdraw deposits at RM 50 000 for approved expenses relating to the purchase of a house to meet children's education in Malaysia, and healthcare.
MM2H visa holders must have a minimum amount of RM 100,000 from the second year and the rest of his / her stay in Malaysia under this program
Approved participants, who bought the property purchased by RM million higher in Malaysia, are entitled to a fixed deposit of RM 100,000 have claim if the property has been paid and all legal ownership issued.

Other requirements

All applicants and their families are obliged to register a medical report from a private hospital or clinic in Malaysia serve to complete.
Health insurance
MM2H visa holders and their dependents have valid health insurance, which can be used in Malaysia (exceptions can be for people who are the difficulties of the health insurance because of their age or medical condition have).
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