Criteria For Applying
> Must I be in Malaysia while applying?
> Can the purchase of a house in Malaysia which is valued more than RM150,000 be
considered as having fulfilled the financial criteria for this program?
> If my wife is also an income earner, can I use her income jointly to meet the criteria?
> What are the type off-shore incomes that are acceptable to apply under this program?
Fixed Deposits
> When will I need to place my fixed deposit?
> Can I place the fixed deposit in a Malaysian bank located in my country?
> Can I withdraw my fixed deposit during my stay in Malaysia?
> What will happen to my RM$60,000 fixed deposit?
> Can I have a joint name for this fixed deposit account?
Employment
> I am a qualified doctor in the USA. How can I practice as a doctor in a Malaysian
hospital or a private hospital?
Education
> Are my children allowed to study in Malaysia under the MM2H programme?
> If for some reason my children do not wish to continue studying in Malaysia, what will the status be on their student pass?
> If my children are 18 years and above, can I still apply for the MM2H visa?
Purchase of Property
> Are the applicants entitled to any special entitlements/benefits?
> Do I have to pay yearly assessment and quit rent for properties I purchased locally?
> In the event of an unforeseen death, is the applicant able to hand
over his/her Malaysian assets to any of his/her beneficiaries smoothly.
Does the Government have any restriction on this matter?
> Must foreigners buy new Malaysian properties only, such as from
developers, or can they purchase properties directly from
individual owners (second hand or third hand property)?
> Do I need to obtain prior approval from the Foreign Investment
Committee (FIC) for the purchase and sale of my house?
> Am I subjected to 'property gains tax' if I made a profit from selling
any of my properties?
> Can I apply for a home loan from a local bank or financial institution?
Purchase of Car
> What kind of car purchasing incentives are available for successful applicants?
> Are there any tax exemptions second-hand cars?
> If I was involved in a car accident and as a result I had to change the car, do
I have to pay back the tax exemptions?
> When can I sell my car, which has been given all the tax exemptions?
> How long will I have to wait before I am eligible for the car incentive?
> Can I apply for a car loan from any local financial institutions?
Income Tax
> What kind of taxes are the applicants of this MM2H programme usually
subjected to?
> Is the interest for the fix deposit taxable? Some say it is , others say its not provided the deposit amount doesn't exceed RM100,000 OR
if the deposit period is for one year. What is the exact regulation?
> Is income remitted from abroad taxable?
> If the participants have to submit income tax return to the Income
Tax department, are they entitled to any exemptions under the
programme?
> I am a German in which my country has a double taxation agreement with Malaysia for at least 184 days. My pension scheme will not be
taxed by the German Government and therefore I will also not be taxed by the
Malaysia Government. Is this true?
Driving License
> I have an international driving license. Do I need to sit for a
driving test locally to obtain a Malaysian driving license ?
Maids
> What type of maid that I can bring along under this programme?
> How do go about applying for a maid in Malaysia?
Medical Insurance
> What type of medical insurance will I need?
> What happens if I do not qualify to purchase an insurance due to my old age?
MM2H Visa Renewals
> What are the renewal conditions?
> When should I renew?