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THE PROGRAM
“Malaysia: My Second Home” program is to allow people from all over the world, who fulfill certain criteria, to stay in Malaysia as long as possible on a social visit pass with multiple entry visa. The Social Visit Pass is initially for a period of 5 years and renewable.
WHO ARE ELIGIBLE TO APPLY
- It is open to all citizens of countries recognized by Malaysia regardless of race, religion, gender or age.
- The applicant must prove a minimum fixed deposit of RM150,000 with any Malaysian financial institution AND have a monthly offshore income equivalent to at least RM7,500 if single or RM10,000 if with spouse.
OTHER CONDITIONS
- Having a reputable sponsor can be a help. However, this condition is not required if the financial background and status of the applicant satisfies the Processing Officer.
- To have a medical report from any recognized hospital.
- A medical health insurance valid in Malaysia.
- The successful applicant cannot seek gainful employment in Malaysia unless he possesses special expertise and obtains the permission of the Malaysian government.
WHY MALAYSIA
- Malaysian Government Support.
- Highest standard of living in this region.
- Lowest cost of living in Asia.
- Pleasant weather throughout the year.
- Modern infrastructure with well connected which up-to-date modern road, rail, air and sea transportation systems.
- Political Stability with current ruling Government which is the longest serving freely elected Government in the world.
- Rule of Law is one of the fundamentals in Malaysia’s constitution.
- Safety: Statistics can proof that Malaysia is one of the safest countries in the world with lowest crime rate.
- Religion: Islam is the official religion of Malaysia but the constitution guarantees the right of people to practice other religions.
- Language: The Malay language (Bahasa Melayu) is the national language of the country. English is the second language but other languages can be freely used and practiced.
- Culture: Other cultures can be practiced freely.
- Recreation/Entertainment: The country has everything for the family – theme parks, jungle trails, sports, water sports and one of the highest numbers of golf courses.
- Shopping: Most of the branded items that tourists normally like to buy are completely free of tax.
- Education: The country has one of the best-developed and quality educational systems – both public and private. There are international schools of repute in all major towns with English as the medium of instruction. There are also private colleges and universities offering twinning programs with other well-known universities and major colleges from throughout the world.
- Medical Facilities: The country has a very efficient health system where medical services are provided at nominal cost and Private doctors, clinics and also hospitals of international standards are easily obtainable at very reasonable cost.
- Residence: There are quality residences – terrace houses, semi-detached, bungalows, apartments and condominiums. all over the country. Foreigners are eligible to buy 2 houses at a cost of not less than RM250,000 each. For this purpose, they are also entitled for 60% loan from local banks.
APPROVAL
Under normal circumstances, all applications that fulfill the criteria should be processed and approved within 30 days after submission of the application.
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