MALAYSIA MY SECOND HOME
WHAT IS "MALAYSIA MY SECOND HOME" PROGRAM?

“Malaysia My Second Home Program” is a short term immigration program, which is officially endorsed by the Government of Malaysia. It is open to foreign citizens (and their immediate family) worldwide, who wish to retire and live in Malaysia.
Benefits of the program:

• The participants will get a 10-year Visit Pass and Multiple-Entry Visa (renewable every ten years), which allow the holders to freely enter and leave Malaysia within the period.
• The participants can enjoy a tax-free benefit to purchase a new car in Malaysia, or import one. There are also some other tax incentives.
• The participants can invest and own real estate in Malaysia.
• The participants’ children can enjoy quality and affordable education in Malaysia, many of the colleges in Malaysia offers cooperative programs with universities in the U.S., U.K., Australia, and many other countries.
• Enjoy a quality lifestyle with low costs.

THE BENAFITS
WHY CHOOSE MALAYSIA AS YOUR SECOND HOME?

There are many reasons to choose Malaysia to be your second home including the low cost of living and the high quality living environment (in fact, it is the best in the area). The average daily meal expense is not more than $6 USD. A regular two-bedroom apartment in Malaysia costs only $26,000 USD in average.
Malaysia owns an outstanding highway system which connects pretty much every state in the Western Peninsula. The distance between cities is shortened by the advanced transportation system. You can go anywhere in Malaysia without even owning a car.
If you still need more reasons to choose Malaysia as the place to retire, we have listed a few more:

• Tropical weather all year around makes the living conditions highly enjoyable.
• Malaysia has a superb healthcare system with excellent facilities and experienced practitioners.  Both medical expenses and insurance are much more affordable compared to other countries.
• A phenomenal education system is in place. There are public schools, private schools, as well as a handful of international schools which especially cater to the interests of expatriates and their children.
• Multi-leveled shopping centers selling name brand items can be found all over.  There are also many street stands where you can buy local products for very reasonable prices.
• For those who love the sport of golf, Malaysia is home to many outstanding golf courses.  You can choose between the many competitive rates.
• English is understood and spoken among a very large portion of the population.
• Being in the heart of South East Asia, traveling to neighboring countries does not take very long at all.  For a small price, you can be experiencing another country…another culture.  !
• For those that love the great outdoors, there are numerous caves to explore, mountains to climb, and other places to visit.
• If you’re a food enthusiast, Malaysia is the place to be!  Besides serving traditional Malay food, you’ll be able to find plates that have been influenced by other cultures.  Not only will your stomach be satisfied, but your wallet will be content too since food can be found at a very cheap price.
• Compared to other countries, crime rates are very low.  This is due to a highly efficient Royal Malaysian Police.
• There are very low insurance rates.  
• The people are friendly and helpful.
• So many other reasons… you will just have to come and experience it for yourself.

The Qualifications
Can I/ my family and I be a part of this?

After January 1, 2008, the chosen applicant is required to act in accordance with the following financial standards when they receive a “conditional approval.”  :

   i)     If applicant is 49 or younger

• Provide bank statement for bank deposit or fix deposit account in the country of origin with the amount of RM 500,000.00
• Open a fixed deposit account in Malaysia of RM 300,000.00.
• Have proof of a monthly income of at least RM 11,000.00 from an approved institution in the country of origin.
• After one year, the participant may withdraw up to RM 240,000.00 for approved expenses such as those having to do with buying a house, paying for school, or medical costs.

ii) If applicant is 50 or above

• Provide bank statement for bank deposit or fix deposit account in the country of origin with the amount of RM 350,000.00
• Open a fixed deposit account in Malaysia of  RM 150,000.00
• Have proof of a monthly income of at least RM 11,000.00 from an approved institution in the country of origin.
• After one year, the participant may withdraw up to RM 90,000.00  for approved expenses such as those having to do with buying a house, paying for school, or medical costs.
   

The Application Process
A 3-Step Process

The application for Malaysia My Second Home program procedures has been broken down into 3 easy to follow steps:
STEP ONE
Send us the following documents: (contact us for address)

• Eight (8) colored passport size photographs of each person applying
• One (1) photocopy of the passport (every page including the front and back covers) for each person applying
• Original marriage certificate if applying with spouse 
• Original birth certificate if applying with children
• Proof of monthly income of at least RM 11,000.00. Monthly income can be in the format of retirement pension/ benefits, company's remuneration, certified remuneration voucher plus letter of verification from your company, rental income from property owned (receipt and certified rental agreement) and/or other consistent income. 

Contact us if you have any questions.

• A personal resume
• A letterhead from the company you are currently working with (If you are not above 50 years old)
• Pay slips from the last 3 months of work
• Provide bank statement for bank deposit or fix deposit account in the country of origin with the amount of RM 500,000.00 (For the applicant less than 50 years old)
• Provide bank statement for bank deposit or fix deposit account in the country of origin with the amount of RM 350,000.00 (For the applicant more than 50 years old)

STEP TWO
What we will do upon the receipt of your application and documents: 

• Upon receiving your documents, we will notify you to verify information as well as to tell you whether all necessary documents were sent.
• We will complete Form IM. 12 of The Immigration Department for each applicant.
• You will need to make an initial deposit of USD $1200 for a single application or USD $1500 for the family application using telegraphic transfer to our Bank account in Malaysia. (contact us for Bank account.)
• When we have confirmation of your payment, we will then pass on your application to The Immigration Department of Malaysia for further processing. Please note that once when have sent out the application and during the application process, your initial deposit will not be refund. When they notify us, we will again notify you of the successful submission by faxing or E-mailing you.

STEP THREE
Once approved, the following will be done:

• If approved, we will notify you by sending the official approval letter from The Immigration Department for you so you can start applying for a Visa to come to Malaysia. A government process payment will need to be made at this time. However, if the application is rejected for one reason or another, we will submit an appeal. If rejected a second time, your initial deposit will be refunded less a processing fee of 60% of the initial deposit.
• When you arrive in Malaysia to endorse your passport with The Immigration, we will help you open a fixed deposit account, purchase medical insurance, and prepare a medical check-up if needed.
• We will then accompany you to The Immigration Department for endorsement to carry on the document process.
• There, you will settle the balance of our professional fees. (USD $1200 for a single application or USD $1500 for the family application).
• There are additional governmental document fees after the application is approved. They are: 1. Malaysia visa fee RM 900 (RM90 X 10 years) 2. Malaysia travel document fee RM 200 (RM20 X 10 years) 3. Multiple entry passports RM100 4. Malaysia health examination and health insurance.
• We will also provide you with other assistance such as locating the best property most suited to your needs, finding you a vehicle, obtaining a permanent maid to assist in your daily chores, as well as giving you other friendly tips.

Contact US
Our Service Locations

Malaysia
163-0-11 Wisma MahSing Jalan Sg.Besi 57100 Kuala Lumpur, Malaysia
Tel: (03) 79801314 Fax: (03) 79803957
Taiwan
No.69, Min-an St., Jhonghe City, Taipei County 235, Taiwan (R.O.C.)
Tel: (02) 82218111 Fax: (03) 82218112
China
Tel: (20) 26272786 Fax: (20) 26270487