1. MALAYSIA MY SECOND HOME (MM2h)
Advantages
1) LONG STAY VISA
10 years multiple entry visa. They are
free to come and go as they like
Disadvantages
1) NOT ELIGIBLE TO WORK
a) Strictly NOT ALLOW to work as
FULL TIME
b) Strictly NOT ALLOW to work
under people
2) RENEWABLE VISA
The visa is renewable – the applicant
has complied with the terms and
conditions of the programme
2) TAXABLE INCOME
Any income received from within
Malaysian taxes
3) PERMITTED TO WORK
a) Visa holders are permitted to work
in Malaysia either part time only for
applicant above 50 years old
3) FIXED DEPOSIT
Must to place the Fixed Deposit until
the participant give up the MM2H
b) Permitted to be an Investor/
actively in their own business only
4) FOREIGN SPOUSE
Foreign spouses of Malaysian citizen
who were previously excluded from the
programme are now permitted to apply
5) PROPERTY PURCHASE
Permitted to buy most residential
properties costing minimum
RM1,000,000

2. 6) REAL PROPERTY CAPITAL
GAIN TAX
YEAR 2014 – RPGT for disposal within
First 3 years – 30%
4th year – 20%
5th year – 15%
6th year onward - 5%
7) INTEREST RATE FOR LOAN
a) Allow getting all type of loans from
Bank in Malaysia like all the Malaysian
did and enjoy the same rate as the
entire Malaysian have
b) Get the better rate for the
property above RM1,000,000
8) TAX FREE CAR
a) Permitted to buy the 1st car – locally
manufactured or locally assembled car
tax-free in Malaysia
b) Can import their own car from their
previous country of residence or their
country of citizenship
c) Buy a tax free car in Malaysia have
12 months to obtain approval after
collecting their visa
9) TAXABLE INCOME
a) Malaysia does not tax income from
overseas
b) Does not impose any inheritance
taxes

3. 10) AGE AND DEPENDENTS
a) Allowed to bring with their children
under the age of 21 and not married
b) Allowed to bring with their disable
children above the age 21
c) Allowed to being with their parents
BUT NOT include parents in law
11) DOMESTIC HELPER
a) Allowed to bring in on domestic
helper
b) The maid should come from a
country which has been approved by
the governments
c) Application for maid has to be
submitted after the approved of the
MM2H visa