Malaysia, with a range of beautiful living environments from beach resorts to highlands, offers a wonderful place for immigration. Now, potential immigrants have an even greater reason to choose Malaysia: the government's Malaysia My Second Home program. This program is especially beneficial for retirees as well as for young professional, looking to immigrate to a foreign country to kick start their careers and warm climate with a low cost of living. If this is what you are looking for, immigration to Malaysia could be for you!!
The Malaysia My Second Home program is an immigration scheme open to nearly all foreign citizens wishing to retire or live in Malaysia on a long-term basis. Your spouse and children can also immigrate. Here are some of the key benefits of the program:
You will receive a five-year Visit Pass and Multiple-Entry Visa (renewable every 5 yrs.)
You can import your car or purchase a new car, tax-free and enjoy other tax incentives.
You can invest and own businesses in Malaysia.
You can enjoy a luxury lifestyle at a fraction of the cost of living in the West.
Malaysia is a very affordable place to retire early.
You maintain your original citizenship and are free to travel as often as you like.
You are eligible to participate in Malaysia My Second Home program if you can show that:
(If You Are Above 50 Years Of Age) You have at least RM 100,000.00 (equivalent to USD26,315.79*) to be deposited in a bank in Malaysia, or your income is at least RM7,000.00 (equivalent to USD1,842.10* per month) if you are single, or
You have at least RM 150,000.00 (equivalent to USD39,473.68*) to be deposited in a bank in Malaysia, or your income is at least RM10,000.00 (equivalent to USD2,631.58* per month) if you are a couple (*USD1.00 = RM3.8)
(If You Are Below 50 Years Of Age)
You have at least RM 100,000.00 (equivalent to USD26,315.79*) to be deposited in a bank in Malaysia, and your income is at least RM7,000.00 (equivalent to USD1,842.10* per month) if you are single, or
You have at least RM150,000.00 (equivalent to USD39,473.68*) to be deposited in a bank in Malaysia, and your income is at least RM10,000.00 (equivalent to USD2,631.58* per month) if you are a couple. (*USD1.00 = RM3.8)