Favourite Articles

  • Property sector slows down amid economic turmoil

    The uncertainties over the world economic prospects have started to take a toll on the local property market.Transactions have been slowing down in the past…

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  • Hot grabs outside Klang Valley

    Major property developers have been snapping up large plots of land worth well over a billion ringgit, even as the global economic scene turned more…

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  • Hike in RPGT a realistic percentage, says minister

    The 5% increase in the real property gains tax (RPGT) for properties held for two years or less is a realistic percentage, according to the…

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  • Property prices on Penang more resilient, says expert.

    A leading property expert said he does not expect property prices in Penang to see a major correction if there is a global downturn.

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  • Low-cost housing projects lift other property prices

    Middle and high-end properties are getting more expensive partly because developers are passing on the costs they have to bear in building low-cost houses.

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  • Malaysia Budget 2012: Property sector highlights

    Malaysia Prime Minister Datuk Seri Najib Razak in tabling Budget 2012 in the Dewan Rakyat on Friday Oct 7, 2011 announced several proposals related to…

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  • MRT to have big impact on property prices

    Property valuers and developers expect the Klang Valley Mass Rapid Transit (MRT) project to have significant impact on the prices of residential and commercial properties…

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  • Malaysian Construction growth up 7%

    The construction sector is expected to get more prominence in the Economic Report 2011/2012 with its growth targeted at 7% in 2012 from 3.4% in…

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  • Malaysian Economic Outlook 2012

    The government projects the economic growth to pick up in 2012, with gross domestic product (GDP) expanding between 5% and 6%. This is a more…

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  • Malaysia property market to be stable.

    The Real Estate & Housing Developers' Association Malaysia (Rehda) is confident the property market can be stable amid the gloomy global economic outlook. Its chairman…

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  • The Malaysian Budget 2012

    The RM230.833 billion Federal Government Budget 2012 proposals, unveiled on Friday, Oct 7, will focus on seven core areas including reducing the impact of inflation…

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Malaysia My Second Home

Malaysia My Second HomeApplications under the Malaysia My Second Home programme are designed to be as straight-forward as possible and can be made when either inside or outside the country, but of course, you must be in the country legally to apply when already in Malaysia.

For the small number of nationals from countries that require a Visa to enter Malaysia, there is an exemption from getting a new Visa from Malaysian Embassies or High Commissions abroad when applying from within the country.

This does not affect UK nationals who do not need a Visa to enter Malaysia anyway.

To apply you will need:

A letter of Application

Two completed copies of Form IM12 (application form for a social visit pass)

Two passport sized photographs

A certified copy of all the pages of your passport or other travel document

A certified copy of your marriage certificate - if accompanied by your spouse

A certified copy of the birth certificate(s) of your children if they are accompanying you

A certified copy of your latest bank statement or other evidence of your ability to support yourself financially whilst in Malaysia

A medical report from any public or private hospital in Malaysia

Evidence of valid medical insurance

Evening at KLCCIf you are under 50 years of age when you apply you will need to open a fixed deposit account of RM300,000 upon application for the programme. After one year you can withdraw up to RM200,000 for "approved expenses" - such as things related to purchasing a house, medical expenses or educational costs for your children in Malaysia. From the second year of residence under the programme, the guidelines require you to keep a minimum balance on fixed deposit of RM100,000 during the time of your stay in Malaysia.

If you are over 50 years of age when you apply, you can choose either to open a fixed deposit account of RM150,000 or alternatively you must provide proof with your application of a monthly off-shore income of RM10,000 from an approved or recognized institution in your home country. For many people this could be a pension plan income. After a period of one year in the scheme you can withdraw up to RM50,000 for "approved expenses" - such as things related to purchasing a house, medical expenses or educational costs for your children in Malaysia. From the second year of residence under the programme, the guidelines require you to keep a minimum balance on fixed deposit of RM100,000 during the time of your stay in Malaysia.

Beware of unauthorised MM2H agents. Under new government guidelines NO company is permitted to represent the Malaysia My Second Home programme unless this is their sole business and any authorised agents MUST now have MM2H as part of their business name.

Fees

The fee for applying for a Social Visit Pass under Malaysia My Second Home programme is RM 90.00 per year (currently about fourteen pounds) and any Visas or Employment Passes for maids or Student Passes for children are charged at the standard prevailing rate (typically about fifteen pounds)

Clients' Charter

The Malaysian Immigration Authorities aim is to make the process as non-bureaucratic as possible and they subscribe to a clients' charter which aims to process new applications within 21 working days from the date of submission and renewals within 3 working days from the date of submission.

Identification Cards

Malaysian identification cards aredue to be  issued to individuals under the Malaysia My Second Home programme by the Malaysian Immigration Department Headquarters - but this system is not yet in place.

Check out the latest proceedures HERE.

 

You can download a summary of the Malaysia My Second Home Programme issued by the Malaysian Ministry of Tourism by clicking here.

Other information on the programme published by the Malaysian Ministry of Tourism is listed below:

New Application Procedures

Bringing Your Personal Effects

Childrens' Education

Buying Property

Selling Property

Opening a Fixed Deposit Account

Bringing or Buying a Car

Getting or Transferring a Driving Licence

Car Tax Exemption

Selling Your Car

Importing a Second Car

Bringing Foreign Domestic Staff

Bringing Your Pets

Health and Well-being

Taxation Guidelines

Foreign Investment Committee Guidelines

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