Under the Malaysia My Second Home Program a foreign national, and his or her dependents, may obtain a 10-year multiple entry visa if they make a fixed deposit in a Malaysian bank or invest in real estate. Prior to the visa’s expiration, it can be renewed provided that requirements are still met.

This program is aimed at retirees and persons of independent means that wish to establish residency in Malaysia. The visa does not allow working in the country, with certain exceptions, and does not entitle its holder to be eligible for a permanent residency permit, neither citizenship.

INVESTMENT

Investment in Real Estate

Applicant is required to have purchased houses for a total value of at least MYR1,000,000 within 5 years prior to the visa application.

In addition, he or she must make a fixed deposit in a Malaysian bank account of MYR150,000 if the applicant is under 50, or MYR 100,000 if he or she is equal to or older than 50.

Requirements

• A Malaysian sponsor is required to support the application and place a personal bond up to MYR2,000 before the visa is issued.
• Have medical insurance from any insurance company that is valid in Malaysia. Senior applicants who are denied coverage because of their age are exempt from this requirement.
• Undergo a medical examination in any private hospital or clinic registered in Malaysia.
• Police clearance certificate from the country of origin to prove that the applicant has no criminal record.
• Show evidence of ownership and full payment of property

Restricted Nationalities

No nationality is officially restricted

Dual Citizenship

Dual citizenship is not recognized in Malaysia. To become a citizen of Malaysia, you must renounce your previous nationality.

Documents Required

• Evidence of Health Insurance
• Curriculum Vitae
• Original or Certified copy of Birth
• Certificate (if applicable)
• Original or Certified copy of Marriage Certificate (if applicable)
• Proof of net wealth
• Proof of income
• Bank Statement
• Original Police Clearance Certificate
• Medical Certificate
• Evidence of purchasing property (if applicable)
• Authorization letter to verify financial documents
• Job and Salary verification letter
• Certified copy of passport
• Covering letter