Introduction to Malaysia
Malaysia, abbreviated as Malaysia, is a country located in Southeast Asia, geographically close to the equator, and the climate belongs to the Asian tropical rainforest climate. Its land is divided into two parts, east and west, by the South China Sea.
The Malay Peninsula in the western half is divided into eleven states and two federal territories (Kuala Lumpur and Penang), often known as “West Malaysia”; the north is connected to Thailand; the south is connected to the Strait of Johor, which is connected to Singapore by the New Embankment and the Second Passage; and the eastern half is located in the northern part of Borneo, which is divided into the two states of Sabah and Sarau and the Federal Republic of Labuan. The jurisdiction is often called “Dongma”. Malaysia borders Indonesia to the south, while Brunei borders East Malaysia on three sides.
Malaysia Immigration Program
- Note: Malaysia's Second Home Project (MM2H) is currently suspended!
- Project introduction
- Malaysia's Second Home Program (MM2H) is a long-term visa-free residence program that does not require immigration supervision.
- Applicants only need to make a deposit or buy a house, and can move to Malaysia without venture capital. The application threshold is low and the procedures are simple.
- As long as you deposit 300,000 Malaysian dollars into the Bank of Malaysia, you can withdraw 150,000 in the next year. After that, you can keep 150,000 in your account, and it will be halved if you are over 50 years old.
Features of the Second Home Project (MM2H)
- Note: Malaysia's Second Home Project (MM2H) is currently suspended!
- The Second Home Plan (MM2H) is a 10-year settlement visa, which can be renewed after 10 years.
- The Second Home Project (MM2H) cannot be naturalted through it, and visa holders can open a company in Malaysia, but cannot work.
- Second Home Project (MM2H) If you want to work in Malaysia, you need to apply for a separate work permit, but your children who are educated can enjoy local national treatment.
- The second home plan (MM2H) has a low threshold and is easy to obtain.
- Those who have obtained MM2H are strictly prohibited from participating in political activities and missionary activities.
Project Advantages
- Project advantages
- One person applies, and the whole family gets a visa.
- Buying a house has a chance of up to 70% of the ideal mortgage.
- Starting a company has various tax exemptions and benefits.
- Permanent visa, no minimum residence requirement
- You can get a visa in 6 months at the earliest.
- Low investment amount and threshold
- No age limit, no English requirement, no proof of asset source
Application Conditions
- Application conditions
- Applicants under the age of 50: have a deposit of 500,000 Malaysian dollars (about 930,000 Hong Kong dollars)
- Applicants over 50 years old: have a deposit of 350,000 Malaysian dollars (about 560,000 Hong Kong dollars)
- After approval, you must open a time deposit account of 300,000 (under 50 years old) or 150,000 (over 50) Malaysian dollars.
- Overseas income (salary, etc.) of more than 10,000 Malaysian dollars (about 18,000 Hong Kong dollars) per month
- No criminal record
- The spouses, parents and unmarried children under the age of 21 of the main applicant are allowed to be accompanied.
- Qualified investment:
- Shares or bonds of the company registered in the United Kingdom, and the registered British company must be a company with active business, and the company's main business cannot be property investment, property management or property development;
- A British company with active business means that the company needs to be legally registered with the British Companies House; and registered with the British Revenue Service (HRMC) and is paying taxes; has a registered address; has a bank account opened in the United Kingdom and its account can show that the company's business is in operation; the company needs to hire at least 2 local employees in the United Kingdom, and this employee cannot be a director of the company.
- In practice, it is listed on the London Stock Exchange in the United Kingdom and the company's main business is not property investment, property management or property development, which can meet the requirements.
- Documents required for application:
- The British bank account certificate to be used for investment and a letter is sent by the Bank of England to explain to the HomeOffice that the funds can be used for investments attached to this visa application at any time.
- Proof of funds from overseas supervised financial institutions in the United Kingdom (2-year term)
- Gift contract
- The statement of the joint account holder (such as a couple)
- Tuberculosis Test (TB Test) Physical Examination Results
- Initial visa application:
- We will arrange a professional team to arrange a face-to-face meeting with the customer, and review the customer's needs, goals and application documents according to the background;
- And analyze and evaluate customer business according to the local market conditions and the criteria for applying for visas. The whole process takes about 3 months.
- Investment:
- Lock the investment period with the investment amount: £20,000 (5 years); £50,000 (3 years); 10 million pounds (2 years)
- Application for permanent residence:
- If the applicant completes the investment and meets the designated residence requirements, the applicant and his family members can apply for permanent residence.
- Applicants and family members are not allowed to leave the UK for more than 180 days a year during the investment visa period.
- Applicants must reach the B1 level of the Life in UK English test.
- Application for British citizenship:
- Applicants cannot leave the United Kingdom for more than 450 days in total during the 5 years before applying for British citizenship.
- You are not allowed to leave the UK for more than 90 days during the year before applying for naturalization.
Application Process
Advantages of Immigrating to Malaysia
- Advantages of immigrating to Malaysia
- Malaysia is not far from Hong Kong, with good climate and good air.
- The living index is lower than that of Hong Kong, and it is easier to maintain the original quality of life when moving to Malaysia.
- In addition, Malaysia has rich educational resources, high social inclusion, and there is no need to worry about language.
- Malaysia has become a popular place for migration and investment in recent years, and its government has launched the "Second Home Plan MM2H".
- However, many people do not go there for Malaysian nationality, but as a place for retirement, investment and vacation.